Saudi Arabia and OPEC's focus is on ensuring long-term market stability to meet growing demand, including from the U.S. and the rise of artificial intelligence, Saudi Minister Alibrahim said. Read also: Saudi summit helped isolate Russia,

This initiative builds on the success of the World Economic Forum Special Meeting held in Riyadh in April 2024, further establishing Saudi Arabia as a central player in shaping the global agenda

Saudi Arabia's real gross domestic product increased 1.3% in 2024, preliminary government data released on Thursday showed.

Saudi Arabia is looking for mining deals in a push to secure supplies of critical minerals for its industrialization plan, just as a wave of attempted consolidation sweeps the sector.

The global WEF meeting in Riyadh will serve as a vital platform for global leaders, experts, policy- and decision-makers from diverse fields

The Kingdom of Saudi Arabia will host a regular high-level World Economic Forum (WEF) global meeting in Riyadh, with the first slated for the Spring of 2026, it was announced today. The ...

DAVOS, Switzerland, January 24, 2025--(BUSINESS WIRE)--The Kingdom of Saudi Arabia will host a regular high-level World Economic Forum (WEF) global meeting in Riyadh, with the first slated for the ...

The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central bank to lower them. The announcement put the central bank on a potential collision course with Trump, though a longstanding norm of independence typically insulates the Fed from direct political interference.

President Donald Trump has boasted about bringing a more transactional approach to his relationship with world leaders. Just over a week into his second term, many have shown they’re eager to make the deals he treasures.

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.

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.

The current Islamic year is 1445 AH. Today Islamic date in Saudi Arabia Islamic Date Today –Islam is the second biggest religion in the world with around 1.8 billion followers. The Muslim population is present not only in Muslim countries but also in ...