U.S.-SAUDI RELATIONS

Princess Reema bint Bandar al-Saud Presents Credentials to President Trump at White House

Saudi Ambassador to the United States Princess Reema bint Bandar al-Saud presented her credentials to President Trump at the White House on Monday, officially beginning her tenure as the Kingdom’s new top diplomat in Washington.
Saudi Ambassador to the United States Princess Reema bint Bandar al-Saud presented her credentials to President Trump at the White House on Monday, officially beginning her tenure as the Kingdom’s new top diplomat in Washington.

Saudi Arabia

News, analysis, and more

Saudi Aramco

Aramco awards $18 billion in contracts to boost capacity at Marjan, Berri oilfields

Saudi Aramco has awarded 34 contracts with a total value of $18 billion for engineering, procurement and construction projects at its Marjan and Berri oilfields, ...

 

Security

Saudi-led coalition says it foiled Houthi attack on ship in Red Sea

Naval forces from the Saudi-led coalition fighting in Yemen foiled an attempted attack on a commercial ship in the Red Sea by the Iran-aligned Houthi ...

 

Princess Reema Bint Bandar

Saudi envoy presents credentials to President Trump

Saudi Ambassador to the United States Princess Reema bint Bandar al-Saud has met with US President Donald Trump on Tuesday and presented her credentials as ...

 

Yemen Civil War

UAE troop drawdown in Yemen was agreed with Saudi Arabia: official

The United Arab Emirates had been planning its recent troop drawdown in Yemen for over a year and coordinated its move with key ally Saudi ...

 

Food and Beverage

Saudi Arabia’s Savola Group issues 1 bln riyals sukuk

Savola Group, Saudi Arabia’s largest food products company, has raised 1 billion riyals ($267 million) in sukuk, or Islamic bonds, in a deal in which ...

 

Technology

Talented graduates from 8 Saudi universities to lead Kingdom’s cloud digitization drive

The high-profile initiative, part of an agreement between Microsoft Arabia and the Saudi Ministry of Education, aims to provide specially selected graduates with the knowledge ...

 

Culture

Saudi ministries join hands to help preserve historic urban landmarks

Two Saudi government ministries have agreed to join forces in a bid to preserve key historic and cultural landmarks in the Kingdom while at the ...

 

Media

King Salman receives Saudi media officials, writers

Saudi Minister of Media Turki Al-Shabanah, heads, chairmen of boards of directors, editors in chief of media agencies, newspapers, members of the Saudi Journalists Association ...

 

Jeddah Season Event

Jeddah Season Presents the World with Multi-cultural Experiences in Saudi Arabia

Running from 8 June to 18 July, 2019, the Jeddah Season is one of the distinct seasonal programs taking place across the country this year ...

 

Banking and Finance

Saudi Arabia’s first securitization deal

Extra recently announced that it has securitized SR166mn of its receivables from installment sales “Tasheel program”. The deal is the first non-asset backed securitization transaction ...

 

Saudi +

Regional and related topics

Iran

Iran crisis needs collective effort, senior Emirati official says

Briefing CNBC Monday on condition of anonymity, the senior Emirati official said that Iran’s fast-collapsing international nuclear deal was almost bound to fail from the ...

 

Israel-Palestine

The provocations of Trump’s ambassador to Israel are upturning decades of U.S. diplomacy

Friedman, one of Trump’s earliest ambassadorial appointments, has been the prime mover behind a string of new U.S. tactics and positions, helping to engineer the ...

 

Oil Markets

Oil Gains Before Fed Chair Testimony While Mideast Risks Linger

Oil rose to trade near $58 a barrel in New York as investors awaited guidance from the Federal Reserve on interest rates and as tensions ...

 

Bahrain

Bahrain records hottest June in more than 100 years

Bahrain has recorded temperatures that make the month of June the hottest ever experienced in the Arab Gulf country in more than a century. Summers in ...

 

Iraq

3 killed in twin bomb explosions in central Iraq

A total of three people were killed and three others injured on Tuesday in two coordinated roadside bomb explosions in a town in Iraq's central ...

 

Islamic State

Trump Administration Pushes Europe to Try ISIS Suspects

Some 2,000 suspected fighters from dozens of countries, including hundreds from Europe, languish in Kurdish detention in northeastern Syria, and the Trump administration has been ...

 

Syria

Germany rejects US demand for ground troops in Syria

US representatives had requested Germany increase their military presence in Syria as the US plans to move its own troops out of Syria in the ...

 

Turkey

Turkey is the poster child for what happens when politicians mess with central banks

Turkey is the poster child for what can happen when political leaders meddle with central banks. Years of pressure from Erdogan limited the central bank's ...

 

Venture Capital

Unlocking VC investing in the Middle East

Saudi Arabia and the United Arab Emirates have launched a number of initiatives and government policy programs over the past couple of years in a ...

 

UAE

Abu Dhabi turns on the ‘world’s biggest’ single site solar plant with 3.2 million panels

The UAE spent £700million (3.2billion AED) on the project which is part of the emirate's energy strategy to increase the percentage of clean energy from ...

 

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