Saudi Arabia Financial News

13.12 / 18:25

Citi Booking Sustainability FIFA Experts country Sporting Saudi Arabia's plans to host 2034 World Cup will harm the climate: Experts

Saudi Arabia says that to host the 2034 World Cup in men’s soccer, it will build or renovate 15 stadiums, create a futuristic city and expand airports and public transport in a massive buildout to accommodate millions of athletes, coaches and spectators

13.12 / 17:01

UPS Aviat pandemic travelers rights Interviews Heathrow airport investors including Quebec's Caisse de dépôt sell down their holdings

A handful of investors — including Spain’s Ferrovial SE and Canada’s Caisse de dépôt et placement du Québec — have sold down their holdings in the company that controls London’s Heathrow Airport in a transaction valued at £3.3 billion.

12.12 / 20:59

markets Software FIFA stage country rights Has FIFA rigged voting system to award Saudi Arabia with 2034 World Cup host?

On Wednesday, soccer's governing body delivered Saudi Arabia the biggest prize of all: the men's World Cup in 2034. No other competition on the planet attracts as many eyeballs as the century-old quadrennial, a national team competition that thrusts host nations into center stage in a way only the Summer Olympics can match.

12.12 / 13:21

markets Strategy Research Experts country Department Updates US makes H-1B visa, Green Card pathways easier for international students on J-1 visa

US Department of State has announced a significant update to the Exchange Visitor Skills List, effective December 9, 2024, eliminating the two-year home residency requirement for J-1 visa holders from 34 additional countries, including India, China, South Korea, Saudi Arabia, and the UAE. However, the update does not apply to J-1 holders bound by government funding or participation in graduate medical education programs, which continue to have restrictions. This marks the first major revision of the list in 15 years and aims to enhance opportunities for global talent retention in the United States.

11.12 / 23:57

Waters Action community wellness reports Courts rights Arizona AG sues Saudi firm over 'excessive' groundwater pumping, saying it's a public nuisance

Arizona Attorney General Kris Mayes says she is suing a Saudi Arabian agribusiness over what she calls “excessive pumping” of groundwater

11.12 / 16:07

UPS War Golf Justice stars Department Sporting The PGA Tour and LIV’s Saudi backers have a deal—but there’s one holdup

Subscribe to enjoy similar stories. When the PGA Tour announced a stunning alliance with the Saudi backers of LIV Golf that it had spent months battling on and off the course, the plan was for the two sides to have a final agreement by the end of the year. That is, the end of last year.

11.12 / 13:29

markets Digital Action security Software PAM What is Israel up to in Syria? Its tanks are just 24 kilometres southwest of Damascus

11.12 / 09:03

Blockchain Digital economy Trade International De-dollarization debate: The US-led West should rethink its dollar diplomacy

Subscribe to enjoy similar stories. Amid the recent maelstrom of political news was an important development for the future of technology-enabled public money.

09.12 / 13:11

Remark wellness Golf Monarchy reports International Trump Organization leases brand to 2 new projects in Saudi Arabia

The Trump Organization says it has leased its brand to two new real estate projects in Saudi Arabia just weeks before President-elect Donald Trump returns to the White House

09.12 / 12:13

markets Digital Software Experts country reports Videos Indian workers lead Global South in adapting to AI, tech revolution: Report

The report highlights the dynamic nature of India's job market, where artificial intelligence, machine learning, and automation are becoming integral. «While global trust in governments to support upskilling remains low at 20 per cent, Indian respondents (31 per cent) and those in Saudi Arabia (35 per cent) demonstrated significantly higher confidence in their governments.

09.12 / 05:35

markets Citi Software President Experts country India's luxury property market is a boon to Trump's business

Trump started his first campaign for the presidency, two Trump-branded buildings were going up in India, one in the financial capital of Mumbai and the other nearby in Pune. Before he won in 2016, the Trump Organization expanded its business in India, signing deals in two more big cities. The day after Trump's victory in November, a developer in India told local media about half a dozen new deals. Like the others, Indian companies buy the land, build the high-rises, sell the units and pay a fee to use the Trump name. These deals are putting India even more squarely in the Trump Organization's sights. And with Trump on his way back to the White House, the country is emerging as center stage for potential conflicts of interest.

09.12 / 03:31

markets Digital Strategy Software Experts 2024 will be the hottest year on record, EU scientists say

European Union scientists said on Monday. The data from the EU's Copernicus Climate Change Service (C3S) comes two weeks after U.N. climate talks yielded a $300-billion deal to tackle climate change, a package poorer countries blasted as insufficient to cover the soaring cost of climate-related disasters. C3S said data from January to November had confirmed 2024 is now certain to be the hottest year on record, and the first in which average global temperatures exceed 1.5 degrees Celsius (2.7 degrees Fahrenheit) above the 1850-1900 pre-industrial period.

