RIYADH: Saudi Arabia lambasted Iran here on Sunday for their proxy war in Yemen, and charged the Tehran regime for supplying weapons to Houthi militants as well as to the forces loyal to former Yemeni President Ali Abdullah Saleh.
RIYADH: The European aircraft maker, Airbus Defense and Space has secured orders for 70 aircraft from regional customers including Saudi Arabia.
RIYADH: Saudi Arabia’s Public Investment Fund (PIF) has shelled out $1 billion for a 38 percent stake in Posco E&C, the construction arm of the giant South Korean steelmaker Posco.
Addressing the inaugural meeting at Al-Yamamah Palace, King Salman said: “We are facing in our region serious challenges in the form of extremism, terrorism, as well as attempts to destabilize our countries … These attempts require our full attention,” said the king at the SICC, which has been convened to upgrade SaudiIraqi strategic ties and counter Iran’s regional influence.
RIYADH: King Salman and Iraqi Prime Minister Haider Al-Abadi jointly inaugurated the first high-profile meeting of the Saudi-Iraq Coordination Council (SICC) on Sunday, recalling the age-old ties of “fraternity, blood, history and destiny” between the Kingdom and Iraq. US top diplomat Rex Tillerson also attended the landmark meeting.
RIYADH: Saudi Arabia, which has extended SR54 billion ($14.4 billion) in humanitarian and developmental assistance to more than 80 countries in a year, ranks as the top donor among nations giving aid and assistance globally.