Saudi sovereign wealth fund pivots focus back home to fuel Vision 2030

Saudi Arabia’s PIF refocuses its strategy, pivoting from global assets to domestically driven projects in line with Vision 2030. The fund’s recalibration aligns with the kingdom’s economic diversification goals amid global fiscal shifts.

Shehbaz Sharif meets MbS in Riyadh as keynote guest for ‘Davos in the Desert’

Pakistani prime minister Shehbaz Sharif is currently on the move in Saudi Arabia, strengthening Pakistan-Saudi ties with Crown Prince Mohammad bin Salman during Riyadh’s Future Investment Initiative.

Herve Renard in as Saudi head coach for redux of Saudi football’s pivotal era

Herve Renard returns as Saudi Arabia’s head coach to reshape national football and prepare for both the 2026 World Cup and Saudi Arabia’s 2034 hosting ambitions.

UBS advises GCC investors secure wealth with bonds, gold to mitigate regional risks

GCC investors should consider high-grade bonds and global diversification of assets—with hedges in gold—to mitigate rising regional geopolitical risks posed in the Middle East, advises Swiss investment bank UBS.

Saudi Arabia tests hydrogen-powered taxis in green shift

Saudi Arabia pilots hydrogen taxis, a move towards emission-free, sustainable urban mobility aligning with Vision 2030.

Saudi Arabia ramps up agricultural output with $10bn inflow to private sector FDI

Saudi Arabia secures $9.8B private investment to drive agriculture growth under Vision 2030, with tech and sustainability focus. Incentives like loans and infrastructure improvements will enhance food security in the Kingdom.

Financiers flock to Riyadh for ‘Davos in the Desert’ FII conference

Financiers will gather in Riyadh from October 29 to 31 for Saudi Arabia's 8th Future Investment Initiative. Vision 2030 needs urgent foreign investment amidst tighter budgets, as Saudi eyes foreign investment.

Saudi Arabia secures over $2bn through multi-tranche sukuk offering

Saudi Arabia raises SAR 7.8 billion from a multi-tranche sukuk issuance, continuing its commitment to Islamic finance. The issuance spans five tranches with the largest maturing in 2039.