Saudi Crown Prince shows generosity during first visit to Egypt

Saudi Arabia’s Crown Prince Mohammed Bin Salman showed generosity during his first visit to Egypt Sunday as the two nations have signed agreements to activate a 60 billion Saudi riyal ($16 billion) investment fund, agreed upon in 2016. The Crown Read more

KSA: Mohammed bin Nayef relegated, Mohammed bin Salman becomes Crown Prince

A royal decree published by the Saudi Press Agency has announced changes in the royal establishment with prince Mohammed bin Nayef being relieved from his position and replaced by King Salman’s young son Prince Mohammed bin Salman who become the Read more

Saudi Arabia’s Vision 2030, a Broad Reform Plan

Saudi Arabia will embark on a broad reform plan meant to diversify the country’s economy beyond dependence on oil exports, state media reported on Monday. The plan, known as Saudi Arabia’s Vision 2030, was approved Monday by the Saudi cabinet. Read more

Iran: Freeze Production Agreement Fades away as Iran Increases Own

Hopes of an agreement between major oil producers to freeze production could be fading away after the Iranian oil minister Bijan Zanganeh said that exportation of the country’s oil and gas condensate has exceeded 2million barrels per day after daily Read more

Yemen: Bahah Dismissed as Prime Minister, Named Presidential Advisor

President Hadi relieved Khaled Bahah of his duties as Prime Minister and Vice-President of his government on Sunday and named him as his advisor. Local and international media claim the removal was due to the two men’s differing opinions on Read more

KSA: Saudi heads new 34-country military alliance against terrorism

Saudi Arabia’s crown prince and defense minister Mohammed bin Salman told reporters that 34 countries from different regions have decided to join an international military alliance dedicated to fight against terrorism under the leadership of Riyadh. The announcement means that Read more

Syria: National Coalition boycotts U.N talks because of Russia

A Turkey-based coalition of Syrian opposition groups, known as the National Coalition, denounced the Russian airstrikes in Syria and decided to boycott the U.N led negotiations in protest against the move. Russia said its action is meant to help the Read more

Egypt, KSA sign Cairo Declaration to boost cooperation and integration

Saudi Defense Minister Mohammed Bin Salman’s one-day visit to Cairo ended with the Egyptian presidency announcing the adoption of the “Cairo Declaration” that is geared towards strengthening cooperation and boosting military, economic and investment ties between the two countries. Under the six-point Declaration, Read more