Saudi Arabia's economy returned to growth in 2024, with real gross domestic product increasing 1.3% compared to the previous year, preliminary government data released on Thursday showed, with non-oil sector activities lifting overall GDP.
RIYADH: Former Emir of Saudi Arabia’s eastern province Prince Mohammed bin Fahd, 75, passed away on Tuesday. According to a statement released by the
Despite some successes, Saudi Arabia’s initial ambitions for Vision 2030 are starting to show signs of strain in the face of mounting challenges.
The price tag for Saudi Arabia’s ambitious plans runs into the trillions of dollars if fully built, far more than the country’s $1 trillion wealth fund. The U.K., Italy and Japan have already partnered on the Global Combat Air Programme, which aims to put a new stealth fighter with supersonic capability in the skies by 2035.
On January 27, Italian Prime Minister Giorgia Meloni said Italy is in favor of Saudi Arabia joining the Global Combat Air Program (GCAP), according to the Italian Prime Minister’s Office. Italy, Japan, and the U.K. launched the GCAP in December 2022 with a goal of deploying the next-generation fighter by 2035.
Saudi Arabia, Makkah and Madinah
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Saudi Arabia allows foreigners to invest in firms with property in Mecca, Medina
Saudi Arabia Opens Real Estate Investment in Makkah, Madinah
Saudi Arabia has announced a historic move, opening doors for foreign investments in publicly-traded companies that own real estate in the holy cities of Makkah and Madinah. This marks a significant shift in the Kingdom’s approach to foreign investment,
Saudi Arabia allows foreigners to invest in listed companies operating in Makkah and Madinah
The Saudi Capital Market Authority (CMA) has announced that foreigners are allowed to invest in listed Saudi companies that own real estate in the cities of Makkah and Madinah, effective from Monday,
The comments from Crown Prince Mohammed bin Salman came after President Donald Trump mused about returning to the kingdom as his first foreign trip.
Steven Witkoff, who played an important role in brokering the truce between Israel and Hamas, also met with Israel’s prime minister and visited Saudi Arabia.
The leak reveals that Saudi Arabia agreed to pay Russia over 2 billion euros under a contract signed in 2021 involving companies that were repeatedly sanctioned, both before and after Russia’s full-scale invasion of Ukraine.
More than 70 killed in drone strike on Saudi Hospital in El Fasher city in North Darfur state - Anadolu Ajansı
Saudi crown prince says the kingdom intends to invest $600 billion in the US during call with President Donald Trump Saudi Arabia is seeking a seat on the United Nations Human Rights Council ...
President Donald Trump has invited Israeli Prime Minister Benjamin Netanyahu to the White House next week as the first
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