Top- News zu Saudi-Arabien

 

Evercore Inc. will open an office in Saudi Arabia, becoming the latest investment bank to expand operations in the oil-rich kingdom as it's in the midst of a trillion-dollar economic transformation....

Saudi Arabia Didn't Learn Anything From China's 'Ghost Cities' Authored by Stefan Barti via TheDailyEconomy.org, You can't build a castle on sand, and you can't build a city on assumptions. Saudi Arabia unveiled The Line in January 2021 as a perfect, linear utopia stretching 170 kilometers across the desert. Three years later, the castle is already sinking. When Crown Prince Mohammed bin Salman announced The Line on January 10, 2021, he promised a radical reimagining of urban life. “We need to transform the concept of a conventional city into that of a futuristic one.”  Tucked into the upper corner of the kingdom's Tabuk province, the city would run like a ruler through the Neom region, housing nine million people, the population of Austria, within just 34 square kilometers, all powered by renewable energy. It imagines a world where every need sits within a five-minute walk, yet one can cross the entire city in twenty minutes. But even in a country wealthy enough to seed rain...

"Personal contacts between the leaders of Saudi Arabia and Russia form a strong foundation for cooperation," Anton Kobyakov stressed...

The project, set to be completed in six years, is the first of its kind between the two Gulf nations....

Kühne Ziele, hohes Tempo, nahezu unbegrenzte Mittel: Europäische Spitzenmanager und Gründer zieht es nach Arabien. Sie kopieren deutsche Vorbilder und sollen ganze Branchen an die Weltspitze führen. Doch nicht jeder Traum geht in Erfüllung....

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Washington's F-35 Sale To Saudi Arabia Might Be Part Of Trump's Ultimate Plan To Revive IMEC Authored by Andrew Korybko via Substack, This could make it easier for Saudi Arabia to normalize relations with Israel even in the absence of Palestinian independence and thus restore the political viability of this geo-economic megaproject. The announcement that the US will sell F-35s to Saudi Arabia is a monumental development. Israel is the only country in West Asia to field these cutting-edge fighter jets so its “qualitative military edge” could be eroded as a result, ergo why the IDF officially objected to this.  Axios reported that Israel wants the sale conditional on Saudi Arabia normalizing their relations, ideally through the Abraham Accords, or at least the US guaranteeing that the F-35s won't be deployed in Saudi Arabia's western regions near Israel. It remains unclear whether the US will comply with these requests, but what's much clearer is that Saudi Arabia will occupy a grea...

Saudi Arabia grants Azimuth Airlines licence for scheduled flights from three Russian cities to Jeddah and Riyadh, following visa exemption agreement signed between the two countries....

State Street Corp. is deepening its expansion in Saudi Arabia as it looks to cash in on booming demand for exchange-traded funds and growing appetite for alternative investments from clients including family offices....

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Saudi Arabia cut the price of its main crude grade to Asia to the lowest level in five years, amid persistent signs of a surplus in global oil markets....

After a thriller in Qatar, Formula One's 2025 season has come down to the final race of the season this weekend in Abu Dhabi, where McLaren teammates Lando Norris and Oscar Piastri — along with Red Bull's Max Verstappen — will face a three-way battle for the drivers' title....

Gründe für Spannungen gibt es genug: Neben den Konflikten in Sudan, Jemen und Israel belastet der Wettlauf um Technologie und Öl die Beziehungen zwischen Riad und Abu Dhabi. Wie lange halten die alten Verbindungen noch?...

Foreign residents in Saudi Arabia can drive with their foreign license for up to one year. After that, they must either convert their license or apply for a new one. Those from 48 approved countries can convert their license directly without a driving test. The process involves translation, medical exams, and appointments via Absher, with varying costs based on nationality....

Early-stage investor Plus VC plans to fund more than three dozen startups in 2026, with a view toward deals in Saudi Arabia as the country cements its position as a regional venture capital hub....

Saudi Arabia is open to canceling some projects in its Vision 2030 program, the kingdom's finance minister said, in some of the strongest public comments yet on the kingdom's willingness to backtrack on costly developments....

Saudi Arabia's 2026 budget reveals the Kingdom plans to stay with elevated spending and active borrowing, keeping with its plans to diversify its economy. Saudi Bureau Chief Christine Burke explains on Horizons Middle East and Africa. (Source: Bloomberg)...

Saudi Arabia plans to stick to elevated spending and active borrowing to keep economic diversification at the forefront of the kingdom's agenda — despite the challenge of lower oil prices....

Saudi National Bank is seeking a $1 billion syndicated loan, continuing a borrowing rush by the kingdom's lenders that are helping finance a $2 trillion economic overhaul....

Japan is Saudi Arabia's third-largest trading partner at present....