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A potential Olympic bid and a new airline for Saudi Arabia - this week’s business headlines from the Middle East

This week saw an Olympic bid from Qatar, a new low-cost airline for Saudi Arabia and a major retail deal from the UAE.

Al Ittihad Sporting Director Believes Vinicius Jr. is Key to Transfer Explosion in Saudi Arabia

Vinicius Jr. has seen his name consistently linked with a big-money move to the Saudi Pro League from Real Madrid. It would ...
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Saudi Arabia confirms full compliance with voluntary OPEC+ output target, ministry says

According to the government, Saudi Arabia affirms its adherence to the voluntary OPEC+ output target. There is full ...

Antony’s agent confirms he is “open” to blockbuster switch to Saudi Arabia

Manchester United may be set to receive a much-needed boost to their transfer budget this summer after Antony’s agent ...

How Saudi Arabia’s Crown Prince Consolidated Power—And What That Means for the World

In her new book, Karen Elliott House chronicles Mohammed bin Salman's rise and his vision of economic transformation.

Saudi Arabia’s ambitious $500B ‘The Line’ development is getting a reality check — and going under a microscope

A unit of the country’s public investment fund tapped consulting firms to take a look at plans for The Line, with a likely ...
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Saudi Arabia was top buyer of Russian fuel oil in June, data shows

Saudi Arabia was the top destination for Russian seaborne fuel oil and vacuum gasoil (VGO) exports in June as the hot summer ...

Real Estate: Saudi Arabia Is About To Open Up For Outsiders

Saudi Arabia is going to open up to foreign ownership of real estate in 2026. Foreign investors will be able to buy property ...

Tragic Road Accident in Saudi Arabia Claims Lives of Pakistani Umrah Pilgrims

A devastating traffic accident in Saudi Arabia has claimed the lives of seven Pakistani Umrah pilgrims, all from the same ...