November 13th, 2018 | 0 commentsKing Salman held talks with British foreign minister Jeremy Hunt in Riyadh on Monday to discuss the latest developments in the region. Hunt also held talks with Crown Prince Mohammed bin Salman, Saudi Press Agency said. Speaking before the meeting, the minister said he would discuss the war in Yemen, where Britain is supporting fresh UN e...
November 13th, 2018 | 0 commentsThe Houthi militia are using civilians as human shields in key Yemeni cities as they continue to lose territoy in the conflict. Last week, Amnesty accused the Iran-backed militants of taking over a hospital in Hodeidah and posting snipers on the roof. But the Houthis are also deliberatley placing civilians in the firing line in other part...
November 13th, 2018 | 0 commentsSaudi Telecom Company (STC) is negotiating the terms of TV, digital broadcasting, and marketing sponsorship agreement with the General Sport Authority (GSA) and the Saudi Arabian Football Federation (SAFF). STC will unveil details of the ten-year deal signed with the two parties in August once agreed on, the state-run telecoms firm said i...
November 13th, 2018 | 0 commentsArab countries need more than $230 billion to be able to achieve the goals of sustainable development, according to the recommendations of the annual conference of the Arab Forum for Environment and Development (AFED). The 11th edition of AFED discussed “Financing Sustainable Development in Arab Countries” and stated its recommendations c...
November 13th, 2018 | 0 commentsSaudi Arabia-based Fitaihi Holding Group has extended a non-binding memorandum of understanding (MoU) with the UAE’s Ithmar Capital Partners for a month to consider the possibility of establishing a joint venture (JV). The deal will end on Tuesday, 11 December, according to Fitaihi’s statement to the Saudi Stock Exchange (Tadawul) on Mond...
November 13th, 2018 | 0 commentsThe Saudi Stock Exchange (Tadawul) started Monday with a positive performance after its main Tadawul All Share Index (TASI) jumped 39.31 points, or 0.5%, to 7,750.42 points. By 10:55 am Saudi time, TASI’s trading volume hit 29.73 million shares exchanged at a turnover of SAR 693.73 million through 27,380 transactions. The diversified fina...
November 13th, 2018 | 0 commentsThe Saudi Stock Exchange (Tadawul) closed Monday with a positive performance after its benchmark Tadawul All Share Index (TASI) surged 63.88 points, or 0.83%, to 7,774.99 points. TASI’s traded volume reached 125 million shares, up from 123.11 million in the previous session, while the main market’s trading value increased to SAR 3.34 bill...
November 12th, 2018 | 0 commentsHe is also board chairman of several institutions including the National Water Company, the Saudi Grains Organization, the Agriculture Development Fund, the Saudi Wildlife Authority, and the General Authority of Meteorology and Environment Protection. Al-Fadhli worked in the petroleum industries sector for 13 years before joining Almarai...
November 12th, 2018 | 0 commentsThe King Salman Humanitarian Aid and Relief Center (KSRelief) on Saturday delivered 1,600 cartons of dates in Yemen’s Dhale governorate benefiting 9,600 people. KSRelief, since its establishment on May 13, 2015, has implemented 482 projects at a cost of about $2 billion in 42 countries. Yemen, due to its great importance to the Kingdom an...
November 12th, 2018 | 0 commentsThe murder of journalist Jamal Khashoggi is a tragedy both for his family and for Saudi Arabia, and those responsible will be brought to justice, the Saudi Ambassador to Germany said in an interview published on Sunday. “In the end, we will know who did what and when. We take this very seriously,” Prince Khalid bin Bandar bin Sultan told...
