- February 18th, 2025
Kingdom Holding Company (KHC), the Saudi Arabian investment powerhouse helmed by Prince Alwaleed bin Talal, has expressed interest in joining forces with potential buyers of TikTok, the globally popular social media platform. KHC's CEO, Talal Ibrahim al-Maiman, revealed in an...
The South Korean-made K239 Chunmoo Multiple Rocket Launcher System (MRLS) has been observed in Saudi Arabia for the first time. This revelation comes from images shared by South Korean defense observer @mason_8718 on the social media platform X (formerly Twitter)....
On November 19, during the G20 Summit in Rio de Janeiro, leaders from Japan, the United Kingdom, and Italy convened to discuss broadening the scope of the Global Combat Air Program (GCAP). The ambitious initiative, launched in 2022, aims to...
Saudi Minister of Defense, Prince Khalid bin Salman bin Abdulaziz, welcomed British Secretary of State for Defense, John Healey, to Riyadh on Thursday. The high-level discussions revolved around the Saudi-British strategic partnership, emphasizing the enhancement of defense cooperation and collaborative...
Saudi Arabia's Minister of Foreign Affairs, Prince Faisal bin Farhan bin Abdullah, and India’s Minister of External Affairs, Dr. Subrahmanyam Jaishankar, engaged in high-level discussions on Wednesday in New Delhi, addressing the strengthening of bilateral ties between their nations and...
Saudi Arabia's ongoing efforts to transform itself into a top-tier tourism destination received a significant boost through recent advancements in the Red Sea and Amaala projects. Spearheaded by Red Sea Global, a company wholly owned by the Saudi Public Investment...
Saudi Arabia’s real estate sector is booming, with the second annual Cityscape Global 2024 setting the stage for groundbreaking deals, signaling transformative growth and heightened international interest. Held at the Riyadh Exhibition and Convention Center, the world’s largest real estate...
The Middle East’s leading broadcaster, MBC Group, saw a remarkable surge of 10% in its stock price on the Saudi Exchange after it was announced that the Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, will purchase a majority...
In a move signaling Saudi Arabia’s accelerating drive towards agricultural self-sufficiency, the Saudi Agricultural & Livestock Investment Co. (Salic) is closing in on a deal to acquire full control of Olam Agri Holdings. The transaction, valued at approximately $4 billion,...
Saudi Arabia and Spain have officially signed an agreement for the construction of three state-of-the-art multi-mission corvette ships, designed to enhance the operational capacities of the Royal Saudi Naval Forces (RSNF). The agreement was formalized in Madrid by Lieutenant General...
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