Saudi Arabia

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

Yasir Al-Rumayyan, governor of the PIF, says that it aims to deploy more capital after investing US$11.5 billion in Japan from 2019 to 2024.

Saudi wealth fund plans to more than double investments in Japan

[SAUDI ARABIA] Saudi Arabia’s sovereign wealth fund is looking to increase its investments in Japan to about US$27 billion by the end of 2030.

The moves show Saudi Arabia is quietly widening access to alcohol for a larger group of foreign residents, in line with its efforts to ease restrictions in the predominantly Muslim country.

New alcohol stores to open in Saudi Arabia for some non-Muslims

The kingdom is building two liquor shops in the Red Sea port city of Jeddah and Dammam in the east

US President Donald Trump and Crown Prince Mohammed bin Salman of Saudi Arabia at the US-Saudi Investment Forum in Washington, DC., on Nov 19. Saudi Arabia secured access to 600,000 advanced Nvidia AI chips, alongside commitments for major data centre development.

US-Saudi ties pivot to tech: AI chips and a US$1 trillion pledge

The true measure of success will be whether the new tech-for-security model can withstand the volatility of the Middle East

US President Donald Trump (right) absolved Saudi Arabia's Crown Prince Mohammed bin Salman of involvement in a 2018 murder. That, for many in Congress, is a subject of concern around the two countries' partnership.

Saudi prince faces big task turning Trump pledges into real wins

The bounty moves Riyadh-Washington relations beyond oil, but falls short of the robust deals Saudi Arabia was pushing for

Each company is slated to receive AI chips with the computing power equivalent to 35,000 GB300 processors from Nvidia, according to the Commerce Department.

US approves sale of 35,000 AI chips to UAE’s G42, Saudis’ Humain

The deal is contingent on both companies meeting “rigorous security and reporting requirements”, the Commerce Department says

CEO Ziad El Chaar says that construction on one of Dar Global’s most high-profile Trump-branded projects, the tower in Dubai announced in April, could start on site as early as this week.

Saudi developer wants to sell Trump hotel tokens to US retail investors

Dar Global is in talks with The Trump Organization about the crypto aspects of the Maldives project

Trump (right) welcomed Prince Mohammed with a formal arrival ceremony on the South Lawn that included a military flyover and mounted honour guards.

A reset in Riyadh’s favour: Trump welcomes Saudi crown prince back to Washington

The broader implications of the visit trouble those who believe US foreign policy should balance strategic interests with democratic values