King Salman Delivers Opening Speech at Shoura Council

King Salman
King Salman gave his annual speech at the opening of the third year of the Shoura Council’s seventh session on Monday and discussed a number of regional and local issues.

Saudi Arabia

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King Salman

Saudi king urges action against Iran, backs Yemen peace in speech

Saudi Arabia’s King Salman called on the international community on Monday to halt Iran’s nuclear and ballistic missile program, and he also reiterated the kingdom’s ...



CIA concludes Saudi crown prince ordered Jamal Khashoggi’s death, sources say

The sources told CNN that the CIA based its assessment on available intelligence, as opposed to any specific smoking gun-type of evidence. ...


War in Yemen

Yemeni Houthis halt missile attacks on Saudi coalition, raising peace prospects

Graham Griffiths, a senior analyst at Control Risks Middle East, said the announcement was potentially important as it comes in response to the coalition’s pausing ...


Saudi Aid

KSA grants $84.7bn in aid to 79 countries: KSRelief chief

Saudi Arabia has given $84.7 billion in foreign aid to 79 countries between 1996-2018, according to Dr. Abdullah Al-Rabeeah, general supervisor of the King Salman ...



Saudi Arabia expects tourism revenues to exceed $56.2 billion USD by year end

Saudi Arabia expects tourism revenues to exceed 56.2 billion U.S dollars by year end, Saudi Press Agency reported Sunday. ...


Saudi Aramco/SABIC

Aramco Abandons Plan for Massive Corporate-Bond Sales to Fund Sabic Deal

Saudi Arabian Oil Co., as the company is officially known, had considered issuing up to $40 billion in bonds to help buy 70% of Saudi ...



Saudi launches $19bn second phase of private sector incentive plan

The first SAR40bn ($10.66bn) phase of the SAR112bn ($29.84bn) stimulus plan included new financing provided to businesses by the Industrial Development Fund, a series of ...



Saudis transform ancient site into Formula E race track

Officials say Ad Diriyah is bristling with activity to transform the ancient site into a venue for electric car racing. ...


Stock Market

Banks aid Saudi stocks gain after one-month low

Saudi stocks rose early on Monday, a day after falling to a one-month low, as banks rebounded and oil prices gained amid expectations that the kingdom ...


Housing and Real Estate

Saudi Arabia to build 19,000 homes as part of Sakani scheme

Saudi Arabia will build a total of 19,359 residential units for its citizens as part of its major housing development programme Sakani. ...


Khashoggi Crisis

Germany Says 18 Khashoggi Suspects Barred From European Travel

Germany said 18 Saudi citizens suspected in the killing of journalist Jamal Khashoggi have been banned from entering Europe’s passport-free travel area. ...


Saudi Diplomats

11 newly appointed Saudi ambassadors sworn in

Eleven newly appointed Saudi ambassadors were sworn in before King Salman at Al-Yamamah Palace in Riyadh on Sunday. ...


Saudi +

Regional and related topics

War in Yemen

UN envoy says Yemen peace talks will begin ‘shortly’

Addressing the UN Security Council on Friday, Martin Griffiths thanked the Saudi-led coalition for agreeing to the conditions needed for consultations and said it marked ...


Oil Prices

Oil steadies as market prices in expectations of OPEC supply cut

Oil steadied on Monday, having gained in the previous three sessions from the prospect that top exporter Saudi Arabia will push OPEC and maybe Russia ...



For Iran’s Economy, the Price of a Car Matters More Than the Price of Oil

The combination of reimposed sanctions, a slowing economy, and a devalued currency have put Iran’s automotive sector under severe pressure With nearly 1 million jobs ...



Taliban holds talks with US envoy in Qatar

Taliban officials have held three days of talks with the United States' special representative for Afghanistan in Qatar, Zalmay Khalilzad, aimed at renewing the peace ...


GCC Summit

GCC summit offers hope to end dispute: Kuwaiti minister

The next Gulf Cooperation Council summit, to be held in Riyadh next month, may be an opportunity to end the rift within the group, Kuwait’s ...



Iraq Resumes Kirkuk Oil Exports A Year After Halt

Iraq resumed on Friday oil exports from the Kirkuk province, a year after it had stopped oil flows from the area due to a dispute ...



US to accuse Iran of violating chemical weapons treaty

The officials said the administration plans to announce next week that Iran is not complying with the 1997 Chemical Weapons Convention, which outlaws the production, ...



Oman Combines Oil Companies to Create Refining-to-Trading Giant

The largest Persian Gulf producer that’s not an OPEC member is combining state-run oil investment and refining companies to form a business that spans pumping ...


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