Saudi defense minister meets senior US officials in Washington
Saudi Defense Minister Prince Khalid bin Salman met with US Secretary of State Marco Rubio at the State Department on Tuesday. The pair reviewed Saudi-US relations and the shared vision of both nations. They discussed their nations’ common vision to “overcome shared challenges and promote international peace and security,” the minister wrote on social media […]
New Riyadh Metro station opens to the public
A new station on the Riyadh Metro opens to the public at 6 a.m. on Wednesday morning. The Royal Commission for Riyadh City said Qasr Al-Hokm is one of four key stations in the Metro network, serving as a vital hub linking the Blue and Orange lines with the city’s bus services. The stop is […]
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 than double this year, sending the company’s shares up 10 percent in extended trading. Through his 12-year tenure as part of the top brass at […]
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 statement, the Kingdom’s National Debt Management Center said the offering, split into two tranches, saw an oversubscription of four times the issuance size, attracting around […]