Saudi Arabia has a big plan for 2026. They need to borrow a lot of money. The finance minister has approved this plan. The country needs about 217 billion riyals. That is around $57. 86 billion. This money will help cover a budget shortfall and pay back some old debts. Saudi Arabia is the world's t
Saudi Arabia is making a big move to become a major player in the world of entertainment. Qiddiya City, a massive project, is set to open its doors with Six Flags and a waterpark called Aquaarabia. This is all part of a bigger plan called Vision 2030, which aims to shift the country's economy away f
Pharmaceutical giants are making headlines again, but this time, it's not about new drugs. Merck and eight other big players have joined Pfizer, Lilly, and Novo in signing Most Favored Nation (MFN) deals. These agreements aim to make medicines more affordable by tying drug prices to the lowest price
Pharmaceutical stocks have been overlooked for years. But now, AI is changing the game. It can speed up drug development. This could cut the time from 15 years to just 6. That's big news for the industry. Two companies stand out. Becton Dickinson (BDX) and the BlackRock Health Sciences Fund (BME).
Saudi Arabia's money is making big waves in Hollywood. Recently, the kingdom's sovereign wealth fund stepped in to help finance a massive takeover bid for Warner Bros. Discovery. This isn't the only big move they've made. They've also shown interest in buying out Electronic Arts, a major gaming comp
Saudi Arabia just wrapped up a major event called MOMENTUM 2025. It was a big deal for the country's future. Over three days, they signed 45 agreements worth a whopping 6 billion SAR. These deals are not just about money. They are about making things better for small businesses, tourism, culture, jo
Saudi Arabia has long been known for its strict alcohol ban. So, when word got out that a hidden store in Riyadh started selling whiskey and champagne, it caused quite a stir. This wasn't just any store—it was catering to wealthy foreigners with special residency permits. These permits, called "pre
Saudi Arabia's Public Investment Fund (PIF) recently made headlines with a massive $55 billion deal to acquire EA, the company behind popular games like Battlefield 6 and EA Sports FC. However, this move has raised eyebrows, as reports suggest that the PIF is now struggling to find more money to spe
Saudi Arabia is taking small steps to loosen its grip on alcohol restrictions. Two new stores are in the works, one for Aramco's non-Muslim employees and another for diplomats in Jeddah. This move is part of Crown Prince Mohammed bin Salman's push to modernize the kingdom. The planned store in Dhah
Saudi Arabia's Crown Prince Mohammed bin Salman had a successful visit to the White House. He got most of what he wanted from President Trump. The US and Saudi Arabia made big deals on defense, trade, and technology. This shows how much power the Crown Prince has. He also got the US to drop a key de
