Saudi Arabia

Trump Organization to develop luxury tower in Saudi Arabia

bne Gulf bureau July 1, 2024

The Trump Organization, in collaboration with Dubai-based Dar Global, announced plans on July 1 to construct a Trump Tower in Jeddah, Saudi Arabia.

Eurasian Development Bank moves into Central Asia’s Islamic finance sector

Clare Nuttall in Almaty June 27, 2024

Regional development bank hopes to give new impetus to Islamic finance in Central Asia.

Hajj aftermath: deaths, disappearances and detentions spark investigations across world

bne Gulf bureau June 25, 2024

The aftermath of this year's Hajj pilgrimage has sparked widespread investigations and concerns across the Muslim world.

Iranian city among world's hottest as heatwave grips Middle East

bne Tehran bureau June 21, 2024

An unprecedented late heatwave has pushed temperatures in several Iranian cities to record highs, with Ahvaz in the southwestern province of Khuzestan registering as one of the world's hottest spots.

More than 1,000 dead in Hajj pilgrimage heatwave

bne Gulf bureau June 20, 2024

More than 1,000 people are missing or presumed dead in this year’s annual Hajj due to intense heat.

Dozens of pilgrims die during Hajj pilgrimage from extreme heat

bne Gulf bureau June 17, 2024

Several dozen adults and one baby have died from heatstroke during this year’s Hajj pilgrimage to Mecca in Saudi Arabia as temperatures surpassed 48 degrees Celsius.

Record number of Russians undertake Hajj pilgrimage amid challenges

bne Tehran bureau June 17, 2024

More than 25,000 Russians have embarked on the annual Hajj pilgrimage to the holy sites in Mecca and Medina, Saudi Arabia, setting a new record following increased quotas and the easing of pandemic restrictions.

Saudi Arabia, Bahrain and Kuwait set to offer Russians visa-free entry

bne Gulf bureau June 13, 2024

Several Gulf states are preparing to allow Russian citizens to enter without visas, Russian Economy Minister Maxim Reshetnikov announced on June 12, as part of efforts to boost tourism ties.

Saudi Arabia inaugurates self-driving aerial taxi for Hajj pilgrims

bne Gulf bureau June 12, 2024

Saudi Arabia has launched a self-driving aerial taxi service for pilgrims during this year’s Hajj season

Saudi Arabia launches health robots in Medina for pilgrims

bne Gulf bureau June 9, 2024

Saudi Arabia’s Health Ministry in Medina has launched a new smart robot cohort in the central area around the Prophet Mohammad’s Mosque in the city.

Saudi STC Group reportedly eyes purchase of United Group

bne IntelliNews June 4, 2024

Potential deal could value United Group, owner of telecoms and pay-TV channels across Southeast Europe, at around €8bn.

China, Saudi Arabia to stay away from Ukraine peace summit

bne IntelliNews June 3, 2024

China and Saudi Arabia have both declined to attend a Ukraine peace conference in Switzerland next month, citing the absence of Russia as a key reason, various sources confirmed on Friday.

Tajikistan working on plan to export freshwater from mountain lake to Gulf countries

bne IntelliNews June 2, 2024

Body of water was created by 1911 earthquake. Experts worry another quake could cause devastating floods, thus draining it could solve more than one problem.

Saudi Arabia creates Neo Space Group to launch satellites

bnm Gulf bureau May 28, 2024

Saudi Arabia's Public Investment Fund (PIF) has announced the creation of Neo Space Group as it angles to enter the commercial space race.

Saudi Arabia launches most expensive resort on Red Sea coast

bne Gulf bureau May 27, 2024

Saudi Arabia has unveiled its latest uber-luxurious resort destination called Nujuma, with prices starting at over $2,000 a night.

Saudi Arabia’s NEOM plans flying taxis in new push

bne Gulf bureau May 26, 2024

Saudi Arabia's futuristic megacity NEOM is gearing up to operate a fleet of electric vertical take-off and landing (eVTOL) aircraft, dubbed "green air taxis", as part of its ambition to build a traffic and pollution-free urban landscape.

Saudi Arabia's Crown Prince Mohammad bin Salman accepts invitation to Iran

bnm Tehran & Gulf bureaus May 25, 2024

Saudi Arabia’s Crown Prince Mohammed Bin Salman has agreed to an invitation to visit Iran following the death of President Ebrahim Raisi.

China's COMAC eyes Saudi Arabia as launchpad for international expansion

bnm Gulf bureau May 24, 2024

Chinese state-owned aircraft manufacturer Commercial Aircraft Corporation of China (COMAC) is setting its sights on Saudi Arabia as a strategic base for its international expansion efforts.

BRICS currency is coming soon, Iranian ambassador

bne Tehran bureau May 19, 2024

Iran is actively participating in initiatives under Russia's leadership in BRICS, with the two countries working towards creating a single currency for the bloc, Iranian Ambassador to Russia Kazem Jalali said to local media.

Saudi Arabia’s big AI educational leap

Daniel Rad in Dublin May 18, 2024

The juxtaposition of artificial intelligence and Saudi Arabia might strike most as an unlikely pair but it has been part of the a revamped version of the kingdom for the past few years.

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