The government of Saudi Arabia has arrested 88 it says were "on the verge of carrying out operations," news agencies are reporting. The move is the latest in an ongoing crackdown on extremism.
Ultimately, Jadwa sees Saudi Arabia's Capital Market Authority (CMA) taking its cue from the China Securities Regulatory Commission's opening of the Shanghai Stock Exchange in 2003.
In a recent FocusKSA (a joint Saudi-US Trade Group/SUSRIS.com initiative) interview with Pat Ryan, SUSRIS Editor-in-Chief, former U.S. Ambassador Smith discussed the King Abdullah Scholarship Program and the significant impact that it will have on future generations of Saudis.
In what may be another step in a growing thaw in Saudi-Iranian relations, Iran's Deputy Foreign Minister Hossein Amir Abdollahian visited Jeddah, Saudi Arabia on Tuesday and met with Saudi Arabia's Foreign Minister, Prince Saud al Faisal.
Leone Lakhani and Alanna Petroff write in CNN Money that Saudi Arabia is the "next big emerging market" following the announcement of the TASI opening to foreign investors.
The recent announcement that the Saudi Stock Market will open to foreign investors is causing a surge in the market for investors, according to a report in Bloomberg:
The Kingdom's women are increasing their share in Saudi Arabia's private sector commercial activity, the Ministry of Commerce and Industry said in an annual report.
