The palatial Ritz-Carlton in Riyadh may re-open in mid-February 2018 after it served as a makeshift detainment center for Saudi elites accused of corruption charges.
Saudi Arabia announced that it will lower the required minimum assets under management for qualified foreign institutions starting this month, according to Bloomberg and a statement by the Saudi Capital Markets Authority (CMA).
The Saudi Ministry of Culture and Information (MoCI) launched an official and certified account for Saudi cinema on Twitter yesterday and used its first tweet to proclaim the return of Saudi cinema.
Saudi Arabia said it intercepted a Yemeni rebel missile over Riyadh on Tuesday as residents reported a "loud boom" that shook buildings in the Saudi capital.
Saudi Arabia’s Ministry of Culture and Information has confirmed that commercial cinemas will be allowed to operate in the Kingdom as of March 2018, according to a statement by Minister Awwad Al-Awwad.
For the second time in a month, the Saudi military has intercepted and destroyed a ballistic missile that was launched from Yemen on Thursday. The missile did not cause any casualties.
While speaking at the ADIPEC Energy Conference in Abu Dhabi, Aramco CEO, Amin Nasser, declared Saudi Aramco's plans to invest $300 billion over 10 years in upstream oil and gas projects.
