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Pesha Magid

Pesha Magid

Correspondent at Reuters News

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Location
United Kingdom
Languages
  • English
Covering topics
  • General Assignment News
  • Saudi Arabia

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Recent Articles

reuters.com

For freed Israeli hostage musician, a piano waits to be played again

A tightly-packed crowd in the northern Israeli town of Lavon leapt to their feet and erupted into jubilant cheers at news of the release of Alon Ohel, 24, a hostage from their community who had been held by Hamas for over two years.
reuters.com

Bedouin face eviction as Israeli settlement spreads near Jerusalem

The land available to Atallah al-Jahalin’s Bedouin community for grazing livestock near Jerusalem has steadily shrunk, as expanding Jewish settlements on Israeli-occupied territory encircle the city and push deeper into the West Bank.
reuters.com

Saudi Arabia's net foreign direct investment falls 7% in Q1

Saudi Arabia's net foreign direct investment (FDI) fell 7% in the first quarter of 2025 compared to the previous quarter, government data showed on Sunday, as the kingdom continues to lag behind its ambitious FDI goals.
reuters.com

IMF raises forecast for Saudi GDP growth to 3.5% in 2025

The International Monetary Fund on Thursday raised its 2025 GDP growth forecast for Saudi Arabia to 3.5% from 3%, partly on the back of demand for government-led projects, and supported by the OPEC+ group's plan to phase out oil production cuts.
reuters.com

Saudi Arabia's first-quarter GDP grows by 3.4%, beating flash estim...

Saudi Arabia's economy grew by more than expected in the first quarter of 2025, according to government data estimates, with lower oil prices impacting the economy less than previously forecast.
reuters.com

Trump says US to lift Syria sanctions, secures $600 billion Saudi deal

U.S. President Donald Trump signed a strategic economic agreement with Saudi Arabia on Tuesday as the oil power rolled out the red carpet for him at the start of a tour of Gulf states aimed at drumming up trillions of dollars in investments.
reuters.com

Exclusive: Under Trump, Saudi civil nuclear talks delinked from Isr...

The United States is no longer demanding Saudi Arabia normalise ties with Israel as a condition for progress on civil nuclear cooperation talks, two sources with knowledge of the matter told Reuters ahead of U.S. President Donald Trump's visit next week.
reuters.com

Saudi chemicals group SABIC reports Q1 net loss of $323 million

Saudi chemicals giant SABIC on Sunday reported a first-quarter net loss of 1.21 billion Saudi riyals ($323 million), citing a rise in operating costs and high feedstock costs.
reuters.com

Exclusive: Trump poised to offer Saudi Arabia over $100 billion arm...

Sources say the proposal was being lined up for announcement during Trump's visit to the kingdom in May.
reuters.com

Exclusive: Saudi Arabia plans to pay off Syria's World Bank debts, ...

It may be a sign that crucial Gulf Arab support for Syria is beginning to materialize after previous plans, including an initiative by Doha to fund salaries, were held up by uncertainty over U.S. sanctions.
reuters.com

Saudi Arabia, US on 'pathway' to civil nuclear agreement, US Energy...

The United States and Saudi Arabia will sign a preliminary agreement to cooperate over the kingdom's ambitions to develop a civil nuclear industry, U.S. Energy Secretary Chris Wright told reporters in the Saudi capital Riyadh on Sunday.