Bomb attack at French-organized World War I commemoration event In Jeddah

An improvised explosive device (IED) went off injuring four people at a World War I commemoration ceremony organized by the French embassy in the Saudi port city of Jeddah. The French foreign ministry reportedly in a statement condemned the incident. Read more

Saudi public investment fund poised to invest in Egypt’s sovereign wealth fund

Saudi Arabia’s Public Investment Fund (PIF) is keen to inject investment into Egypt’s Sovereign Wealth Fund (TSFE) as well as into other projects, reports say citing a statement from the Egyptian government. TSFE has according to the statement submitted investment Read more

Saudi Arabia to help Yemen to rebuild transport network

Saudi Arabia has pledged to help rebuild the transport network in Yemen ravaged by several years of conflict opposing Saudi-backed Yemeni regular forces and Iran-supported Houthi rebels. The kingdom’s transport minister Saleh bin Nasser Al-Jasser penned the pledge through an Read more