9 h. ago Dubai Data Center Leader Plans Saudi Push After Silver Lake Deal

Khazna, a data center developer in the United Arab Emirates, is planning a major expansion in neighboring Saudi Arabia as the oil-rich nations compete to power the artificial intelligence boom.

Politics

22 h. ago Saudi Arabia and Qatar to pay back Syria’s debt to the World Bank

BEIRUT (AP) — Saudi Arabia and Qatar said Sunday they will pay Syria’s outstanding debt to the World Bank, a move likely to make the international institution resume its support to the war-torn country. A joint statement by the finance ministries of Saudi and Qatar said the decision to pay Syria’s nearly $15 million debt […]

Economics

5 d. ago China Oil Firm United Energy Gets Private Loan From Arab Energy

Saudi Arabia-headquartered investment firm The Arab Energy Fund has agreed to provide a $100 million private loan to Chinese oil company United Energy Group Ltd., according to a person familiar with the matter.

Economics

6 d. ago India’s Modi to Meet Saudi Crown Prince in Push for Closer Ties

Indian Prime Minister Narenda Modi is set to kick off a two-day trip to Saudi Arabia on Tuesday as he seeks to deepen ties with the major oil exporter and OPEC+ leader at a time of mounting global trade uncertainty.

Other

1 week ago Saudia Sweeps Top Awards at the World Travel Catering & Onboard Services Expo 2025

Serving as a testament to the airline’s stellar guest experience and commitment to excellence JEDDAH, Saudi Arabia, April 17, 2025 (GLOBE NEWSWIRE) — Saudia, the national flag carrier of Saudi Arabia, has received multiple accolades in the TravelPlus Airline Amenity Awards and the Onboard Hospitality Awards, presented on the sidelines of the World Travel Catering […]

Other

1 week ago Cancer Treatment Revolutionized by Cellular Engineering, and Nanotechnology Redefined by Carbon Nanotubes: Success of Scientists from Canada & Japan Honored by King Faisal Prize

Riyadh, Saudi Arabia, April 14, 2025 (GLOBE NEWSWIRE) — During the 47th session of the King Faisal Prize on April 14, exceptional accomplishments in the fields of cellular engineering and nanotechnology were honored. Professor Michel Sadelain was awarded the Medicine Prize for his groundbreaking contributions to Chimeric Antigen Receptor (CAR) T-cell therapy, a revolutionary cancer […]

Economics

2 w. ago Tesla launches in Saudi Arabia with its first showroom and service center in Riyadh

RIYADH, Saudi Arabia (AP) — Tesla officially launched in Saudi Arabia on Thursday, marking a new chapter in the company’s global expansion after Elon Musk ‘s troubled relationship with the kingdom — but the Middle East country’s extreme heat could pose a challenge for its electric vehicle performance and battery efficiency. Musk and Saudi Arabia […]

Other

2 w. ago Pakistan eyes multibillion dollars of investment as it hosts summit on country’s minerals sector

ISLAMABAD (AP) — Pakistan is pitching investments in its mines and minerals sector to delegations from the United States, Saudi Arabia and China as it opened a summit Tuesday during which authorities hope to bring billions of dollars in investments. The event aims to spotlight Pakistan’s vast reserves of copper, gold, lithium and other minerals […]

Other

3 w. ago Oil Extends Slump as Saudis Slash Prices and Tariff Risks Mount

Oil sank at the week’s open after Saudi Arabia slashed its flagship crude price by the most in more than two years, and the escalating trade war spurred concerns about a global recession and weaker demand.

Economics

3 w. ago Oil Plummets as Trade Risks Increase and Saudis Slash Prices

Oil sank at the week’s open after Saudi Arabia slashed its flagship crude price by the most in more than two years, and the escalating trade war spurred concerns about a global recession and weaker demand.

Economics