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You Searched For "Saudi Arabia" and got 20 results


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4 mins read

Saudi Arabia is seeking billions in Chinese investment for Neom. But it comes with a massive risk.

Saudi Arabia is brokering closer ties with China. But the alliance is of growing concern to Saudi's…

Tom Porter   


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4 mins read

Heatwaves in Hajj: Here’s all about the devastating episode that killed nearly 1000 pilgrims in Saudi Arabia

The latest climate atrocity has befallen the holy city of Mecca in Saudi Arabia, where blistering h…

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5 mins read

Saudi Arabia's Neom dreams are starting to crack under financial pressure

The kingdom has struggled to attract the levels of foreign investment it needs to fully realize its…

Beatrice Nolan   


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1 min read

MBS might be ready for some 'tough conversations' about 'recalibrating' Saudi Arabia's Neom and Vision 2030 projects

Saudi Arabia's Crown Prince may be open to discussing whether some Vision 2030 projects should be d…

Beatrice Nolan   


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3 mins read

Saudi Arabia needs peace in the Middle East for its $500 billion Neom megaproject to succeed

Saudi Arabia has high hopes for its Vision 2030 projects such as Neom, but their long-term prospect…

Beatrice Nolan   


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2 mins read

The first life forms on Earth might have come from Saudi Arabia, scientists find new proof

Scientists have unearthed living stromatolites — ancient geological structures made from algae — on…

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5 mins read

Saudi Arabia looking to China for a lifeline for its futuristic city could mean trouble for the US

Saudi Arabia courting Chinese investors for help with its massive, futuristic city could make the …

Dan DeFrancesco   


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1 min read

Saudi Arabia is reportedly trying to plug a $21 billion deficit by selling bonds

Riyadh is pressing ahead with massive spending projects as part of its Vision 2030 economic transfo…

George Glover   


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2 mins read

At $110 billion, Indian diaspora diverted more wealth than any other to its home country in 2022

While this is undoubtedly an impressive figure, it probably comes as no surprise, considering that …

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2 mins read

Upstart Chinese planemaker Comac is in talks with Saudi Arabia as it seeks to disrupt the Boeing-Airbus duopoly

Comac's chair visited Saudi Arabia, per Reuters, as it looks to expand and set the cat among the pi…

Pete Syme   


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2 mins read

Saudi Arabia to raise $12 billion by selling more shares in Saudi Aramco amid Neom struggles

The sale comes amid Saudi Crown Prince Mohammed bin Salman's Vision 2030 plan to diversify the king…

Polly Thompson   


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1 min read

Saudi Arabia snubbed Boeing with a huge Airbus order, the biggest aircraft deal in the country's history

Saudia announced the largest aircraft deal in the kingdom's history. Riyadh Air was reportedly set…

Pete Syme   


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4 mins read

Saudi Arabia is trying to build the largest linear city ever. It's a visionary but flawed concept, urban planners say.

Architects, urban planners, and academics spoke to Business Insider about whether a line really is …

Polly Thompson   


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3 mins read

Saudi Arabia wants big spenders for the first part of its Neom megaproject

The luxury Red Sea island resort of Sindalah is due to open this year. It's aimed at upmarket trave…

Beatrice Nolan   


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1 min read

Saudi Arabia is desperately trying to convince everyone that Neom megaproject is going just fine

Saudi Arabia's economy minister told CNBC there was "no change in scale" for its Neom project.

Beatrice Nolan   


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2 mins read

Elon Musk's xAI says it just raised $6 billion in funding, pulling in big bucks from Sequoia Capital and Saudi Arabia

Musk said in an X post that the AI startup's pre-money valuation was $18 billion.

Kwan Wei Kevin Tan   


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1 min read

Saudi Arabia is desperately trying to woo bankers to pay for its futuristic desert city

Saudi Arabia hopes that bankers will shell out cash once they see the progress on its futuristic de…

Geoff Weiss   


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1 min read

Saudi Arabia's $100 billion AI and semi-chip fund says it will divest from China if the US asks

"US is the number one market, US is the number one partner, and we hope we can partner more deeply,…

Filip De Mott   


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1 min read

Saudi Arabia will 'downscale' some Vision 2030 projects like Neom amid 'challenges,' minister says

Saudi finance minister said the kingdom was pleased with Vision 2030 progress, but would "change co…

Beatrice Nolan   


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1 min read

Saudi Arabia's $500 billion Neom megacity is reportedly seeking new sources of cash

Developers of the Saudi desert megacity are set to issue bonds for the first time, Bloomberg report…

George Glover