Browsing: Arabia

Amid rising costs, Saudi Arabia is scaling back Neom plans to focus on sports venues.Neom’s plans include a stadium for…

By Pesha Magid, Hadeel Al Sayegh and Federico Maccioni RIYADH/DUBAI (Reuters) – Saudi Arabia has scaled back lofty ambitions for…

By Nayera Abdallah and Pesha Magid DUBAI/RIYADH (Reuters) -Nadhmi al-Nasr, the long-time chief executive of the $500 billion NEOM mega-project…

The CEO of Neom, Nadhmi al-Nasr, has stepped down from the role after six years.Saudi Arabia’s ambitious megacity scaled back…

By Yousef Saba, Pesha Magid and Federico Maccioni RIYADH (Reuters) -Saudi Arabia is strengthening its commitment to a plan designed…

Saudi Arabia’s wealth fund has pumped billions into global entertainment, sports, and infrastructure.Now the Kingdom plans to cut its foreign…

Gold prices remained broadly unchanged in Saudi Arabia on Monday, according to data compiled by FXStreet. The price for Gold…

Saudi Arabia cut its growth forecasts and raised its budget deficit estimates for the fiscal years 2024 to 2026, looking…

WTI trades in negative territory for the third consecutive day near $67.00 in Friday’s Asian session.  The prospect of more…

Crude Oil is nosediving, already down over 3.00% on Thursday.   Additional China stimulus outpaced by Saudi Arabia rumors and a…