09.12 / 02:09

markets Waves Analysis Trade President Experts War Oil prices mixed as rising Mideast tensions offset demand concerns

Oil prices were mixed in early Asia trade on Monday as concerns over weak Chinese demand were offset by rising tensions in the Middle East following the rebel overthrow of Syrian President Bashar al-Assad. Brent crude futures fell by 1 cent to $71.11 per barrel by 1117 GMT. U.S. West Texas Intermediate crude futures rose by 1 cent to $67.21 per barrel.

08.12 / 03:59

Citi Reuters President War country reports Syria Civil War Live Updates: Assad ‘flees’ Damascus as rebels enter capital, open gates of notorious Sednaya jail

Catch LIVE updates of Syrian Crisis with MintSyria War Live: X account ‘War Monitor’ hailed ‘first day in the next era of the Levant’ after rpeorts of Assad fleeing and his decade long regime falling into the hands of rebels emerged. Syria War Live: Syrian rebels say it is prohibited to go near public institutions that will remain under the supervision of the ‘former PM’, reports War MonitorSyria War Live: People celebrate in joy as military informs that the Assad regime has felled.

07.12 / 10:35

markets Digital Fighting Strategy Software Netflix Schools Mike Tyson sued for $1.6 million over alleged deal break ahead of Jake Paul fight. Details inside

The lawsuit, filed in October, states Mike Tyson Tyson terminated the deal in March – the same day his fight with Paul was announced – because Medier breached their agreement. ALSO READ: Milaf Cola: Saudi Arabia launches world’s first date-based soft drink. Is it a threat to Coca Cola and Pepsi?

07.12 / 08:29

UPS Football Adidas President Celebrity show Brazil extends Nike kit deal to 2038 and it's worth $100 million per year, AP source says

Brazil soccer has extended its kit deal with Nike by 12 years to 2038

06.12 / 10:19

Citi Fighting War country What to know about the civil war in Syria

Subscribe to enjoy similar stories. Islamist rebels launched a large-scale attack on Syrian government forces, causing the largest shift in the balance of power since 2020 in Syria, where more than a decade of war has taken place. Battling Iran- and Russian-backed regime forces, the rebels in a lightning offensive captured Aleppo, which was Syria’s largest city before the war, and then advanced south to the strategic and symbolically important city of Hama.

06.12 / 06:49

cryptocurrency market cryptocurrency regulations 000 bitcoin market cap Bitcoin hits $2 trillion market cap, now bigger than Tesla, Facebook and Saudi Aramco

As of Thursday, December 5, Bitcoin's market cap surged 6.2% in the past 24 hours, reaching $2.03 trillion, according to data available on CoinMarketCap.

05.12 / 13:25

Provident FIVE Merit security awards social information India awarded for social security good practices at Asia-Pacific forum in Saudi

The Employees' Provident Fund Organization (EPFO) received five certificates of merit for communication channels, E-proceedings: A case on use of information and communication technology in justice delivery, district outreach programme (Nidhi Aapke Nikat), multilingual call centres, and Prayaas — an initiative of handing over pension payment orders (PPO) to retiring members of the Employees' Pension Scheme, 1995 on the day of retirement itself. The awards were received by Ashok Kumar Singh, DG, ESIC, on behalf of EPFO.

05.12 / 12:41

UPS economy wellness Trade country International OPEC+ oil alliance faces stagnant prices for crude while US drivers enjoy cheaper gasoline

The OPEC+ alliance of oil exporting countries is deciding on whether to produce more crude as members face sluggish demand and competing production from non-allied countries, factors that could keep oil prices stagnant into next year

04.12 / 13:37

markets Fighting Strategy economy President War country Saudi Arabia is losing its iron grip on global oil markets

Subscribe to enjoy similar stories. Saudi Arabia’s sway over the Organization of the Petroleum Exporting Countries long meant unquestioned dominance of the global oil market. Those days are over, at least for now.

what's happening in Saudi Arabia

What is the current situation in Saudi Arabia?

In Saudi Arabia, the spotlight is on local government initiatives that affect the region’s daily life.

Where can I find reliable news about Saudi Arabia?

We publish reliable reports about the situation in Saudi Arabia, based on information from official representatives.

What shapes the media agenda in Saudi Arabia?

The news landscape of Saudi Arabia is shaped by major cultural and social events, reflecting its unique context.