Monday, December 22, 2025

Category: Economy

Economy

New Murabba joins Saudi-U.S. Investment Forum

What This Article Is About & Why It Matters This article highlights New Murabba’s participation in the Saudi–US Investment Forum, held in Riyadh from May 13–14, 2025, during the official visit of U.S. President Donald J. Trump. The event showcased New Murabba as a flagship Public Investment Fund (PIF) project representing the future of Riyadh’s […]

Economy

IsDB Chief: Stable, Long-Term Investments Are Essential for Growth

What This Article Is About & Why It Matters This article covers the keynote address by Islamic Development Bank (IsDB) Group Chairman Dr. Muhammad Al Jasser at the Saudi–US Investment Forum on May 14, 2025, where he detailed Saudi Arabia’s economic transformation under Vision 2030. He called for greater global cooperation, predictable financial systems, and […]

Economy

King Salman Airport Firm Teams Up with Bechtel to Build Three New Terminals

What This Article Is About & Why It Matters This article highlights a landmark executive partnership agreement between Saudi Arabia’s King Salman International Airport Development Company (KSIADC) and Bechtel, signed on May 14, 2025 during the Saudi–US Investment Forum. The deal involves building three new passenger terminals at King Salman International Airport in Riyadh, including […]

Economy

Minister Highlights Over 11,000 US-Linked Smart City and Housing Projects

What This Article Is About & Why It Matters This article explores Saudi Arabia’s ambitious urban transformation led by Minister of Municipalities and Housing Majed Al-Hogail, as announced at the Saudi-US Investment Forum on May 14, 2025. With 11,000+ development projects underway across 300 municipalities, the Kingdom is shaping smart, sustainable cities under Vision 2030. […]

Economy

Crown Prince and US President Co-Chair Strategic Economic Partnership Summit

What This Article Is About & Why It Matters This article covers the landmark Saudi-US Summit held on May 14, 2025, co-chaired by Crown Prince Mohammed bin Salman and President Donald J. Trump. The summit reaffirmed the enduring strategic partnership between Saudi Arabia and the United States through the signing of a Strategic Economic Partnership […]

Economy

White House AI and Crypto Advisor Stresses Saudi-US Cooperation in Innovation and AI

What This Article Is About & Why It Matters This article highlights Saudi Arabia’s leadership in AI and digital transformation, as showcased during the Saudi-US Investment Forum on May 14, 2025. White House AI and Crypto Czar David Sacks and Minister Abdullah Alswaha praised the Kingdom’s innovation ecosystem, spotlighting Saudi Arabia’s emergence as a global […]

Economy

AECD Examines Urban Expansion Approaches to Boost Economic Growth

What This Article Is About & Why It Matters This article highlights Saudi Arabia’s leadership in hosting the Arab European Cities Dialogue (AECD 2025), focusing on strategies for local economic development and sustainable urban growth. Held in Riyadh on May 14, 2025, the session addressed investment attraction, smart city planning, and inclusive development—key to Vision […]

Trump and MBS.
Culture

Trump has arrived in Saudi Arabia.

In characteristic fashion, President Donald Trump has once again stirred global intrigue with talk of an “earth-shattering” announcement during his high-stakes visit to the Middle East — a remark that has prompted both anticipation and confusion. As Air Force One touches down across Gulf capitals, the world watches closely to see whether this is another […]

Economy

Industry Ministry Kicks Off Riyadh International Industry Week 2025

What This Article Is About & Why It Matters This article covers the opening of Riyadh International Industry Week 2025, launched by the Ministry of Industry and Mineral Resources on May 13, 2025. Featuring 524 companies from 20 countries, the event showcases Saudi Arabia’s rapid industrial transformation and its emergence as a regional hub for […]

Economy

Social Development Bank Finalizes Partnership Deals in Qassim

What This Article Is About & Why It Matters This article highlights the strategic development agreements signed by Saudi Arabia’s Minister of Human Resources and Social Development, Eng. Ahmed Al-Rajhi, and the Social Development Bank (SDB) in Qassim. These agreements empower freelancers, entrepreneurs, and startups through financing, training, and advisory services—reflecting Vision 2030’s mission to […]