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RIYADH: Top Saudi officials on Wednesday expressed satisfaction over the “strong” economic recovery of the Kingdom following the COVID-19-induced global economic slowdown and highlighted the initiatives to transform the country into a global hub of innovation and investment. They spoke at the Euromoney Saudi Arabia Conference held on Wednesday in the Saudi capital Riyadh in
Prince Turki al-Faisal, who also previously served as Saudi ambassador to the US, says 'America itself' is to blame for high energy prices
RIYADH: Top Saudi real estate developers have formed a tripartite alliance to establish a housing project in Riyadh, the Saudi Press Agency reported. The alliance will build 580 villas spread over 300,000 sq. m. Al-Othman Group, Tamimi Real Estate, Isam Khairi Kabbani allied under Tilal Properties will develop the project in Aljwan, north of Riyadh. The project will benefit
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The leaders of the Group of Seven (G7) industrialised nations meet in Cornwall, UK, this week for their first summit since the outbreak of COVID-19. They will focus on global challenges including the pandemic, climate change and threats to democracy, on top of economic concerns. After a period of friction among Western nations – largely due to the antics of former U.S. President Donald Trump, who was a disruptive presence in G7 meetings from 2017 to 2019 – leaders want to show a united front against China and Russia. U.S. President Joe Biden’s visit to Cornwall will be his first foreig...