Saudi Arabia's economy returned to growth in 2024, with real gross domestic product increasing 1.3% compared to the previous year, preliminary government data released on Thursday showed, with non-oil sector activities lifting overall GDP.
Saudi has opened up foreign investment into real estate firms in its holy cities this week, a move that will support religious travel.
Saudi Arabia​'s crown prince told President Trump in a call that the kingdom intends to invest $600 billion in the U.S. over the next four years.
A big Real Madrid star other than Vinicius Jr. this week received what the Spanish media called a "superoffer" from Saudi Arabia.
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.
Trump has had a close relationship with the crown prince, Mohammed Bin Salman, even as his real estate company does major deals with oil-rich kingdom.
They could name a stand in a stadium after him, or print his picture on tickets for the public. His sacrifice should be valued'
Trump would be wise to remember this as he interacts with MBS. Saudi officials may highlight their strategic relationship with Washington as mutually-beneficial, but the kingdom won't be doing the United States any favors. And the concessions the Saudis do make will almost certainly be paired with demands.
At a time when more people are spending more time online than ever, Budget Saudi’s new initiative -- “Quit Screens to Scenes” -- has been introduced to inspire consumers across the kingdom to immerse themselves in real-world connections, transforming virtual engagements into meaningful, in-person experiences.