Saudi Arabia
Watch live: Trump addresses Davos, global markets respond
(The stream is slated to start at 11 a.m. ET. Please refresh the page if you do not see a video above at that time.) WASHINGTON — President Donald Trump addressed the World Economic Forum in Davos, Switzerland, virtually on Thursday, his first major appearance at an international event since he returned to the White House […]
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LIV Golf announces multiyear media rights deal with Fox Sports
A general view of the 18th green the LIV Golf logo and Club 54 during the 3rd round of the LIV Golf Invitational Series Bedminster on July 31, 2022 at Trump National Golf Club in Bedminster, New Jersey. Rich Graessle | Icon Sportswire | Getty Images LIV Golf announced Thursday a multiyear media rights agreement […]
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Saudi Arabia vows to be ‘fast and furious’ in mining as it reveals $100 billion investment
Saudi Energy Minister Abdulaziz bin Salman speaks during the annual Future Investment Initiative (FII) conference in Riyadh on October 29, 2024. Fayez Nureldine | Afp | Getty Images RIYADH, Saudi Arabia — Saudi Arabia is pushing ahead to put itself on the global critical minerals map, announcing a number of deals, investment plans and discoveries […]
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Oil is no longer an energy security challenge as critical minerals take center stage, Saudi minister says
Aerial view of brine ponds and processing areas of the lithium mine of the Chilean company SQM (Sociedad Quimica Minera) in the Atacama Desert, Calama, Chile, on Sept. 12, 2022. Martin Bernetti | Afp | Getty Images RIYADH, Saudi Arabia – The energy minister of Saudi Arabia – the Gulf kingdom whose wealth and power […]
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UK visitors from dozens of countries will have to pay a new entry fee starting this week
Pedestrians shelter from the rain under umbrellas as they pass the Elizabeth Tower, commonly known by the name of the clock’s bell, Big Ben, at the Palace of Westminster, home to the Houses of Parliament, in London on Feb. 22, 2024. Henry Nicholls | AFP | Getty Images If you’re traveling to the U.K. as […]
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‘Unprecedented’: The most punctual global airline last year was ‘absolutely’ a surprise, analytics firm CEO says
Aeromexico was the most punctual global airline in 2024, according to a report published by aviation analytics company Cirium. Some 86.7% of its tracked flights arrived “on-time,” defined as arriving within 15 minutes of scheduled arrival times. This result was “absolutely” a surprise, Cirium CEO Jeremy Bowen told “Squawk Box Asia” Friday. “They’ve had a […]
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French government toppled in no-confidence vote brought by opposition
France’s Prime Minister Michel Barnier (C) looks on during a session of questions to the government at The National Assembly in Paris, on December 3, 2024. Julien De Rosa | Afp | Getty Images The French government has been toppled in a vote of no confidence Wednesday, plunging the euro zone’s second-largest economy into a […]
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Can Saudi Arabia keep pace with its ambitious mega-project spending spree?
Digital render of NEOM’s The Line project in Saudi Arabia The Line, NEOM In Saudi Arabia’s northwestern desert, a sprawling construction site replete with cranes and pile drivers sits encircled by a recently-built road. A pair of tracks cuts through the site like deep gashes through the sand, comprising the spine of what planners say […]
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Saudi Arabia’s Neom replaces its CEO amid reports of delays and cutbacks
Digital render of NEOM’s The Line project in Saudi Arabia The Line, NEOM Saudi Arabia’s massive Neom megaproject, a multi-trillion dollar plan to develop a swathe of land the size of Massachusetts, has replaced its CEO in a significant reshuffling as the kingdom faces questions over the economic viability of its ambitions. Neom’s board of […]
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Silicon Valley’s General Catalyst makes first investment into Saudi Arabia through fintech Lean Technologies
Silicon Valley venture capital firm General Catalyst has made its first investment in Saudi Arabia through fintech startup Lean Technologies, which just closed a Series B round worth $67.5 million. General Catalyst has $30 billion in assets under management and has backed major U.S. tech companies like Snap, Stripe and AirBnb. Lean Technologies’ fundraising round also […]
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