US officials are weighing whether to open a formal investigation into Elon Musk’s purchase of Twitter as new details emerge about the privileges granted to large foreign investors under the terms of the deal, including Saudi investors. The...
After Banning it for Several Years, Halloween Celebrated in Saudi Arabia to Overcome Economic Crisis
The New York Times released a new report this week shedding light on Halloween celebrations held in Saudi Arabia after being banned for several years. Only a few years ago, a Halloween party meant arrest. Now, a government-sponsored “horror weekend”...
French Intelligence Online website revealed that the French drone maker Azur Drones has taken an order to supply Saudi Arabia projects of NEOM and Al-Ula, as the firm continues to develop its business in the region. According to the website...
Saudi Arabia’s sovereign wealth fund is pushing ahead with plans to reduce its stakes in some of the kingdom’s biggest companies and raise billions of dollars for new investments, Bloomberg revealed on Friday. People familiar with the matter...
The Quincy Institute for American Studies revealed this week that Saudi Arabia gifted close to $270m to 144 American universities in 2019, and a total of $440m since the death of the journalist Jamal Khashoggi. The gruesome assassination placed...
In a detailed report published this week, The Washington Post revealed that more than 500 retired US military personnel have taken lucrative jobs since 2015 working for foreign governments, mostly in countries known for human rights abuses and...
France Press website revealed that the disruptive new LIV Golf circuit, backed by Saudi Crown Prince Mohammed bin Salman (MBS), could pay for TV coverage temporarily as it tries to build a long-term presence. LIV, whose luring of top players with...
The Wall Street Journal revealed a new report that Saudi Crown Prince Mohammed bin Salman (MBS) is spending $1 trillion to turn Saudi Arabia into a mass-market tourist destination. A nascent cruise sector, luxury Red Sea resorts and eco-lodges in...
In an exclusive CNN interview, US President Joe Biden said there would be “consequences” for Saudi Arabia after it partnered with Moscow to announce a cut in oil production, a move that could cause gas prices to increase as November’s midterm...
The Financial Times revealed in a new report that Saudi Arabia’s Public Investment Fund (PIF), which manages more than $600 billion in assets, had entered partnerships with several soccer clubs ‘amounting to SAR8.75 billion [US$2.3 billion]’ during...