MODON, GAMI Ink Deal to Promote Investments in Saudi Arabia’s Defense Sector

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Saudi Arabia

News, analysis, and more

Islam and Society

Liberated Saudi Youth Wonder Where All the Wahhabis Have Gone

The vast halls of the Dhahran Expo in Saudi Arabia’s oil-rich Eastern Province tingle with youthful excitement. One 28-year-old would-be entrepreneur named Zaid, wearing an...

 

Women in the Workforce

Two years later, Saudi women get ready to join the police force

The most recent official statistics revealed that the number of Saudi females working in both public and private sectors reached a total of 596,700 in...

 

Yemen Civil War

Saudi Arabia discussing Yemen truce in informal talks with Houthis

Saudi Arabia is intensifying informal talks with the Iran-aligned Houthi movement on a ceasefire in Yemen, sources familiar with the discussions said....

 

SMEs

Funding boost to fuel Saudi SME sector

Bab Rizq Jameel Microfinance Company has teamed up with Kafalah, the Saudi government’s SME financing program, to work together to support small and medium enterprises...

 

VAT

VAT returns near $13mln, non-oil income up 77% in Saudi Arabia

Commitment to the value-added tax (VAT) in Saudi Arabia has reached 90%, surpassing all estimates, said the Saudi Minister of Finance, Mohammed Al Jadaan. Al Jadaan...

 

OPEC+

OPEC says Saudi gave assurances Aramco IPO won’t affect commitment to group deals

Barkindo also said that Saudi Arabia, OPEC’s top producer and de facto leader, has reassured the exporting group that a stock market listing of oil...

 

GAMI

MODON, GAMI sign deal to promote investments in Saudi military sector

Through this cooperation, the two parties will seek to guide licensed investors toward targeted fields in Saudi industrial cities affiliated with MODON, who will provide...

 

Security

Saudi Arabia Exerts Efforts to Enhance Security of Int’l Sea Lanes

Saudi Arabia continues to take qualitative steps towards securing international corridors and freedom of maritime navigation. The Royal Saudi Naval Forces is expected to organize the...

 

UNESCO

Italian tenor Bocelli joins Saudis and UNESCO to help children affected by war

Italian opera singer Andrea Bocelli launched his “Voices of the World” musical education program at UNESCO’s headquarters in Paris on Wednesday to help children affected...

 

Women

West has it wrong on Saudi women’s rights, says princess

“The West always thinks that women in my country are vulnerable and not being given their rights,” Princess Lamia told The National on the sidelines...

 

Higher Education

The new universities law in Saudi Arabia

Realistically, we will see the results of these amendments clearly over the next five years, but it is a promising step for higher education with...

 

Bank of America

Bank of America hires Saudi investment banking head

Bank of America hired former CEO of Swicorp Saud Al Tassan to head investment banking in the Kingdom of Saudi Arabia. Swicorp is a Saudi...

 

Saudi +

Regional and related topics

U.S.-Turkey

US and Turkey have friendly talks but differences persist

The Turkish president told reporters he might be persuaded to use the U.S.-made Patriot system “as well” as the Russian S-400. Trump said they would...

 

Global Oil Markets

OPEC chief says rival oil supply could underperform in 2020

“This is coming from the companies themselves, who are saying our (OPEC’s) numbers are more optimistic,” he told reporters. “We are more optimistic than them....

 

U.S.-Syria

About 600 US Troops to Remain in Syria, Esper Says

“All in-country, 600-ish,” Esper, on the way to Seoul, told reporters traveling with him Asia. “’-Ish’ because it changes on a daily basis, people moving...

 

Lebanon

Protester killed as Lebanon’s Aoun defends allies, sparking new demonstrations

A man was shot dead south of Beirut after the army opened fire to disperse protesters blocking roads, Lebanese state media said Wednesday, nearly a...

 

U.S. Department of State

In Fiery Impeachment Hearing Over Trump’s Ukraine Policy, Diplomats Hold Their Own

“If there is a silver lining, it is that the American people have had a rare chance to see American diplomats at work” and to...

 

Syria

U.S. adds companies to economic blacklist for providing WMD activity support in Syria

The U.S. Commerce Department on Wednesday added more than a dozen companies and individuals to its trade blacklist for allegedly providing material support to chemical...

 

Gaza

Death toll surges as Israel-Gaza violence enters third day

The death toll from Israeli airstrikes on the Gaza Strip rose to 32 in three days after Palestinian officials said on Thursday six members of...

 

ME IPOs

Analysis: Where are the other IPOs in the Mideast?

The Middle East needs more IPOs, but first it needs to grow companies that neither compete with the state for business, nor depend on the...

 

UAE-Egypt

UAE, Egypt launch $20 billion joint investment program

The United Arab Emirates and Egypt launched a $20 billion joint investment program on Thursday to develop "economic and social projects". Abu Dhabi Crown Prince Sheikh...

 

Abu Dhabi

Oil is our gold and we aim to use all of it, ADNOC official says

Abu Dhabi National Oil Co aims to exhaust its vast oil and gas reserves even as many consumers switch to cleaner sources of energy, a...

 

Pakistan

‘Plan B’: Pakistan anti-government protesters leave capital to block roads countrywide

Rehman’s campaign is the first concerted opposition challenge that cricket star-turned-politician Khan has faced since he won a general election last year, promising to end...

 

Yemen Civil War

Emariti soldier in Saudi-led coalition fighting in Yemen killed in Najran

An Emariti soldier in the United Arab Emirates troops that are part of the Saudi-led coalition fighting in Yemen was killed in Saudi Arabia’s Najran...

 

555th Fighter Squadron

Storied ‘Triple Nickel’ fighter squadron deploys to Middle East

AFCENT said it is the first time the 555th — which is part of the 31st Fighter Wing and is popularly known as the “Triple...

 

NATO

NATO Secretary General begins official visit to the United States

NATO Secretary General Jens Stoltenberg began an official visit to the United States on Tuesday (12 November 2019). During his visit, he will meet with...

 

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