Members from both parties in Congress are preparing legislation seeking to block President Trump's plan for $8 billion in weapons sales to Saudi Arabia, the UAE and Jordan, according to reports.
Saudi Arabia began hosting Arab leaders for two emergency summits starting today after attacks this month on oil assets has heightened tensions with Iran, according to reports.
The latest official government figures on inflation for Saudi Arabia show a decline in prices after a year of reforms, according a recently released report by Jadwa Investment.
Saudi Arabia said on Monday that two of its oil tankers were among those attacked off the coast of the United Arab Emirates, Reuters reports, with a total of four vessels being impacted by an attack.
Government revenue surged to SR245 billion ($65 billion) the first quarter of this year, an increase of 48 percent year-on-year, according to recent data revealed by Jadwa Investment.
The U.S. Senate on Thursday sustained President Donald Trump’s veto of a resolution demanding an end to military support for the Saudi-led coalition waging war in Yemen, in a victory for the White House’s policy of continued backing for the kingdom.
Saudi Arabia’s General Commission for Audiovisual Media (GCAM) announced that the Kingdom will spend $35 billion on cinemas by 2020, according to reports.
