The Saudi-based International Islamic Trade Finance Corporation (ITFC) will lend debt-ridden Tunisia 1.2 dollars to help state firms import raw material, Tunisia’s economy ministry said in a statement Monday. The loan, payable over three years, will enable Tunisian state-owned companies to help cover the cost of imports such as “crude oil and petroleum products”, according
Bigwigs behind a Saudi megacity dogged by questions about its viability have wrapped up a tour courting Chinese investors, detailing plans for a futuristic ski resort and 170-kilometre-long skyscrapers. The roadshow for NEOM, brainchild of de facto ruler Crown Prince Mohammed bin Salman, travelled from Beijing to Shanghai to Hong Kong, where for two days
Saudi Arabia’s government is trying to transform its capital city of Riyadh into an AI hub. AFP via Getty Images When Saudi communications minister Abdullah Al Swaha took the stage of the Leap tech conference in Riyadh in February to boast of the kingdom’s tech ambitions, a centerpiece of the pitch was an accelerator intended