Turkey’s government is hoping to reach a $6 billion defense deal with Saudi Arabia that could see the kingdom buy warships, tanks and missiles, according to Turkish officials familiar with the matter.
Italy has signed cooperation and industrial agreements worth around $10 billion with Saudi Arabia as part of a strengthened strategic partnership between the two countries, Italian Prime Minister Giorgia Meloni said on Sunday.
Saudi Arabia's market regulator said on Monday it would allow foreign investment in listed companies that own real estate within Islam's two holiest sites of Mecca and Medina, as the Gulf country looks to attract more investment.
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The visit by Turkey's top diplomat aimed to strengthen regional cooperation on Syria and enhance defense ties between Ankara and Riyadh.
Saudi Arabia is expected to significantly raise its official selling prices for crude oil to Asia in March due to tightening supply and rising benchmark prices.
Saudi Gazette on MSN1h
98% of 2.3mln court sessions in Saudi Arabia were held remotely in 2024The number of judicial sessions held during the last year reached more than 2.3 million sessions RIYADH — There has been a remarkable positive development in the performance of courts in Saudi Arabia during the year 2024 featuring a radical electronic transformation.
Saudi Arabia said it will begin allowing foreigners to invest in publicly-traded companies owning real estate in the holy cities of Makkah and Madinah as the kingdom looks to draw in more overseas investment.
Saudi workers adjust the new Kiswa, the protective cover that engulfs the Kaaba which is made from black silk and gold thread and is embroidered with Quran verses, in Saudi Arabia's holy city of Mecca, on 6 July 2024 (Abdel Ghani Bashir/AFP)
They could name a stand in a stadium after him, or print his picture on tickets for the public. His sacrifice should be valued'
Saudi Arabia​'s crown prince told President Trump in a call that the kingdom intends to invest $600 billion in the U.S. over the next four years.
Italian insurer and export credit agency Sace said Sunday that it signed five accords worth $6.6 billion in Saudi Arabia.
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