Saudi King and Crown Prince Condole Kuwait
In a heartfelt gesture of solidarity, Saudi Arabia’s King Salman and Crown Prince Mohammed bin Salman expressed their deepest condolences to the Emir of Kuwait on Monday following the passing of Sheikh More »
Putin and Abbas Discuss Gaza Crisis
Russian President Vladimir Putin is set to meet with Palestinian President Mahmoud Abbas on Tuesday during Abbas’ visit to Russia. Arriving on Monday, Abbas aims to discuss the ongoing Gaza conflict with More »
Saudi Arabia Voices Strong Support for Gaza Peace Initiatives
Saudi Arabia has firmly aligned itself with the recent joint statement made by President Joe Biden of the United States, President Abdel Fattah El-Sisi of Egypt, and Sheikh Tamim bin Hamad Al-Thani, More »
Saudi Crown Prince, US Secretary of Defense discuss troop deployment
:: Saudi Arabia’s Crown Prince Mohammed bin Salman received a phone call on Wednesday from the US Secretary of Defense during which they discussed ongoing arrangements to send US troops of a More »
Saudi Energy Minister confirms restoration of Kingdom’s gas production capacity
:: Saudi Arabia’s Minister of Energy confirmed on Wednesday the restoration of production capacity, affirming the Kingdom’s position as a reliable energy supplier in the global market. The energy minister, Prince Abdulaziz More »
Category Archives: National
Saudi crown prince says Houthis ‘must not become another Hezbollah’
:: The war in Yemen is about preventing Houthi rebels from turning into another Hezbollah on Saudi Arabia’s southern border, Crown Prince Mohammed bin Salman said. “We’re pursuing until we can be sure that nothing will happen there like Hezbollah
King Salman receives former French president
:: Saudi Arabia’s King Salman bin Abdulaziz al-Saud received at al-Yamamah palace on Thursday former French president Nicolas Sarkozy. During the meeting, they discussed the friendly relations between the Kingdom and France and a number of issues of interest. Saudi
Foreign investors to be given full access to Saudi parallel market
:: Saudi Arabia plans to make its capital market more accessible to foreign investors by giving them full access to NOMU, a parallel market recently launched for small and medium-sized enterprises, Mohammed El-Kuwaiz, chairman of the Capital Market Authority (CMA)
Extremism, not Putin, is No. 1 problem, Sarkozy tells Riyadh forum
:: Nicolas Sarkozy, the former French president, said extremists were the biggest problem the world faced today, not President Putin of Russia who has been accused of meddling in elections in the US and some European countries. Speaking on the
Saudi central bank chief urges caution on crypto-currencies
:: Saudi Arabia’s non-oil sector of the economy is still healthy and the private sector will contine to grow, stimulated by reforms, the Saudi central bank governor said on Thursday. Ahmed Al-Kholifey, governor of the Saudi Arabian Monetary Authority (SAMA),
Saudi Crown Prince: Conjoined twins to be treated in Riyadh
:: Saudi Crown Prince Mohammed Bin Salman directed health authorities in Saudi Arabia to transfer Palestinian conjoined twins Haneen and Farah from Gaza to Riyadh for treatment. Dr Abdullah bin Abdulaziz al-Rabeeah, Supervisor General of King Salman Humanitarian Aid and
Saudi Crown Prince: Qatar problem is very very small
:: Saudi Arabia’s Crown Prince Mohammed bin Salman described the Gulf rift with Qatar as a “very very small problem” in an interview on Thursday with Reuters at the Public Investment Forum in Riyadh. Crown Prince Mohammed said that the
Saudi Arabia slams UN for ‘unacceptable’ use of ‘yellow journalism’
:: The First Secretary of the Saudi Permanent UN Mission on Tuesday slammed the organization for relying on “yellow journalism” in a report alleging human rights abuses. Noura Al-Jabreen also launched a staunch defense of the Kingdom’s record in Yemen
SAMA governor: Saudi government keen on combating money laundering
:: Ahmed Abdulkarim Alkholifey, governor of the Saudi Arabian Monetary Agency (SAMA) and chairman of the Anti-Money Laundering Permanent Committee (AMLPC), welcomed the Cabinet’s approval of the new anti-money laundering law on Wednesday. “The new law meets the requirements of
Canon and Extra Store in Partnership in Saudi Arabia
Canon Strengthens Business Opportunities in Saudi Arabia through a Strategic Partnership with United Electronics Company (eXtra) :: Canon Middle East, a leader in imaging and printing solutions, has signed United Electronics Company (eXtra), as a strategic partner for Canon Office
Saudi Arabia and Virgin to form a $1 bln partnership in space projects
:: The Public Investment Fund of the Kingdom of Saudi Arabia and Virgin Group will form a $1 billion partnership to invest in Virgin Galactic, The Space Ship and Virgin Orbit according to the Saudi Press Agency (SPA). The agreement
Saudi Crown Prince say Saudi Aramco IPO on track for 2018
:: Saudi Aramco’s initial public offering is on track for next year, and the national oil giant could be valued at more than $2 trillion, Saudi Arabia’s Crown Prince Mohammad bin Salman told Reuters in an interview. The sale of
Saudi Arabia’s Tadawul stock exchange chief pledges more reforms
:: Sarah Al-Suhaimi, the chairperson of the Tadawul stock exchange, has committed the Riyadh market to further reform and modernization in an effort to ensure inclusion in global investment indices as soon as possible. Speaking at the Future Investment Initiative
Saudi Arabia lists two entities and eleven names supporting al-Qaeda, ISIS
:: As part of the efforts targeting terrorism, Saudi State Security has listed two entities and 11 names of leaders, financiers and supporters of Al Qaeda and ISIS organization. The Saudi State Security listing targeted financiers and facilitators for the
Saudi finance minister pledges greater transparency to lure investors
:: Saudi Finance Minster Mohammed Al-Jadaan told the Future Investment Initiative conference on Wednesday that increased financial transparency was vital to attract foreign investment. He also said it was a key part of the Kingdom’s Vision 2030 program to diversify
Saudi FM Jubeir on future of Gulf rift: ‘The matter is up to Qatar’
:: Saudi Foreign Minister Adel Al-Jubeir affirmed that the kingdom supports the position of US President Donald Trump on Iran, saying that the nuclear agreement contains several shortcomings. This came during his participation on Tuesday in a panel discussion organized
Saudi’s PIF commits $20 bln to $40 billion fund with Blackstone
:: Saudi Arabia’s Public Investment Fund (PIF), the country’s main sovereign wealth fund, will contribute $20 billion to a $40 billion fund with US private equity firm Blackstone, its managing director said on Tuesday. The fund will invest in the
Saudi fund aiming for assets under management of $400 bln by 2020
:: Saudi Arabia’s Public Investment Fund (PIF) aims to increase its assets under management to 1.5 trillion riyals ($400 billion) by 2020 as part of the country’s Vision 2030, an economic reform plan aimed at boosting private-sector growth and developing
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