Saudi Arabia's Public Investment Fund (PIF) has announced it will lead the redevelopment of Jeddah’s waterfront corniche, creating a "unique tourist, residential and commercial destination" that aims to become the “New Jeddah Downtown."
Saudi Arabia will remove its ban on internet phone calls on Thursday, a government spokesman said, in a bid "aimed at stimulating online business as the kingdom looks to boost non-oil revenue," Reuters reports.
The New York Times published a profile and interview with Saudi Arabia's new Ambassador to the United States Prince Khaled bin Salman and the significant role the young prince will play in the U.S.-Saudi diplomatic and economic relationship.
U.S. President Donald Trump spoke with Saudi King Salman on Wednesday and urged “all the parties in the Qatar dispute” to find a diplomatic resolution to end the crisis, according to a White House statement.
Qatar has responded positively to Saudi Arabia's decision to open its border with with the Gulf Arab nation for Hajj pilgrims, but also criticized a “politicization” of the key pilgrimage, according to reports.
Saudi Aramco's advisers have recommended London for the historic listing of the oil company, sources familiar with the matter told Reuters in an exclusive report.
