FATIMAH BAESHEN

Saudi Embassy Spokeswoman: ‘The Kingdom is not Easternizing or Westernizing, it’s Modernizing’

Fatimah Baeshen
The first spokeswoman for the Royal Embassy of Saudi Arabia, Fatimah Baeshen, said in an interview that the Kingdom is not sacrificing culture or values with its Vision 2030 economic and social reform program and that the program has "something for everyone" in Saudi Arabia.

Saudi Arabia

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Housing and Real Estate

Saudi Arabia’s $32 Billion Bid to Build Private Mortgage Market

Saudi Arabia plans to spend 120 billion riyals ($32 billion) on subsidized home loans for borrowers, as it seeks to create conditions for an expanded...

 

Saudi Football Rights

Saudi Telecom signs $1.8 billion soccer broadcast deal as state clout grows

State-run Saudi Telecom has tentatively agreed to pay $1.8 billion for rights to broadcast Saudi Arabian professional soccer matches over 10 years, a fresh sign...

 

Change in Saudi

Saudi Arabians are ready to embrace social change – but fear it may come at a cost

“Overall there are good overdue changes . But I think that these freedoms are not the main concern at the moment. Many...

 

Renewable Energy

From Oil to Solar: Saudi Arabia Plots a Shift to Renewables

Life in Saudi Arabia has long been defined by the oil that flows from the kingdom. Over decades, the vast wealth it pumped out paid...

 

Debt Finance

Saudi Arabia working with HSBC, JPMorgan, MUFG on $10 billion loan refinancing

Saudi Arabia is working with HSBC, JPMorgan and Mitsubishi UFJ Financial Group on the refinancing of its existing $10 billion syndicated loan, said banking sources...

 

Tourism

Tourist visas for Saudi Arabia: ‘Most conservative country on Earth’ prepares for visitors

"We've been told by the tourism ministry to prepare," a hotel manager at a four-star hotel in Riyadh said. "Our staff will be allowed to...

 

Hospitality

Saudi hospitality sector to grow 13.5% per annum to 2022

According to a new report, issued ahead of Arabian Travel Market 2018, recent reforms in Saudi Arabia – not to mention widespread investment in the...

 

Housing

60% of Saudi families may own homes by 2020

Some 60% of Saudi families may own homes by 2020 and 70% by 2030 as per the Eskan (Housing) program launched in Riyadh by 16...

 

ACWA Power

Saudi Arabia awards ACWA Power its first 300 MW solar PV project

The agreement to develop the 300 megawatt (MW) solar project in Sakaka, will be signed with ACWA on Wednesday, the ministry said, adding it was...

 

Fatimah Baeshen

Saudi Arabia Embassy’s First Spokeswoman Talks About Growth: Video

The first spokeswoman for the Royal Embassy of Saudi Arabia says the kingdom’s plan for growing its economy includes more women in the workforce....

 

NCB

Saudi’s largest lender, NCB, reports 11.8% profit rise

Saudi Arabia's National Commercial Bank (NCB), the kingdom's largest lender, reported an 11.8 percent rise in fourth-quarter net profit on Tuesday, helped by a drop...

 

Corruption Crackdown

Anti-Corruption Campaign In Saudi Arabia Raises Questions On Economic Health Of Country

The government will have to draw a red line behind this process, which I think they're trying to do now, to say that this was...

 

Nuclear Power

Perspective: A Poorly Negotiated Saudi Nuclear Deal Could Damage Future Regional Relationships

The odds of Westinghouse (or Russian, Chinese, Japanese or French reactor vendors) winning a Saudi contract against a bid by South Korea—the only country building...

 

Yemen Civil War

Saudi Arabia, at war with Yemen rebels, sends aid to nation

Leemi's story reflects the two faces of the kingdom in the nearly 3-year-old war in Yemen. Saudi Arabia says it has spent nearly a billion...

 

Saudi +

Regional and related topics

Arab GDP

Saudi Arabia, UAE Economies Constitute 46% of Arab GDP

“The UAE and Saudi Arabia also control almost 53 percent of the total foreign trade of Arab countries in terms of goods and services.”...

 

Oil Price

Oil prices pare losses, as financial markets rebound after sell-off

Brent was down 21 cents at $67.41 a barrel by 9:45 a.m. ET (1445 GMT) after falling as low as $66.53 earlier in the session....

 

Syria Civil War

Airstrikes outside Syrian capital kill at least 25 civilians

Russian and Syrian government forces launched a new wave of airstrikes on Tuesday, killing at least 25 civilians in a besieged area just outside of...

 

ME Peace

UN chiefs warns of ‘one-state reality’ in Middle East

UN Secretary-General Antonio Guterres warned Monday that recent developments in the Middle East could create "an irreversible one-state reality" that would bury the two-state solution...

 

U.S. Military

US Moves Combat Power From Iraq To Afghanistan

While Iraqi officials and defense contractors refused to say how many troops are being moved from one war zone to the other, as first reported...

 

Afghanistan

Commentary: Meet the Believers: The Afghanistan War’s US Commanders are Ready For a Reboot

In Washington, there are few believers in the Afghanistan War. In Kandahar, there is a veritable church for it. The sermon may sound a little...

 

Iran

Iran report: 49% are against compulsory veils

Iranian President Hassan Rouhani has waded into a highly charged debate over the country's mandatory hijab law, abruptly releasing a three-year-old report suggesting that nearly...

 

Muslim Brotherhood

Egypt’s Muslim Brotherhood Finds Favor Again

Like his predecessors, President Abdel Fattah El-Sisi has found the group impossible to ignore....

 

Turkey

McMaster to visit Turkey over weekend, Tillerson to come next week

S. National Security Advisor H.R. McMaster is expected to visit Turkey over the weekend, while Secretary of State Rex Tillerson will come next week, Turkish...

 

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