Instead, officials said, Iran hired criminals in Eastern Europe who encountered few obstacles as they cleared security checks at Heathrow Airport, spent days tracking Zeraati and then caught departing flights just hours after carrying out an ambush that their victim survived — perhaps intentionally, investigators said, to serve as a warning but not trigger the fallout that would come with the murder of a British citizen.
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Saudi Arabia to Serve as Launch Point for Major Cruise Line for First Time in 2021
Saudi Arabia will become the launch point for a major cruise line for the first time later this year, CNN reports, with MSC Cruises operating a new series of voyages exploring the Red Sea coast of the Kingdom.
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Saudi Arabia Crown Prince: U.S., Saudi Arabia Still ‘Brothers’, Says Differences Minimal
Crown Prince Mohammed bin Salman of Saudi Arabia said in televised remarks aired on Tuesday in the Kingdom that the United States was still a strong strategic partner under the Biden administration and that Riyadh and Washington had only a few differences which it was working to resolve.
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Vice Media Group to Partner with SRMG, Open Office in New Trendy Arts and Culture District in Riyadh
Edgy global media brand VICE Media Group today unveiled the expansion of its commercial operations into Riyadh with the launch of a new local office and partnership with top Saudi media brand, the Saudi Research and Marketing Group (SRMG).
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Report: Lucid Motors Committed to Building Factory in Saudi Arabia after PIF Investment Round
A Wall Street Journal report on Tuesday revealed that the electric-car startup Lucid Motors Inc. has an “undisclosed commitment to build an assembly plant in Saudi Arabia, a potentially costly promise the company made after accepting more than $1 billion in financing from the Saudi Public Investment Fund in 2018.” The promise could be both […]
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Saudi Economy: Latest Economic Indicators Point to Evidence of Recovery — Jadwa Investment
Economic indicators for the Saudi economy from the month of January continued to point to a recovery in the non-oil sector, Jadwa Investment says in its latest Chartbook detailing the fundamentals of the Kingdom’s economy.
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Saudi Arabia’s PIF Significantly Increases Investments in U.S. Markets, Wins Big on Live Nation
Saudi Arabia’s Public Investment Fund (PIF) significantly increased its holdings and investments into U.S. companies in the fourth quarter (Q4) of last year, public filings made public last week show, after slashing its exposure in Q3. The PIF’s total investments in the U.S. market reached $12.8 billion in the fourth quarter last year, up from $7 billion […]
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Dazzling Designs Revealed for a ‘Coral Bloom’ Concept at Saudi Arabia’s Red Sea Project’s Main Hub Island at Shurayrah
Saudi Arabia this week unveiled a new, visionary design and plans for the Red Sea project’s main hub island at Shurayrah, a “Coral Bloom” concept created by world-renowned architecture firm Foster + Partners.
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Johnson Favored as Saudi Arabia Gears Up for 3rd Saudi Invitational; Nicklaus Agrees to Design New Course at Qiddiyah
Saudi Arabia’s flagship annual golf tournament begins Thursday with world number one golfer Dustin Johnson as the favorite to win at the Royal Greens Golf Club in King Abdullah Economic City, Saudi Arabia. The Saudi Invitational, presented by the Public Investment Fund offers a purse of €3,019,002 ($3,630,712.19), with the strongest-yet field of 138 players set to compete. 12 Major […]
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In ‘Routine’ Action, New Biden Administration to Review Some Arms Sales from Previous Administration to Saudi Arabia, UAE
President Joe Biden’s administration has temporarily paused some pending arms sales to U.S. allies in order to review them, a move that is typical for most new incoming administrations, especially if arms sales are announced just hours before the outgoing administration departs.
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First American Chamber of Commerce Established in Riyadh; ABGR Becomes AmCham KSA
The American Business Group of Riyadh (ABGR) has formally become part of the global network of the American Chambers of Commerce with the announcement that the group will now be known as the American Chamber of Commerce in Saudi Arabia (AmCham KSA), the first such establishment of its kind in the Kingdom.
