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 »
Tag Archives: INVESTMENTS
Amazon’s moves beyond retail get Wall Street thumbs up, for now
Amazon.com Inc’s ventures far beyond online retail, from cloud computing to movie making, are raising questions among corporate strategy experts about its focus. The Seattle-based company wowed Wall Street again this week with a 23 percent jump in sales, pushing
15 hotels worth $10 bln to open in Bahrain by 2020
Bahrain’s Economic Development Board released figures showing a 3 percent growth in the country’s hotel and restaurant sector, supporting plans to establish 15 luxury hotels and resorts valuing at $10 billion. The list includes world-renowned hotel brands including The One&Only
Knowledge transfer is a two-way street
In spite of depressed oil revenues, Saudi Arabia’s infrastructure investment is set to maintain the upward trajectory of the last two decades. According to MEED Projects, the Kingdom has the biggest pipeline, about $800 billion of planned projects, of the
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