Lucid CEO steps down, company expects to more than double vehicle production this year

Electric vehicle maker Lucid Group said on Tuesday that Peter Rawlinson, its CEO for over 5 years, is stepping down from the role, and forecast its vehicle production will more […]
Saudi Arabia raises $2.36bn in euro bonds, including inaugural green tranche

Saudi Arabia has raised €2.25 billion ($2.36 billion) through a euro-denominated bond sale, including its first green tranche, as part of its Global Medium-Term Note Issuance Program. In a press […]
HRH Crown Prince Receives Russian Direct Investment Fund Chief

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of the Kingdom of Saudi Arabia, received at his Al-Yamamah Palace office Russian Direct […]
HRH the Crown Prince Chairs Cabinet Session

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, chaired the Cabinet session held here today. HRH the Crown Prince briefed the Cabinet […]
Upon HRH the Crown Prince’s Directives, Riyadh Hosts Russia-US Talks

Upon directives from His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, Riyadh today hosted talks between the Russian Federation and the United […]
HRH the Crown Prince Congratulates President of The Gambia on Independence Day

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, has sent a cable of congratulations to President of the Republic of The Gambia […]
Saudi crown prince discusses regional developments with French President Macron

Saudi Arabia’s Crown Prince Mohammed bin Salman received a phone call from French President Emmanuel Macron on Sunday, Saudi Press Agency reported. During the call, areas of joint cooperation and […]
Saudi Arabia emerging as an economic ‘powerhouse,’ says top IMF official

Saudi Arabia’s role in the international financial system is growing, solidifying its position as an emerging economic “powerhouse,” according to a senior executive. In an interview with Arab News on […]
China’s central bank governor highlights key challenges for emerging markets at AlUla conference

Emerging market economies are facing escalating challenges, including geopolitical tensions, sluggish global growth, financial volatility, and increasing public debt, according to the governor of the People’s Bank of China. Speaking […]
Ministers urge fiscal discipline, smart investment to tackle debt challenges at Saudi forum

Effective debt restructuring requires a thorough understanding of its root causes, said the Russian finance minister at the AlUla Conference for Emerging Market Economies. Speaking during a panel titled “High […]