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Three takeaways as Saudi Arabia begins 2026 World Cup qualifying with draw and win
The third round of Asian qualifying for the 2026 FIFA World Cup began for Saudi Arabia last week and after a pair of matches against Indonesia and then China this Tuesday, the Green Falcons are sitting in second place on four points in Group C, behind leaders Japan. With rival Japan winning both of its opening matches, it sets up a fascinating clash between the two sides atop Group C next time out in Jeddah on October 10. Here, Al Arabiya English highlights three key takeaways from Saudi Arabia’s opening fixtures as it aims for a place at the 2026 FIFA World Cup in USA, Canada and Mexico.
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Aramco fosters closer collaboration with key Chinese partners
The agreements reinforce Aramco’s ongoing contribution to China’s long-term energy security and development, support China’s participation in Saudi Arabia’s economic growth, and foster collaboration in new technology development. They include preliminary documentation relating to a Development Framework Agreement with Rongsheng Petrochemical Co. Ltd. (Rongsheng) and a Strategic Cooperation Agreement with Hengli Group Co., Ltd.
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Over 1 million Saudi ID cards renewed through Absher
The Ministry of Interior, represented by its Civil Status Agency, has carried out more than one million national ID card renewals through the Absher platform. This is through using the latest facial recognition technologies since the launch of the electronic service in 2022. Saudi male and female citizens have benefited from the national ID card renewal service by uploading a personal photo electronically through the Absher platform, and it is possible to renew the ID 180 days before its expiry without the need to visit personally the Civil Status offices.
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A new crisis may plunge Libya back into chaos
In recent months, though, the considerable drama gripping the country has been far more shadowy, shaped by backroom deals, black market transfers and illicit smuggling. But it’s equally important and fraught. A rolling crisis over control of Libya’s central bank has paralyzed the economy and sparked new fears of conflict. Oil exports have dropped precipitously in recent weeks, while ordinary Libyans are facing long lines at gas stations, restrictions on their ability to withdraw cash from banks and a collapsing electricity grid.
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Personal Data Protection Law Transition Period to end on September 14, 2024
The one-year transition period granted to bring businesses’ activities into compliance with the Personal Data Protection Law of the Kingdom of Saudi Arabia is about to end on September 14, 2024. Given the law’s extraterritorial reach, it is crucial to consider its applicability and the data protection measures implemented.
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Pakistan requests Saudi Arabia to provide $1.2bn oil facility
The Saudi government wants to invest in the Reko Diq project to procure 15 percent stakes in two phases but the transaction is yet to be accomplished. Pakistan had struck a staff level agreement with the IMF under the $7 billion Extended Fund Facility (EFF) but it is yet to be placed before the Fund’s Executive Board for approval of the loan.
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Non-Saudis invest over $106.6B in Saudi market
The Saudi Exchange Co. (Tadawul) is working on introducing a package of developments in the derivatives and options contracts market, which was launched in December 2023 to boost liquidity and diversify contracts, CEO Mohammed Al-Rumaih said.
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Hong Kong in talks with UAE and Saudi sovereign wealth funds for Asia investments
Hong Kong is in talks with sovereign wealth funds in Dubai, Abu Dhabi and Riyadh to channel their investments into broader Asian markets including China and enable deals for Asian investors in the Gulf, a senior government official has said. The city, one of the biggest financial and trading hubs in Asia, has already developed a strong deal pipeline in Asia, the GCC and the broader Middle East region, in sectors such as energy, sustainability, infrastructure and utilities, commissioner for Belt and Road Nicholas Ho told The National.
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Sudan accuses UAE of arming rivals and prolonging war, UAE accuses Sudan of refusing to talk peace
The Sudanese government accused the United Arab Emirates on Wednesday of providing weapons to its rival paramilitary force and prolonging the 17-month war. The UAE called the allegations “utterly false” and “baseless” and accused the government of refusing to negotiate peace with its enemy.
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Iran turns to Hells Angels and other criminal gangs to target critics
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