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by James M. Dorsey Personality as well as the conflation of genuine national interest with personal ambition contribute to the widening gap between Saudi Arabia and the United Arab Emirates. It was only a matter of time before Saudi Crown Prince Mohammed bin Salman would want to come out on his own and no longer be seen as the protégé of his erstwhile mentor and Emirati counterpart, […]

By James M Dorsey Widely seen as a populist with ultra-conservative inklings, Pakistani Prime Minister Imran Khan increasingly appears to reinforce widespread traditionalist attitudes that reject religious tolerance as well as the rights of women and minorities. In doing so, Mr. Khan is aligning Pakistan in religious and social terms closer to Turkey than his country’s traditional allies, Saudi Arabia and the United Arab Emirates. Turkish President […]

RIYADH: Saudi Arabia’s Social Development Bank (SDB) provided financing of SR1.6 billion ($426.6 million) to 30,000 beneficiaries during the first half of this year.SDB provided financial and

RIYADH: Saudi Arabia’s Deputy Defense Minister Prince Khalid bin Salman met with the US National Security Council’s coordinator for the Middle East and North Africa Brett McGurk and US Envoy to Yemen

Saudi Fransi Capital, the Financial Advisor, Lead Manager, Bookrunner and Underwriter for the Initial Public Offering (“IPO”) of Tanmiah Food Company, announces that it has successfully completed the book building process for institutional subscription to the Company’s shares, and that the coverage ratio reached 9,534%. The price of the offered shares has been set at SAR 67 per share. Saudi Fransi Capital advised that the participating institutions […]

DUBAI: The recent decline in Saudi Arabia’s foreign reserves, a measure of its ability to support its dollar-pegged currency, was partly due to a lag between import payments and export receipts, the

RIYADH: Emirates added extra flights betwen Saudi Arabia and the UAE on Sunday after the Kingdom suspended air travel to its neighbor. It doubled flights to Riyadh and Jeddah and added a Dammam
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RIYADH: Chairman of the Royal Commission for Jubail and Yanbu, Abdullah Al-Saadan, laid the foundation stone for a SR3.3 billion ($879.8 million) factory to produce LED lighting lamps in the in

DUBAI: The Yemeni government welcomed Saudi Arabia’s latest statement on the Riyadh Agreement, Yemen’s foreign minister said on Friday The Saudi statement includes a clear message to respect the

James M Dorsey Recent announcements by Crown Prince Mohammed bin Salman of plans to turn the kingdom into a transportation and logistics hub that connects continents take to a new level Saudi efforts to replace the United Arab Emirates and Qatar as the Middle East’s go-to addresses. Prince Mohammed’s plans, which include the creation of a new national carrier alongside Saudia, currently the kingdom’s aviation flagship and construction of a new airport for […]

By James M. Dorsey US President Joe Biden may have little appetite for Israeli-Palestinian peacemaking but seems determined to prevent some third parties from exploiting the regional stalemate to their advantage. That seems to be one message contained in ensuring that King Abdullah of Jordan will be the first Arab leader to visit the White House since Mr. Biden took office. The message takes on added significance with the […]

RIYADH: The Saudi Sports for All Federation (SFA) has signed a memorandum of understanding with the Arabian Centers Co. to turn their malls into walking destinations for visitors in their latest

RIYADH: Saudi Arabia’s Public Investment Fund (PIF) said it appointed Rania Nashar, former CEO of Samba Financial Group, as its head of compliance and governance, Al Arabiya reported. Nashar joined

James M Dorsey The rise of hardline President-elect Ebrahim Raisi has prompted someanalysts to counterintuitively suggest that it could pave the way for reduced regional tensions and potential talks on a rejiggered Middle Eastern security architecture but getting from A to B is likely to prove easier said than done. Hopes that a hardline endorsement of a return to the 2015 international agreement that curbed Iran’s nuclear program will […]

Arabian Post Staff After being awakened from their 15-month long hibernation, Dubai International’s Terminal 1 and Concourse D welcomed their first passengers on Thursday morning with the arrival of flynas flight XY201 from the Saudi Arabian capital of Riyadh. Linked to Terminal 1 by an airport train, the $1.2 billion Concourse D, opened in February 2016 as the home terminal of DXB’s 65 plus international carriers. The […]

ABU DHABI: A Dubai company that makes clothing from plastic water bottles plans to expand in Saudi Arabia and Egypt after the pandemic forced a complete rethink of its business model. DGrade was

James M Dorsey Education is emerging as a major flashpoint in competing visions of a future Muslim world. Rival concepts being instilled in a next generation are likely to shape what amounts to a battle for the soul of Islam. Reports earlier this year published by the Israel-based Institute for Monitoring Peace and Cultural Tolerance in School Education (IMPACT-SE) chart the divergence in educational approaches. At one end of […]

DUBAI: Booking trends are showing signs of recovery a month into Saudi Arabia’s reopening of borders, a top travel agency revealed. Almosafer, owned by Seera Group, said the agency has recovered 76

James M. Dorsey Pakistan’s place in a new world order is anybody’s guess. Recent policy moves suggest options that run the gamut from a state that emphasizes religion above all else to a country that forges a more balanced relationship with China and the United States. The options need not be mutually exclusive but a populous, nuclear-armed country whose education system is partially anchored in rote learning […]

RIYADH: Bahrain Telecommunications Co. (Batelco) is planning to become the first company to have a dual listing of shares on Saudi Arabia’s stock exchange (Tadawul), Bloomberg reported citing people

In honor of International Sushi Day celebrated on June 18, here are six sushi spots to try in Saudi Arabia, rounded up by Arab News Japan. Chez Sushi This modern and casual restaurant on Prince Saud

RIYADH: Saudi Arabia announced 15 deaths from COVID-19 and 1,239 new infections on Wednesday. Of the new cases, 371 were recorded in Makkah, 253 in Riyadh, 229 in the Eastern Province, 98 in Asir, 83

DUBAI: Saudi Arabian companies accounted for two of the three initial public offerings in the Middle East and North Africa region during the first quarter of 2021, representing 96 percent of the

DHAHRAN: Saudi Aramco’s entrepreneurship arm Wa’ed on Wednesday launched its first roadshow event to unearth and fund the next generation of Saudi entrepreneurs. Wa’ed has up to SR100 million ($27
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