Saudi Crown Prince Mohammed bin Salman (MBS) has announced plans for a new airport in Riyadh, allegedly intended to spur rapid growth in the capital. The airport is expected to be one of the world’s largest airports, covering an area of...
Bloomberg Agency and the Wall Street Journal revealed that the Saudi Public Investment Fund, headed by the Crown Prince Mohammed bin Salman (MBS), raised a $17 billion loan to repay an existing facility that’s due to mature next year. The $620...
A French intelligence website has revealed the secrets of Crown Prince Mohammed bin Salman’s restructuring of influential families in the Kingdom to enhance his powers and his complete exclusivity in governance. Determined as ever to seal his...
Bloomberg News Agency revealed that the Saudi Public Investment Fund is in talks with Singapore’s GIC Pte Ltd to jointly fund up to 800 billion won ($591 million) for Kakao Entertainment Corp’s initial public offering due next year. According to the...
Bloomberg News Agency revealed that the Saudi Public Investment Fund is in talks with Singapore’s GIC Pte Ltd to jointly fund up to 800 billion won ($591 million) for Kakao Entertainment Corp’s initial public offering due next year. According to the...
Saudi Crown Prince Mohammed bin Salman’s dream of a new Saudi reality is just getting weirder. Instead of improving his people’s living situation, MBS continues to spend billions of dollars hosting major entertainment, cultural, and...
Saudi Arabian real estate developer Dar Al Arkan signed an agreement with former US President Donald Trump’s company to use the Trump Brand for its $4 billion project in the Gulf state of Oman that includes a golf course, hotel and villas...
The Associated Press quoted in a new report some observers as saying that Saudi Crown Prince Mohammed bin Salman (MBS) hopes the city will become a skyline-studded Saudi version of Dubai that will offer the kingdom jobs and cement a future beyond...
Saudi Arabia recorded second-quarter foreign direct investment (FDI) flows down 85% year-on-year, a Reuters report revealed Thursday. The FDI inflows were at 7.9 billion riyals ($2.1 billion) in the second quarter, compared with about 51.9 billion...
The New York Times and CNN revealed a series of documents confirming Saudi Crown Prince Mohammed bin Salman’s lavish spending at Donald Trump’s Washington hotel during periods when he was seeking to influence the Trump administration...