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.
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.
RIYADH: A major conference hosted by the Public Investment Fund (PIF) gets underway in the Saudi capital today attended by some of the world’s top business leaders and money managers.
RIYADH: A probe is underway into alleged irregularities linked to employee bonuses at Banque Saudi Fransi (BSF). The Riyadh-based bank is part-owned by the giant French lender Credit Agricole.
RIYADH: Banque Saudi Fransi (BSF) has launched an independent investigation into alleged irregularities linked to the payment of employee bonuses. A senior director at the bank, Mohamad Abdulhadi, has retired it also emerged.
RIYADH: King Salman made history on Wednesday as the first reigning Saudi monarch to visit Russia, where he is scheduled to hold wide-ranging talks with Russian President Vladimir Putin and other high-ranking Russian officials on bilateral, regional and international issues.
RIYADH: The Kingdom is set to start a new chapter in its overall relations with Russia, and herald a new era of Saudi-Russian economic cooperation following the high-profile visit of King Salman, which begins on Thursday.