My Financial News from Riyadh, Saudi Arabia

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Saudi Arabia , Thursday 16 April 2026

News Saudi Arabia Riyadh: Saudi Arabia’s AI venture Humain invests $3bn in Elon Musk’s xAI

Published on: Wednesday 18 February 2026
Saudi Arabia’s AI venture Humain invests $3bn in Elon Musk’s xAI
News source: https://www.ft.com/content/c3b9036e-f385-4b13-9cb0-d12f5848caba

Saudi Arabia’s state-owned AI company Humain has invested $3bn in Elon Musk’s xAI, deepening the partnership between the tech billionaire and the country as it seeks to become a global AI hub.

News Saudi Arabia Riyadh: Saudi Arabia looks forward to welcoming Blinken in near future -ministry

Published on: Thursday 17 March 2022
Saudi Arabia looks forward to welcoming Blinken in near future -ministry
News source: https://www.reuters.com/world/middle-east/saudi-arabia-looks-forward-welcoming-blinken-near-future-ministry-2022-03-18/

Saudi Arabia looks forward to welcoming U.S. Secretary of State Antony Blinken in the near future to strengthen ongoing "positive" discussions, though no meeting has been scheduled yet in Riyadh, an official from the Kingdom's foreign ministry said on Friday.

News Saudi Arabia Riyadh: Saudi Arabia’s Production Capacity Boost Doesn’t Solve Today’s Problems

Published on: Tuesday 22 March 2022
Saudi Arabia’s Production Capacity Boost Doesn’t Solve Today’s Problems
News source: https://oilprice.com/Energy/Energy-General/Saudi-Arabias-Production-Capacity-Boost-Doesnt-Solve-Todays-Problems.html

Saudi Aramco, the world’s largest oil company, has plans to boost its production capacity to 13 million bpd, but that doesn’t solve any of today’s problems.

News Saudi Arabia Riyadh: Saudi Arabia Urges Arab Countries to Join Anti-Corruption Network Effectively

Published on: Tuesday 22 March 2022
Saudi Arabia Urges Arab Countries to Join Anti-Corruption Network Effectively
News source: https://english.aawsat.com/home/article/3548456/saudi-arabia-urges-arab-countries-join-anti-corruption-network-effectively

The Riyadh Initiative (GlobE Network) seeks to achieve the common goals of Arab countries and the interests of developing countries in combating corruption, announced Nasser Abu al-Khail, Assistant Ch ...

News Saudi Arabia Riyadh: Saudi Arabia Seeks to Turn Financial Market into Global Investment Platform

Published on: Tuesday 22 March 2022
Saudi Arabia Seeks to Turn Financial Market into Global Investment Platform
News source: https://english.aawsat.com/home/article/3548741/saudi-arabia-seeks-turn-financial-market-global-investment-platform

Saudi Arabia announced its intention to launch a package of new enhancements to develop the post-trading infrastructure and increase its efficiency. The enhancements are the largest in the history of ...

News Saudi Arabia Riyadh: Saudi cabinet reaffirms support to OPEC+ agreement - state news agency

Published on: Monday 28 February 2022
Saudi cabinet reaffirms support to OPEC+ agreement - state news agency
News source: https://www.reuters.com/business/energy/saudi-cabinet-reaffirms-support-opec-agreement-state-news-agency-2022-03-01/

Saudi Arabia's cabinet reaffirmed on Tuesday its commitment to the OPEC+ agreement of oil exporters supplying an additional volume of 400,000 barrels per day each month to output, Saudi state news agency said.

News Saudi Arabia Riyadh: Saudi Arabia for first time marks its founding, downplaying conservative roots

Published on: Monday 21 February 2022
Saudi Arabia for first time marks its founding, downplaying conservative roots
News source: https://www.msn.com/en-us/news/world/saudi-arabia-for-first-time-marks-its-founding-downplaying-conservative-roots/ar-AAU9zjE

Saudi Arabia held celebrations on Tuesday to commemorate for the first time its foundation nearly 300 years ago, choosing a date that downplays the central role played by clerics from the ...

News Saudi Arabia Riyadh: Saudi's CMA announces reward worth 20% of collected fines to whistleblowers

Published on: Wednesday 02 March 2022
Saudi's CMA announces reward worth 20% of collected fines to whistleblowers
News source: https://www.zawya.com/saudi-arabia/en/markets/story/Saudis_CMA_announces_reward_worth_20_of_collected_fines_to_whistleblowers-SNG_71882538/

The new regulation related with penalties of the law violations and the reward for whistleblowers will come into force from June this year ...

News Saudi Arabia Riyadh: Share of e-payments in Saudi Arabia reaches 57% in 2021, exceeding FSDP target

Published on: Thursday 27 January 2022
Share of e-payments in Saudi Arabia reaches 57% in 2021, exceeding FSDP target
News source: https://www.zawya.com/mena/en/business/story/Share_of_epayments_in_Saudi_Arabia_reaches_57_in_2021_exceeding_FSDP_target-SNG_282646781/

SAMA is working on promoting electronic infrastructure, expanding electronic payment activities and accelerating the electronic transformation of transactions ...

News Saudi Arabia Riyadh: JW Marriott Riyadh GM Juan Samso says Saudi Arabia will lead the way in hospitality

Published on: Monday 17 January 2022
News source: https://www.hoteliermiddleeast.com/saudi-arabia/first-jw-marriott-ksa

The GM talks to us about launching the first JW Marriott in Saudi Arabia. JW Marriott Riyadh GM Juan Samso says Saudi Arabia will lead the way in hospitality. hospitality trends, hotel, news, ...

News Saudi Arabia Riyadh: Thai PM to visit Saudi Arabia as diplomatic relations thaw

Published on: Saturday 22 January 2022
News source: https://www.reuters.com/world/asia-pacific/thai-pm-visit-saudi-arabia-tuesday-saudi-state-tv-2022-01-23/

Thailand's prime minister will visit Saudi Arabia on Tuesday, the Saudi foreign ministry said, in what will be the first high-level meeting between the two countries since a diplomatic row over a ...