Saudi Arabia unveiled new military base south Riyadh

The Saudi Minister of the Saudi National Guard Prince Abdullah bin Bandar, on Monday, inaugurated the National Guard Air Base in Dirab, south of the capital, Riyadh, Arabe News reports citing the ministry. The base, according to the President of Read more

Saudi Arabia sets up first private equity fund to develop tourism

Tourism Development Fund (TDF), Saudi Arabia’s fund for tourism development, has agreed with investment solutions firm Derayah Financial to establish a SR100 million ($26 million) private close-ended equity fund – first private equity fund focused on tourism, reports say. The Read more

Arab Gulf Countries Reaffirm Steadfast Support to Moroccanness of Sahara

Gulf Cooperation Council (GCC) leaders have reiterated their unwavering support to Morocco’s territorial integrity and sovereignty over its entire Sahara territory. In their joint statement issued Tuesday following the 42nd Session of the GCC Supreme Council held in Riyadh, the Read more

Saudi Arabia to host in February world’s largest tech event

The kingdom of Saudi Arabia will host in February 2022, the largest technology event ever, LEAP, with global experts expected in the attendance. Set to take in Riyadh Feb.1-3, LEAP according to organizers, is set to become a global platform Read more