The U.S.-Saudi Investment Forum opened today in Washington, D.C. with a panel of high level ministers and officials to discuss the investment climate in Saudi Arabia.
Saudi-led coalition warplanes pounded a key supply city for the Houthi forces in Yemen as the Hadi-backed fighters continue to rely on recently introduced military equipment to make gains in the ongoing conflict.
According to a recently released report by Jadwa Investment, net withdrawals from government accounts fell to their lowest point in eight months, with $3 billion of net
withdrawals in June. Foreign reserves fell by $7.6 billion in June.
Saudi Arabia's state-run press agency published four photos from inside the mosque that was attacked by a suicide bomber in the southern Asir province that killed over a dozen Saudi soldiers.
The kingdom’s Tadawul All Share Index has retreated 4.2 percent since the end of June as value of shares traded for July decreased 25 percent over the previous month, according to reports.
Deputy Crown Prince Mohammed bin Salman and Egypt's President signed the “Declaration of Cairo," reinforcing the strategic alliance between Egypt and Saudi Arabia.
