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Marwa Rashad

UPDATE 4-Saudi Aramco says domestic supplies unaffected by attack on Jeddah plant

24 Nov 2020

JEDDAH, Nov 24 Saudi Aramco said on Tuesday its domestic fuel supplies had not been affected by an attack the previous day by Yemen's Houthi group on a petroleum products distribution plant in Jeddah, with operations resuming three hours after the event.

G20 says it will strive for fair global access to COVID-19 vaccine

22 Nov 2020

DUBAI/RIYADH Leaders of the 20 biggest economies vowed on Sunday to spare no effort to supply COVID-19 drugs, tests and vaccines affordably and fairly to "all people", reflecting worries that the pandemic could deepen divisions between the world's rich and poor.

Saudi Arabia confident Biden will pursue regional stability, foreign minister says

21 Nov 2020

RIYADH/BEIRUT Saudi Arabia's foreign minister said on Saturday he was confident that Democrat Joe Biden's incoming U.S. administration would pursue policies that help regional stability and that any discussions with it would lead to strong cooperation.

COVID deals blow to Saudi Arabia's G20 summit ambitions

21 Nov 2020

RIYADH/BEIRUT When Saudi Arabia, the world's top oil exporter and a leading U.S. ally, took over the G20 presidency in December 2019, hopes in the kingdom were high.

Saudi crown prince says PIF to inject $40 billion annually in economy in 2021, 2022

13 Nov 2020

RIYADH Saudi Arabia's Crown Prince Mohammed bin Salman said the kingdom's sovereign wealth fund, the Public Investment Fund, (PIF) will inject 150 billion riyals annually ($40 billion) into the economy in 2021 and 2022, and has become a key growth driver.

UPDATE 2-Saudi crown prince says PIF to inject $40 bln annually in economy in 2021, 2022

12 Nov 2020

RIYADH, Nov 12 Saudi Arabia's Crown Prince Mohammed bin Salman said the kingdom's sovereign wealth fund, the Public Investment Fund, (PIF) will inject 150 billion riyals annually ($40 billion) into the economy in 2021 and 2022, and has become a key growth driver.

Saudi Red Sea project plans 16 hotels by 2023, finalising $3.7 bln loan -CEO

12 Nov 2020

DUBAI/RIYADH, Nov 12 Saudi Arabia's flagship tourism project, The Red Sea Development Co (TRSDC), plans to have 16 hotels ready by the end of 2023, two more than initially planned in the first phase, as it expects a V-shape recovery in global tourism once the pandemic abates, Chief Executive John Pagano told Reuters.

Saudi king urges world to take 'decisive stance' against Saudi's regional foe Iran

11 Nov 2020

RIYADH Saudi Arabia's King Salman bin Abdulaziz urged the world on Thursday to take "a decisive stance" to address efforts by Iran to develop nuclear and ballistic missile programs, in an annual address to the top government advisory body.

Saudi Arabia finally congratulates Biden on his win

08 Nov 2020

RIYADH Saudi Arabia finally congratulated Joe Biden on Sunday over his election victory, more than 24 hours after he defeated Donald Trump, who had close personal ties with Crown Prince Mohammed bin Salman.

Arabs doubt Biden will herald change in the Middle East

07 Nov 2020

BAGHDAD/RIYADH Arab leaders congratulated Joe Biden on his election victory, but some people in the Middle East expressed cynicism over U.S. policy even if he pursues diplomacy rather than President Donald Trump's blunt approach to the region's myriad problems.

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