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  • Kingdom Holding Company
    The CEO of Snapchat met with Saudi Arabia’s Prince Alwaleed amid funding rumors

    The meeting, well-documented by the Saudi Prince’s media team, apparently covered a number of topics, including “political, business, and economic issues,” and “Prince Alwaleed’s investments in the U.S. in light of being the largest individual foreign investor there.” Most importantly, according to the Kingdom Holding Company’s press release, “future potential business cooperation between KHC and Snap Chat” was “on the agenda.”

  • Tourism
    Saudis vacationing abroad spend over $750 million during recent holiday

    The Tourist Information and Research Center (MAS) revealed that 766,300 Saudi tourists left the Kingdom during the midterm holiday and spent around SR2.8 billion, with an average of SR3,611 per tourist. The number of visitors coming to the Kingdom during the same period reached 740,200, with an overall disbursement of SR2.3 billion, an average of SR 3,133 per tourist.

  • Iran
    Saudi Arabia prepares for Iran nuclear deal

    Saudi Arabia is quietly preparing for an international nuclear agreement with Iran that it fears will rehabilitate its Shiite Persian rival. King Salman bin Abdul-Aziz Al Saud's approach eschews the public spectacle of Israeli Prime Minister Benjamin Netanyahu's speech to Congress (indeed, the Saudis don't want any association with Israel) and instead focuses on regional alliances to contain an emergent Iran.

  • Raif Badawi
    Saudi Arabia ‘surprised and dismayed’ at criticism of flogging of liberal blogger

    Saudi Arabia has rejected strong criticism from a German ambassador over the treatment of a liberal blogger sentenced to 1,000 lashes and ten years in prison for insulting Islam in his blog.

  • Aramco
    Saudi Aramco Says Operating 212 Drilling Rigs, No Decision On Increase

    Aramco deployed 210 oil and gas rigs in 2014, an exceptionally busy year, company sources had said.

  • Minerals
    Discovering Business | Exploiting the Kingdom’s Mineral Wealth

    Saudi Arabia is not only a land of desert sands, as many believe, but one with a wide range of rocks which contain a vast mineral wealth greater than any other Gulf state and includes gold, copper, phosphate, and a wide array of industrial minerals. Such is the scale of this wealth that the Government, as part of its economic diversification strategy, plans to turn its fledgling mining industry into the “third pillar” of the economy after oil and petrochemicals.

  • MERS
    Saudi public heedless of coronavirus risks: Survey

    The World Health Organization has cited the preliminary results of studies indicating that people working with camels are at increased risk of infection from MERS and young camels are particularly susceptible. A surge in MERS cases typically occurs around this time of year, when there are more juvenile camels circulating, Bin Saeed said.

  • Saudi - Egypt
    27 Saudi chambers of commerce, 170 investors to attend Economic Summit: FEDCOC

    Saudi Arabia, currently investing more than $5.7bn in Egypt, is the largest investing Arab country in Egypt, with 27% of total Arab investments. The kingdom is followed by the United Arab Emirates (UAE) with more than $4.5bn in investments, then Kuwait with more than $2.7bn in investments, said Director-General of FEDCOC Alaa Ezz.

  • Saudi Arms Purchases
    Saudi Arabia replaces India as largest defence market for US

    Saudi Arabia has replaced India as the largest importer of defence equipment worldwide and took the top spot as the number one trading partner for the US in 2014, according to IHS’ annual Global Defence Trade Report.

     

  • King Abdullah 1924-2015
    The Legacy of King Abdullah: A Conversation with Gen. Anthony Zinni

    The last time I saw him he invited me to go with him to a Majlis that was scheduled that afternoon. This was an informal gathering for consultations. I was the only non-Saudi present. It was a Majlis for tribal leaders. He had a member of the Royal Court escorting me tell me about an earlier session when he told tribal leaders he wanted to put girls schools in their areas. About half had objected. So he said look, I’ll put them where the tribal leaders accept them. This time the other half was coming back saying they wanted them now. They saw the benefit.