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Saudi property market offers promise of reliable returns for global investors

Saudi property market offers promise of reliable returns for global investors

Global investors are now sizing up the profit returns from Saudi Arabia's real estate market, as the kingdom's once closed-off sector will soon be accessible. Interest has peaked, especially as opportunities to buy into megaprojects such as Neom's...

Saudi Arabia to spur FDI with real estate shake-up

Saudi Arabia to spur FDI with real estate shake-up

Starting from January, Saudi Arabia will allow foreigners to buy real estate as an updated property law comes into force. Seen by industry insiders and analysts as a critical component of its Vision 2030 program to diversify the economy, the...

Is Saudi Arabia’s Riyadh Going To Be The ‘Super Hub Of The Future’?

Riyadh as a ‘super hub of the future’? That’s what the real estate consultancy Knight Frank is projecting as the Saudi city oversees one of the most ambitious and fast-track developments, whether it’s infrastructure, housing, office towers, or...

Saudi Sweets Brand Aims To Break Into Brazil

Saudi Sweets Brand Aims To Break Into Brazil

(MENAFN- Brazil-Arab News Agency (ANBA)) São Paulo – From a table covered with boxes and more boxes of visually stunning sweets and chocolates on display at the Hotel Unique in São Paulo, Omar Saadeddin explained that the company Saadeddin...

Saudi king, crown prince mourn Buhari

Saudi king, crown prince mourn Buhari

The Custodian of the two Holy Mosques, King Salman bin Abdulaziz Al Saud, and Crown Prince and Prime Minister of the Kingdom of Saudi Arabia, Prince Mohammed bin Salman bin Abdulaziz Al Saud, have both sent separate cables of condolences to...

Bechtel wins Expo 2030 Riyadh project management deal

Bechtel wins Expo 2030 Riyadh project management deal

The masterplan for Expo 2030 Riyadh encompasses an area of 6 square kilometres, making it one of the largest sites dedicated to a World Expo event Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on the MENA...

Warriors star Knowledge Musona released by Saudi Pro League club Al-Okhdood

Warriors star Knowledge Musona released by Saudi Pro League club Al-Okhdood

Despite playing a crucial role in helping Al-Okhdood Club avoid relegation in the Saudi Pro League, Zimbabwe Warriors forward Knowledge Musona has been released by the club. The 35-year-old, who joined Al-Okhdood last season, is now a free agent....

Arcade games and sword dance: What visitors can do at Esports World Cup, Riyadh

Arcade games and sword dance: What visitors can do at Esports World Cup, Riyadh

As esports takes centre stage in Saudi Arabia this summer, Boulevard Riyadh City is hosting one of the most ambitious gaming and culture events the world has seen. Spanning more than 50,000 square metres, the Esports World Cup Festival is more...

Saudi Arabia condemns the persistent Israeli blatant aggression on the Syrian territory

Saudi Arabia condemns the persistent Israeli blatant aggression on the Syrian territory

Riyadh, SANA – The Kingdom of Saudi Arabia condemned on Tuesday the Israeli blatant aggression on the Syrian territory, reiterated its call on the international community to stand by Syria and support it at this stage. The Saudi Foreign Ministry...

Russia Finds Oil Jackpot in Antarctica – Is This The End of Saudi’s Throne?

Russia Finds Oil Jackpot in Antarctica – Is This The End of Saudi’s Throne?

Moscow/New Delhi: A startling discovery beneath the frozen edges of the planet has set off waves of concern, awe and speculation. Russian scientists claim to have found one of the world’s largest reserves of crude oil (an estimated 511 billion...

Saudi’s new ‘Davos in the Desert’ boss leaves after six months

Saudi’s new ‘Davos in the Desert’ boss leaves after six months

The new CEO of Saudi Arabia’s highest profile investment summit has quit after just six months on the job. Penny Richards, who joined from the Aspen Institute in February, has left the Future Investment Initiative Institute, according to an...

Kano man jailed for failing to declare ₦653m from Saudi Arabia

Kano man jailed for failing to declare ₦653m from Saudi Arabia

Justice S.M. Shuaibu of the Federal High Court in Kano has sentenced a man, Salisu Ahmad, to prison for failing to declare large sums of foreign currency upon entering Nigeria through the Mallam Aminu Kano International Airport. Ahmad was...

Saudi Arabia leads MENA in venture capital with $860mln in H1 2025

Saudi Arabia leads MENA in venture capital with $860mln in H1 2025

RIYADH — Saudi Arabia maintained its position as the top destination for venture capital investment in the Middle East and North Africa during the first half of 2025, attracting SR3.2 billion ($860 million) in funding for startups, surpassing the...

Saudi Arabia condemns Israel's 'blatant aggression' in Syria

Saudi Arabia condemns Israel's 'blatant aggression' in Syria

On Tuesday, Saudi Arabia condemned Israel’s "blatant and ongoing aggression" in Syria, calling it a "flagrant violation of international law." In a statement, the Saudi Foreign Ministry said Riyadh has been closely following developments in Syria...

Saudi gas plant award set aside in London

Saudi gas plant award set aside in London

The Commercial Court in London has ruled that an ICC tribunal was wrong to accept jurisdiction over a claim against a Spanish construction and engineering group relating to work on a Saudi gas plant, finding the dispute belongs in ad hoc...

Riyadh Fashion Week 2025 has just been confirmed

The final deadline for designers has also been announced Before you know it, Riyadh Fashion Week will be strutting down our runways (yes, plural, as last year’s version was hosted at several venues). Dates for Riyadh Fashion Week 2025 have been...

Riyadh’s traffic problem may finally have a solution

Riyadh’s traffic problem may finally have a solution

In the country’s most recent move in introducing flying taxis into daily transportation, Saudi Arabia will be producing several thousand eCopters. Check out FlyNow eCopters in Saudi Arabia. FlyNow Aviation’s electric air vehicles, all of which...

Saudi side Al Nassr appoint Jorge Jesus coach

Saudi side Al Nassr appoint Jorge Jesus coach

Portuguese coach Jorge Jesus was appointed Tuesday by Al Nassr, where he will link up with Cristiano Ronaldo who signed a new two-year deal with the Saudi club last month. “It’s official: Mr. Jorge Jesus is the new Head Coach of Al Nassr,” the...

Howe’s dilemma as Newcastle’s Saudi owners can’t ignore case to sell Isak

Howe’s dilemma as Newcastle’s Saudi owners can’t ignore case to sell Isak

Amid the jungle of super-skyscrapers dominating Riyadh’s financial district, one building soars above the rest. From the higher floors of the 385-metre PIF Tower, employees can plot their next deal while gazing down on a glass-curtained canopy of...

Energy minister, IAEA chief discuss Saudi nuclear energy program progress

Energy minister, IAEA chief discuss Saudi nuclear energy program progress

Saudi Gazette report RIYADH — Prince Abdulaziz bin Salman, Saudi Arabia’s Minister of Energy, received Rafael Grossi, Director General of the International Atomic Energy Agency (IAEA), in Riyadh on Tuesday to discuss ongoing cooperation and...

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