In sweeping UN speech, Saudi FM demands end to Gaza genocide, lays out vision for regional peace
Saudi Arabia’s foreign minister on Saturday called for immediate global intervention to stop the genocide in Gaza, defended the multilateral system, and outlined the Kingdom’s strategy for regional stability, environmental sustainability and economic growth. Prince Faisal bin Farhan told the 80th UN General Assembly that Saudi Arabia’s “is proud to be a founding member of […]
Saudi Arabia’s FDI net inflows rise 14.5% in Q2
Saudi Arabia’s foreign direct investment net inflows climbed 14.5 percent year on year to SR22.8 billion ($6.1 billion) in the second quarter, signaling a steady appetite for the Kingdom’s reform-driven economy. The figure, released by the General Authority for Statistics, compared with SR19.9 billion a year earlier. On a quarterly basis, net inflows dipped 3.5 […]
Saudi AUM hits record $295bn, on track for $500bn by 2030: S&P Global
Saudi Arabia’s asset management industry grew 12 percent annually from 2015 to 2024, with total assets reaching nearly $295 billion by the first quarter of 2025, according to S&P Global. In its latest analysis, the credit rating agency noted that the Kingdom’s asset management sector is set to maintain its upward trajectory, supported by robust […]