Saudi Arabia
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Posted On NewsSaudi Arabia trims bets on US tech stocks
Saudi Arabia’s Public Investment Fund (PIF) rejigged its US equities portfolio during a tumultuous first quarter for Stateside stocks, expanding its direct investment in Amazon…
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Posted On NewsUAE and Saudi Arabia to introduce their own currency symbols
Within five weeks of each other, Saudi Arabia and the UAE have announced newly designed currency symbols for the riyal and the dirham, a decision…
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Posted On NewsSaudi Arabia turns to recycling to enhance mineral recovery
As part of its push to make mineral mining a pillar of its otherwise hydrocarbon-dominated economy, Saudi Arabia is investigating how to increase extraction by…
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Posted On NewsSaudi Arabia welcomes private funds for $64bn logistics projects
Saudi Arabia has more than SAR240 billion ($64 billion) of logistics projects underway and planned, most of which are open to private sector investment, a…
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Posted On NewsLendo raises $690m to fund SME growth in Saudi Arabia
Lendo, a Saudi debt crowdfunding platform, has secured a SAR2.6 billion ($690 million) facility to fund more small and medium-sized enterprises (SMEs) in the kingdom.…
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Posted On NewsUS health fund plans $200m factory in Saudi Arabia
Healthcare fund Akkad Holdings, based in the US, is to invest $200 million to build an intravenous fluid factory in Saudi Arabia. The facility will…
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Posted On NewsSaudi Arabia’s STC to build $9bn telecom network
Saudi Telecom Company (STC) has won a SAR32.64 billion ($8.7 billion) contract to develop a new telecommunications infrastructure in Saudi Arabia. The contract was awarded by…
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Posted On NewsSaudi Arabia in talks to host MMA facility at Qiddiya
Saudi Arabia has been identified as a potential host for a multi-use mixed martial arts facility akin to the Ford Center at The Star in…
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Posted On NewsSaudi Arabia has ‘great confidence’ in Lebanon’s reforms
Prince Faisal bin Farhan Al-Saud visited Beirut on Thursday, the first trip to Lebanon by a Saudi foreign minister in 15 years. The visit coincided…
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Posted On NewsTrump inauguration: Saudi Arabia comes into focus
Saudi Arabia looms large as Donald Trump moves back into the White House for a second term as US president, and there are many opportunities…
Liyana Parker
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