The Royal Embassy of Saudi Arabia today announced in a distributed press release that the Kingdom has donated $100 million to the U.N. Counter -Terrorism Center on occasion of the Eid Al-Fitr, the end of Ramadan.
Saudi Economy expert John Sfakianakis, formerly with Banque Saudi Fransi and now Chief Investment Strategist for MASIC, pens an analysis in Foreign Policy about how Saudi Arabia’s oil production will outlast the shale craze in the United States.
U.S.-based fertilizer giant Mosaic Company signed a $7 billion contract with Saudi Arabia Basic Industries (SABIC) and the Saudi Arabian Mining Company (Ma’aden) for a 3.5 million ton phosphate operation in the Kingdom, according to a press release issued today.
Photos of the new construction were published on the Instagram handle of Arab News, which show a double-decker structure that appears to dramatically increase the amount of space for pilgrims to circle the holy site.
The website ranks Saudi Arabia’s most popular users based on number of followers and other measurements like Klout, which measures a user’s influence and following on social networking sites.
Organizers of the upcoming U.S.-Saudi Business Opportunities Forum announced today a new website and live registration to the upcoming conference taking place September 16-18 in Los Angeles, California.
