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 »
Egypt calls Erdogan statements ‘ironic,’ accuses Turkey of sponsoring terrorism
:: Egypt’s foreign ministry spokesman, Ahmed Hafez, slammed Turkish President Recep Tayyip Erdogan’s statements at the UN General Assembly this week where he urged the UN to “handle the suspicious death of More »
Saudi Crown Prince: Attacks are test of int’l resolve against destructive acts
:: Saudi Arabia’s Crown Prince Mohammed bin Salman said on Wednesday that the attacks on Saudi Aramco oil facilities are a test of international resolve in the face of destructive acts that More »
Saudi Crown Prince says attacks on oil facilities are a ‘dangerous escalation’
:: Saudi Arabia’s Crown Prince Mohammed bin Salman said the recent attacks on Saudi Aramco facilities represented a “dangerous escalation not only toward the Kingdom but also the entire world.” The Crown More »
Category Archives: Riyadh
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
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
Loading ...
You must be logged in to post a comment.