Saudi 2018 Budget will be ‘Expansionary’ after Two Years of Tight Spending

King Salman

Saudi Arabia

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2018 Budget

Saudi 2018 budget to focus on development, investment: finance ministry

Saudi Arabia’s 2018 budget, to be released on Tuesday, will focus on expansion, development and investment, but will not include new reforms or taxes, a ...

 

U.S.-Saudi Relations

CIA chief Pompeo meets with King Salman in Saudi Arabia

On the Saudi side, the meeting was attended by the king's son, Prince Khalid bin Salman, who is the Saudi ambassador to Washington, as well ...

 

Yemen Civil War

UK warns Saudi Arabia it may have breached international law by blocking food shipments to Yemen

audi Arabia has “no excuses” for blocking food and fuel shipments to Yemen and could be in breach of international humanitarian law if it continues ...

 

Driving Ban Lifted

Saudi women to be allowed to drive motorcycles and trucks

Saudi women will be able to drive trucks and motorcycles, officials have said three months after the kingdom announced a historic decision to end a ...

 

Women Drivers

Important questions answered about women driving in Saudi Arabia

Valid driving licenses obtained from the Gulf Cooperation Council (GCC) can be replaced by corresponding Saudi licenses, the GDT said. ...

 

Privatization

Opinion: How to kick-start the great Saudi privatization bonanza

State Street is proposing the creation of a “national privatization fund” (NPF) that could be used to implement the state sell-off in a way that ...

 

Regional Conflicts

Analysis: Despite the best equipment, Saudi Arabia’s military struggles

Saudi Arabia is one of the best-equipped nations in the world. Yet the Saudi military does not strike fear into the hearts of its adversaries, ...

 

Corruption Crackdown

Report: Saudi billionaire Al-Waleed bin Talal refuses settlement with Crown Prince

The Financial Times reported two sources briefed on the investigations as saying that the prince intends to fight the allegations against him in court he ...

 

Sabih al Masri

Palestinian billionaire Masri released by Saudis; says they ‘gave him all respect’

Sabih al Masri, a Palestinian billionaire and Jordan’s most influential businessman, was released after several days of detention in Saudi Arabia, the latest in a ...

 

Mohammed bin Salman

Report: ‘Anti-corruption’ Saudi Crown prince bought world’s most expensive home

Crown Prince Mohammed bin Salman, heir to the Saudi throne, bought the $300 million newly built chateau near Versailles in Louveciennes, France, the New York ...

 

Investment

Kuwait’s Largest Lender Plans Saudi Arabia, Egypt Expansion

National Bank of Kuwait, the country’s largest lender, plans to hire hundreds of people and open more branches in Saudi Arabia and Egypt as it ...

 

Pharmaceuticals

GlaxoSmithKline boosts stake in Saudi Arabia unit

British drugmaker GlaxoSmithKline (GSK) said on Monday it has boosted its stake in its Saudi Arabian unit to 75 percent as it seeks to benefit ...

 

Saudi +

Regional and related topics

Jerusalem

U.N. to vote Monday on call for U.S. Jerusalem decision to be withdrawn

The United Nations Security Council is due to vote on Monday on a draft resolution calling for the withdrawal of U.S. President Donald Trump’s decision ...

 

National Security Strategy

Donald Trump to Reverse Obama’s Inclusion of Climate Change as Threat to National Security

In a speech that is expected to prioritize the president’s “America first” security blueprint, the threat of climate change will be downplayed in a sharp ...

 

ME Risks

Analysis: The real risks in the Middle East

In the search for clarity in one of the world’s most complex regions, it is hard to avoid turning to the long-trodden constructs and contrasts ...

 

Cyber Attacks

How the Pentagon’s cyber offensive against ISIS could shape the future for elite U.S. forces

The U.S. military has conducted cyber attacks against the Islamic State for more than a year, and its record of success when those attacks are ...

 

Egypt Power

Egypt Plans Power Link to Saudis in $1.6 Billion Project

The link will cost about $1.6 billion, with Egypt paying about $600 million, Egypt’s Electricity Minister Mohamed Shaker said Monday at a conference in Cairo. ...

 

National Bank of Kuwait

Kuwait’s Largest Lender Plans Saudi Arabia, Egypt Expansion

National Bank of Kuwait, the country’s largest lender, plans to hire hundreds of people and open more branches in Saudi Arabia and Egypt as it ...

 

Afghanistan

US commandos carry out thousands of operations in Afghanistan

American special operations forces have been busy over the last six months in Afghanistan, enabling or advising more than 2,000 ground operations in support of ...

 

Iran

Commentary: The genesis of a new Iranian nationalism

Although nationalistic sentiments were evident in cultural production in the Islamic Republic in the 1980s and 1990s, what is now evident is an effort in ...

 

South Pars

China’s CNPC Considers Taking Over South Pars Gas Field

China National Petroleum Corporation (CNPC) is mulling the taking over of the majority stake in an Iranian gas project from Total if the French company ...

 

GCC

View: Despite Gulf Crisis over Qatar, GCC Pushes Ahead

Furthermore, even with the crisis in Gulf relations casting a shadow, it’s instructive to look at the GCC’s ambitious agenda, which isn’t usually public but ...

 

Iran in the Region

APT 34 Is an Iran-Linked Hacking Group That Probes Critical Infrastructure

The group appears to target financial, energy, telecommunications, and chemical companies, and FireEye says it has moderate confidence that its hackers are Iranians. ...

 

International Finance

Bitcoin futures launch on CME as cryptocurrency marches towards the mainstream

Bitcoin edged closer towards being seen as a mainstream financial investment on Sunday after the launch of futures contracts tied to the cryptocurrency’s price. ...

 

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