Saudi Arabia, the world’s largest oil producer, has opened Monday for the first time its stock market to foreign investors in a bid to attract more international capital to help the country diversify its economy and reduce its heavy dependence on oil. The stock market liberalization move comes following the sharp fall in oil prices […]
Tag: Saudi Arabia
International: Muslim world foreign ministers meet in Kuwait to discuss approaches to stem terrorism
Over 50 foreign ministers from the Islamic Cooperation are meeting in the Kuwait capital to address approaches and sustainable solutions that will help stem terrorism, hate speech, radicalism in the Muslim world. The two-day event will kick off on May 27 and close on May 28 in Kuwait. This year marks the 42th edition of […]
Joint Arab Force Project Moving Forward Slowly but Surely
Defense ministers and army chiefs of staff of Arab countries met lately in Cairo to discuss the project of setting up a joint military force to be deployed to defend common interest and ward off terror threats. The idea to create a joint Arab army came up after Saudi Arabia and its Arab allies formed […]
Saudi Arabia: Security officials confirm IS masterminded the attack at Shi’ite mosque
Saudi Ministry of Interior announced on Sunday the IS was responsible for the deadly attack on the Shi’ite mosque in the North province of Saudi that killed 21 people and wounded 101 people during Friday prayers. Security officials indicate the suicide bomber Saleh Bin Abdulrahman Al-Qashaami who blew himself was already on the wanted list […]
Saudi Cabinet Reshuffle Postpones Morocco’s King Visit
The working and friendship visit Morocco’s King Mohammed VI was to pay to Saudi Arabia as of Wednesday has been postponed for few days following the Saudi cabinet reshuffle made by King Salman on Tuesday. The decision to postpone the visit was made by the two heads of State during a phone call. The appointment […]
UN accuses Riyadh of intentionally bombing civilians
The Saudi-led airstrike campaign has received a big blow from the U.N after Chaloka Beyani, U.N.’s rapporteur for internally displaced persons, accused the kingdom of carrying out bombings that destroyed public and other civilian buildings including hospitals. Since the operations became two weeks ago, Riyadh has stressed that it targets rebels and their positions. Beyani […]
Arab Countries Agree to Create their 1st Joint Military Force
At the end of their summit meeting, convened over the weekend in the Egyptian resort town of Sharm al-Sheikh, Arab leaders have agreed on the principle of forming a joint force to counter “extremists Islamist groups” threatening the peace and stability of the region such as the Islamic state and other radical groups linked to […]
Yemen: From Arab Military Action to Birth of Permanent Force?
As Saudi Arabia and its Arab allies joined forces to stop the Iran-backed Houthi Shiite insurgents from tightening their grip on the impoverished country, many analysts say this joint Arab move to defend the legitimate Yemeni government may lead to the creation of an Arab army, a dream which has so far been an elusive […]
Algeria wants global effort to end price fall
Algeria is trying to rally members of the Organization of Petroleum Exporting Countries (OPEC) as well as non-members to work towards stopping the fall of oil prices. President Bouteflika has sent messages to more than 10 countries regarding the issue and Energy Minister Youcef Yousfi met with Angola’s Oil Minister Jose Maria Botelho de Vasconcelos […]
Amman, Rabat, US Mideast Key Allies Cementing Ties
The working visit King Abdullah of Jordan paid to Morocco and the warmth welcome he received from his host King Mohammed VI showed clearly the special ties existing between the two Kingdoms, both among the strongest US allies in the Arab world. The two leaders held private talks. Yet, some political analysts and diplomatic sources […]









