Saudi Arabia's King Salman issued a number of royal decrees on Thursday regarding the Kingdom's security governance, creating a new security authority and separating forces from the Ministry of the Interior, according to reports.
Senate Minority Leader Charles Schumer (D-N.Y.) is the latest U.S. senator to throw support behind a Sen. Rand Paul (R-Ken)-led push to block part of President Trump's $110 billion arms sale to Saudi Arabia, according to reports.
Saudi Arabia's Public Investment Fund (PIF) announced on Wednesday the launch of a national state company for arms manufacturing as part of its Vision 2030 economic and social reform program, according to reports.
Saudi Arabia's under-construction Kingdom Tower Jeddah, set to be the world's tallest building when finished, has been delayed until 2019, Prince Alwaleed bin Talal said at the building's construction site yesterday.
Saudi Arabia’s powerful vice minister of economy and planning Mohammed Al Tuwaijri gave an interview to Bloomberg News on Tuesday and discussed the government’s borrowing plans, infrastructure spending and how the kingdom still intends to balance its budget by 2020.
Lockheed Martin programs in the package include a Terminal High Altitude Area Defense (THAAD) missile defense system with several batteries, the sources told Reuters.
