Mohammed bin Salman

In a significant move, Saudi Aramco has announced an $11.2 billion stock sale, marking the largest global offering in three years. The proceeds will be channeled into Saudi Arabia’s ambitious economic overhaul. What Happened: The Saudi government is set to sell nearly 1.55 billion shares at...

Saudi Crown Prince Mohammed bin Salman has postponed his scheduled trip to Japan due to concerns over the health of his father, King Salman Bin Abdulaziz. What Happened: The Crown Prince’s visit, which was set to take place from May 20 to May 23, has been postponed, Bloomberg reported. This...

Saudi Arabia’s Crown Prince Mohammed bin Salman is set to visit  U.S. Asian ally Japan later this month, which is expected further to strengthen the economic relationship between the two countries. What Happened: The Crown Prince, who is the de facto ruler of Saudi Arabia, will be in Japan...

The U.S. government and Saudi Arabia are reportedly on the brink of sealing a security pact, despite ongoing Middle East conflicts and the absence of an Israel-Saudi normalization agreement. What Happened: Seven sources privy to the matter have revealed that the proposed pact encompasses U.S....

Saudi Arabia has confirmed that the NEOM megaprojects will proceed as initially planned, despite previous reports suggesting a potential scaling back of the futuristic desert development. What Happened: The Kingdom’s economy minister, Faisal Al Ibrahim, dismissed earlier reports of a...

In a strategic move that could reshape the aviation landscape of the Middle East, Saudi Arabia’s sovereign wealth fund, led by Crown Prince Mohammed bin Salman is reportedly in talks to acquire the kingdom’s national airline, Saudia. What Happened: The Public Investment Fund (PIF), with...

The Saudi Arabian Public Investment Fund (PIF) is contemplating an increase in bond sales and IPOs to finance the ambitious economic transformation project spearheaded by Crown Prince Mohammed bin Salman. What Happened: The PIF is considering a surge in debt sales or bank loans to finance the...

The ambitious development projects in Saudi Arabia are straining the country’s finances, leading to unprecedented borrowing and potential stock sales in its crown jewel, Saudi Aramco. What Happened: Saudi Arabia has been embarking on a series of high-profile projects, including a $500...

In a groundbreaking move, Saudi Arabia is set to open its first-ever alcohol store in the capital city of Riyadh. The store will exclusively cater to non-Muslim diplomats, marking a significant shift in the traditionally conservative Muslim country. What Happened: The store, located in the...

The U.S. President, Joe Biden, and Saudi Crown Prince, Mohammed bin Salman, are actively working together to curb the expansion of the ongoing Israel-Hamas conflict, the White House announced. The Hill reported that President Biden and the Crown Prince held a discussion on Tuesday,...

Saudi Crown Prince Mohammed bin Salman insists that all parties involved in the assassination of journalist Jamal Khashoggi are currently behind bars. This statement comes ahead of the five-year remembrance of the journalist’s murder, The Hill reported. In a rare...

Sen. Lindsey Graham (R-S.C.) encouraged former President Donald Trump to support a significant deal President Joe Biden is negotiating with Saudi Arabia. What Happened: The comprehensive deal by the Biden administration could involve a U.S.-Saudi defense treaty, needing support from two-thirds of...

Democratic Congressman Jamie Raskin is urging the House Oversight Committee to inspect Donald Trump‘s son-in-law Jared Kushner’s financial dealings, particularly his $3 billion private equity fund, Affinity Partners, Business Insider reported. Raskin has...

A Saudi court has pronounced a death sentence on a man for his social media posts on Elon Musk-owned X platform — formerly known as Twitter — marking the severe intensification of a crackdown on dissent, sparking international condemnation. As per AP News, the judgment against Mohammed bin Nasser...

A man in Saudi Arabia has been given a death sentence for his criticism of the national leadership via X, formerly known as Twitter, as reported by NPR. The man, Muhammad al-Ghamdi, is a father of seven and a retired teacher. He ran two anonymous accounts on the platform where he shared...