INSEAD Day 4 - 728x90

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Emirates Stallions Q1 revenue up 11%

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ADNOC Distribution 2025 dividend $700m

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Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Saudi King Salman enters hospital for ‘examinations’

The pension was raised by 20 percent on the directives of King Salman bin Abdulaziz.
  • The 86-year-old King Salman has ruled the top oil exporter and the Arab world's biggest economy since 2015
  • He was most recently hospitalized in March, for ‘successful medical tests’ and to change the battery of his pacemaker

Saudi Arabia’s King Salman has been admitted to hospital for unspecified tests, state media reported on Sunday.

The 86-year-old monarch has ruled the top oil exporter and the Arab world’s biggest economy since 2015.

He entered King Faisal Specialist Hospital in the coastal city of Jeddah on Saturday “to conduct some medical examinations”, according to an official report, citing a royal court statement.

“May God preserve the Custodian of the Two Holy Mosques and may he enjoy health and wellness,” the statement said.

King Salman underwent surgery to remove his gall bladder in 2020.

He was most recently hospitalized in March, for what state media described as “successful medical tests” and to change the battery of his pacemaker.

Under his rule, Saudi Arabia has launched ambitious economic reforms for a post-oil era and given more rights to women, while adopting a more assertive foreign policy including entering a war in neighboring Yemen.

(With agency inputs)