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 Arabia determined to end oil glut
:: Saudi Arabia is determined to reduce inventories further through an OPEC-led deal to cut crude output and raised the prospect of prolonged restraint once the pact ends to prevent a buildup in excess supplies. Saudi Energy Minister Khalid Al-Falih,
Saudi Crown Prince pledges elimination of ‘what is left of extremism’ in near future
:: Saudi Crown Prince Mohammed bin Salman pledged on Tuesday a return to a moderate past and looked forward to a technology-driven future. “We are returning to what we were before — a country of moderate Islam that is open
Saudi Arabia strikes $1bn Korean engineering deal
:: Saudi Arabia’s Public Investment Fund (PIF) has shelled out $1 billion for a 38 percent stake in Posco E&C, the construction arm of the giant South Korean steelmaker Posco. The deal is driven by the Korean company’s drive to
Lagarde warns of dark future for planet if climate change is ignored and world is ‘toasted and roasted’
:: The planet faces a “dark” future in 50 years if leaders fail to address climate change and growing global inequality, Christine Lagarde, head of the International Monetary Fund, said during a panel discussion at the Future Investment Initiative (FII)
King Salman stresses Saudi support for the unity and stability of Iraq
:: King Salman briefed the Cabinet on Tuesday on his talks with the Iraqi Prime Minister Haider Al-Abadi and the inaugural meeting this week of the Saudi-Iraqi Coordination Council. The new council must contribute to realizing the common interests of
Saudi Public Investment Fund looks for more global alliances
:: Saudi Arabia’s Public Investment Fund (PIF) is looking for further international partnerships as part of its ambitious aim to become the largest sovereign wealth fund in the world. Yasir Al-Rumayyan, PIF managing director, said that global investment alliances would
Robots to roam $500 billion Saudi city
:: Crown Prince Mohammed bin Salman on Tuesday unveiled ambitious plans for a new city state that would also straddle Jordan and Egypt in the kingdom’s northwest with up to $500bn in investments. Called Neom, the city will be powered
8 things you need to know about Saudi Arabia’s innovative NEOM project
:: NEOM is the world’s first independent special zone stretching over three countries. It is set to become a new vibrant destination located in the Northwestern region of Saudi Arabia. Expected to emerge as a leading global hub that exemplifies
Saudi Arabia pledges $20m for Rohingya refugees
:: Saudi Arabia pledged $20 million in aid to Rohingya refugees at Monday’s Rohingya Refugee Crisis Pledging Conference in Geneva. The conference was co-hosted by the EU and Kuwait, and organized by the UN High Commissioner for Refugees (UNHCR), the
Saudi commerce minister upbeat on Saudi-Iraq trade boost
:: Commerce and Investment Minister Dr. Majid Al-Qassabi said on Monday that Saudi-Iraqi relations are entering a new era with an ambitious program. He said the leaders of the two countries are working to establish an ambitious phase of unlimited
Saudi Arabia’s drug prevention agency holds first coordinating meeting for project in Al-Aflaj province
:: The secretariat of the National Committee of Narcotics Control (NCNC) held the first coordinating meeting to launch the preventive plan for the Nebras project in Al-Aflaj province in coordination with the education directorate and the social development center. Participating
Organization of Islamic Cooperation seeks urgent relief for victims of Central African Republic violence
:: An expert panel of the Organization of Islamic Cooperation (OIC) has voiced deep concern about the deteriorating human rights situation in the Central African Republic (CAR). It condemned the recent escalation of violence against civilians in the Central African
New treatment options offer hope for Saudi ovarian cancer patients
:: Saudi women are falling victims to ovarian cancer due to late detection of the disease, a medical conference warned in Jeddah on Sunday. Dr. Shadi Al-Khayyat, an oncology consultant at King Abdul Aziz University Hospital in Jeddah, said that
‘Saudi Now’ markets and economics app launched
:: Thomson Reuters has launched the “Saudi Now” application aimed at financial professionals seeking markets and economics data on Saudi Arabia. The launch was announced at the Future Investment Initiative organized by the Public Investment Fund in Saudi Arabia. The
Saudi Future Investment Initiative set to feature a robot session moderator
:: To be a robot moderate a session for the leaders of the world’s largest investment fund forum, with more than 100 speakers from the world’s leaders and financial policymakers and decision-makers, at least indicates that we are about to
Berlin seeks new partnerships with Riyadh through Future Investment Initiative
:: A German diplomat has confirmed that his country will expand its cooperation with Riyadh in various economic, political and security fields during the coming year, pointing out that a large delegation will participate in the Future Investment Initiative, hosted
Saudi Aramco IPO on track for second half of 2018, CEO says
:: Saudi Aramco’s initial public offering will take place in the second half of 2018, CEO Amin Nasser said Monday, dismissing reports that the oil giant’s plans could be shelved. “We have always said that we will be listing in
UK Times hails Saudi crown prince’s ‘riyal diplomacy’ to lead world economy
:: Riyadh has sent a clear message of its desire to move away from the oil-dependent economy, diversify its resources, and put Saudi Aramco for initial public offering (IPO). According to the British newspaper The Times, Saudi Arabia seeks to
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