Riyadh’s unfinished King Abdullah Financial District (KAFD) located halfway between downtown Riyadh and King Fahd International Airport is headed for new ownership and a revised master plan.
Ahead of Saudi Arabia’s landmark Vision 2030 announcement, the Kingdom tested its credit-worthiness from international lenders by raising $10 billion, despite downgrades by Moody’s and Standard & Poor’s (S&P) earlier this year.
Days after the Vision 2030 plan was announced the Saudi Public Investment Fund (PIF) reshuffled the board of the Saudi Arabian Mining Company - known as Ma'aden - and named Khalid Falih Chairmen of the Board. Falih is also Chairman of Aramco and Minister of Health.
Saudi Arabia's deputy crown prince Mohammed bin Salman, who is chair of the Council of Economic Development Authority (CEDA) and minister of defense presented the long-awaited 'Vision 2030' framework of new policies to be pursued by the Saudi government.
Saudi Arabia's has launched the 'Saudi Arabia 2030' National Transformation Plan (sometimes referred to as 'Vision 2030') today with a video announcement on Twitter and the first video interview with Deputy Crown Prince Mohammed bin Salman given to the news channel Al Arabiya.
President Obama arrives tomorrow (Wednesday) in Riyadh for meetings with King Salman and other top Saudi government leaders, and to attend a GCC summit meeting.
CIT’s Secretary General Omar Bahlaiwa has been appointed Acting Secretary General of the Council of Saudi Chambers, succeeding Khalid Al-Otaibi. The position took effect on April 10th.
Last night's report by CBS's 60 Minutes with correspondent Steve Kroft examined the controversy regarding 28 pages of the 2002 U.S. House/Senate Intelligence Report on the 9/11 Attacks.
