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On 11 August 2024, the Kingdom of Saudi Arabia issued a new investment law (Law), pursuant to Royal Decree No. (M/19). The Law will take effect on or about 7 February 2025.
Saudi Arabia promised to invest $600 billion in the U.S. during President Donald Trump’s trip there.But the kingdom is currently running a deficit, and boosting its spending to promised levels ...
Mr. Trump also visited Saudi Arabia before any other nation during his first term in the White House, bucking the tradition for U.S. presidents to make their first foreign trip to the United Kingdom.
Saudi Arabia has redefined itself not as a buyer of influence, but as a builder of partnerships. Stability in the Middle East is not a partisan goal; it is a bipartisan imperative.
U.S.-Saudi cooperation in building reactors for nuclear power plants in the kingdom could shut the Chinese and Russians out of what could be a high-dollar partnership for the American nuclear ...
On May 3rd Saudi Arabia told OPEC it would no longer underwrite such cheating, and would instead open the taps to regain its market share. The price of Brent crude duly slumped to around $60 a barrel.
The first Memorandum of Understanding, valued at $9 billion, was signed with Grand Mines Mining LLC to launch a new Mining Investment and Operations Company headquartered in Saudi Arabia. This ...
RONN Inc. Secures and Signs Joint Venture in the Kingdom of Saudi Arabia With Expected 90/10 Financial Terms as Phase 2 of Middle East Expansion Provided by Accesswire Apr 16, 2025, 12:45:00 PM ...
Tesla will start sales in Saudi Arabia next month, the electric carmaker said on its website, signaling CEO Elon Musk and the kingdom have healed a rift that dates back to the billionaire's short ...
RIYADH, Saudi Arabia, April 24, 2025. RIYADH, Saudi Arabia, April 24, 2025 /PRNewswire/ -- The Kingdom of Saudi Arabia is set to host the landmark "Hydrogen Arabia" event on 8-9 December 2025 at ...
A Connecticut university president has traveled to Saudi Arabia to talk about economic ties and more, according to the university. University of New Haven President Jens Frederiksen was invited to ...