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Trump: US needs Saudi Arabia in fight against terrorism

  • US president says he does not want to walk away from the Kingdom 
  • Secretary of State says Turkish president made clear to him that Saudi Arabia is cooperating in Khashoggi investigation
By Arab News ·

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US imposes sanctions on Iraq-based money exchange for Daesh ties

  • The Treasury action followed a Pentagon decision on Oct. 11 targeting a financial group supporting Daesh
By Reuters ·

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Gulf Arab economies to accelerate modestly through 2020 – poll

  • Gulf Arab economies will probably enjoy their best environment for growth since the oil price crash
  • Many economists do not expect oil prices to keep rising in the long term
By Reuters ·

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Sakani program to add 11,000 homes in Jeddah

  • The first project, Rawabi Hijaz, is on private-sector land and will includes 9,502 units
  • The Ministry stressed its keenness to work with qualified developers to add to housing stock
By Arab News ·

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Malaysia opposition leader arrested for corruption

  • Ahmad Zahid Hamidi was detained after being questioned by anti-corruption authorities
  • He was arrested in “relation to an investigation into abuse of power, criminal breach of trust and money laundering,” the Malaysian Anti-Corruption Commission said
By Reuters ·

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Saudi Aramco to invest in refinery-petrochemical project in east China

  • This is the third such project in China that Saudi Aramco has set its sight on
  • Last month, Saudi Aramco signed a long-term deal with the Zhejiang project’s operator Zhejiang Rongsheng to supply crude oil
By Reuters ·

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Historymaker: Saudi teen secures Kingdom’s first ever Olympic gold medal

  • The victory marked Saudi’s third time on the podium at the two-week Youth Olympics
  • I have been working towards this moment for 10 years, said the gold medalist
By Gary Meenaghan ·