Tag - saudi

 
 

SAUDI

Men inspect an electric car at a showroom in Riyadh in June. Although the EV market in Saudi Arabia remains small compared with the United States and China, it tripled last year to nearly 800 cars.
BUSINESS / Tech
Jul 25, 2024
EV adoption gathers steam in fossil fuel-rich Saudi Arabia
The kingdom's EV market tripled last year to nearly 800 cars, according to Saudi business news outlet Al-Iqtisadiyah.
A competition at the Esports World Cup in Riyadh on July 4.
MORE SPORTS / esports
Jul 13, 2024
Saudi Arabia to host first Esports Olympics in 2025
Riyadh is already hosting the Esports World Cup in July and August, during which 2,500 gamers are battling for $60 million in prize money.
Renderings of Saudi Arabia's Neom project in the window of a pop-up store
WORLD / Politics
Jul 12, 2024
Saudi prince’s trillion-dollar makeover faces funding cutbacks
Crown Prince Mohammed Bin Salman, is close to completing a sweeping review of megaprojects.
Masahiko Kato, president and chief executive officer of Mizuho Bank
BUSINESS / Companies
Jul 3, 2024
Mizuho seeks to back more strategic deals by Japan’s mid-caps
Though companies such as automakers grab the attention of global investors, smaller firms dominate in terms of the number of companies in Japan.
Muslim pilgrims use umbrellas to shade themselves from the sun as they arrive at the base of Mount Arafat, also known as Jabal al-Rahma or Mount of Mercy, during the annual hajj pilgrimage, on June 15.
WORLD
Jun 28, 2024
Climate change boosted deadly Saudi Hajj heat by 2.5 degrees, scientists say
The heat would have been approximately 2.5 degrees Celsius cooler without the influence of human-caused climate change, according to a team of European scientists.
Muslim pilgrims pray as sprinklers cool them down amid extremely hot weather during the annual Hajj pilgrimage in Mina, Saudi Arabia, on June 16.
WORLD
Jun 24, 2024
Saudi Arabia says 1,301 deaths during Hajj were mostly unregistered pilgrims
Temperatures in Mecca this year climbed as high as 51.8 degrees Celsius, according to Saudi Arabia's national meteorological center.
Muslim pilgrims shade themselves from the sun as they arrive at the base of Mount Arafat during the annual Hajj pilgrimage in Saudi Arabia on June 15.
WORLD
Jun 23, 2024
Egyptian Hajj death toll rises to 672 amid intense heat
A crisis unit tasked with investigating the situation said on Saturday it has suspended licenses of 16 tourism companies and referred them to the public prosecutor.
Muslim pilgrims use umbrellas to shade themselves during the annual Hajj pilgrimage, on Saturday.
ENVIRONMENT / Climate change
Jun 21, 2024
Deadly heat waves mark Northern Hemisphere's first day of summer
Record temperatures in recent days are suspected to have caused hundreds, possibly thousands, of deaths across Asia and Europe.
A man affected by the scorching heat is helped by a member of the Saudi security forces as Muslim pilgrims arrive in Mina, near Saudi Arabia's holy city of Mecca, on June 16.
ENVIRONMENT / Climate change
Jun 20, 2024
Climate change threat hangs over Hajj as hundreds perish in heat
More than 500 people have died during this year's pilgrimage, according to a tally based on foreign ministry statements and sources.
This proliferation of American alliances is not tangential, but central to the foreign policy of U.S. President Joe Biden.
COMMENTARY
Jun 12, 2024
America has many allies. Maybe too many.
This proliferation of American alliances is not tangential, but central to the foreign policy of President Joe Biden.
Pilgrims circle Kaaba as they perform Tawaf at the Grand Mosque, ahead of the annual Hajj pilgrimage, in Mecca, Saudi Arabia, on June 11.
WORLD / Society
Jun 12, 2024
Gaza war hangs over Hajj as pilgrims flock to Mecca
Saudi Arabia's minister in charge of religious pilgrimages warned last week that "no political activity" will be tolerated.
From left: Promoter Frank Warren, fighter Anthony Joshua and Saudi official Turki al-Sheikh attend a fight between Dmitry Bivol and Malik Zinad in Riyadh on June 1.
MORE SPORTS / Boxing
Jun 12, 2024
Saudi Arabia wealth fund holding talks to create boxing league, sources say
PIF is looking to invest in a joint venture with some of the sport's stakeholders that would feature more boxing bouts.
Israeli Minister Benny Gantz addresses the media after his ultimatum to withdraw his centrist party from Prime Minister Benjamin Netanyahu's emergency government expired, in Ramat Gan, Israel, on Sunday.
WORLD / Politics
Jun 10, 2024
Gantz quits Israel government while U.S.-Saudi deal moves forward
The treaty would commit the U.S. to helping defend Riyadh as part of a deal aimed at encouraging Saudi-Israel diplomatic ties, The Wall Street Journal reported.
A Saudi Aramco logo outside an oil storage tank at the Juaymah tank farm at the firm's Ras Tanura oil refinery and terminal at Ras Tanura, Saudi Arabia, in October 2018
BUSINESS / Markets
Jun 10, 2024
Saudis said to hand about 60% of Aramco offer to foreign investors
The firm's stock sale generated strong demand from the U.S. and Europe, sources said.
Participants attend the official opening of the St. Petersburg International Economic Forum (SPIEF) in St. Petersburg, Russia, on Thursday.
WORLD / Politics
Jun 7, 2024
Amid war, Putin looks east from Russia's window to Europe
Russia is pitching its $2 trillion economy to giants such as China and Saudi Arabia at its premier investment forum in St. Petersburg.
In a boon to Saudi Arabia's government, which is seeking to fund a massive economic transformation plan, Saudi Aramco’s $12 billion share sale sold out shortly after the deal opened on Sunday.
BUSINESS / Markets
Jun 3, 2024
Saudi Aramco’s $12 billion stock offer sells out in hours
The extent of foreign participation will be closely watched as an indicator of interest in Saudi Arabia's assets.
Nawaf Al-Osimy, chief technical officer of the Jazlah Water Desalination plant, which draws vast quantities of water from the Persian Gulf and makes it drinkable, in Jubail, Saudi Arabia, on March 4.
ENVIRONMENT / Energy
May 30, 2024
Saudi Arabia eyes a future beyond oil
The kingdom is trying to juggle its still-vital petroleum industry with alternative energy sources like wind and solar as it faces pressure to lower carbon emissions.
Chinese President Xi Jinping at the first China-Arab States forum in Riyadh in 2022
WORLD / Politics
May 29, 2024
Xi hosts Arab leaders as China-Mideast ties widen beyond trade
As the administration of U.S. President Joe Biden backs Israel in its war in Gaza, China sees eye-to-eye with Arab nations.
Flag-bearers Tahani Alqahtani and Husein Alireza of Saudi Arabia lead their contingent during the athletes parade at the opening ceremony of the Tokyo Olympics in July 2021.
OLYMPICS
May 21, 2024
Ambitious Saudis look to homegrown talent for future Olympic success
Saudi Arabia will need more than the 33 athletes it sent to the Tokyo Olympics if it wants to host the Summer Games.
U.S. White House National Security Advisor Jake Sullivan speaks during a news briefing at the White House in Washington on April 24.
WORLD / Politics
May 21, 2024
U.S. and Saudi Arabia nearing deal on defense pact, White House says
The deal offers Riyadh access to advanced U.S. weaponry, potentially including F-35 fighter jets and artificial intelligence, in return for limiting ties with Beijing.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?