Saudi Arabia
Saudi Arabia's Red Sea Global unveils Shura Island luxury tourism destination
Saudi Arabia's Red Sea Global opens Shura Island luxury destination with SLS, EDITION and InterContinental hotels plus first island golf course as Vision 2030 milestone.
Extreme poverty falling steadily – OWID
To track progress towards ending extreme poverty, the United Nations relies on World Bank estimates of the number of people living below a poverty threshold called the “International Poverty Line” (IPL), Our World in Data (OWID) reports.
Indonesia uncovers over $60mn in Hajj quota corruption
The Corruption Eradication Commission has intensified its investigation into alleged corruption surrounding Indonesia’s 2023–2024 Hajj quota.
Electric flying taxis to launch in Saudi Arabia within two years
Austrian firm FlyNow Arabia plans electric helicopter services in Saudi Arabia starting 2027, targeting urban transport with €350,000 aircraft offering zero emissions and 55-decibel noise levels.
Xi pitches an equitable “multipolar” world order leveraging Global South “mega-markets power” at SCO summit
Chinese President Xi Jinping and Russian President Vladimir Putin called on Global South leaders to leverage their "mega-scale market" and strive for a new equalitarian multipolar world order at the SCO summit in China.
The Shanghai Cooperation Organization is coming of age
More than two and half decades after it was founded as a regional security organization to secure porous borders in the depths of Central Asia, the Shanghai Cooperation Organization (SCO) is coming of age as it expands its reach and agenda.
US EPA’s controversial Climate Crisis report is full of lies and mistakes
The US Environmental Protection Agency (EPA) released a controversial report in July claiming the effects of the Climate Crisis were overblown. A fact check by Carbon Brief found it is full of lies and errors.
Mapping global drought risk - Statista
By 2050, more than 1.6bn people, including almost 20% of the African population, will be exposed to severe and extreme droughts, if a pessimistic scenario plays out, according to a report by INFORM Climate Change.
Forest carbon credits are facing a reckoning over albedo risks
Planting trees should reduce the amount of CO₂ in the atmosphere right? Well, its not so easy as that. Trees also provide shade and prevent sunlight from reaching the ground that could reflect it back into space, cooling the plant.
Saudi Arabia records lowest inflation in five months at 2.1% in July
Saudi Arabia reports lowest inflation in five months at 2.1% in July as housing rent increases moderately following the Crown Prince's real estate balance measures.
Saudi competition authority warns of artificial intelligence impact on pricing and fair competition
Saudi competition authority warns AI could facilitate anti-competitive practices including collusion and personalised pricing, working with SDAIA to embed fair competition principles in AI legislation.
Saudi Arabia to partner with Russia at St Petersburg economic forum marking diplomatic centenary
Saudi Arabia will serve as the guest country at the St Petersburg International Economic Forum 2026, scheduled from June 3 to June 6, coinciding with the centenary of diplomatic relations between Saudi Arabia and Russia.
Saudi Arabia to partner with Russia at St Petersburg economic forum marking diplomatic centenary
Saudi Arabia will serve as the guest country at the St Petersburg International Economic Forum 2026, scheduled from June 3 to June 6, coinciding with the centenary of diplomatic relations between Saudi Arabia and Russia.
Kuwait establishes KWD50bn investment company targeting Saudi market
Kuwait's government plans to establish an investment company for regional mega-projects, primarily targeting the Saudi market amid the Kingdom's economic boom and major transformational projects under Vision 2030.
US DoE muddies the ClimateCrisis waters with report downplaying the emissions problem
As part of the Trump administration’s attempts to take the Climate Crisis off the agenda, the US Department of Energy has released a report downplaying the impact of fossil fuels on global warming.
Saudi delivery robots reduce time by 50% at Roshn Front
New robots operate using advanced technologies with 20 sensors and six cameras to ensure safe and accurate navigation, equipped with GPS technology and cooling systems designed for Saudi Arabia's climate conditions.
Saudi Flynas expects to carry tourists first on flights to Russia
Saudi Arabian airline Flynas expects to carry primarily tourists on flights to Russia, with the carrier planning to increase frequencies to several Russian regions.
IMF corrects growth forecast upwards – Statista
Despite uncertain market conditions amid the Trump administration's tariff regime and major global conflicts, the International Monetary Fund has upped its global economic growth forecasts for 2025 and 2026 slightly, Statista reported on July 30.
China’s WeRide secures Saudi Arabia's first autonomous driving licence
Chinese autonomous driving technology company WeRide has received Saudi Arabia's first autonomous driving licence for its Robotaxi service.