U.S.-SAUDI RELATIONS

Secretary Pompeo, Saudi Deputy Defense Minister Prince Khalid bin Salman Meet in Washington

saudi ambassador KBS
Secretary of State Mike Pompeo and Saudi Deputy Defense Minister Prince Khalid bin Salman met in Washington D.C. yesterday to discuss the ongoing war in Yemen and other U.S.-Saudi defense related topics.

Saudi Arabia

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U.S.-Saudi

Pompeo hopes for resolution in southern Yemen as he meets Saudi deputy minister

The Saudi Arabian government has tried to gather the factions in Riyadh and broker an agreement since the clashes started three weeks ago. ...

 

Capital Markets

Saudi Arabia: Tadawul completes full inclusion on MSCI index

Saudi Arabia’s stock exchange, the Tadawul, has officially completed its full inclusion on the MSCI emerging markets index. The second and final phase of its inclusion ...

 

MSCI Inclusion

IShares MSCI Saudi Arabia ETF Sees Record NYSE Outflows

Investors in a New York-listed exchange-traded fund tracking Saudi Arabian stocks withdrew the most money on record, just as MSCI Inc. completed the country’s long-waited ...

 

Aramco IPO

Aramco Proposes Two-Stage IPO, Shunning London, Hong Kong

Saudi Arabian Oil Co. is considering a plan to split the world’s largest IPO into two stages, debuting a portion of its shares on the ...

 

Economy

Saudi Arabia’s inflation likely to normalise in 2020 – KPMG

Saudi Arabia’s inflation is expected to normalise in 2020 despite that the economy is experiencing a deflationary period at the beginning of 2019, according to ...

 

Construction

Saudi Arabia’s $1.6trn construction projects largest in GCC region

According to leading cost and project management consultancy, Linesight, which has a GCC pipeline worth over $10 billion, activity in the construction sector throughout the ...

 

Houthi Attack

Yemeni rebel missile hits Saudi Arabia’s Abha airport

A missile fired by Yemen's Houthi rebels hit Saudi Arabia's Abha airport on Wednesday night but caused no casualties. ...

 

Taxation

Savings tax ‘could spur Saudi growth and relieve deflation’

Higher taxes on savings could help to boost consumer spending and relieve deflationary pressures on the Saudi economy, according to a report from KPMG Al ...

 

Saudi-UAE

UAE loosens Saudi alliance to push peacemaker image

A loosening of UAE-Saudi ties has implications far beyond bilateral ties. A rift could undermine Trump’s “maximum pressure” push against Tehran, damage Israeli-Palestinian peace efforts, ...

 

Qiddiya

Five hotel chains to be designed for Saudi gigaproject Qiddiya

Six Flags theme park, which today is a largely undeveloped plot of land, will be located 40km outside Riyadh. ...

 

Tourism

Saudi Arabia is now home to the world’s largest camel model

A Saudi Arabia camel festival has achieved its second Guinness World Record this week. Not only is the Crown Prince Camel Festival the biggest of ...

 

Saudi +

Regional and related topics

Yemen Civil War

Pompeo Urges Yemen’s Government, Southern Faction to End Fighting

Secretary of State Mike Pompeo urged Yemen’s government and a local faction to resolve their dispute over control of the country’s south, which threatens Saudi-led ...

 

U.S.-Iran

U.S. Cyberattack Hurt Iran’s Ability to Target Oil Tankers, Officials Say

A secret cyberattack against Iran in June wiped out a critical database used by Iran’s paramilitary arm to plot attacks against oil tankers and degraded ...

 

Taliban Talks

Dunford: Peace Agreement With The Taliban Is ‘Worth Trying’

Dunford and Esper spoke Wednesday at the Pentagon in the first on-camera press conference given by the Defense Department’s top civilian and uniformed leaders in ...

 

Israel-Iran

The Israel-Iran Shadow War Escalates and Breaks Into the Open

Israel has carried out a series of attacks across the Middle East in recent weeks to prevent Iran from equipping its Arab allies with precision-guided ...

 

Climate Change

From Yemen to South Sudan, climate and water stress seen worsening conflict

Social and political tensions fueled by climate change have yet to translate into international military confrontations, but local conflicts are heating up due to pressures ...

 

India and Arabia

Commentary: The Logic of the Rapprochement between India and the Arabian Gulf

Today, about 8.5 millions of Indians reside in Gulf Cooperation Council (GCC) countries, and 55 percent of remittancesinto India comes from the Gulf. A common saying ...

 

Israel in the Region

Commentary: Israel zeroes in on Iran’s Soleimani

“It’s all Soleimani,” a senior Israeli security source told Al-Monitor on condition of anonymity. ...

 

Libya

Libyan UN-backed government denies resignation

The UN-backed government of Libya on Wednesday denied resignation and handing over power to the rival east-based government, confirming that its official Twitter account has ...

 

Iran Sanctions

U.S. Sanctions Iranians for Allegedly Buying Materials for Weapons of Mass Destruction Programs

The Treasury Department said Hamed and Hadi Dehghan used a network of companies that arranged more than $10 million dollars worth of proliferation-related transactions, including ...

 

Heat

Extreme Heat Is a Growing Business Risk

“With heat-related deaths at 20 times more than hurricanes, with rising energy costs and grid instability, and with fewer water resources nationally, it’s time for ...

 

SPACECOM

US Space Command Launches Thursday

The U.S. military has not created a command since U.S. Cyber Command was established in 2009. SPACECOM is the military’s 11th combatant command, and each ...

 

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