Saudi Arabia Archives - The Arabian Buzz

Saudi Crown Prince Receives German Chancellor Friedrich Merz in Riyadh Talks

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Saudi Crown Prince Receives German Chancellor Friedrich Merz in Riyadh Talks Saudi Arabia’s Crown Prince Mohammed bin Salman welcomed German Chancellor Friedrich Merz during an official visit to the Kingdom, underscoring the growing depth of Saudi-German relations. The meeting took place late Wednesday at Al Yamamah Palace, where the two leaders held formal talks covering

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UAE’s Al-Futtaim to Take Strategic 49.95% Stake in Saudi Retail Giant Cenomi

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UAE’s Al-Futtaim to Take Strategic 49.95% Stake in Saudi Retail Giant Cenomi RIYADH — Emirati conglomerate Al-Futtaim has agreed to acquire a 49.95 percent stake in Saudi Arabian retail franchiser Cenomi Retail, in a transaction valued at more than 2.5 billion Saudi riyals ($667 million), marking one of the largest cross-border retail investments in the

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KLM Restarts Flights to Israel, UAE and Saudi Arabia After Middle East Review

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KLM Restarts Flights to Israel, UAE and Saudi Arabia After Middle East Review AMSTERDAM — Dutch airline KLM has announced the resumption of flights to several Middle Eastern destinations, including Israel, the United Arab Emirates, and Saudi Arabia, following a reassessment of regional security conditions. In a statement issued late Saturday, KLM said it will

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Saudi Crown Prince, Turkish President Erdogan Hold Strategic Talks in Riyadh

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Saudi Crown Prince, Turkish President Erdogan Hold Strategic Talks in Riyadh Saudi Crown Prince Mohammed bin Salman met with Turkish President Recep Tayyip Erdogan at Al Yamamah Palace in Riyadh on Tuesday, as the two countries moved to deepen cooperation across energy, defense, and regional security. According to the Saudi Press Agency, the Crown Prince

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Saudi Arabia Unveils $2bn Renewable Energy Investment to Power Turkey’s Solar Expansion

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Saudi Arabia Unveils $2bn Renewable Energy Investment to Power Turkey’s Solar Expansion Saudi Arabia has announced plans to invest around $2 billion in large-scale solar power projects in Turkey, marking the first phase of a broader bilateral agreement aimed at expanding renewable energy production between the two countries. Under an intergovernmental agreement signed in Riyadh

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Saudi Crown Prince and Putin Reaffirm Energy Cooperation in High-Level Call on Global Stability

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Saudi Crown Prince and Putin Reaffirm Energy Cooperation in High-Level Call on Global Stability Saudi Crown Prince Mohammed bin Salman held a telephone conversation on Tuesday with Russian President Vladimir Putin, during which the two leaders reviewed bilateral relations and discussed cooperation aimed at maintaining stability in global energy markets. According to the Saudi Press

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Saudi Arabia’s Non-Oil Economy Maintains Momentum as PMI Signals Continued Expansion

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Saudi Arabia’s Non-Oil Economy Maintains Momentum as PMI Signals Continued Expansion RIYADH — Saudi Arabia’s non-oil private sector continued to show strong expansion at the start of 2026, underscoring the resilience of the Kingdom’s economic diversification drive, according to the latest Purchasing Managers’ Index data released by S&P Global. The Riyad Bank PMI, compiled by

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Foreign Buying of Saudi Stocks Hits $1.33bn Ahead of February Rule Change

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Foreign Buying of Saudi Stocks Hits $1.33bn Ahead of February Rule Change RIYADH — Foreign investors made net purchases of approximately SR5 billion ($1.33 billion) in Saudi equities during January, marking the strongest monthly inflows since 2022 and underscoring rising global confidence ahead of a major regulatory shift in the Kingdom’s capital markets. The surge

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Finance Minister Announces Launch of National Privatization Strategy

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Finance Minister Announces Launch of National Privatization Strategy RIYADH — Saudi Arabia’s Minister of Finance and Chairman of the National Center for Privatization Mohammed bin Abdullah Al-Jadaan has announced the launch of the Kingdom’s National Privatization Strategy, marking a new phase in the country’s economic reform agenda. Al-Jadaan said the Council of Economic and Development

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Saudi Arabia Leads GCC Markets in January: Kamco Invest

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Saudi Arabia Leads GCC Markets in January: Kamco Invest RIYADH — Saudi Arabia led equity market gains across the Gulf in January, as regional bourses outperformed most global benchmarks on the back of earnings optimism and strong non-oil growth expectations, according to a new analysis by Kamco Invest. In its latest report, Kamco Invest said

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