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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Saudi Arabia
Hospitality & Tourism
flynas launches electronic service for issuing stopover visa for passengers
Validity extends to 3 month
Saudi Arabia
Saudi running tests on CBDC
With local banks, fintechs
Real Estate
Saudi, South Korea partner to construct modular homes in Kingdom
And to explore developing innovative technologies in real estate sector
Economy
Saudi estimates needing $12 billion in financing this year
About two-thirds less than what I borrowed last year
Saudi Arabia
Saudi Arabia bets big on the industrial metaverse
But what is it?
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.
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