SECURITY

Houthis Strike Abha International Airport in Saudi as Fears of Widening Conflict Grow

Photos on social media carried in Al Arabiya show some damage to the airport.
Yemen’s Houthi rebels attacked an airport in southern Saudi Arabia on Wednesday, wounding 26 people, the Saudi Press Agency (SPA) and other reports confirmed.

Saudi Arabia

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Security

Houthis Strike Saudi Airport, Escalating Yemen Conflict

The Houthis have regularly launched missiles into Saudi Arabia since they began battling the Saudi-led coalition in 2015, but had reined in their strikes as ...

 

Saudi-Iran

Saudi Arabia Threatens Iran With ‘Grave Consequences’ As Tankers And Airport Attacked

In his public statements, Saudi Arabia's Prince Khalid threatened that "appropriate measures will be taken to confront and deter these terrorist militias. We will stand ...

 

U.S. Congress

Lawmakers move to halt Trump’s Saudi Arabia arms sales after contentious hearing

A bipartisan group of lawmakers introduced new legislation Wednesday that would halt the Trump administration's push to circumvent Congress and expedite $8.1 billion in arms ...

 

Telecom

Buying Craze for Saudi Telecom Stocks Has Analysts Frowning

Mobile Telecommunications Co., or Zain KSA, and Etihad Etisalat Co. have risen more than 43% this year, almost three times the advance in the main ...

 

Saudi Aramco

Saudi Aramco to peel back financial veil with August earnings call

Now that Saudi Aramco has revealed itself as the world’s most profitable company, it’s preparing to host its first earnings call in August to discuss ...

 

HSBC in KSA

HSBC Carves Special Role as Banker to the Saudis

HSBC launched its Saudi operations in the 1950s, riding the early years of the kingdom’s oil boom. The bank worked with expatriates and local merchants ...

 

Taxation

Saudi Arabia to Start Levying Sugary Drinks Tax in December

Saudi Arabia will begin implementing a new excise tax on sweetened drinks from Dec. 1, according to the official gazette, as the kingdom seeks to ...

 

Transportation

Saudi Arabia awards $1.15 billion worth of road maintenance contracts

Transport Minister Nabeel Al-Amoudi on Wednesday sponsored a signing ceremony in Riyadh of operation, maintenance and cleaning contracts for roads throughout the Kingdom for the ...

 

KAICIID

Austria to shut Saudi-backed religious dialogue center in rights protest

Austria’s government said on Wednesday it plans to shut a Saudi-funded center for religious dialogue in Vienna after parliament urged it to try to prevent ...

 

Cyber Security

Saudi Arabia’s cybersecurity industry to be valued at $5.5bn by 2023

This year alone will witness the rise of the cybersecurity market value to $3 billion as more investments are being made in the sector. ...

 

Nuclear Energy

Rosatom opens a branch in Saudi Arabia

“The opening of the Russian company’s branch in Riyadh is a significant step in Russian-Saudi relations in the field of nuclear energy. Rosatom’s presence in ...

 

Defense

Saudi THAAD locations revealed

Saudi Arabia is looking to establish nine sites related to the Terminal High Altitude Air Defense (THAAD) system it is in the process of acquiring, ...

 

Saudi +

Regional and related topics

Oil Tanker Attacks

Oil jumps on reports of tanker incident in Gulf of Oman off Iran coast

Tankers the Front Altair and the Kokuka Courageous have sustained significant fire damage and its crews have been evacuated, according to multiple shipping agents and ...

 

U.S.-Iran

Japan premier warns US, Iran ‘accidental conflict’ possible

Abe's trip is the highest-level effort yet to de-escalate the crisis as Tehran appears poised to break the 2015 nuclear deal it struck with world ...

 

Oil Markets

Goldman: No One Knows What’s Going On In Oil Markets

Bloomberg this week quoted Goldman Sachs’ commodities chief Jeffrey Currie as saying it has become “increasingly difficult to know what production levels will balance the ...

 

Iran

Inside Iran: Economy, Life Getting Worse

As the rial plunged to new lows, a record-high 57% of Iranians in late July and August said economic conditions in their communities are getting ...

 

War in Yemen

No Houthi military in three key Yemen ports for past month: U.N.

A U.N. mission monitoring a peace deal between warring parties in Yemen’s Hodeidah region said on Wednesday it had not detected any Houthi military forces ...

 

Sudan

U.S. appoints envoy head as death toll climbs to 129

The State Department said in a statement it appointed Ambassador Donald Booth to head a special envoy for Sudan to lead "U.S. efforts to support ...

 

Algeria

Thousands of Algeria students demonstrate against remaining Bouteflika links

The protest was held against members of the former regime who continue to run the government, especially interim President Abdelkader Bensalah, Prime Minister Noureddine Badawi ...

 

Apple iPhone

iPhone Shipment Numbers Plunge by 22.7 Percent across Europe, the Middle East and Africa

The latest figures from IDC show that Apple’s iPhone shipment (QOQ) has declined across multiple regions including Europe, the Middle East, and Africa. ...

 

Tenderd

Paypal founder Peter Thiel invests in UAE construction startup Tenderd

“The construction industry has always lagged in adopting technology. However, our clients are increasingly more receptive to solutions that will help increase productivity and reduce ...

 

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