Saudi Arabia

CapitaLand eyes Gulf region’s ‘deep, liquid pools of capital’, investments in logistics, hospitality  

Real asset manager intends to grow its presence and engage investors in the region, as the oil-producing nations reinvent themselves

Lucid is the only automaker selling vehicles in Saudi Arabia that have been assembled locally but is one of a growing list of EV producers that are rapidly scaling.

Lucid set to start manufacturing cars in Saudi Arabia in 2026

The company has also struggled more broadly with profitability and production challenges

Saudi Arabia plans to allow non-Saudis to buy a wider range of real estate assets as it looks to lure more foreign capital for development.

Trump firm sharpens Saudi property focus as prince opens market

Regulators are also opening the country stock market to all investors and have further eased rules around alcohol consumption

The kingdom has been easing certain restrictions for some resident expats in stages and it’s now looking to designate developments and zones where foreigners are allowed to buy.

Saudi Arabia opens property market as crown prince courts overseas investors

More than 600,000 homes are expected to be built in the country by 2030, according to Knight Frank

Saudi Arabia has been trying to attract foreign investors, including by establishing exchange-traded funds with Asian partners in Japan and Hong Kong.

Saudi Arabia to open financial market to all foreign investors next month

The country is more than halfway through an economic plan to reduce its dependence on oil

The cut comes as the Organisation of the Petroleum Exporting Countries and some of its allies stuck with plans to pause supply increases in the first quarter.

Saudi Arabia cuts flagship oil price to Asia for a third month

The International Energy Agency has forecast a glut of about 3.8 million barrels a day for this year

The Saudi labour participation rate, which measures the number of working-age nationals who are employed, dipped to 49%, the lowest since 2021.

Saudi unemployment marks second straight jump in economic blow

The overall data indicates that a lot of people are just not entering the workforce: bank chief economist

Chinese Foreign Minister Wang Yi is on a three-nation tour in the Middle East that began in the United Arab Emirates and is expected to end in Jordan.

China, Saudi Arabia agree to strengthen coordination on regional, global matters

The countries have agreed to mutually exempt visas for diplomatic and special passport holders from both sides, according to the joint statement

Gulf states speed up shift from oil, ramping up investment in finance, tourism, tech and manufacturing.

Asset manager Guggenheim plans Saudi presence as part of Gulf investment push

The firm has an office in Dubai and is in the process of getting licenced in Abu Dhabi

The SNB (top) deal is the latest in a series of funding transactions from the Middle East, notably from Saudi Arabia, tapping Asian liquidity.

Saudi National Bank’s US$1 billion loan adds to Middle East spree

It’s part of a plan to finance a US$2 trillion economic overhaul