Saudi Crown Prince Mohamed bin Salaman (MBS) is set to invest more than $4 billion in a luxury coastal tourism destination called Epicon that will also include residential offerings, well-informed sources revealed. Situated on the Gulf of Aqaba...
Foreign investors pulled a record amount of money from US equity funds tracking Saudi Arabia in October as the Middle East's worst violence in decades shook the region's business-friendly narrative, well-confirmed sources revealed. The iShares MSCI...
Saudi Crown Prince Mohammed bin Salman's (MBS) Vision 2030 prides itself on offering “world-class entertainment” and says that it has organized up to 3,800 entertainment events in the country, attended by more than 80 million people. Electronic...
NEOM megacity project appears to be one of the crown prince’s highest priorities, and the Saudi state is devoting immense resources to making it a reality. But five years in and with little progress in sight, cracks are appearing in Crown Prince's...
Saudi Crown Prince Mohammed bin Salman (MBS) continues to spend heavy amounts of money on international entertainment and sports events. Sources familiar with the matter revealed that MBS has ambitious plans to create a city dedicated to space...
Saudi Arabia is becoming a sporting superpower after the de facto ruler Crown Prince Mohammed bin Salman (commonly known as “MBS”) has spent billions of dollars on high-profile international sporting events in a bid to bolster its international...
Saudi Crown Prince Mohammed bin Salman (MBS) continues to spend the Kingdom's funds on fictitious projects and unnecessary transactions at a time when nations are trying to rationalize spending due to the unstable regional situation. According to...
Saudi Arabia has expressed interest in buying a multibillion-dollar stake in the Indian Premier League (IPL), the world's richest cricket league, people familiar with the matter revealed. Saudi Arabian Crown Prince Mohammed bin Salman's advisers...
A major financial loss is announced by a Saudi company every day. While international investors are hesitant to make investments in Saudi Arabia, Saudi production and service companies reported significant losses. Saudi Arabia’s top chemicals maker...
NEOM, a $500 billion city project first launched by Saudi Crown Prince Mohamed bin Salman (MBS), has aligned with metaverse firm Animoca Brands to consult on blockchain use cases. Animoca Brands, a leading blockchain gaming and metaverse investment...