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Prince Alwaleed gives cash incentive for Hilal players
Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), awarded each player of Al Hilal SR20,000 after the Riyadh-based football club qualified for the semifinals of the AFC (Asian Football Confederation) Champions League.
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SAMA net foreign assets rise to $730 billion
Saudi Arabia’s M3 money supply growth accelerated to a three-month high of 13.2 percent year-on-year in July from 12.3 percent in the previous month, central bank data showed on Wednesday. Bank lending growth to the private sector slowed to a three-month low of 11.8 percent in July from 12.3 percent in June.
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How all sides are committing war crimes in Syria
A report published Wednesday by a United Nations-appointed commission on Syria indicates that both the regime of Syrian President Bashar al-Assad and rebel factions seeking its overthrow, including the extremist Islamic State, are guilty of war crimes amid the country's ongoing, brutal civil war. Last week, the U.N. said at least 191,000 Syrians have died since hostilities broke out in 2011.
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U.S. relies on Persian Gulf bases for airstrikes in Iraq
The U.S. military is relying on bases in the Persian Gulf and elsewhere in the Middle East to carry out airstrikes in Iraq but is masking the locations and other details about the units and aircraft involved to avoid embarrassing partners in the region.
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Possible airstrikes in Syria raise more questions
The intelligence gathered by U.S. military surveillance flights over Syria could support a broad bombing campaign against the Islamic State militant group, but current and former U.S. officials differ on whether air power would significantly degrade what some have called a "terrorist army."
- CNN - Opinion: ISIS is forcing a 'moment of truth'
- Al-Jazeera - American fighting with Islamic State killed in Syria
- Washington Post - U.S. rules out coordinating airstrikes in Syria with Assad
- Reuters - U.S. air strikes on Syria would face formidable obstacles
- Quartz - This is the Syrian town where the first US airstrikes could fall
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Saudi Arabia food imports worth $24 billion annually
Saudi Arabia imports almost 70 per cent of its food requirements, according to an economic study conducted by the Saudi Agriculture Exhibition, which noted that the Kingdom pays 90 billion Saudi riyals ($24 billion) annually in return for food. The study, which was released on Tuesday, noted that food expenditure in Saudi Arabia constitutes 26 per cent of all consumer spending and predicted that food consumption will significantly increase by 55.3 per cent to reach 424 billion riyals ($113 billion) by 2016.
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Gaming Social Media
Saudi Arabia’s Commission for the Promotion of Virtue and Prevention of Vice is crying “Foul!” over a video clip that has been appearing on various social media sites. The clip purports to show a member of the Commission uttering threats against blackmailers and homosexuals while presenting himself as a member of the vice police. His is not a part of the Commission but an imposter, authorities say, and they are determined to find out who he is and to punish him.
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Saudi jails 17 for up to 33 years for terrorism offenses
A Saudi special court sentenced 17 people to between nine and 33 years in jail for joining a "terrorist cell" in the kingdom and fighting abroad, state news agency SPA reported Monday.
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Contractors in Saudi Arabia welcome foreign firms, demand equal treatment
Several Saudi contractors have said they are not against the Council of Ministers’ decision to allow foreign contractors to enter the Saudi market as long as they are given equal opportunities. They said all local contractors are hoping for the same treatment foreign contractors will be given and that the Ministry of Labor should grant local contractors the necessary visas to allow them to recruit workers.
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Saudi artist relates the human impact of Mecca’s redevelopment
Ahmed Mater, one of Saudi Arabia’s leading artists, showed an audience at Sotheby’s London last night, Tuesday 12 August, the rampant development in Mecca that has transformed Islam’s holiest site into a luxury destination. Even the official logo of the municipality features a bulldozer alongside Islamic iconography.
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