The president's remarks follow an announcement by Saudi Arabia's Crown Prince that the kingdom will invest $600 billion in the US.
Saudi Arabia has expressed its support for maintaining stability in the global oil market, despite U.S. President Donald Trump urging the Middle Eastern nation to lower oil prices. When asked about Donald Trump’s proposal during an appearance at the Davos forum in Switzerland,
U.S. President Donald Trump on Thursday said he will demand Saudi Arabia and OPEC bring down the cost of oil and will ask Riyadh to increase a planned U.S. investment package to $1 trillion from an initial reported $600 billion.
Aligned with Saudi Arabia’s forward-thinking tourism strategy, the Ministry of Tourism also launched the "Hospitality Investor White Paper" during the forum, aiming to attract US$11 billion in private investments, contribute US$4 billion to GDP, and create 1.6 million jobs by 2030. (US$1=RM4.37)
Switzerland (Reuters) - Saudi Arabia's foreign minister said on Tuesday he did not see Donald Trump's new administration increasing the risk of an Israel-Iran conflict, addressing an issue the region has feared since the start of Israel's war in Gaza.
Saudi Arabia’s membership in the BRICS bloc of emerging economies is still being assessed more than a year after the kingdom was invited to join the alliance, according to the country’s minister of economy and planning.
Travel and tourism builds diversified and resilient economies”: Saudi Arabia Minister of Tourism, HE Al-Khateeb, tells WEF Annual Meeting in Davos
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, chaired the Cabinet session held today in Riyadh. At the outset of the session, HRH the Crown Prince briefed the Cabinet on the phone call he held with President Donald J.
President Donald Trump is emphasizing that targeting Russia’s oil revenue is the best way to get Moscow to end its nearly three-year war against Ukraine.
On January 27, Italian Prime Minister Giorgia Meloni said Italy is in favor of Saudi Arabia joining the Global Combat Air Program (GCAP), according to the Italian Prime Minister’s Office. Italy, Japan, and the U.K. launched the GCAP in December 2022 with a goal of deploying the next-generation fighter by 2035.
"Come make your product in America and we will give you among the lowest taxes of any nation on earth ... But if you don't make your product in America, which is your prerogative, then very simply you will have to pay a tariff," Trump said.
Matternet, the developer of the world’s leading urban drone delivery system, today announced that the company has been approved by The Kingdom of Saudi Arabia to operate its M2 drone within the