Keywords: Saudi Arabia
Saudi Arabia’s nearly $1 trillion sovereign wealth fund, the Public Investment Fund (PIF), announced that artificial intelligence and automation now underpin “every layer” of its operations. This integration is not only reshaping the fund’s investment strategies but also reflecting......
Crown Prince Mohammed bin Salman chaired a Saudi cabinet session in Neom on Tuesday, providing updates on regional and international matters, including Palestinian statehood and global diplomatic developments. Focus on Palestine and international support During the meeting, the crown prince briefed......
Aramco, the world's largest oil exporter and cornerstone of the Saudi economy, continues to see declining profits for the tenth consecutive quarter since its record highs in late 2022. The company's net income fell from $29.07 billion to $22.67 billion, largely due to “lower crude oil,......
Saudi Arabia has executed 17 individuals over the past three days, including two Saudis for "terrorism" on Monday and seven foreigners for drug trafficking on Sunday, according to an AFP tally based on official announcements. So far in 2025, the kingdom has carried out 239 executions, 161......
The United States and Saudi Arabia held a high-level defense meeting at the Pentagon last week, emphasizing their commitment to strengthening military cooperation. The two-day forum marked the 9th session of the Strategic Joint Planning Committee (SJPC), aimed at advancing shared regional security objectives. The......
In a strategic move to regain market share, the eight key members of OPEC+, including Saudi Arabia and Russia, announced on Sunday an increase of 547,000 barrels per day starting in September 2025. This marks the end of a production hike cycle initiated in April. The decision was largely anticipated......
Saudi Arabia carried out the execution of eight individuals in a single day, according to state media reports, highlighting the kingdom's increasing use of capital punishment, especially for drug-related offenses. The official Saudi Press Agency (SPA) reported that four Somali nationals and three......
Saudi Arabia’s Ambassador to the United States, Princess Reema bint Bandar, has reaffirmed the Kingdom’s stance that a two-state solution is the only viable path to end the conflict between Israel and Palestine, rebuild Gaza, and ensure long-term peace in the region. Her remarks came during......
A high-level Saudi delegation composed of more than 100 investors arrived in Damascus on Wednesday, signaling a new era of economic cooperation between Saudi Arabia and post-Assad Syria. According to Saudi state television Al-Ekhbariya, the delegation, led by Investment Minister Khalid bin Abdulaziz......
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