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Saudi Cabinet Shakeup Places Khalid Al-Falih in Charge of New Investment Ministry
Saudi Arabia has shaken up its government investment bodies with a major change to SAGIA, the Saudi Arabian General Investment Authority, making the body a full ministry and replacing former Governor Ibrahim Al-Omar with former Saudi Aramco head Khalid Al-Falih, the King revealed in a series of royal decrees. In three separate royal orders, Eng. Ibrahim bin […]
Saudi Aramco Plans to Invest $110 Billion to Develop Unconventional Gas Reserves in Saudi Arabia’s Jafurah field
Saudi Aramco plans to invest a whopping $110 billion to develop unconventional gas reserves in Saudi Arabia’s Jafurah field, the state news agency SPA said on Friday.
Pompeo Meets with King Salman, FM Prince Faisal bin Farhan in Riyadh
Secretary of State Mike Pompeo met with King Salman and Foreign Minister Prince Faisal bin Farhan in Riyadh today, photos from the Saudi Press Agency show.
On Third Day of Saudi Trip, Pompeo Tours Saudi Airbase, Meets with Crown Prince Mohammed bin Salman
Secretary of State Michael Pompeo met with Crown Prince Mohammed bin Salman and separately with Prince Khalid Bin Salman in Saudi Arabia on his third and final day of a visit to the Kingdom, according to reports, before taking a tour of a key Saudi Arabian air base where the U.S. has deployed defense capabilities.
Secretary of State Pompeo Arrives in Riyadh for 3-Day Visit, his Second of 2020
Secretary of State Mike Pompeo arrived in Riyadh today for a three-day visit to meet with Saudi officials. During his visit to Riyadh, Pompeo is scheduled to meet senior Saudi leaders and visit Saudi Aramco’s Khurais oil field, which was targeted in a missile attack in September that both the kingdom and the U.S. blame on Iran. Tehran denied involvement […]
Saudi Cabinet Gives Approval to Saudi Export and Import (Exim) Bank, Launch Expected Soon
Saudi Arabia’s Council of Ministers has approved regulations for the creation of a new Saudi Export and Import (Exim) Bank on Tuesday during a session presided over by Custodian of the Two Holy Mosques King Salman at Al-Yamamah Palace.
Princess Reema bint Bandar Gives First Interview to Arab Newspaper as Ambassador: ‘Saudi Arabia is Washington’s Closest Partner in Region’
Princess Reema bint Bandar gave her first interview with an Arab newspaper since assuming her position in Washington, telling Asharq Alawsat that Saudi Arabia is Washington’s closest partner in the region and that the strategic Saudi-American partnership is not affected by which party the president of the White House belongs to.
Will Saudi Arabia soon be an exporter of gas?
Saudi Arabia plans to start exporting gas and will soon make a major announcement on the topic, the country’s energy minister said.
Saudi Arabia and Kuwait Agree to Resume Oil Production from Neutral Zone Fields
Saudi Arabia and Kuwait will resume joint production at two oilfields from a shared neutral zone between the countries, according to Bloomberg, ending a five-year dispute that sidelined production from the area.
Pompeo, Saudi Counterpart Prince Faisal bin Farhan Meet in Washington Wednesday
US Secretary of State Mike Pompeo met with Saudi Arabia’s foreign minister Prince Faisal bin Farhan in Washington Wednesday to discuss Iran, Yemen, and other issues of mutual interest.
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Morocco, Saudi Arabia Commit to Developing Cooperation Ties
The Saudi delegation also met with Morocco’s Minister of Foreign Affairs Nasser Bourita. The meeting concluded with the planning of an upcoming meeting in the Saudi capital, Riyadh.
Schlumberger to Create 200 Jobs in New Saudi
The company said that center will manufacture well completions technologies including liner hangers and packers and isolation valve technologies to help improve the efficiency of oil and gas operations in Saudi Arabia and neighboring countries.
Saudi Arabia Monetary Authority announces licensing of HalalaH and BayanPay
The Saudi Arabian Monetary Agency (SAMA) has announced the licensing of two digital wallet companies, bringing the number of authorized payment companies to four in the financial technology sector.
Saudi Arabia’s Leading Animation Studio, Manga Productions, Inks Theatrical Distribution Deals for Much Anticipated Feature “The Journey”
The animation work on "The Journey" was done in both Riyadh and Tokyo, employing a production team of over 300 people. Manga Productions authored the main idea and concept of "The Journey", with a goal to present the ancient civilizations of the Arabian Peninsula and Middle East.
Saudi Sports for All Federation inaugurates the official Women’s Football League at the community level in the Kingdom
Under the SFA initiative umbrella and fully funded by the Federation, the WFL is a nationwide community level league for women aged 17 and above that will be mainly staged in three cities for the first season – Riyadh, Jeddah, and Dammam – with the potential for more depending on registrations.
Saudi Cup Links Past and Future Through Thoroughbreds
“It’s one of the best dirt tracks in the world,” Peslier said. “It really suits the American horses well. It has a long straight and there is not much kickback.” European star Frankie Dettori agrees. “Of all the dirt tracks I’ve ridden, it’s the one I like best,” he said. “You can win from the front, and you can win from behind. It’s a fair track.”
Saudi Arabia embraces a different future with NEOM
Documents seen by the Journal indicated that the legal structure in NEOM would see judges appointed by and reporting to the king and NEOM law would be based on best practices in economic and business law, as well as feedback from potential investors and residents.
Saudi Arabia reveals plan to expand network of new entertainment hubs
The Saudi Entertainment Ventures Company (Seven) on Tuesday announced plans for the expansion of new entertainment complexes to prime locations across the kingdom. Established by the Public Investment Fund (PIF) and mandated to invest, develop and operate entertainment destinations in Saudi Arabia, Seven said the new complexes will "meet the fast-growing tourism sector and contribute to realising the goals outlined in Saudi Vision 2030".
As Yemen’s war intensifies, an opening for al-Qaeda to resurrect its fortunes
Over the past decade, al-Qaeda has bounced back a few times, regaining territory and recruits by taking advantage of security vacuums arising from the conflicts among Yemen’s myriad warring factions. Now, after a relative lull in the war, fighting is intensifying in at least four provinces, including in or near areas where both al-Qaeda and the Islamic State have a presence or support from local tribes.
Jamming, precision artillery and long range drone strikes on Libyan battlefield offer lessons learned for US military
Battles with characteristics of near-peer combat are raging in Africa — especially in Libya, where high-tech precision strike weapons are flooding the battlefield. And at a time when the U.S. is considering drawing down troops, the conflict in Libya is providing Pentagon planners with an opportunity to better prepare for any future conflict with China or Russia.
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