Saudi King and Crown Prince Condole Kuwait

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

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 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 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 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 »

 

Global growth will be disappointing in 2016 says IMF’s chief

Christine Lagarde

Global economic growth will be “disappointing” next year, the head of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday. IMF Managing Director Christine Lagarde said the prospect of rising interest rates in

Oman plans spending cuts, tax rises, petroleum price changes

Oman’s cabinet approved in principle a series of spending cuts and tax rises to cope with the damage to state finances from low oil prices, state news agency ONA reported on Wednesday. “The council of ministers approved a number of

France calls for EU crackdown on fake Syrian passports

France has asked the European Union to improve the detection of fake Syrian passports used by people trying to get into Europe after two of the suicide bombers in the Nov. 13 Paris attacks were found carrying such passports. In

Egypt’s Q1 current account deficit at $4 bln vs $1.6 bln

Egypt’s current account deficit widened to $4 billion in the first quarter of the financial year 2015/16 compared with a deficit of $1.6 billion in the same period a year earlier, the central bank said in a statement on Wednesday.

India test-fires long range surface-to-air missile developed with Israel

India successfully test-fired on Wednesday a new long range surface-to-air missile capable of countering aerial threats at extended ranges, as Prime Minister Narendra Modi pushes to enhance the country’s military capabilities. India, which shares borders with nuclear-armed China and Pakistan,

SAMA’s foreign assets reach SR2.356 trillion in November

Net foreign assets at Saudi Arabia’s central bank fell 1.9 percent in November from the previous month to SR2.356 trillion ($628 billion) as the government liquidated assets to cover a huge budget deficit caused by low oil prices. Assets dropped

1 mln migrants came to Europe by sea this year: U.N.

The U.N. refugee agency said Wednesday that the number of migrants who’ve arrived in Europe by sea this year now tops 1 million. The U.N. High Commissioner for Refugees’ announcement came only a week after the International Organization for Migration

South Korea road show to promote cooperation in health sector

South Korea will hold its first-ever health care road show in the capital in January to showcase its world-class health facilities and promote cooperation in the health care sector. The road show will feature the Korean experience, especially as how

Saudi says Syria rebel chief killing doesn’t serve peace

The killing of a Syrian rebel chief in an air raid last week does not serve the peace process in the war-ravaged country, Saudi Foreign Minister Adel al-Jubeir said Tuesday. Zahran Alloush, the head of the Saudi-backed Jaish al-Islam, the

Ohio grand jury clears cop in fatal shooting of boy

A grand jury cleared two Cleveland police officers on Monday in the November 2014 fatal shooting of 12-year-old Tamir Rice, who was brandishing a toy gun in a park, and a prosecutor said there were a series of mistakes but

Turkey arrests 2 ISIS suspects over NYE attack plot

Turkish police have arrested in Ankara two suspected suicide bombers linked to the Islamic State of Iraq and Syria (ISIS) militant group who were plotting an attack on New Year’s Eve in the capital, a Turkish official told AFP on

Norway proposes stricter asylum rules

Norway’s center-right government on Tuesday proposed tightening the country’s asylum rules to avoid what the immigration minister described as “violent consequences” for the country’s welfare system. The measures, which would need parliamentary approval to take effect, include making it more

Bahraini F-16 jet crashes in Saudi near Yemen border

According to the coalition forces in Yemen, a Bahrain F-16 fighter jet has crashed on Wednesday in southern Saudi Arabia close to the Yemen border in Jizan. The fighter jet had experienced technical failure but its pilot has survived the

Oil prices jump over 2% on colder weather

Oil prices jumped about $1 a barrel on Tuesday, as prospects of colder weather in coming weeks inspired buying a day after prices slid 3 percent, but slowing global demand and abundant supplies from OPEC members kept energy markets bearish.

Bahrain jails 29 over bomb attack on police

At least 29 people in Bahrain were handed down jail sentences ranging from five years to life imprisonment on terror charges on Wednesday, according to Bahrain News Agency. Terror Crime Prosecution Chief Advocate, General Ahmed Al-Hammadi, confirmed that the High

‘No offer for Saudi women to work as flight attendants’

Saudi Arabian Airlines never offered jobs to Saudi women as flight attendants on its aircraft, said assistant general manager for public relations and official spokesman Abdulrahman Al-Fahad, without disclosing the reasons behind the decision. As for employment of women with

Saudi Ministy of Labor to count children of non-Saudi fathers as citizens

Saudi Arabia’s Ministry of Labor has clarified that the children of Saudi women from non-Saudi husbands will be considered as citizens under the Nitaqat Saudization program whether their mothers are dead or alive. “According to a decision taken by the

Budget 2016: Business leaders laud vision for sustainable development

A wide cross-section of Saudi society including ministers, businesspeople, academics and government officials have welcomed the country’s realistic and developmental budget for the new year in the face of tough regional and global challenges. Custodian of the Two Holy Mosques

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