The name “NEOM” stands for the Greek “neos” (meaning “new”) and the Arabic word “mustaqbal” (meaning “future”), which stands ...

Saudi Arabia is drawing a line in the sand under the soaring costs of its ambitious “Line” skyscraper gigaproject.

New Delhi: Saudi Arabia’s dream project Neom City seems to be in trouble. Semaphore reported in its report on Friday, July 18 ...

More broadly, the Middle East and North Africa region is "relatively less impacted" by U.S. tariff announcements compared to other regions, given the limited exposure of its listed companies to U.S.

The National Industrial Development and Logistics Program (NIDLP) contributed 39% to Saudi Arabia’s non-oil GDP in 2024, amounting to SR986 billion, up from SR949 billion in 2023, according to the ...

It is tough to more than double the asset base of a bank, its profitability as well as its market share. But Bernd van Linder has done it, not once, but twice for two separate banks. He also has the ...