Saudi Arabia
HALLIGAN: Trump's tariffs are either madness or genius – it could go either way
Donald Trump has referred to tariffs as “the most beautiful word in the dictionary”. And now the US President has unleashed the most aggressive surge in American trade protectionism in almost a century.
BMI: New US tariffs set to reshape economic landscape across Middle East
The recently announced US tariffs threaten to redefine economic trajectories across the Middle East and North Africa region, with varying impacts likely across oil exporters and importers.
US imposes 17% tariffs on Israeli goods while Iran faces only 10%
US President Donald Trump announced a comprehensive new trade policy on April 2 that reveals a striking disparity in tariff rates between Israel and Iran.
Saudi Arabia begins work on $140bn 'Hidden Marina' as part of NEOM megaproject
Saudi Arabia has started construction on the "Hidden Marina", a key component of its $1.22 trillion NEOM desert megaproject.
Saudi national afforestation programme to launch digital monitoring platform
Saudi Arabia's National Afforestation Programme will soon launch an electronic platform to monitor projects interactively and provide accurate, real-time reports to officials and stakeholders.
Elon Musk's Tesla turns to Saudi Arabia amid collapsing sales
US electric vehicle manufacturer Tesla Inc. will enter the Saudi Arabian market in early April 2025
US Trump administration considering relocating Gaza residents to Syria
US President Donald Trump is exploring the possibility of relocating Palestinians from Gaza to Syria
Arab League and UN condemns brutal Israeli airstrikes on Gaza
The Arab League's Ahmed Aboul Gheit has hit out at Israeli strikes on Gaza on March 18 in a sign of collapsing relations between the two sides.
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Red Sea tensions escalate as US and Houthis launch attacks
The US and Yemen’s Houthi rebels have launched fresh attacks amid growing concerns over the safety of Red Sea shipping routes.
Saudi Arabia’s first “AI employee” goes online, saving 10,000 man-hours
Saudi Arabia has launched the first "digital employee" in the Kingdom, saving 10,000 man-hours in local employees' work.
Rome doubles down on economic expansion with €3bn investment in Saudi Arabia
The Saudi Public Investment Fund has signed a memorandum of understanding with the Italian Export Credit Agency (SACE) aimed at enhancing Italian companies' operations in Saudi Arabia.
Cristiano Ronaldo misses Iran match amid conflicting reports on reasons
Cristiano Ronaldo has been excluded from Al-Nassr's squad for their AFC Champions League round of 16 match against Esteghlal Tehran in Iran
Brazil hosts first BRICS Sherpas meeting with expanded membership
Brasilia hosted the first BRICS Sherpas meeting under the Brazilian Presidency on February 24-25, bringing together representatives from all 11 member countries at the Itamaraty Palace.
Saudi philanthropic foundation launches AI platform to track global climate change
Alwaleed Philanthropies has unveiled Atlai 2.0, an advanced AI-powered platform designed to transform climate change monitoring.
Russia considers ceding its frozen $300bn CBR money as part of a ceasefire deal
Russia is considering the use of $300bn in frozen assets held in Europe to help rebuild Ukraine, but insists part of the money be used to rebuild the Ukrainian territories under its control, Reuters reports.
White House offers a revised mineral deal, but US-Ukraine relations still in limbo
The White House has offered Ukrainian President Volodymyr Zelenskiy a revised version of its deal to exploit rare earth minerals that Kyiv rejected last week because the terms were too harsh.
Saudi Arabia launches new official riyal symbol
Saudi Arabia unveiled a new currency symbol for its riyal on February 20, marking a historic move to strengthen the national currency's identity.
Zelenskiy, Trump take verbal swipes at each other as relations between Washington and Kyiv nosedive
Ukrainian President Volodymyr Zelenskiy launched a scathing attack on Donald Trump, accusing the US president of being trapped in a “disinformation bubble” over the war in Ukraine.
Trump’s mineral deal for Ukraine “worse than Versailles”, reports The Daily Telegraph
President Volodymyr Zelenskiy ordered his staff not to sign the proposed deal that would hand the US control over Ukraine's raw materials and key infrastructure.
Zelenskiy freezes US minerals deal, reaches out to Arab nations
Ukrainian President Volodymyr Zelenskiy has frozen a proposed concession to mine Ukraine’s considerable mineral resources after the US side offered little in return and is travelling in the Middle East to look for new partners.