Dates Set for Saudi Arabia’s Future Investment Initiative 2019

FII2019

Saudi Arabia

News, analysis, and more

Reema Bint Bandar

Princess Reema bint Bandar assumes post as Saudi ambassador to US

The princess became the 11th Saudi diplomatic representative to Washington since 1945, marking an opening that could grant women greater prominence in government positions. ...

 

Diplomacy

New Saudi Ambassadors Take up Posts in Washington and London

Princess Reema bint Bandar bin Sultan, the Gulf kingdom’s first female ambassador, presented her credentials in Washington while her brother, Prince Khalid bin Bandar bin ...

 

Saudi Economy

Saudi Arabia’s Strategic Transformation Towards Sustainable Development

Through the last four decades, Saudi Arabia has transformed from a Bedouin economy to a modern, developing one, characterized by growing diversification of production and ...

 

Saudi-Kuwait

Saudi Arabia, Kuwait Make Breakthrough in Neutral Zone Talks

Saudi Arabia and Kuwait are the closest in years to restoring oil output from the neutral zone shared by the neighboring nations after making a ...

 

Saudi Aramco

All About The Saudi Plan for the World’s Biggest IPO

The kingdom’s original plan, announced in 2016, was to sell up to 5 percent of Aramco, either on the Saudi bourse and one or two ...

 

Investment

Saudi Arabia’s Future Investment Initiative announces 2019 forum dates

Saudi Arabia’s Future Investment Initiative – commonly dubbed “Davos in the Desert” – will take place from 29-31 October in Riyadh, according to its official ...

 

Border Security

Saudi air defense forces intercept Houthi drones targeting Jazan airport

Saudi air defense forces intercepted weaponized drones launched by Houthi terrorists toward southern Saudi Arabia, the coalition supporting Yemen's legitimate government said early Friday. In a ...

 

Economy

SIDF to Start New Phase to Support Economic Sectors

Saudi Industrial Development Fund (SIDF) is preparing to start a new phase that would stimulate, support and finance the private sector, contributing to the Kingdom’s ...

 

SAMI and South Africa

Saudi Arabia and Paramount sign defence co-operation agreement

Schwer told Reuters last year SAMI had approached a number of South African defence companies to help fulfil its domestic defence needs. The deal with Paramount ...

 

beIN Sports

Dubai’s DIFC court orders Qatar’s beIN Sports to pay Saudi-based Selevision $8 million

The beIN Sports group approached the court previously requesting the cancellation of an arbitration decision issued on June 5, 2018 at the London International Court ...

 

Entertainment

Hip-hop Star Nicki Minaj to Perform in Saudi Arabia

Saudi organizers announced she would be the headline act at the Jeddah World Fest on July 18. The concert, which in line with Saudi laws ...

 

Investment

Deutsche Bank Saudi executive to join Alwaleed’s Kingdom Holding

Tamim Jabr, the chief executive of Deutsche Securities Saudi Arabia, a unit of Deutsche Bank, will join Prince Alwaleed bin Talal’s investment firm Kingdom Holding, ...

 

Tourism

Michelin-starred quality food next on Saudi tourism menu

The Royal Commission for Al Ula (RCU), which is seeking investments of $20 billion to create 35,000 jobs and contribute $32 billion to the kingdom’s ...

 

FIFA eFootball

Abdulaziz Alshehri, the first Saudi Arabian and Asian champion

Another Saudi Arabian player, 'Msdossary', is the current defending champion, meaning that two of the past four FIFA eFootball World Cups are from the Middle ...

 

Jeddah Corniche

‘Statue of Liberty’ appears in Saudi Arabia

Photos and videos circulating on social media show a replica of the Statue of Liberty – America’s symbol of freedom – pop up on the ...

 

Saudi +

Regional and related topics

Global Oil Markets

Perspective: JP Morgan says OPEC’s free pass for US shale will be short-lived

The Middle East-dominated group has succeeded in keeping crude futures near $60 a barrel, albeit five years after oil prices last traded above $100. But, ...

 

Iranian Cyber

Suspected Iranian Cyber Attacks Show No Sign of Slowing

At last week’s Defense One Tech Summit, Ed Wilson, the deputy assistant secretary of defense for cyber policy, described the recent escalation in Iranian offensive ...

 

GCC-EU

Why the GCC and EU should restart negotiations on a free trade agreement

Since the negotiations ten years ago, both parties’ interests in an FTA have changed. The GCC’s economic reality is now fundamentally different. Whereas previously the ...

 

Sudan

Sudan celebrates end of stand-off between military leaders and opposition

Sudan's military leadership and the country's pro-democracy movement have agreed to form a rotating, joint sovereign council that will govern "for the next three years ...

 

Brexit

Opinion: Brexit puts Britain in position to revamp Middle East ties

Nonetheless, a changing flux of relationships in the Middle East would be likely to see new opportunities to take on niche diplomatic capabilities or undertakings, ...

 

Iran Sanctions

Gibraltar detains supertanker filled with Iranian oil

Authorities in Gibraltar said they intercepted Thursday an Iranian supertanker believed to be breaching European Union sanctions by carrying a shipment of Tehran’s crude oil ...

 

Oman

IMF slashes Oman’s 2019 economic growth forecast

The International Monetary Fund has cut Oman’s 2019 economic growth forecast to 0.3 percent from 1.1 percent as OPEC-led production curbs slash oil-related growth among ...

 

Egypt

Remittances of Egyptians abroad fall by 6%, foreign investment by 22%

Despite Egypt’s package of incentives to encourage investors, net foreign direct investment declined by 22.8 per cent to about $ 4.646 billion. ...

 

India

India claims its Aadhaar push is for the ‘good’ of people despite serious privacy concerns

Last year, India’s top court ruled that the central government’s national identification system – Aadhaar – doesn’t violate the privacy of citizens. Now, there are ...

 

Egypt Antiquities

Tutankhamen head fetches millions at UK auction despite Egypt’s protests

Egypt has long demanded the return of artefacts taken by archaeologists and imperial adventurers, including the Rosetta Stone kept in the British Museum - campaigns ...

 

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