Saudi defense minister meets senior US officials in Washington
Saudi Defense Minister Prince Khalid bin Salman met with US Secretary of State Marco Rubio at the State Department on Tuesday. The pair reviewed Saudi-US relations and the shared vision of both nations. They discussed their nations’ common vision to “overcome shared challenges and promote international peace and security,” the minister wrote on social media […]
New Riyadh Metro station opens to the public
A new station on the Riyadh Metro opens to the public at 6 a.m. on Wednesday morning. The Royal Commission for Riyadh City said Qasr Al-Hokm is one of four key stations in the Metro network, serving as a vital hub linking the Blue and Orange lines with the city’s bus services. The stop is […]
Lucid CEO steps down, company expects to more than double vehicle production this year
Electric vehicle maker Lucid Group said on Tuesday that Peter Rawlinson, its CEO for over 5 years, is stepping down from the role, and forecast its vehicle production will more than double this year, sending the company’s shares up 10 percent in extended trading. Through his 12-year tenure as part of the top brass at […]
Saudi Arabia raises $2.36bn in euro bonds, including inaugural green tranche
Saudi Arabia has raised €2.25 billion ($2.36 billion) through a euro-denominated bond sale, including its first green tranche, as part of its Global Medium-Term Note Issuance Program. In a press statement, the Kingdom’s National Debt Management Center said the offering, split into two tranches, saw an oversubscription of four times the issuance size, attracting around […]
HRH Crown Prince Receives Russian Direct Investment Fund Chief
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of the Kingdom of Saudi Arabia, received at his Al-Yamamah Palace office Russian Direct Investment Fund Chief Executive Kirill Dmitriev. During the reception, they reviewed areas of bilateral coordination in investment matters and discussed economic issues. The reception was […]
HRH the Crown Prince Chairs Cabinet Session
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, chaired the Cabinet session held here today. HRH the Crown Prince briefed the Cabinet on his recent talks with President Emmanuel Macron of the French Republic and US Secretary of State Marco Rubio. During these talks, he discussed relations […]
Upon HRH the Crown Prince’s Directives, Riyadh Hosts Russia-US Talks
Upon directives from His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, Riyadh today hosted talks between the Russian Federation and the United States of America, attended by Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah and Minister of State and Cabinet Member Dr. Musaed bin […]
HRH the Crown Prince Congratulates President of The Gambia on Independence Day
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, has sent a cable of congratulations to President of the Republic of The Gambia Adama Barrow on his country’s Independence Day. The Crown Prince wished Barrow continued good health and happiness, and the government and people of The Gambia […]
Saudi crown prince discusses regional developments with French President Macron
Saudi Arabia’s Crown Prince Mohammed bin Salman received a phone call from French President Emmanuel Macron on Sunday, Saudi Press Agency reported. During the call, areas of joint cooperation and ways to enhance them were reviewed, and regional and international developments were discussed. The two officials also exchanged views on the latest developments and efforts […]
Saudi Arabia emerging as an economic ‘powerhouse,’ says top IMF official
Saudi Arabia’s role in the international financial system is growing, solidifying its position as an emerging economic “powerhouse,” according to a senior executive. In an interview with Arab News on the sidelines of the AlUla Conference for Emerging Market Economies, Jihad Azour, director of the Middle East and Central Asia department at the International Monetary […]