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Bahrain to distribute 3,000 homesBahrain will distribute more than 3,000 housing units to citizens, marking Ramadan and Eid Al Fitr, following orders from HRH Prince Salman bin Hamad Al Khalifa, Crown Prince, Deputy Supreme Commander and First Deputy Premier, reported the G More… |
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Saudi bourse rises as prince outlines reformsSaudi Arabia's stock market recovered from early losses and rose in late trade on Monday as Deputy Crown Prince Mohammed bin Salman outlined a sweeping economic reform plan. Measures include building up the government's Pu More… |
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Saudi Arabia draws up new economic reforms amid low oilSaudi Arabia's deputy crown prince has privately outlined plans to reshape the economy to withstand low oil prices, sources said, in what could be the biggest policy shake-up since the kingdom's economy was last hurt by cheap oil over a More… |
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US rejects notion Gulf rulers snubbing summitThe White House scrambled on Monday to counter perceptions that the Saudi king's absence from a summit later this week could undermine US efforts to assure Gulf states it remains committed to their security against Iran. King More… |
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Saudi king sending crown prince to Obama summitSaudi Arabia's King Salman has designated his crown prince to attend a Gulf Arab summit with US President Barack Obama, the state news agency, SPA, reported on Sunday, just two days after the White House said the monarch would attend the gat More… |
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Saudi Arabia’s succession reshuffle is credit positiveSaudi Arabia’s cabinet reshuffle, occurring so soon after King Salman’s smooth succession to the throne in January, is credit positive amid the economic and security challenges facing the kingdom, a Moody’s report said. More… |
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New Saudi crown prince marks a generational shiftSaudi Arabia's new heir to the throne Crown Prince Mohammed bin Nayef, a close friend of the United States and a scourge of Islamist militants, will be the country's first king from the third generation of its ruling dynasty. More… |
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Saudi King Salman replaces heir in reshuffleSaudi King Salman on Wednesday appointed Interior Minister Prince Mohammed bin Nayef as his new heir, replacing the monarch's half brother Prince Muqrin, and made his son, Defence Minister Mohammed bin Salman, second in line to succeed. More… |
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Saudi crown prince assures cabinet on King's healthSaudi Crown Prince Salman bin Abdulaziz al-Saud offered assurances at a cabinet meeting on Monday about the health of King Abdullah, who was hospitalised last week, state news agency SPA said. Markets keep a close eye on the healt More… |
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Abu Dhabi crown prince in Qatar ahead of summitAbu Dhabi crown prince paid a brief visit to Qatar yesterday to cement reconciliation between the two countries before the GCC Summit in Doha next month, official media said. The trip by Shaikh Mohammed bin Zayed Al Nahyan was the More… |
