Saudi Arabia back in recession as oil, state sectors struggle in Q2
DUBAI: Saudi Arabia's economy has slipped back into recession as the oil sector stagnates and the government sector is hit by austerity policies designed to curb a state budget deficit caused by low oil prices, official data showed on Saturday.
Gross domestic product, adjusted for...
Trump arrives in Saudi Arabia in first foreign trip
US president receives warm welcome by King Salman as he seeks to repair ties with Washington's closest Arab ally.
US President Donald Trump has arrived in Saudi Arabia on the first leg of his first foreign trip since taking office, in a crucial test abroad...
Saudi aid agency signs deal to provide aid to Somalia
By: ARAB NEWS
The King Salman Humanitarian Aid and Relief Center has signed a cooperation agreement with the Somalia-based regional mission of the Organization of Islamic Cooperation to provide support for the Emergency and Rescue Unit of...
Thousands wait to leave Aleppo as new deal is reached
Tens of thousands of Syrians stranded in rebel areas of east Aleppo, days after government claimed victory.
Tens of thousands of civilians are anxiously waiting to leave eastern Aleppo after a new deal was reached between rebel fighters and the Syrian regime.
Al-Farouq Abu Bakr, a...
Qatar Development Fund supports $200m worth of projects in Somalia’s economy
The Peninsula-The Qatar Development Fund (QFD) has pledged to support the Somali economy through a package of $200m worth of projects in the fields of infrastructure, education, economic empowerment, By signing a partnership agreement with the Somali Government aimed at strengthening its efforts in...
Djibouti Ends Dubai’s DP World Contract to Run Container Terminal
Djibouti has ended a contract with Dubai's DP World, one of the world's biggest port operators, to run its Doraleh Container Terminal, the president's office said on Thursday.
"The Republic of Djibouti has decided to proceed with the unilateral termination with immediate effect of the...
Ethiopian born Saudi business tycoon Mohammed Alamoudi released from Saudi prison
Horndiplomat-Ethiopian born Saudi business tycoon Mohammed Alamoudi has been released from prison in Saudi Arabia.Horndiplomat reports
It is to be recalled that earlier in 2018, Prime Minister Abiy Ahmed traveled to Saudi Arabia and discussed a number of issues with Saudi Crown Prince Mohammad Bin Salman.
https://twitter.com/japanizar/status/1089555393376862214
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World leaders congratulate Turkish President Erdogan on reelection victory
By : Anadolu Agency
World leaders on Sunday took to social media and public platforms to congratulate Türkiye’s Recep Tayyip Erdogan, who on Sunday won a historic reelection as the nation’s president.
Saudi king rejects US plan to transfer embassy to Jerusalem
DHAHRAN: Saudi Arabia's King Salman on Sunday opened an Arab League summit by criticising US President Donald Trump's decision to transfer the US embassy in Israel from Tel Aviv to Jerusalem.
"We reiterate our rejection of the US decision on Jerusalem," the king said in a speech in Dhahran in eastern...
Turkish president receives UAE’s national security adviser
By: Anadolu Agency
Turkish President Recep Tayyip Erdogan on Wednesday received the UAE’s National Security Adviser Tahnoun bin Zayed Al Nahyan.
During the meeting, bilateral and regional developments were discussed, said a statement by Turkey’s Communications Directorate.
They also discussed UAE’s investments in Turkey, the statement added.
*Writing...
