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 »
Colombia, rebels reach deal on missing persons
The Colombian government and FARC rebels reached a deal Saturday on searching for the thousands missing and presumed dead in their decades-long conflict, in a further step toward peace, diplomats said. The fighting between the two sides has killed more
Dubai GITEX Technology Week expected to draw 140,000 visitors
The 35th edition of GITEX Technology Week was inaugurated by Sheikh Hamdan bin Mohammed bin Rashid Al-Maktoum at Dubai World Trade Center. The five-day event is expected to draw more than 140,000 visitors from over 140 countries. More than 3,600
SABIC’s Q3 sales drop to SR37.3bn
The Saudi Basic Industries Corporation (SABIC) announced Sunday its third-quarter sales at SR37.3 billion, down from SR48.7 billion compared to the same period last year. SABIC, Saudi Arabia’s largest listed company, had earlier said its third-quarter net profit fell 9.4
MENA M&A value $33.7bn in first 9 months of 2015
Thomson Reuters, a leading source of intelligent information for businesses and professionals,has released the quarterly investment banking analysis for the Middle East region. According to estimates from Thomson Reuters/Freeman Consulting, Middle Eastern investment banking fees reached $480.5 million during the
Former VW boss Winterkorn quits as head of holding company
Former Volkswagen CEO Martin Winterkorn, who resigned in the wake of the emissions cheating scandal, is stepping down as head of the group’s Porsche SE holding at the end of the month, the Stuttgart-based group said. Winterkorn will hand over
IndiGo eyes up to $510m in major IPO
The operator of top Indian airline IndiGo is looking to raise up to $510 million in its initial public offering (IPO), according to sources, betting on an improved financial outlook helped by lower oil prices and surging passenger growth. That
Air France to go ahead with 2016 job cuts
Air France will go ahead as planned and cut almost 1,000 jobs in 2016 under the first part of a restructuring plan that triggered violent protests, the chief executive of Air France-KLM said. The remaining cuts planned for 2017 can
Patrick Dempsey cycles for cancer funds
Actor Patrick Dempsey traded his race car for a bicycle at the Dempsey Challenge in Lewiston, Maine. Dempsey returned to Maine for the two-day, bike-and-run fundraiser that started Saturday after his racing team’s victory at the “Six Hours of Fuji”
Saudi Arabia well placed to become major global player in commodities
Saudi Arabia is well positioned to become a leading commodities supplier in the region, and a major player in the mining and minerals sector globally. Leading local and international experts agree that the Saudi Arabia has what it takes to
Three-year program to train Saudis for job market
A newly-launched program under the title “Our Youth Our Future” will provide three-year training to Saudi youth at six different training academies under the supervision of the Human Resources Development Fund (HRDF). The program initiated by King Khalid Foundation targets
Ex-BBC journalist Jacky Sutton found dead at Istanbul airport
Former BBC journalist, Jacky Sutton, was found dead in a lavatory at the city’s main airport. The circumstances surrounding the cause of her death still remains unknown, according to the BBC. It is understood by the BBC that she has
Afghan TV stations face Taliban threat after Kunduz
Already forced to operate in one of the world’s most hostile environments for journalists, Afghan television stations are now being openly targeted by Islamist insurgents in a widening insurgency that threatens cities across the country. The Taliban’s brief capture of
Payment of parking money in currency notes soon
People will soon be able to pay in the form of currency notes of SR1 and SR5, instead of just coins, for parking, according to an online newspaper. Abdullah Al-Ghamdi, director of parking projects at Jeddah Development and Urban Regeneration
Canada PM appeals for support as rival leads before vote
Canadian Prime Minister Stephen Harper and his team on Sunday urged Conservative supporters to get out the vote as polls showed Liberal rival Justin Trudeau holding a firm lead one day before the country’s fiercely fought election. Fighting for a
Saihat attack roundly condemned
Shocked by yet another terror attack by Daesh on Friday that claimed five lives and injured several people at a Shiite gathering at Saihat, many citizens expressed deep sorrow over the growing violence among misguided youths and condemned the act
Tension ahead of last round of U.N. climate talks
African countries on Sunday dismissed an early draft of a U.N. climate accord as “unbalanced” and demanded amendments to even consider it at the final negotiating session before a landmark conference in Paris. The move by the African bloc came
‘Seeking knowledge obligatory for all Muslims everywhere’
The Knowledge Core Education System, Canada, joined hands with Prince Miteb bin Thunayan bin Mohammed to support an initiative in order to set up schools, colleges and a university in line with international standards to solve the higher education problems
UK to block passports to stop ISIS teen recruits
British parents worried that their 16 and 17-year-old children might travel to Syria or Iraq under the influence of militants will be able to apply to have their passports removed, Prime Minister David Cameron is set to announce on Monday.
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