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Saudi Arabia’s Deputy Crown Prince and Interior Minister Muhammad bin Nayef headed a high-level delegation to Britain on Tuesday, Al Arabiya News Channel reported.
It said "research reports" showed that Saudi Arabia aims to increase water reuse to more than 65% by 2020 and over 90% by 2040 by transforming its existing and planned wastewater treatment assets into water supplies. It said the Saudi government aimed to achieve 100% reuse of wastewater from cities with 5,000 inhabitants or more by 2025. "The kingdom has tremendous potential to enhance water reuse by over seven times to 241 million m3/year," added Jon Freedman.
Saudi women are increasing their presence in the country's workforce. One striking example is a successful online advertising agency that was started in 2011. The company only recruits women.
An accounting scandal at Saudi Arabia's Mobily is set to constrain dividend payouts from the former stock market darling for the next few years and make investors more picky about companies in the kingdom.
Iran itself has had a complicated relationship with the phrase, at points trying to downplay it: For example, when it is officially translated to English, it is "Down with America" (an alternative translation of the Farsi original: مرگ بر آمریکا). Iranian clerics briefly canceled the use of the chant after the Sept. 11, 2001, attacks, though it returned with a vengeance after President George W. Bush listed Iran as part of an "axis of evil" in 2002.
The need for greater economic diversification in Saudi Arabia and the opportunities that diversification will create for local and international banks will be reviewed at an upcoming Euromoney conference in the kingdom.
France says it will begin shipping $3 billion worth of weapons paid for by Saudi Arabia to the Lebanese army in April.
Almost all camels in the Gulf are infected with the Middle East Respiratory Syndrome (MERS), a Saudi Health Ministry official has been reported as saying.
Tanmiyat, a Saudi property developer and investor, plans to spend 800 million dirhams ($218 million) this year completing Dubai projects that stalled after the city’s 2008 real estate collapse.
Morgan Stanley and Bank of America Corp. are set to work on the first share sale in Saudi Arabia managed by a U.S. bank since 2008, as the largest stock exchange in the Middle East prepares to open to foreign investors.