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 »
Tag Archives: Saudi Arabia
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
Change in Saudi Arabia will drive change in the region
By : Abdulrahman al-Rashed :: Although the speaker is the Saudi Crown Prince, and although he is speaking about the Kingdom of Saudi Arabia and its community, his discussion on combating extremism and returning to moderate Islam should be a
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,
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
UAE Minister of State praises Saudi Arabia’s NEOM project
:: UAE Minister of State for Foreign Affairs Dr. Anwar Gargash shared a congratulatory tweet to Saudi Arabia after announcing the launch of its mega project NEOM. “We are proud to see Saudi Arabia hold the Arab banner in the
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 Public Investment Fund unveils entertainment city logo
:: The Public Investment Fund unveiled the logo of the Qiddiya project, which will be the Saudi kingdom’s largest cultural, sports and entertainment city. The project was announced in April this year, and its newly announced logo was innovatively designed
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
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
Saudi crown prince discusses anti-terror fight with Iraq PM
:: Saudi Arabia’s Crown Prince Mohammed bin Salman, who is also deputy prime minister and defense minister, met with Iraqi Prime Minister Haider al-Abadi to discuss the latest efforts in the fight against terrorism in the region. During the meeting,
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