Saudi Arabia's Public Investment Fund reported an $11 billion investment loss for 2022, Economic sources revealed. The Public Investment Fund (PIF), which is headed by the Saudi Crown Prince Mohamed bin Salman (MBS), did not report such a loss in...
Saudi Arabia’s Neom, the company developing Crown Prince Mohammed bin Salman’s (MBS) flagship mega project, is looking to raise a 10 billion riyal ($2.7 billion) loan, according to people familiar with the matter. Neom, a unit of the kingdom’s...
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 sporting events...
Saudi Crown Prince Mohammed bin Salman (MBS) plans to launch a new multibillion dollar sports event as part of his policies to boost his image, well-informed sources revealed. The move came after Saudi Arabia expanded its position in golf and...
Saudi Crown Prince Mohammed bin Salman (MBS) has recently ordered the demolition of the entire city of Jeddah including hospitals, schools, and mosques, as soon as possible as part of his modernisation plan, well-informed sources revealed. So far...
A Saudi security source revealed that the General Intelligence Service, especially the Cybersecurity Department, started an incitement campaign to close prominent opponents’ accounts on YouTube, Twitter, Facebook and Tik Tok. Dozens of social media...
Fearing any expected coup, Saudi Crown Prince Mohammed bin Salman (MBS) has tightened his grip on power in light of the growing tension within the royal family. Private sources revealed that MBS assigned the State Security Apparatus to review the...
Saudi Crown Prince Mohammed bin Salman's (MBS) involvement in the Yemen war is still negatively impacting the Kingdom's reputation. Military sources revealed that Germany's coalition government is at odds over whether to bow to British pressure and...
Saudi Crown Prince Mohammed bin Salman (MBS) is seeking to whitewash his foreign image by all possible means. Well-informed sources revealed that MBS will spend $25m on the SOUNDSTORM pop music festival, which will be held in Riyadh next December...
Hardly a day passes without Saudi Arabia announcing the arrest of people accused of trying to smuggle large quantities of drugs into the Kingdom. Thus, Saudi Arabia has become one of the largest and most lucrative regional destinations for drug...