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Tag: Saudi Arabia

Posted on July 6, 2020

The dazzling rise and tragic fall of Saudi Arabia’s Mohammed bin Nayef

A grim new chapter in the Saudi “Game of Thrones” battle for control of the kingdom appears to be underway, as Crown Prince Mohammed bin Salman prepares corruption and disloyalty charges against his …

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Posted on July 5, 2020

Coronavirus cases rising in Saudi Arabia, UAE after curfews lifted

Saudi Arabia’s coronavirus infections have passed 200,000 and neighbouring United Arab Emirates 50,000, with the number of new cases climbing after the Arab world’s two largest economies fully lifted …

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Posted on July 5, 2020

Saudi Arabia’s private sector business activity shrinks further in June

June data highlighted another difficult month for Saudi Arabia’s non-oil private sector economy, with cautious business and consumer spending patterns widely reported to have held back new order …

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Posted on July 5, 2020

What Saudi Arabia’s big bank merger says about the kingdom’s economy

The $15.6bn deal to combine National Commercial Bank and Samba would create a banking giant in terms of loans with almost a 30% market share in the kingdom …

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Posted on July 4, 2020

Dozens of U.S. Diplomats to Leave Saudi Arabia as Coronavirus Outbreak Worsens

A group of U.S. diplomats and their families are leaving Saudi Arabia this weekend amid a surge in new coronavirus cases, drawing into focus the kingdom’s struggle to contain the outbreak as it …

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Posted on July 3, 2020

Gaddafi, extremist preacher discuss plans to overthrow Kuwait, Saudi rulers: Audio

Former Libyan dictator Muammar Gaddafi and Kuwaiti hate preacher and author Hakem al-Mutairi are heard discussing plans to overthrow the leaders of Kuwait and Saudi Arabia in the latest audio …

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Posted on July 3, 2020

New Saudi Arabia airport design resembles shimmering desert mirage

A lavish new airport designed to look like a shimmering desert mirage has been unveiled as part of Saudi Arabia’s multi-billion plan to reinvent itself as a major international tourism destination.

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Posted on July 3, 2020

Jamal Khashoggi murder: Turkey puts 20 Saudis on trial in absentia

Khashoggi was a vocal critic of the prince. Saudi Arabia carried out a separate trial over the killing that was heavily criticised as incomplete. The trial in Istanbul follows an international outcry …

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Posted on July 3, 2020

Citi targets more growth in Saudi Arabia after adding over 20 bankers in two years

Citigroup is planning to hire more bankers in Saudi Arabia for its direct custody business after adding more than 20 for onshore capital markets in the last two years, its Europe, Middle East and …

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Posted on July 2, 2020

Saudi Arabia to Bahrain causeway said to reopen late July

The King Fahd Causeway shut on March 7 as part of the precautionary measures implemented by Saudi Arabia The roadway linking Bahrain to Saudi Arabia is expected to reopen on July 27, Asharq Al-awsat …

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