Courtesy of The Financial Times, a report on plans to build the world’s tallest tower in Saudi Arabia: One of Saudi Arabia’s richest tycoons Prince Alwaleed bin Talal has launched a comeback attempt, reviving a project to build the world’s tallest tower as developers in the kingdom embark on a flurry of glitzy real estate […]
Read more »Via The Art Newspaper, a report that Christie’s will become first global auction house to operate in Saudi Arabia Christie’s is expanding in the Middle East, announcing today that it has been granted a commercial license to operate in Saudi Arabia. It is the first international auction house to establish a permanent presence in the […]
Read more »Via The Africa Report, an article on Saudi Arabia’s growing influence in Egypt through its Public Investment Fund, which is driven by both economic and geopolitical motivations: Egypt’s announcement last week that it is set to receive $5bn in funding from Saudi Arabia’s Public Investment Fund (PIF) to “boost bilateral relations” was light on detail, […]
Read more »Saudi Arabia isn’t just physically transforming itself; the kingdom is also telling its people — and the world — a new story about itself in order to build a modern national identity as reported in Semfor: Expensive skyscrapers, shopping malls, and freeways are being carved out of the red-gold sands of the desert, as Saudi Arabia’s […]
Read more »Via Semafor, a report on Saudi Arabia’s growing partnership with Egypt: Saudi Arabia pledged to invest $5 billion in Egypt, a vote of confidence in Cairo’s efforts to address its fiscal and investment policies as well as a signal of shifting Gulf attitudes towards plowing cash into flailing regional economies. Saudi Crown Prince Mohammed bin […]
Read more »Via Asharq Al Awsat, a report on continued discussions between Saudi Arabia and China around lithium and copper opportunities: Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef discussed with Chinese mining companies on Friday boosting cooperation in the mining sector and joint investment opportunities in processing and producing lithium used in electric […]
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