Saudi Arabia Pledges $25 Bln Investment to Support Africa
Saudi Arabia on Wednesday announced ambitious plans to scale up its diplomatic and economic presence in Africa, aiming to boost its investments on the continent…
Tag: SAUDI ARABIA
Saudi Sovereign Fund Tops Global Governance, Sustainability Ranking
Saudi Arabia’s Public Investment Fund (PIF) has been ranked the top sovereign wealth fund globally in the 2025 Governance, Sustainability, and Resilience (GSR) rankings released…
Saudi Estate Market Surpasses $44 Billion in First Half of 2025
The Saudi real estate market recorded a decline in the total value of transactions and in the average price per square meter during the first…
Saudi Arabia Boosts Foreign Investment Inflows Surge 44%
Saudi Arabia is advancing rapidly toward its Vision 2030 goals, recording a notable surge in foreign direct investment (FDI) during the first quarter of this…
OPEC+ Now Key Stabilizer of Oil Prices
Saudi Energy Minister Prince Abdulaziz bin Salman said on Thursday that the OPEC+ alliance has become a key stabilizing force for oil prices and the…
Sun to Align Directly with Kaaba on Tuesday in Rare Phenomenon
The holy city of Makkah will witness a precise astronomical phenomenon on Tuesday as the sun passes directly overhead the Holy Kaaba. According to the…
Saudi Arabia Says over a Million Hajj Pilgrims Have Arrived
Saudi Arabia’s General Directorate of Passports announced on Monday that over a million pilgrims have arrived in the Kingdom to perform this year’s Hajj, which…
Saudi Banks Upgrade Systems to Align with New Commercial Regulations
The Saudi Central Bank has instructed all banks and financial institutions in the Kingdom to update their internal technical systems to comply with the newly…