May 19th, 2019 | 0 commentsBandar Al-Nahdi has been the first secretary at the permanent mission of Saudi Arabia to the UN in New York since July 2018. He is also the chairman of the Saudi finance and economic committee. Prior to that, he served as the head of the consular section at the Saudi Embassy in the Kenyan capital Nairobi for two years and three months bet...
May 19th, 2019 | 0 commentsSaudi Arabia's King Salman has called for the convening of two summits of Gulf and Arab states to be held on May 30 in Makkah. The meeting will be held in conjunction with the upcoming Islamic Summit. According to a Ministry of Foreign Affairs statement, King Salman has sent an invitation to the leaders of the Gulf Cooperation Council (GC...
May 19th, 2019 | 0 commentsSaudi-led coalition warplanes have bombed Yemeni rebel targets including in the capital Sanaa after the Houthis claimed responsibility for the drone attacks on an oil pipeline in Saudi Arabia earlier this week, said media reports. Meanwhile reports claimed that at least 80 Houthi rebels were killed on Friday in clashes with government for...
May 17th, 2019 | 0 commentsPrince Ahmad bin Fahd bin Salman has been the deputy governor of Eastern Province since his appointment by royal decree in April 2017. Previously, from 2014, he had worked in the political affairs department at the Saudi Embassy in London. Prince Ahmad is the third grandson of King Salman. He has many charitable and humanitarian interests...
May 17th, 2019 | 0 commentsBritain has fueled its appetite to strengthen ties with Makkah by hosting a Ramadan iftar in the holy city. The British Consulate General in Jeddah on Tuesday provided fast-breaking meals at the Hilton Makkah Convention Hotel in Jabal Omar, the first time the country has staged an iftar in Makkah. The consul general and UK special envoy t...
May 17th, 2019 | 0 commentsSaudi Arabia raised its holdings of the US Treasuries by 12.4% year-on-year in March. The kingdom’s holdings of US debt instruments amounted to $170 billion by the end of March, compared to $151.2 billion in March 2018, according to the US Treasury Department’s data. On a monthly basis, Saudi holdings of US government bonds levelled up 1...
May 17th, 2019 | 0 commentsRecent positive indicators combined with an increase in oil prices since the beginning of 2019 have boosted confidence in Saudi Arabia’s economy, the International Monetary Fund (IMF) said in its report released late on Wednesday. The Washington-based fund said it is difficult now to assess future developments in the oil market given unce...
May 14th, 2019 | 0 commentsSaudi Arabia’s relatively new anti-harassment law was put to the test in the past week, with two separate incidents that were publicized online, resulting in the arrests of the offenders, both in their 20s, within a 24-hour period. The first took place on Wednesday night in Alkhobar, where a woman was sexually and verbally harassed as she...
May 14th, 2019 | 0 commentsSaudi Arabia’s energy minister said on Monday that two Saudi tankers were targeted in a “sabotage attack” off the coast of the UAE, the Saudi Press Agency (SPA) reported. Khalid Al-Falih said the two tankers were targeted off the coast of Fujairah. He explained that one tanker was en route to the Kingdom to be loaded with Saudi crude oil...
May 14th, 2019 | 0 commentsThe Saudi Stock Exchange (Tadawul) on Monday announced that it has suspended trading on the stocks of four companies due to not disclosing their financial results for the first quarter of 2019. The four companies are Alujain Corp, Halwani Bros Company, Walaa Cooperative Insurance Company, and National Agricultural Marketing Company (Thima...
