Read the latest news from regional and global sources, presenting different voices and perspectives.
Saudi Port of NEOM Halves Transit Time by over 50% via Regional Trade Corridor
Asharq Al-Awsat
·
July 29, 2025
Saudi Arabia is setting the foundation for a sovereign and integrated space economy, according to Martjin Blanken, CEO of Neo Space Group (NSG), a company backed by the Public Investment Fund (PIF). In an interview with Asharq Al-Awsat, Blanken...
Saudi Arabia and UAE rank among top 20 AI talent hubs globally
ETHRWorld EMEA
·
July 30, 2025
Saudi Arabia and the UAE have emerged among the world’s top 20 countries by AI talent density, highlighting their growing appeal as global AI workforce hubs. According to the Global AI Competitiveness Index, published by the International Finance...
Saudi, British FMs Discuss Palestinian Statehood, Gaza Aid
Asharq Al-Awsat
·
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah held talks with British Secretary of State for Foreign, Commonwealth and Development Affairs David Lammy at the headquarters of the Kingdom’s permanent mission to the United...
Saudi, Palestinian FMs Sign Several Memoranda of Understanding
Asharq Al-Awsat
·
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah held talks with Palestinian Prime Minister Dr. Mohammad Mustafa at the headquarters of the Kingdom's Permanent Mission to the United Nations in New York on Tuesday. The...
Saudi Economic Council Reviews Progress in Vision 2030 Implementation
Asharq Al-Awsat
·
July 30, 2025
The Saudi Council of Economic and Development Affairs (CEDA) held a virtual meeting to evaluate the Kingdom’s economic performance and monitor the progress of programs driving the country’s ambitious Vision 2030 strategy. The meeting began with a...
Saudi’s Sinad Holding buys 6.67mln shares of Dar Al Majed as cornerstone investor
Zawya
·
Saudi Arabia’s Sinad Holding Co. has committed to subscribe as a cornerstone investor for 6.67 million shares in the IPO of Dar Al Majed Real Estate Co. (AlMajdiah). The share purchase represents around 2.22% of Al Majdiah’s capital, Sinad said....
Saudi industrial investments set to generate over 3,000 jobs
ETHRWorld EMEA
·
July 30, 2025
Saudi Arabia issued 83 new industrial licences in June 2025, attracting over SAR950 million ($253M) in investment and creating 1,188 jobs. Additionally, 58 new factories began operations, expected to generate 2,007 jobs with SAR1.9 billion...
Saudi Arabia Welcomes UK's Intention to Recognize Palestinian State
Asharq Al-Awsat
·
Saudi Arabia welcomed on Tuesday the UK’s announcement that it intends to recognize the State of Palestine and its support for the two-state solution. A Foreign Ministry statement said the Kingdom “reiterates its call upon the international...
Financial literacy crucial for youth spending and saving habits
The Sun Daily
·
July 30, 2025
KUALA LUMPUR: The mindset of “getting a salary, spend” should be replaced with “getting a salary, building finances”, particularly among youths, to help foster a financially literate society and ensure a more secure future. Financial experts have...
Saudi Arabia, France seek support for declaration on two-state solution between Israel and Palestinians
Times LIVE
·
“After the ceasefire, a transitional administrative committee must be immediately established to operate in Gaza under the umbrella of the Palestinian Authority,” it reads. The Palestinian Authority exercises limited self-rule in the West Bank...
Saudi Cement’s plan to acquire Umm Al Qura shares put on hold
Zawya
·
Saudi Arabia’s City Cement Company is putting on hold its plans to acquire 100% of the shares held by Umm Al Qura Cement Company (UACC) via a share swap arrangement. The manufacturer confirmed on Tuesday that the Capital Market Authority (CMA) did...
Daniel Hensel on 4most’s growing footprint in the region’s financial services landscape
Consultancy-me.com
·
July 30, 2025
A partner at 4most, Daniel Hensel supports some of the firm’s most important clients in the GCC region, bringing over two decades of expertise in regulatory consulting and risk management. We sat down with Daniel to find out more about 4most’s...
PwC elects Middle East chairman Riyadh Al Najjar to Global Board
Consultancy-me.com
·
July 30, 2025
One of the world’s largest professional services firms in the world, PwC, has appointed the Saudi national Riyadh Al Najjar to its Global Board. The Global Board of PwC plays a key role in shaping the firm’s strategic direction, providing guidance...
Saudia’s AlFursan introduces “Cash + Miles” payment option for loyalty programme...
News Hub Asia
·
July 29, 2025
AlFursan, Saudia’s loyalty programme, has announced the launch of ‘Cash + Miles’, a new payment option that allows members to split their ticket cost by paying part with AlFursan Miles and the rest with cash. The feature is now available as a new...
Baker Tilly rapidly rebuilds UAE business with firm from rival network
Consultancy-me.com
·
July 30, 2025
Following the recent departure of its member firm, Baker Tilly has rapidly rebuilt its business in the UAE with the arrival of the former Crowe member firm. In June, JFC Group – one of the larger member firms in Baker Tilly’s network in the Middle...
UAE and Saudi Arabia break into global top 20 for AI talent, surpassing Italy and Russia
The Times of India
·
Saudi Arabia and UAE climb global AI charts with strong talent growth/ Representative Image TL;DR The UAE and Saudi Arabia now rank in the top 20 countries for AI talent, ahead of Italy and Russia. Saudi Arabia is offering world-leading AI...
Moneygram Enhances Cross-Border Payments With New Saudi Deal
MENAFN
·
July 30, 2025
(MENAFN- The Arabian Post) Arabian Post Staff -Dubai MoneyGram, a global leader in digital payments, has announced the resumption of its money transfer services through a newly reinvigorated partnership with Bank AlJazira, one of Saudi Arabia's...
Koelnmesse Achieves Record Growth and Expands Global Trade Fair Presence
FTN News
·
July 30, 2025
Koelnmesse closed 2024 with a year of exceptional performance, reporting strong financial growth and an expanding international footprint. In a year defined by global economic challenges, the trade fair giant demonstrated its resilience and...
The Only German Think Tank for Economic Diplomacy — An Interview with Michael Schumann and Urs Unkauf
Hungarian Conservative
·
July 30, 2025
In an era marked by shifting geopolitical landscapes, Europe’s economies face growing structural pressures. Amidst stagnation, disrupted supply chains, and intensified global competition, Germany, in particular, is being forced to reassess how it...
IMF Raises Saudi Arabia’s Growth Forecast to 3.6% for 2025
Asharq Al-Awsat
·
July 30, 2025
The International Monetary Fund (IMF) has revised upward its forecast for Saudi Arabia’s economic growth in 2025 and 2026, citing expected increases in oil revenues and accelerating growth in non-oil sectors. The update places the Kingdom among...