Saturday 30 July 2016
 
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Saudi King

Saudi King leaves country on holiday

Saudi Arabia's King Salman left the country on holiday on Thursday and appointed the crown prince to manage the kingdom's affairs in his absence, state news agency SPA reported. The statement did not say how long King Salm

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Saudi plans spending cuts, reforms to reduce deficit

Saudi Arabia, its finances hit by low oil prices, announced plans to shrink a record state budget deficit with spending cuts, reforms to energy subsidies and a drive to raise revenues from taxes and privatisation. The 2016 budget,

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Govt to raise efficiency of public spending: Saudi king

Saudi Arabia will seek to diversify its sources of income and improve the efficiency of government spending as it strives to reduce its dependence on oil revenue, which has plunged since last year, King Salman said on Wednesday. &

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Saudi King Salman orders over $8bn investments in Egypt

Saudi Arabia's King Salman has ordered the kingdom to help meet Egypt's petroleum needs for the next five years, Saudi state news agency SPA reported. He also ordered that Saudi investments in Egypt be more than 30 billion

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Saudi Arabia welcomes Iran nuclear deal

Saudi Arabia is satisfied with assurances from US President Barack Obama about the Iran nuclear deal and believes the agreement will contribute to security and stability in the Middle East, a senior Saudi official said on Friday.

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Saudi King vows to punish people behind attack

Saudi Arabia's King Salman said on Sunday he was "heartbroken" over a suicide bombing at a Shi'ite mosque in the kingdom that killed 21 people, state news agency SPA reported, a conciliatory statement as sectarian strife intens

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Air strikes hit Houthi military convoy in Yemen

Saudi-led air forces attacked a convoy of Houthi armoured vehicles, tanks and military trucks travelling on the coastal road from the Arabian Sea town of Shaqra towards Aden in southern Yemen, residents said. The Iranian-backed Sh

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Kerry briefs Gulf leaders on Iran nuke talks

US Secretary of State John Kerry met Saudi Arabia's king and Gulf Arab foreign ministers in Riyadh on Thursday to reassure them that a possible nuclear deal with old adversary Iran would not damage their interests. Kerry arriv

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Saudi King names Sabic CEO defence industries boss

New Saudi King Salman appointed Sabic CEO Mohamed Al-Mady as the president of the country's military industries corporation, a royal decree published on the state news agency SPA said on Saturday. The statement did not make im

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Saudi King names Sabic CEO defence industries boss

New Saudi King Salman appointed Sabic CEO Mohamed Al-Mady as the president of the country's military industries corporation, a royal decree published on the state news agency SPA said on Saturday. The statement did not make im

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