Since Saudi Crown Prince Mohamed bin Salman (MBS) came to power, 485,000 companies were shut down in the Kingdom, 158,000 employees lost their jobs, and 324,000 commercial registrations were canceled by the Ministry of Municipal Affairs. Heavy...
Riyadh Air, which was newly launched by Saudi Crown Prince Mohamed bin Salman (MBS), signed a sponsorship deal with leading Spanish football club, Atlético de Madrid, naming the airline as the main and official airline partner of the Red and White...
Turki Al Sheikh, Chairman of the Saudi General Entertainment Authority, declared that the Cassette 90's concert will be held during the Riyadh season soon. He wrote on his personal account on Facebook: “I am happy with the success achieved by the...
Over the past few years, Saudi Arabia has spent billions of dollars on high-profile international events in a bid to bolster its international reputation. Sources familiar with the matter recently revealed that Tony Blair’s institute has continued...
Saudi Crown Prince Mohammed bin Salman (MBS) spent one billion dollars on entertainment events throughout the Kingdom during the past two months, sources familiar with the matter revealed. The sources pointed out that popular singers and dance...
In order to safeguard their national security and protect their airspace, nations look to purchase drones. In Saudi Arabia, things are, however, different. Mohammed bin Salman (MBS), the Saudi Crown Prince, is reportedly eager to purchase as many...
Brazilian superstar Neymar is set to join Saudi Arabian club Al-Hilal in a deal that is reportedly worth over €160 million. In addition to his massive salary, Neymar will also receive a number of eye-popping perks, including: Win bonus: Neymar will...
Saudi Arabia’s Public Investment Fund, or PIF, reported a $15.6 billion comprehensive loss in 2022 after the value of its investments in SoftBank Vision Fund plunged, and other tech ventures were hit by a market downturn. The PIF, chaired by Crown...
Well-informed sources revealed that Saudi Crown Prince Mohamed bin Salman (MBS) started seizing Khums from Saudi Shiites. Khums (meaning fifth in Arabic) is a religious tax paid by Saudi Shiites to Iran or Iraq. The sources pointed out that MBS...
Saudi Crown Prince Mohammed bin Salman (MBS) continues to spend billions of dollars as part of his policies to boost his foreign image. Sources familiar with the matter revealed that Saudi Ministry of Sports has allocated £17 billion (19.6 billion...