Saudi eyes RMBS to unlock liquidity for Vision 2030

Saudi Arabia and its banks are exploring issuance of residential mortgage-backed securities (RMBS) as a means of attracting foreign capital into the kingdom and freeing up liquidity to help fund the country’s Vision 2030 economic strategy. The country' …

Saudi Crown Prince MBS accepts PM Shehbaz’s invitation to visit Pakistan

RIYADH – Saudi Arabia Crown Prince Mohammed bin Salman bin Abdul Aziz said he was looking forward to his visit to Pakistan. He expressed it when Prime Minister Shehbaz Sharif met him on the sidelines of the ‘One Water Summit’ in Riyadh and reiterated his …

Stars scatter around the world for Tiger’s event in the Bahamas and South Africa and Saudi Arabia

PGA Tour HERO WORLD CHALLLENGE Site: Nassau, Bahamas. Course: Albany GC. Yardage: 7,449. Par: 72. Prize money: $5 million. Winner’s share: $1 million. Television: Thursday-Friday, 1:30-4:30 p.m. (Golf Channel); Saturday, noon to 2:30 p.m. (Golf Channel), 2 …

Saudi Aramco, Linde and SLB ink deal for one of the largest CCS hubs in the world

The Phase 1 development of the CCS hub will have the capacity to capture nine million tonnes of CO2 from three Aramco gas plants and other industrial sources Amin H. Nasser, president and CEO of Saudi Aramco, speaks during the International Carbon Capture, …

1MDB trial: Ex-Malaysia PM Najib says he met Jho Low, Saudi royal on yacht just for afternoon tea

KUALA LUMPUR - It was absurd to suggest that family and friends would be present during a meeting to plot siphoning billions from 1Malaysia Development Bhd (1MDB), former prime minister Najib Razak told Malaysia’s High Court on Dec 3. Najib said the …

Saudi Aramco inks deal with Linde, SLB to develop CCS hub in Jubail

Saudi Arabia's Aramco is planning to set up one of the largest carbon capture and storage (CCS) hubs in Jubail as the energy giant is driving forward its emission mitigation strategy. The company has signed a shareholders’ agreement with Linde, the …

Saudi Arabia signs solar deals with France's TotalEnergies

Saudi Arabia signed agreements for solar energy projects with foreign partners during the Saudi-French Investment Forum attended by French President Emmanuel Macron on Tuesday in Riyadh. An agreement was signed with French oil major TotalEnergies and Al …

COP16: Saudi Arabia leverages climate tech to combat desertification

As host of the United Nations COP16 conference on drought and desertification, Saudi Arabia is spotlighting its investment in green innovation to transform its arid landscapes. The Gulf nation aims to rehabilitate 40 million hectares of degraded land, a …

Airbus Appoints Eid Al Qahtani To Lead Airbus' New Regional Headquarters In Saudi Arabia

Executions in Saudi Arabia hit their highest-ever level with more than 300 in 2024 as number of prisoners killed surges ...

Saudi Arabia has put over 300 people to death in 2024, according to an AFP tally, after four executions announced on Tuesday brought the kingdom's total to a level far outstripping the highest known annual figures. The death penalty was carried out …