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: Riyadh
Two Saudi ministers and navy chief replaced, crown prince leads new anti-graft committee
:: Saudi Arabia launched a crackdown on public corruption on Saturday and apppointed new ministers for the National Guard and for economy and planning. National Guard Minister Miteb bin Abdullah was dismissed and replaced by Prince Khaled bin Ayyaf. Economy
Saudi defense forces shoot down Houthi missile over Riyadh
:: Houthi rebels in Yemen fired a ballistic missile on Saturday night aimed at Riyadh. Saudi defense forces intercepted and shot down the missile, and there were no casualties. Fire engines and emergency vehicles sped to runway R33 at King
KSRelief, ICRC sign deal to provide emergency care in Yemen
:: The King Salman Humanitarian Aid and Relief Center (KSRelief) signed an agreement with the International Committee of the Red Cross (ICRC) on Monday for a health care project that will benefit millions of people in Yemen. The agreement was
GCC-EU talks focus on combating terrorism
:: Officials from the EU and the GCC on Monday discussed ways to boost economic and political cooperation between the two groups in all fields, including regional and international efforts for security development and combating terrorism. The meeting was held
First Saudi antiquities forum opens next week
:: The Saudi Commission for Tourism and National Heritage (SCTH) will organize the first National Antiquities Forum next week, from Nov. 7 to 9, in Riyadh under the patronage of King Salman. Addressing a press conference at the National Museum
Saudi Arabia blasts Iran for ‘thwarting all efforts’ at peace in Yemen
:: Saudi Arabia lambasted Iran here on Sunday for their proxy war in Yemen, and charged the Tehran regime for supplying weapons to Houthi militants as well as to the forces loyal to former Yemeni President Ali Abdullah Saleh. Adel
‘Ankara, Riyadh poised for greater cooperation’
:: Relations between Saudi Arabia and Turkey have witnessed a rapid qualitative and quantitative improvement and are poised for major intensification in near future because the two countries today stand as “main pillars for regional stability,” said Turkish Ambassador Yunus
Saudi Board of Grievances chairman calls on administrative courts to expedite judicial work
:: Board of Grievances Chairman Dr. Khalid bin Mohammed Al-Yousef called on the heads of administrative courts to cooperate in expediting their work, whether it’s judicial or intellectual aspects that affect the judicial process. Al-Yousef also urged them to achieve
Foreign investors to be given full access to Saudi parallel market
:: Saudi Arabia plans to make its capital market more accessible to foreign investors by giving them full access to NOMU, a parallel market recently launched for small and medium-sized enterprises, Mohammed El-Kuwaiz, chairman of the Capital Market Authority (CMA)
Saudi central bank chief urges caution on crypto-currencies
:: Saudi Arabia’s non-oil sector of the economy is still healthy and the private sector will contine to grow, stimulated by reforms, the Saudi central bank governor said on Thursday. Ahmed Al-Kholifey, governor of the Saudi Arabian Monetary Authority (SAMA),
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 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 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
US to discuss with allies taking aggressive action against Hezbollah
:: US Treasury Secretary Steven Mnuchin said on Wednesday that Washington would take deterrent action against Hezbollah militia. He stated that the US will discuss with allies taking aggressive action against Hezbollah in a speech at the Future Investment Initiative
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 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,
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