Tag: Saudi Arabia

The dual IPO of Americana is one for the ages. The Saudi/UAE operator of Pizza Hut and KFC chains in Abu Dhabi and Riyadh have gone public, a groundbreaking first, which garnered $1.8 billion USD for Saudi Arabia's national wealth fund and Dubai tycoon Mohamed Alabbar. According to a press...

Chinese President Xi Jinping is expected to visit Saudi Arabia by the end of this year as the world’s top oil importer and the top oil exporter strengthen energy and strategic ties while U.S.-Saudi relations are at a historically low level. China’s Xi is set to meet with Saudi Arabia’s...

According to a post on the blog of the international Arabic news station Al Arabiya on Thursday, a Telegram account linked to Iran had posted a video reportedly depicting a mock attack on Saudi Arabia. As per Al Arabiya, the video depicts a simulated drone strike on Saudi Aramco's oil installations...

Freedom Initiative, a group that fights for human rights in Saudi Arabia, said this week that US President Joe Biden does not care about Saudi oppression after an activist was given 34 years in prison for tweeting about the fundamentalist monarchy's treatment of women. Salma al-Shehab, a 34-year-old Saudi mother of...

Saudi Arabia’s Neom city is facing billions of dollars of cost overruns to date, with barely anything built to show for it. Neom is the brainchild of Crown Prince Mohammad Bin Salman(MBS), who has pledged to invest 500 Billion dollars into the city. Announced in 2017, the project wants...

During a visit to Saudi Arabia on Friday, U.S President Joe Biden met and notably fist bumped the Saudi Crown Prince Mohammed bin Salman, also known as MbS. At the Al-Salam Royal Palace Biden held meetings with with bin Salman and his father, Saudi Arabia's King Salman. While running...