Saudi Arabia’s annual inflation rate ticked up to 3.3% in December, the fastest pace in 18 months, driven by mounting costs for housing, energy and food, new reports by Bloomberg and Reuters revealed this week. According to the sources...
Bloomberg Agency revealed this week that Saudi Crown Prince Mohammed bin Salman (MBS) is expected to join a $930 Million pre-IPO bet on Anime Giant. Kakao Entertainment Corp. has won $930 million from the sovereign wealth funds of Saudi Arabia and...
Saudi Crown Prince Mohammed bin Salman’s dream of a new Saudi reality is just getting weirder. Instead of improving his people’s living situation, MBS continues to spend billions of dollars hosting major entertainment, cultural, and...
Saudi Arabia’s efforts to develop its cyber capacities are starting to bear fruit, just as domestic business opportunities are starting to dry up for its neighbour and rival, the United Arab Emirates, Intelligence Online revealed in a report...
Saudi Arabia’s Crown Prince Mohamed bin Salman (MBS) would bid for the World Wrestling Entertainment, Inc., “should the company decide to sell,” reported Wrestling website. According to Wrestlenomics, the WWE events that have taken place in Saudi...
The Guardian revealed that Saudi Arabia has infiltrated Wikipedia and jailed two administrators in a bid to control content on the website, weeks after a former Twitter worker was jailed in the US for spying for the Saudis. One administrator was...
Eurasia Review website commented on superstar Cristiano Ronaldo’s deal to join state-owned Saudi football club Al Nassr FC, saying that the deal includes boosting Crown Prince Mohamed bin Salman (MBS)’ image. One-upmanship in Middle...
US news website, Al-Monitor, covered this week the flash floods that recently hit Saudi Arabia as more severe weather is expected, saying that heavy rainfall hit Jeddah, Mecca and Medina with more heavy rain expected in the kingdom. The website...
The Wall Street Journal has revealed in a new report issued this week that Saudi Crown Prince Mohammed bin Salman (MBS) has vexed financial officials at times as he pushes pet projects on the Public Investment Fund, including a deal with Jared...
US researchers Jonathan Ellis Allen and Jordan Cohen have called, in an opinion report published by The Hill, on US Congress to hold Saudi Arabia responsible for its crimes in Yemen. The Saudi-led war in Yemen has killed an estimated 377,000 people...