Monday , December 18 2017

Tag Archives: saudi arabia

Egypt’s surrender of islands to Saudi deepens its woes – Blow dealt to pride of many Egyptians

CAIRO, April 12, (AP): Egypt’s declared intention to hand over control of two strategic Red Sea islands to Saudi Arabia has kicked off a storm of vociferous opposition, laced with stinging satire, and dealt a blow to the pride of many Egyptians at a time when they feel their country …

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US issues Saudi travel warning

WASHINGTON, April 11, (Agencies): The United States on Monday updated its warning for American citizens planning to travel to Saudi Arabia, less than two weeks before President Barack Obama is due there. Obama is to visit the oil-rich desert kingdom on April 21 for a tense summit of Saudi Arabia …

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Moody’s revises outlook on Saudi Arabia banking system to negative – Persistently low oil prices, spending cuts weigh on sector

DUBAI, March 16: Moody’s Investors Service has changed its outlook for the Saudi Arabian banking system to negative from stable, according to its latest outlook research report, published today. The outlook reflects the rating agency’s expectation that the persistently low oil prices and resultant government spending declines will ultimately weigh …

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Dutch vote to ban arms exports to Saudi Arabia

AMSTERDAM, March 16, (RTRS): The Dutch parliament passed a bill on Tuesday calling for the government of the Netherlands to halt weapon exports to Saudi Arabia, citing ongoing violations of humanitarian law in Yemen. The Dutch vote effectively seeks to implement a decision in February by the European Parliament, which …

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Message from East to Obama – ‘Saudis playing legitimate role’

IT SEEMS United States of America’s President Barack Obama was angered by the way the Kingdom of Saudi Arabia handles its affairs and carries its historic responsibilities to protect and govern with integrity the honor and security of the Middle East. This was evident when the Kingdom played a great …

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Saudi Arabia seeks $6-8 bln bank loan – Govt seeks to shore up state coffers

DUBAI, March 9, (RTRS): Saudi Arabia is seeking a bank loan of between $6 billion and $8 billion, sources familiar with the matter told Reuters, in what would be the first significant foreign borrowing by the kingdom’s government for over a decade. Riyadh has asked lenders to submit proposals to …

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Saudi pressed on workers’ delayed wages – Manila sending fact-finding mission

RIYADH/MANILA, March 7, (RTRS): Foreign governments are pressing authorities and executives in Saudi Arabia to ensure that local construction firms make delayed salary payments to thousands of workers, a sign of pressure on the kingdom’s economy due to low oil prices. Since late last year, the Saudi government has responded …

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Kuwait hailed for condemning remarks against Saudi Arabia

KUWAIT CITY, March 2: The Ambassador of Kingdom of Saudi Arabia to Kuwait Dr Abdulaziz Al-Fayez expressed appreciation for the heartfelt official and popular statements of the State of Kuwait in condemnation of the strange statements and remarks issued by some people in Kuwait against Saudi Arabia. During a press …

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Saudi Arabia broadens sanctions on Hezbollah

RIYADH, Feb 26, (Agencies): Saudi Arabia on Friday extended sanctions on Hezbollah, in its latest action against the powerful Lebanon-based Shiite militant group fighting in support of Syria’s regime. The kingdom froze the assets and prohibited dealings with three Lebanese nationals and four companies. It named the individuals as: Fadi …

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‘War games to boost military ties with Muslim allies’ – Northern Thunder exercises

RIYADH, Feb 22, (Agencies): The Middle East’s largest ever war games are now underway and will boost military cooperation between the 20 Muslim nations taking part, host country Saudi Arabia said on Monday, as it seeks to check the growing influence of arch rival Iran. The Northern Thunder exercises, which …

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