HOUSING AND REAL ESTATE

Tough Times for the Saudi Property Market, Study Shows

housing-construction-medina-saudi-arabia-healthcare-real-estate
Saudi Arabia's Real Estate Market was one of only seven worldwide to show annual price declines in 2Q 2018, according to results released by the Knight Frank Global House Price Index as reported in ArabianBusiness.com.

Saudi Arabia

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Oil Prices

Perry encourages Saudi, OPEC, Russia to work against oil price spike

Saudi Arabia, other members of OPEC and Russia are to be admired for trying to prevent a spike in global oil prices, U.S. Energy Secretary ...

 

U.S.-Saudi Relations

Saudi Arabian troops continue joint military drills with US armed forces

A joint military drill between Saudi Arabia and the US army, called the Shield of Prevention-2, is continuing in the Kingdom having launched on Sunday. ...

 

Saudi Aramco IPO

Saudi Aramco says reports on SABIC stake ‘entirely speculative’

Media reports on a potential transaction between Saudi Aramco and the Saudi Arabian Basic Industries Corp. (SABIC) were “entirely speculative,” the state energy firm said ...

 

Entertainment

Trying to shake off its ultra-conservative image, Saudi Arabia launches a new industry: fun

The new offerings are part of an ambitious plan, dubbed Saudi Vision 2030, to diversify an oil-dependent economy, lure outside investment and create jobs for ...

 

E-Commerce

SOUQ launches Amazon Global Store in Saudi Arabia

According to the Saudi Gazette, SOUQ, a leading online retail and marketplace website in the Arab region, on Tuesday announced the launch of ‘Amazon Global ...

 

NCB

National Commercial Bank of Saudi Arabia Joins RippleNet

Following Ripple’s recent pilot with the Saudi Arabian Monetary Authority, the National Commercial Bank (NCB) has joined RippleNet. NCB was the first bank established in ...

 

Housing and Real Estate

Saudi property market among world’s worst performers in Q2

Knight Frank Global House Price Index reveals that real estate market in Saudi Arabia is one of only seven worldwide to show annual price declines ...

 

Saudi-Pakistan

PM Imran Khan to visit Saudi Arabia next week: report

The visit comes two days after Saudi Information Minister visited Pakistan and met with Prime Minister Khan and other top civil and military officials. ...

 

Saudi-Canada

Saudi Arabia reportedly cuts LAV order

It cited internal company documents from March 2017 as saying that only 742 LAV-6 vehicles were going to be delivered to the kingdom instead of ...

 

National Day

Saudi Arabia to break new Guinness records with largest flag and fireworks

The General Entertainment Authority launched the National Day Calendar that showcases wide variety of programs and events, which will begin on Sept. 19 and end ...

 

Justice

King Salman promotes, appoints 110 judges at the Saudi Arabian Ministry of Justice

King Salman has issued a royal order promoting and appointing 110 judges at the Ministry of Justice at various ranks. ...

 

Drone Championship

Saudi students race drones in run-up to DRL World Championship final

The seventh and final event of this year’s DRL championship will be hosted by the Saudi Federation for Cyber Security, Programming and Drones (SFCSPD) at ...

 

Military

Two Saudi pilots killed in helicopter crash: state media

Two Saudi pilots were killed when their helicopter came down in the eastern Yemeni province of al-Mahra on Friday, the Saudi-led coalition fighting the Houthi ...

 

Saudi +

Regional and related topics

Syria

US Marines conduct military exercise with rebels in southern Syria

A Syrian rebel commander said on Thursday that rare military exercises with US Marines in southern Syria sent a strong message to Russia and Iran ...

 

Global Oil Markets

Perry encourages Saudi, OPEC, Russia to work against oil price spike

Saudi Arabia, other members of OPEC and Russia are to be admired for trying to prevent a spike in global oil prices, U.S. Energy Secretary ...

 

Cyber Security

They’re Crying in the Cyber Wilderness

In a reprise of former CIA director George Tenet’s line that the “system was blinking red” with warning signals in the months before the Sept. ...

 

War in Yemen

Arab Media: Saudi, Coalition Cut Off Main Road From Port of Hodeida

"The UAE and Saudi Arabia are very clear about the failure of the Geneva talks and both Abu Dhabi and Riyadh are pursuing the Hodeida ...

 

Lebanon

Lebanon rejects alleged plan to ‘resettle’ Palestinians

Bassil’s remarks came in response to a tweet two days earlier by Israeli Intelligence Minister Yisrael Katz, in which the latter welcomed an alleged plan by ...

 

Iran in the Region

Expediency and betrayal: Iran’s relationship with al-Qaeda

Iran’s relationship with al-Qaeda became increasingly fraught as sectarian fighting spread in Iraq after the US invasion. ...

 

International Visitors

International visitors to US up slightly in 2017

Mexico is the biggest source of international visitors to the U.S. after Canada, and the number of visitors from Mexico to the U.S. fell by more ...

 

Counter Terrorism

Corruption in counterterrorism aid programs fuels extremist groups, says new report

A report released this month by the Center for International Policy’s Security Assistance Monitor finds that U.S. counterterrorism aid intended to bolster U.S. and its ...

 

Libya

France pushes for year-end vote in Libya

Former colonial power Italy and France have been competing for influence in war-torn Libya, rich in oil and gas and a staging post for people smugglers ...

 

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