Qatar’s Emir Calls for Neighborly Relations with Iran

Qatar’s Emir Calls for Neighborly Relations with Iran






Qatar’s Emir Calls for Neighborly Relations with Iran Qatar’s Emir called for good neighborly relations between Gulf Arabs and Iran in a telephone call with Iranian President Hassan Rouhani, Qatar media reported, amid fresh strains between regional rivals Saudi Arabia and Iran over the haj pilgrimage. Tensions have been rising since Gulf Arab allies variously […]






Saudi Stock Market Easing Restrictions on Foreign Investment

Saudi Stock Market Easing Restrictions on Foreign Investment






Saudi Stock Market Easing Restrictions on Foreign Investment Ownership limits and minimum qualifications for overseas institutions will be eased next month Saudi Arabia will ease restrictions on foreign investment in its securities markets next month, sooner than previously indicated, in an effort to attract more institutional money into its exchange, the regulator said Wednesday. With […]






Saudi Princess Leads Women’s Sports Initiative

Saudi Princess Leads Women’s Sports Initiative






Saudi Princess Leads Women’s Sports Initiative Appointment of Princess Reema bint Bandar bin Sultan came just ahead of the Rio Olympic Games, where 4 Saudi women will compete  Princess Reema bint Bandar bin Sultan was appointed by Saudi Arabia’s Cabinet to head a new department for women under the Kingdom’s General Authority for Sports. Princess […]






Saudi Coalition Will Stay Off UN ‘Blacklist’

Saudi Coalition Will Stay Off UN ‘Blacklist’






Saudi Coalition Will Stay Off UN ‘Blacklist’ Saudi Arabia’s Ambassador to the UN claimed safety of children in Yemen is at the Top of its priorities Secretary General of the United Nations, Ban Ki-Moon, announced that the Saudi-led Arab coalition will remain off the ‘blacklist’ of those causing the deaths of children in Yemen. Earlier […]






$80 Fine for Saudi Motorists Caught Playing Pokemon Go

$80 Fine for Saudi Motorists Caught Playing Pokemon Go






$80 Fine for Saudi Motorists Caught Playing Pokemon Go $NTDOY “Playing Pokemon Go will distract the driver who may hurt himself, other motorists and pedestrians,” an official warned.  Saudi Motorists found playing mobile game Pokemon Go will be fined SAR 300 ($80), the country’s traffic department said. The Traffic Department director general for the Eastern […]






Saudi Arabia Regains Spot as Top Crude Supplier to China

Saudi Arabia Regains Spot as Top Crude Supplier to China






Saudi Arabia Regains Spot as Top Crude Supplier to China $OIL China imported 4.569-M tonnes of Crude Oil from the Kingdom in June Saudi Arabia, the world’s biggest Crude Oil exporter, regained its position as China’s top Crude supplier in June, after losing out to Russia in the previous 3 months, customs data showed Thursday. […]






Brexit to Have Little Impact on Saudi and UAE Financial Institutions

Brexit to Have Little Impact on Saudi and UAE Financial Institutions






Brexit to Have Little Impact on Saudi and UAE Financial Institutions Saudi said it had already made some adjustments to assets denominated in Pound Sterling and Euros Saturday, 2  Gulf states said they did not anticipate their financial institutions to be greatly affected as a result of Britain’s vote to leave the EU. Saudi Arabia, […]






Saudi Arabia Engaged HSBC Banker to Manage Bond Sale

Saudi Arabia Engaged HSBC Banker to Manage Bond Sale






Saudi Arabia Engaged HSBC Banker to Manage Bond Sale Fahad Al Saif has become the 2nd HSBC banker to be appointed to a government role in recent months It was reported Tuesday that Saudi Arabia has engaged HSBC Holdings banker Fahad Al Saif to start a debt management office responsible for the Kingdom’s 1st international […]