Cairo : Saudi Arabia has transferred $60 million to the Palestinian Finance Ministry, Saudi Ambassador to Egypt Osama bin Ahmed al-Nugali announced on Wednesday. Nugali said in a statement that the amount, transferred by the Saudi Development Fund (SDF), represents ...
Read More »Tag Archives: Saudi Arabia
Feed SubscriptionSaudi Arabia voices regret over inclusion in EU money-laundering blacklist
Riyadh : Saudi Arabia has expressed regret about the decision by the European Commission (EC) to place the Kingdom on a blacklist of 23 non-EU countries and territories accused of posing a high risk of money laundering and financing terrorism, ...
Read More »Cabinet okays inking 3 MoUs with Saudi Arabia
New Delhi : The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the signing of three Memorandums of Understanding (MoUs) with Saudi Arabia for strengthening cooperation in the fields of tourism, customs and investment. The MoU would ...
Read More »Saudi crown prince inaugurates King Abdullah Port in Rabigh
Rabigh : Saudi Crown Prince Mohammed bin Salman, deputy premier and minister of defense, on Monday inaugurated King Abdullah Port during his visit to King Abdullah Economic City (KAEC). A speech ceremony was held on the occasion highlighting the official ...
Read More »Saudi announces launch of first communications satellite
Riyadh : Saudi Arabia on Tuesday announced the launch of its first satellite for communications from the French Guiana Space Centre, Saudi Press Agency reported. Khaled bin Abdulaziz Al-Falih, minister of Energy, Industry and Mineral Resources, said the launch aims ...
Read More »Saudi Arabia transferred American-made weapons to militants in Yemen: CNN
Washington : Saudi Arabia and its coalition partners have transferred American-made weapons to Al Qaeda-linked fighters, Salafi militias and other factions waging war in Yemen, in violation of their agreements with the US, according to a CNN report. The weapons ...
Read More »Saudi anti-corruption crackdown recovers $106 billion in assets
Riyadh : Saudi investigators have recovered assets worth more than $106 billion (SR400 billion) in an anti-corruption crackdown ordered by Crown Prince Mohammed bin Salman, the royal court said on Wednesday. The funds are in the form of property, companies, ...
Read More »UAE, Saudi Arabia announce launch of common digital currency ‘Aber’
Abu Dhabi : The United Arab Emirates Central Bank (UAECB) and the Saudi Arabian Monetary Authority (SAMA) announced Tuesday the launch of a common digital currency project ‘Aber’, which will be used in financial settlements between the two countries through ...
Read More »Saudi media minister meets editors-in-chief of local newspapers
Riyadh : Saudi Arabia’s Media Minister Turki bin Abdullah Al-Shabanah met the editors-in-chief of Saudi newspapers at the headquarters of Saudi Press Agency (SPA) in Riyadh. During the meeting, they discussed media-related subjects and means to support and develop them. ...
Read More »Saudi Arabia issues 2.6 mn Umrah visas
Riyadh : Saudi Arabia has granted 2.664 million visas for pilgrims to perform Umrah this year, a 2.79 per cent up over the corresponding period last year, according to official statistics released on Friday. Up till now, 2.250 million pilgrims ...
Read More »