Tag: BREAKING NEWS

Saudi Arabia’s King Salman Sends Message To Algeria’s President Via Foreign Minister

September 15, 2021

Riyadh / Saudi Arabia – Saudi Arabia’s King Salman has sent a message to Algeria’s President Abdelmadjid Tebboune via the kingdom’s foreign minister regarding the ‘historical brotherly relations’ and joint cooperation between the two countries, according to state – run Saudi Press Agency. The message was conveyed by Saudi Arabia’s Foreign Minister Prince Faisal bin … More Saudi Arabia’s King Salman Sends Message To Algeria’s President Via Foreign Minister

Saudi Arabia Extends Iqama, Visit, Exist And Re – Entry Visas For Free Till Nov. 30

September 10, 2021

Riyadh / Saudi Arabia – –  Saudi General Directorate Of Passports has started to automatically extend the validity of residence permits (Iqama) for expatriates outside the Kingdom as well as vist visas and exit and re – entry visas without fees or charge until Nov.30. The decision implements the directives of King Salman. The extension, … More Saudi Arabia Extends Iqama, Visit, Exist And Re – Entry Visas For Free Till Nov. 30

Saudi King Refer Public Security Director To Investigator With Corruption Charges – Spa

September 7, 2021

Paris / France – – Saudi Arabia’s King Salman issued a royal decree to terminate the public security director Khalid Al – Harbi and refer him to investigation with corruption charges, the state news agency (SPA) reported on Tuesday. Charges include embezzlement of public money, forgery, bribery and abuse of influence. 

Saudi Arabia’s PIF Hires Banks To Advice On ESG – IFR

September 7, 2021

Paris / France – – Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has hired five international banks as members of an environmental, governance and social (ESG) panel for its medium – term capital – raising strategy, IFR News reported on Monday. Sources told Reuters in July that PIF sent banks a request … More Saudi Arabia’s PIF Hires Banks To Advice On ESG – IFR

Saudi, UAE Leaders Hold Call Amid Rising Regional Rivalry

September 7, 2021

Abu Dhabi / UAE — The crown princes of Saudi Arabia and the United Arab Emirates discussed bilateral relations and other issues in a phone call, state media of the two countries said on Monday. Despite being close allies, economic competition between the Gulf neighbours has been laying bare differences as Riyadh tries to challenge … More Saudi, UAE Leaders Hold Call Amid Rising Regional Rivalry

Saudi Non – Oil Sector Expansion Loses Momentum In August – PMI

September 5, 2021

Paris / France – Saudi Arabia’s non – oil private sector continued to grow in August but lost momentum due to a sharp drop in out expansion, a business survey showed, signalling a challenging recovery from the COVID – 19 pandemic. The seasonally adjusted IHS Markit Saudi Arabia Purchasing Managers’ Index (PMI) dropped to 54.1 … More Saudi Non – Oil Sector Expansion Loses Momentum In August – PMI

Saudis Intercept Houthi Missiles And Drones Aimed At Oil Region

September 5, 2021

Dubai / UAE – – Saudi Arabia intercept a ballistic missile and armed drones fired at its oil – rich Eastern Region by Yemen’s Houthi group on Saturday, and two children were injured by the resulting shrapnel, the ministry of defence said. The Houthi movement, which has been at war against a Saudi – led … More Saudis Intercept Houthi Missiles And Drones Aimed At Oil Region

Yemen’s Houthi Group Says It Has Attacked Aramco Facilities

September 5, 2021

Dubai / UAE – – Yemen’s Houthi group attacked oil facilities belonging to Saudi Aramco in Ras Tanura, in the east of the Kingdom, and other locations including Jeddah, on the Red Sea coast, a military spokesman for the Iran – aligned group said on Sunday. The group said it attacked the facilities with drones … More Yemen’s Houthi Group Says It Has Attacked Aramco Facilities

Saudi PIF, Tadawul To Set Up Exchange For Carbon Offset Market – SPA

September 4, 2021

Milan / Italy – – Saudi Arabian sovereign wealth fund Public Investment Fund and the Saudi stock exchange Tadawul plan to establish a voluntary exchange in Riyadh for offset and carbon credits within the Middle East and North Africa Region, the state news agency SPA reported on Friday. This initiative aims to be the primary … More Saudi PIF, Tadawul To Set Up Exchange For Carbon Offset Market – SPA

Saudi – Led Coalition Destroys Explosive – laden drone – State Media

September 4, 2021

RIYADH / SAUDI  – – The Saudi – led coalition fighting Yemen’s Houthi group said it intercepted an explosive – laden drone launched by the Iran – aligned group towards the Saudi city of Khamis Mushait, Saudi state media reported on Saturday. The Saudi – led military coalition intervened in Yemen in 2015, backing forces … More Saudi – Led Coalition Destroys Explosive – laden drone – State Media