FBR cell flags ‘tax dodgers’ living lavish lifestyles to HQ, RTOs for action

ISLAMABAD: The Lifestyle Monitoring Cell of the Federal Board of Revenue (FBR) has found that certain taxpayers are living a lavish lifestyle but are declaring negligible amounts in their tax returns. The Cell has dispatched the details of more...

Daughter of CIA’s First Master Spy in the Middle East Says Today’s Wars Have Been Triggered by Great Power Competition to Control Oil and Natural Gas

[Source: whowhatwhy.org] Charlotte Dennett is an investigative journalist and lawyer whose father, Daniel Dennett, was considered to be America’s first master spy in the Middle East. As head of counter-intelligence for the Central Intelligence...

L&T bags 'large' power transmission and substation orders in Saudi Arabia

L&T has recently secured several large infrastructure orders in the Middle East.Larsen & Toubro Ltd (L&T) on Wednesday said its Power Transmission and Distribution (PT&D) business has secured new 'large' contracts in Saudi Arabia for the...

PIF, Aramco join forces through HUMAIN to accelerate Saudi Arabia’s AI ambitions

PIF and Aramco signed a non-binding term sheet to combine their artificial intelligence (AI) assets and work jointly through HUMAIN, a PIF-owned company. Under the agreement, Aramco will acquire a significant minority stake in HUMAIN, while PIF...

Saudi Arabia Moves Billions From Neom to AI Investments Backed by Nvidia and Amazon

Saudi Arabia is shifting its focus from its $500 billion Neom project, the futuristic city announced in 2017, to AI-related technology. The change marks a shift away from massive construction projects toward faster-growing industries that offer...

Pakistan-Saudi Arabia ties get further boost: Economic Cooperation Framework to be launched

Pakistan and Saudi Arabia have agreed to launch an Economic Cooperation Framework to strengthen trade and investment ties to boost Islamabad’s economy amid move by the two countriesto expand their partnership following the signing of a defence...

Guyana, Saudi Arabia agree to deepen cooperation in energy, food & infrastructure

Islamic finance industry set for robust growth in GCC

The GCC’s Islamic finance industry is set for robust, resilient growth, with total assets projected to expand at a rate of approximately 10 per cent through 2026, driven primarily by ambitious state-backed economic diversification programmes. S&P...

Saudi’s RSGT Finalizes 30-Year Lease of Djibouti’s Tadjourah Port

The Middle East-based terminal operators continue to expand their footprint in Africa, with governments in the region opening ports to private investors. Last week, Saudi Arabia’s Red Sea Gateway Terminal (RSGT) signed a 30-year concession...

OMO campaign celebrates Saudi life with a laundry hack for families

OMO has revealed its latest campaign to spotlight its latest innovation, a detergent launched for short cycle programmes on washing machines, which intends to cut the laundry chore from 60 minutes to 15 minutes depending on the machines’ quick...

Pakistan-Saudi Cooperation Key to Recovery, Says PM

Published on: October 29, 2025 8:01 AM Prime Minister Shehbaz Sharif said Pakistan-Saudi cooperation offers the best path to recovery instead of relying on more loans. Speaking at the Future Investment Initiative Conference 2025 in Riyadh, he...

Exhibitors praise EV Auto Show for helping to shape Saudi Arabia’s clean-mobility landscape

Exhibitors showcasing their electric vehicles and related tech include BYD. Lucid Motors, Tesla, Sixt, Chery, iCaur and Jaecoo A highlight of the event is the Saudi debut of the Rox Adamas luxury all-terrain SUV, following its global unveiling in...

Ali meets Saudi Crown Prince on advancing bilateral partnership

In Saudi Arabia this week for the 9th Future Investment Initiative, President Dr Irfaan Ali met Crown Prince Mohammed bin Salman Al Saud on Monday where they discussed “strengthening our partnership to ensure material results of potential...

NSG’s NeoMaps delivers Saudi mapping intelligence within hours

Flagship platform developed, hosted, operated in Kingdom by Saudi talent NSG Geospatial Services CEO Abdulaziz Al-Farraj: NSG is building sovereign geospatial and satellite capabilities that directly advance Vision 2030 Ghadi Joudah RIYADH: Public...

US produces more oil than Saudi Arabia and Russia combined: Chevron CEO

L&T wins Rs 2,500 crore - Rs 5,000 crore power transmission & distribution business order in Saudi Arabia

Larsen & Toubro’s Power Transmission & Distribution (PT&D) division on Wednesday said it has bagged large orders for power transmission & distribution business in Saudi Arabia. L&T’s Power Transmission & Distribution (PT&D) division has received...

Dream of Desert ultra-luxury train car unveiled in Riyadh

Arsenale SpA, Italy’s leading company in luxury hospitality and experiential travel, has unveiled the mock-up car of Dream of the Desert, Saudi Arabia’s first ultra-luxury train, at the Future Investment Initiative (FII) in Riyadh. Developed in...

Larsen & Toubro secures nearly Rs 5,000 crore Saudi Arabia power transmission orders

Shares of Larsen & Toubro Ltd (L&T) rose 0.85% on Wednesday, October 29, after the company announced that its Power Transmission & Distribution (PT&D) business has secured multiple large orders worth up to Rs 5,000 crore in Saudi Arabia. The stock...

Gulf investors rush into rare earths as Saudi Arabia and UAE target critical minerals boom

Middle Eastern investors are moving quickly into the rare earth industry as Gulf governments push to expand their roles in critical minerals and reduce dependence on oil, according to CNBC. Mining executives said interest from the region has...

Knowledge Nugget: End of Saudi Kafala system — key insights on modern slavery for UPSC aspirants

Take a look at the essential concepts, terms, quotes, or phenomena every day and brush up your knowledge. Here’s your UPSC current affairs knowledge nugget on the Kafala system.(Relevance: Emigration of workers has been a topic of discussion for...