Search For Keyword.

Gulf Arab Region

Saudi wealth fund 'shopping spree' belies economic pain

Saudi Arabia's sovereign wealth fund has snapped up around $8 billion worth of stakes in global giants -- from Boeing to Facebook -- in a spree that belies deep and unpopular austerity measures at home. The twin shocks of the novel coronavirus pandemic and a plunge in oil prices have...

First Arab mission to Mars designed to inspire youth

The first Arab space mission to Mars, armed with probes to study the Red Planet's atmosphere, is designed to inspire the region's youth and pave the way for scientific breakthroughs, officials said Tuesday. The unmanned probe named Al-Amal - Hope in Arabic - is to blast off from a Japanese...