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US and Saudi Arabia close to defence and civil nuclear deal
“We now have a near final set of arrangements, which would be the bilateral elements of this deal, and we really believe the Saudi deal is pretty much there,” the senior official said. “But there are elements of it, including a credible pathway for the Palestinians and also some other elements, that would still have to be completed.” The official added: “The crisis needs to recede to open up space for this.”
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Satellite Images Show Massive Theme Park Taking Shape in Saudi Arabia
A massive new water and theme park is being constructed in the deserts of Saudi Arabia, part of yet another megaproject commissioned by Crown Prince Mohammed bin Salman as part of his vision to turn the kingdom into a top tourism destination.
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Saudi Eyes F-35 Stealth Fighters In Landmark Defense Deal As US Looks To Push China Out Of Kingdom
The White House announced on May 20 that substantial progress had happened in the discussions between the US national security adviser and the Saudis over the weekend, bringing the two countries closer to a final agreement on a bilateral defense accord. John Kirby, the White House’s spokesman for national security, stated that the two sides were “closer than we’ve ever been” on a bilateral agreement that is “near final.”
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State of Play: The fight for Roshn Saudi League survival
The relegation race is tightening in the Roshn Saudi League as we head into the penultimate round of fixtures. Realistically, as bottom side Al Hazem’s fate is already sealed, four teams are fighting for survival, with Abha, Al Okhdood, Al Tai and Al Riyadh separated by two points towards the foot of the table, and while Al Raed are mathematically still not safe, it would take a comprehensive list of results working against them if they are to face a first-ever relegation.
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Arab reactions: Demise of Iran’s president, FM invites sympathy
In the wake of the May 19 passing of Iranian President Ebrahim Raisi and Foreign Minister Hossein Amir-Abdollahian in a helicopter crash near the border with Azerbaijan, the heads of Arab countries and non-state actors alike have expressed sympathy with Tehran. Some of the reactions, including from countries such as Egypt and Saudi Arabia, reflect Raisi’s focus on fostering improved relations with Iran’s neighbors as his top foreign policy priority. Moreover, as the late president and his companions will be laid to rest, the Islamic Republic is set to host a number of foreign leaders
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Commentary: The Impacts of Raisi’s Death
In the near term, the principal impacts will be domestic rather than international. The coercive power of the state in Iran is under the supreme leader, not the president. Still, Raisi was a trusted partner and ideological soulmate to the revolutionary clerical establishment. In fact, many expected him to be in the running for supreme leader after the incumbent, 85-year-old Ayatollah Ali Khamenei, leaves the scene.
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Riyad Capital launches 1957 Ventures fund to drive Saudi fintech innovation
Nadir Al-Koraya, CEO of Riyad Bank, stated, "The launch of the 1957 Ventures fund demonstrates Riyad Bank's unwavering commitment to driving fintech innovation and digital transformation; this fund builds upon our track record of supporting cutting-edge initiatives in this pivotal sector. By empowering startups and entrepreneurs, we fuel Saudi Arabia's economic growth and diversification, aligning with the bold ambitions of Vision 2030. While proud of our past impact, we recognise the vast potential still ahead and are dedicated to fostering sustainable growth."
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Crash of Ayatollah Khamenei’s Succession Plans
Addressing a gathering of Islamic Revolutionary Guard Corps officers and their families, Khamenei urged the public “not to be concerned or anxious” and assured them there would be “no disruption in the work of government.”
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Saudia Group orders 105 A320neo Family aircraft to support Saudi Arabia’s aviation goals
Saudia Group, represented by Saudia, the national flag carrier of the Kingdom of Saudi Arabia, and flyadeal, the group’s low-cost carrier, has signed a firm order for an additional 105 A320neo Family aircraft. The order comprises 12 A320neo and 93 A321neo aircraft. This increases Saudia Group’s Airbus aircraft order backlog to 144 A320neo family aircraft.
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Saudi Arabia’s RSIFF hosts ‘Women in Cinema’ gala in Cannes
Saudi Arabia’s Red Sea International Film Festival (RSIFF) hosted the “Women in Cinema” Gala in partnership with Vanity Fair Europe in Cannes on Saturday, attracting celebrities from across the world.
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