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Saudi Arabia’s Public Investment Fund, PIF, has opened three new subsidiary companies’ offices in London, New York and Hong Kong in line with its global expansion plans, reports say. The fund in a statement indicated that new subsidiary companies’ offices Read more
The Saudi capital, Riyadh has ranked 14th most ambitious city in the world for entrepreneurs per a study run by UK-based card payment provider, Dojo, Zawya reports. Riyadh garnered 328 out of 500 after it saw 12,116 new businesses registered Read more
Saudi Arabia and Germany Tuesday agreed on the sidelines of the UN General Assembly in New York to turn the page of dispute and to bolster cooperation. Both countries fell apart following November remarks by then German Foreign Minister, Sigmar Read more
French President Emmanuel Macron Tuesday said allowing Iran to sell oil will be good for peace and will bring down oil price, few weeks away from expected U.S. sanctions on Iran oil. “It would be good for Iran to be Read more
Over 150 passengers travelling on the Lebanese national carrier Sunday were forced to disembark because the country’s president needed the plane for his trip to New York for the United Nations General Assembly, reports say. Travelers on the Beirut-Cairo route Read more
Qatar’s Katara Hospitality has emerged as the new owner of New York’s palace-like Plaza Hotel after it splashed out around $600 million on the property near Central Park. Hotel owner, India’s Sahara Group agreed to let to property to the Read more
German national, Klaus Kleinfeld has been named advisor to the Crown Prince Mohamed bin Salman on ‘enhancing the economic, technological and financial development” of the kingdom, leaving his current position of Chief Executive Officer of the development of the Saudi Read more
Saudi billionaire and international investor Prince Al Waleed has entered competition to buy New York famous Plaza Hotel as his investment company, Kingdom Holding, and New York-based Ashkenazy prepare an offer after they exercised the right of first refusal over Read more
Dubai-based airline Emirates announced Monday it would cut down its flights to New York temporarily, starting from June 4, reports say. Instead of three daily flights to New York’s JFK, the airline would service two flights, starting June 4 until Read more
The Iranian Armed Forces held a military parade on Wednesday to commemorate the Sacred Defense Week marking the beginning of their war with Iraq in 1980. The highlight of the event was the unveiling of Zolfaqar, a new long-range ballistic Read more