Saudi Arabia's economy returned to growth in 2024, with real gross domestic product increasing 1.3% compared to the previous year, preliminary government data released on Thursday showed, with non-oil sector activities lifting overall GDP.
The price tag for Saudi Arabia’s ambitious plans runs into the trillions of dollars if fully built, far more than the country’s $1 trillion wealth fund. The U.K., Italy and Japan have already partnered on the Global Combat Air Programme, which aims to put a new stealth fighter with supersonic capability in the skies by 2035.
RIYADH: Former Emir of Saudi Arabia’s eastern province Prince Mohammed bin Fahd, 75, passed away on Tuesday. According to a statement released by the
On January 27, Italian Prime Minister Giorgia Meloni said Italy is in favor of Saudi Arabia joining the Global Combat Air Program (GCAP), according to the Italian Prime Minister’s Office. Italy, Japan, and the U.K. launched the GCAP in December 2022 with a goal of deploying the next-generation fighter by 2035.
Despite some successes, Saudi Arabia’s initial ambitions for Vision 2030 are starting to show signs of strain in the face of mounting challenges.
The comments from Crown Prince Mohammed bin Salman came after President Donald Trump mused about returning to the kingdom as his first foreign trip.
Saudi Arabia's market regulator said on Monday it would allow foreign investment in listed companies that own real estate within Islam's two holiest sites of Mecca and Medina, as the Gulf country looks to attract more investment.
Steven Witkoff, who played an important role in brokering the truce between Israel and Hamas, also met with Israel’s prime minister and visited Saudi Arabia.
The leak reveals that Saudi Arabia agreed to pay Russia over 2 billion euros under a contract signed in 2021 involving companies that were repeatedly sanctioned, both before and after Russia’s full-scale invasion of Ukraine.
More than 70 killed in drone strike on Saudi Hospital in El Fasher city in North Darfur state - Anadolu Ajansı
At World Economic Forum, Prince Faisal urges to avoid such a conflict; Herzog tells summit that nuclear bomb-seeking Iran will be 'main issue' on US president's agenda
Deri threatens to topple government if Haredi draft law not passed * Israeli contractor mistakenly killed by IDF troops in Gaza * IDF strikes Hezbollah vehicles in Lebanon