Tag Archives: Saudi

Cristiano Ronaldo is living just how you’d expect a guy making $75 million a year would live: in absolute luxury. The soccer star, whose previous net worth of $500 million has shot up even more since joining the Western Asian team, Al-Nassr, is staying at the Four Seasons Hotel in Riyadh’s Kingdom Tower — known as one of the tallest …

Image credit: Supplied Abdullah Abdulaziz AlDaij, the founder and CEO of Munjz walks Gulf Business through his platform’s transformative journey that follows Saudi Arabia’s growth story as the kingdom’s built sector competes at the global level. Q. What was the inspiration that drove you to set up Munjz? The inspiration behind Munjz comes from recognising the inefficiencies in the traditional …

Tunisia reached a preliminary deal with the International Monetary Fund a year ago on a $1.9 billion loan program, but 12 months later it has yet to receive any money and seems unwilling to implement the reforms needed to do so. While analysts say the North African nation can manage without IMF support in the short-term, they are much less …

Egypt’s real estate developers consider expansion in foreign markets, especially Saudi Arabia, in search of investment and profit opportunities in light of unstable economic conditions that the Egyptian economy suffers from. Some major real estate companies expressed their interest in investing in the Saudi real estate market, in conjunction with the investment boom taking place in Saudi Arabia and the …

“This is not about the foreign-owned business,” Hobbs said. “This is about protecting Arizona’s groundwater and getting the best value of the land for the beneficiaries.” Gov. Katie Hobbs on Tuesday defended the decision to strip a Saudi company of its right to lease state land to farm alfalfa for export — and get the water underneath it free — …

PIF creates Al Balad Development Co. to boost historic Jeddah area RIYADH: The Public Investment Fund has established a new company to develop the historic Jeddah district of Al Balad into a global tourist destination. Al Balad Development Co. will work to improve the infrastructure of the region, supervise the restoration of historical buildings in the area, and develop service …

RIYADH: Real estate has been considered one of the safest bets for investors globally and thanks to the Public Investment Fund, Saudi Arabia is now able to offer a sizable portfolio to the world. The opportunities are amplified by real demand in a swiftly expanding market that is providing some of the best returns on investments in the region and …

WASHINGTON: President Joe Biden gathered other world powers Tuesday to coordinate on Ukraine as it battles Russia in a war now almost 20 months long — a deliberate show of US support at a time when the future of its aid is entangled with a volatile faction of House Republicans who want to cut off money to Kyiv. The phone …