Riyadh – Herfy Food Services Company posted a net loss of SAR 116.52 million in 2024, against a net profit of SAR 8.38 million in 2023. The revenue stood at SAR 1.12 billion as of 31 December 2024, ...

Saudi Arabia’s holdings of US Treasury bonds reached $126.9 billion in January, down $10.6 million month-on-month, marking the largest drop since April 2020, new data released by the US Treasury ...

Saudi banks are set for a stronger start to 2025, with their asset-quality metrics expected to “remain strong” throughout the year, Fitch Ratings said in its latest report. The agency noted that lower ...

The prince wants Saudi Arabia to be a middleman in peace talks. Ukraine’s leader said they’d discussed “steps and conditions needed to end the war.” By Tim Balk President Volodymyr ...

Private yachts were moored nearby, and some of the biggest celebrities were in attendance as Saudi Arabia partially opened Neom, its ambitious $500 billion mega-city in the desert. The event was ...

President Zelenskyy has now left Saudi Arabia ahead of Ukrainian officials having talks with America's top diplomat on Tuesday. He was not due to meet Mr Zelenskyy but he held talks with the crown ...

Tesla will start selling its electric vehicles in Saudi Arabia, entering the Gulf region’s largest economy as the company’s global sales are sliding and CEO Elon Musk courts controversy with ...

The Kingdom of Saudi Arabia now offers e-visas to travelers, even women visiting solo, and its controversial ban on women driving has been lifted. Today, women traveling to Saudi Arabia do not ...

U.S. Secretary of State Marco Rubio arrived in Jeddah, Saudi Arabia, on Monday for U.S.-Ukraine talks as President Donald Trump pushes to broker a swift end to the Russia-Ukraine war. While in ...

Four years into Russia's full-scale invasion of Ukraine, Saudi Arabia has established itself as an unexpected but effective mediator between the warring nations. Having long been an Arab ...