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Economy Middle East Summit
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Saudi Arabia
Economy
Davos 2023 witnesses remarkable Saudi presence, bold on the future
Implementing steps crucial to exit crisis with minimal losses
Economy
Davos: Saudi transformation ‘a beacon of optimism’
Kingdom “becoming a bright spot for the world economy”
Economy
Saudi’s $20bn Formula One bid still possible, despite stalemate late 2022
Global racing, soccer events in crosshairs
Miscellaneous
Ronaldo vs. Messi in Saudi: A historic last dance?
PSG was paid USD10 mn for the one-off
Economy
Saudi open to diversify away from greenback
China has called for Saudi Arabia to price oil sales in yuan
Real Estate
Gigaproject construction progress good for Saudi FDI ambitions
Mega schemes will accelerate Riyadh’s non-oil investor friendliness
Economy
Saudi Crown Prince launches Events Investment Fund
To support developments in culture, tourism, entertainment, sports
Saudi Arabia
stc is most valuable telecom brand in the Middle East
A value of $12.3 billion, according to Brand Finance
Energy
PIF, Ma’aden agree to establish new USD50 million company
To invest in global mining assets
Banking & Finance
Korean anime giant Kakako wins USD 966 mn from Saudi’s PIF
Funding will be used to fuel international expansion
Miscellaneous
Saudi’s Al Hilal plotting a USD 300 mn deal for Messi
Messi could surpass Ronaldo as the highest-paid player in the world
Saudi Arabia
Saudi Arabia amends citizenship law
Children of Saudi women who are married to expats can now apply for citizenship
Miscellaneous
Will Saudi acquire WWE for USD6.3 bn?
Contract between Saudi and WWE is valued at USD 1 bn
Energy
Saudi to award nuclear reactor contracts ‘very soon’
Phase one involves construction of two large commercial nuclear reactors
Hospitality & Tourism
$50 billion Saudi Diriyah project will be PIF’s 5th giga project
As part of the leadership’s efforts to enhance Saudi’s cultural identity
Economy
Saudi allows some companies to operate without local HQ
Operations of foreign companies should not exceed SAR 1 million
Miscellaneous
Cristiano Ronaldo’s first Saudi residence
Following his move to Saudi's Al-Nassr FC
Miscellaneous
Ronaldo unveiled to 25,000 crowd in Saudi
Following his signing for Al Nassr club
Economy
Has Saudi strengthened its 2030 World Cup bid with Ronaldo signing?
$75 million per year contract with Al Nassr football club.
Saudi Arabia
stc pay Appoints Nizar Abdulaziz Altwaijri as CEO
One of the distinguished experts in the Kingdom’s banking sector
Banking & Finance
Saudi’s Jadwa Investment plans $532 mn in deals
It sold its 30% stake in Luberef
Energy
Saudi, Japan sign agreements to enhance cooperation in energy sector
Focus on the circular carbon economy and carbon recycling
Economy
Schneider Electric’s new program creates technical jobs for Saudi graduates
Majority are women
Miscellaneous
Cristiano Ronaldo likely to sign for Saudi’s Al-Nassr FC
If the deal goes through, the contract could be valued at $207 mn
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