Vision 2030

RICHARD A. BROOKS/AFP via Getty Images

Saudi PIF eyes $27B Japan portfolio as kingdom courts Asian investment

Saudi Arabia is strengthening economic ties with Asian countries as it pursues its economic transformation goals.

In Bristol, reporting on regional business, climate change, AI, tech

A man monitors the board at the Stock Exchange Market (Tadawul) bourse in Riyadh, Dec. 12, 2019.

Saudi Arabia opens Nomu Parallel Market to new investors: What to know

Easing investing rules and deepening capital markets to diversify the Saudi economy are key to fulfilling Vision 2030.

A model of IBM Quantum shows the three chandeliers that would be a part of the System Two installation, the System One comprises of one such chandelier, seen during the inauguration of Europe's first IBM Quantum Data Center, on Oct. 1, 2024, in Ehningen, Germany.

Saudi Arabia deploys region’s first industrial quantum computer: What to know

The announcement significantly boosts Saudi Arabia’s Vision 2030 strategy to diversify the economy away from oil by the end of the decade.

A view of Al Majdoul, a skyscraper in Riyadh, Aug. 1, 2023.

Feature

Saudi Arabia leans on AI for real estate growth as gigaprojects slow

The kingdom is increasingly announcing projects merging AI and real estate to cut costs while building smarter, data-driven, and more sustainable infrastructure.

In Bristol, reporting on regional business, climate change, AI, tech

Latest News

Interview

Saudi foreign ownership property law won't overheat market, says Dar Global CEO

Justin Setterfield/Getty Images

Ziad El Chaar

CEO of Dar Global

Culture

YouTuber MrBeast brings pop-up theme park to Saudi Arabia

FAYEZ NURELDINE/AFP via Getty Images

Oil prices fall for 3rd straight month as Saudi-led OPEC+ weighs more cuts

Ezra Acayan/Getty Images

Billion-dollar AI, clean energy deals headline Saudi 'Davos in the Desert'

FAYEZ NURELDINE/AFP via Getty Images

A Delta Air Lines Airbus A220 airplane prepares to takeoff at Ronald Reagan Washington National Airport in Arlington, Virginia, on July 10, 2025.

Delta to launch first direct US-Saudi flight as business ties deepen

Beginning in October 2026, Delta will fly from its Atlanta hub to the Saudi capital three times a week on an Airbus A350-900 — a route that will span more than 7,000 miles.

Former Uber CEO Travis Kalanick leaves the Phillip Burton Federal Building on day three of the trial between Waymo and Uber Technologies on February 7, 2018 in San Francisco, California.

Saudi Arabia grants citizenship to Uber co-founder, Red Sea Global CEO

Uber co-founder Travis Kalanick and Red Sea Global CEO John Pagano have been granted Saudi citizenship.

Ziad El Chaar, Dar Global's chief executive officer. — Dar Global

Interview

Dar Global hints at Trump real estate deals in Saudi Arabia’s gigaprojects

The Dubai-headquartered real estate company has worked with the Trump Organization on luxury property developments across the Gulf.

Ziad El Chaar

Chief Executive Officer, Dar Global

PAUL ELLIS/AFP via Getty Images

Blackstone, Abu Dhabi's Lunate set up $5B GCC logistics investment platform

The new platform will capitalize on the growing logistics sector in the Gulf.

United Arab Emirates

A Riyadh Metro train makes its way along a track in the middle of a road in Riyadh on December 3, 2024.

What’s next for Saudi Arabia’s budget balancing act as deficit doubles?

The Gulf state now expects a deficit of $65.3 billion in 2025 — more than double the initial forecast — as the kingdom continues heavy spending amid weak oil prices.

The Saudi delegation meets with Vietnamese officials in Hanoi, Sept. 29, 2025.

After China, Saudi industry minister visits Vietnam in eastward economic push

Saudi Arabia’s Minister of Industry and Mineral Resources Bandar Alkhorayef met with a number of Vietnamese officials on Monday as the oil-rich Gulf kingdom looks east to diversify its economic alliances.

EA office building in Austin, Texas, USA.

Gaming giant Electronic Arts taken private in $55B Saudi-backed buyout

The transaction represents a significant deal involving entities close to the Saudi Arabian and US governments.

FAYEZ NURELDINE/AFP via Getty Images

Saudi Arabia courts Chinese firms in mining investment drive

Mining and Industry Minister Bandar Alkhorayef met with executives from more than 20 mining firms in Beijing on Thursday.

Pictured is the entrance to King Abdullah Economic City in Jeddah, on Feb. 3, 2009.

Analysis

OECD forecasts 3.7% growth for Saudi Arabia, citing US tariff shield

The kingdom is projected to grow at 3.7% this year, 1.9 percentage points more than forecasted in June.

In Bristol, reporting on regional business, climate change, AI, tech

Kuwaiti traders follow the stock market activity at Boursa Kuwait, in Kuwait City on April 7, 2025.

Middle East debt issuance near $200B record amid September borrowing surge

A borrowing boom driven by Saudi Arabia and Turkey arrives amid a broader wave of issuances in 2025, underlining the Middle East’s status as one of the busiest and most resilient players in international debt markets.

The Public Investment Fund is present during the BNP Paribas Open at Indian Wells Tennis Garden on March 13, 2024, in Indian Wells, California.

Saudi Arabia's PIF buys $2B majority stake in entertainment giant MBC

The deal highlights the PIF’s continued expansion into the regional media and entertainment sector in accordance with Saudi Arabia's Vision 2030 agenda.

Google Pay, China’s Alipay+ launch in Saudi Arabia amid cashless push

Both payment platforms will use mada, the kingdom’s national payment system.

In Bristol, reporting on regional business, climate change, AI, tech