Saudi Arabia’s falcon auction aims to spin tradition into tourism gold Under Vision 2030, Saudi Arabia is seeking to diversify its economy and cultural tourism. Saudi Arabia
Saudi Arabia’s King Khalid airport sets record with 3.9M passengers in July Air travel is a part of the Vision 2030 plan to diversify the economy, though challenges remain in attracting tourists and catching up to other Gulf airports. Saudi Arabia
Saudi mining licenses soar as kingdom hunts critical metals: What to know The Saudi government has cleared hurdles for the mining industry in its pursuit of critical materials. Saudi Arabia
Saudi Arabia's Diriyah awards Chinese firm $1.53B contract: What to know Saudi Arabia’s Diriyah Company has awarded a major contract to China Harbour Engineering Company for the development of a Vision 2030 project. China
Analysis Elite gamers chase $70M at Saudi Esports World Cup as Riyadh eyes bigger prize By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis Will Trump's push for Gulf investment align with regional economic realities? By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Saudi PIF signs deals worth up to $50B with six Chinese institutions As one of the world’s largest sovereign wealth funds, the $925 billion Saudi PIF is already heavily invested in China. Saudi Arabia
China’s Baosteel ups investment in Saudi steel plate venture to $1B A subsidiary of the world’s largest steelmaker, China Baeowu Steel Group, will have a 50% stake in a major new Saudi-based venture. Saudi Arabia
Saudia inks deal for electric flying taxis from Germany amid airline order spree The agreement to purchase 50 jets, with an option for 50 more, was made with Lilium, headquartered outside Munich. Saudi Arabia
As Boeing struggles, Airbus inks 4-aircraft deal with Saudi Arabia The kingdom ordered four more of Airbus’ A330 Multi Role Tanker Transport aircraft for the Royal Saudi Air Force as Boeing's challenges mount in Gulf over safety issues. Saudi Arabia
Analysis Saudi Arabia's soccer dreams tested as Vision 2030 goal posts move 2023 saw Saudi Arabia take the world of soccer by storm with record-breaking spending on new stars, but those hoping for a repeat performance in 2024 have so far been left disappointed. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Why is Saudi Arabia cutting funding, reducing costs on ambitious projects? Saudi Arabia is reevaluating its financial priorities under Crown Prince Mohammed bin Salman’s ambitious Vision 2030 plan to diversify the nation away from a reliance on oil. Saudi Arabia
Saudi Arabia poised to raise $11.2B in Aramco's second IPO Aramco had set a price range of its shares between 26.7 and 29.0 riyals ($7.12 and $7.73) but said on Friday it ended up pricing them at 27.25 riyals ($7.27). Saudi Arabia
Will Saudi Aramco's massive share sale to raise $12B pay off? Saudi Arabia is selling a 0.64% stake in its state energy company in a bid to offset rising debt and fund its economic diversification plans, but foreign investors remain wary. By Sebastian Castelier In Dubai, reporting on regional business
Le Drian says France keen to help Saudi Arabia transition away from oil France's former top diplomat said that his country was supportive of Saudi Arabia's efforts to diversify its economy. Saudi Arabia
Saudi Arabia sees 477% increase in multinational HQs in first quarter The 127 international companies relocating to Saudi Arabia so far this year follow a Saudi program to attract world businesses. Saudi Arabia
Goldman Sachs first Wall Street bank to get green light for Saudi Arabia HQ The US-headquartered investment bank received a license from the Saudi Ministry of Investment to set up its regional headquarters in the capital, Riyadh. Saudi Arabia
Saudi Arabia 'conservative' on oil revenue as it pares back Vision 2030 plans Mohammed Al-Jaadan warned that being a resource-rich country was a curse as well as a blessing because being dependent on one commodity such as oil can hold a country "hostage" to the volatility of global demand and prices. Saudi Arabia
![CORRECTION / A picture taken in Riyadh shows the sign in Arabic of an Aramco gas station on the outskirts of the Saudi capital Riyadh on November 5, 2024. Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on November 5, 2024, citing low oil prices. (Photo by Fayez Nureldine / AFP) / "The erroneous mention[s] appearing in the metadata of this photo by Fayez Nureldine has been modified in AFP systems in the following manner: changing the second phrase to refer to Saudi](/sites/default/files/styles/large/public/2025-06/GettyImages-2182386773.jpg?h=cf3e9931&itok=vPhlaZPc)
