Saudi Arabia

29 April 2022; MEMO: Turkish President, Recep Tayyip Erdogan, held meetings with King Salman and Crown Prince, Mohammed bin Salman, late on April 28, in his first visit to Saudi Arabia since 2017 after the killing of dissident Saudi journalist, Jamal Khashoggi, on the premises of the Saudi Consulate in Istanbul in 2018.

Erdogan was accompanied by a large delegation, including ministers and senior officials, Anadolu News Agency reports.

RIYADH, April 29 (Xinhua) -- Saudi Arabia's King Salman bin Abdulaziz Al Saud and Crown Prince Mohammed bin Salman met with visiting Turkish President Recep Tayyip Erdogan at the Al-Salam Palace in Jeddah, the Saudi Press Agency reported on early Friday.

"My visit reflects our joint will to start a new era of cooperation as the two brotherly countries. We will be making efforts in order to start a new era of enhanced relations between our two countries in all respects including politics, military, economy and culture," Erdogan said.

29 April 2022; MEMO: Supplies of transportation fuel from the Arab Gulf region to Europe have increased 130 per cent, as the Federation of Arabian Gulf States covers the current supply shortage from Russia due to sanctions resulting from its war on Ukraine, Bloomberg has reported.

25 April 2022; MEMO: Saudi princes have sold more than $600 million worth of real estate, yachts and artwork in the US and Europe since the kingdom's de facto ruler, Mohammed Bin Salman (MBS), tightened the purse strings of the ultrawealthy ruling family. That's according to a report in the Wall Street Journal, which found that the kingdom's senior princes are trying to raise cash and avoid scrutiny from MBS.

Saudi Arabia is emerging as the largest and most profitable cinema market in Western Asia over four years after the Kingdom's ban on cinemas was lifted, with its market volume in revenues projected to amount to $100 million by 2024.

After being awarded this week with the Emerging Market Spotlight award at CinemaCon 2022 in Las Vegas, Saudi Arabia is increasingly being recognised as a major destination for cinema production and box office sales.

RIYADH, April 17 (NNN-AGENCIES) — OPEC oil production increased by just 57,000 barrels per day (bpd) in March from February, as African members’ struggles to pump more crude partially offset increases at the core OPEC members of the Middle East.

All 13 OPEC members—including Libya, Iran, and Venezuela which are exempted from the OPEC+ deal—pumped 28.56 million bpd in March, up by just 57,000 bpd from February, according to OPEC’s Monthly Oil Market Report, (MOMR) published this week.

RIYADH, Apr 16 (NNN-SPA) – Saudi Arabian Airlines SAUDIA, announced yesterday, to start direct flight to the Greek island, Mykonos, on July 1.

The new summer route will be operated on Airbus A320, with three roundtrip flights weekly, scheduled between Riyadh’s King Khaled International Airport and the popular resort’s airport.

Offering 20 business-class seats and 90 seats in economy class, the narrow-body airliner provides full access to SAUDIA’s inflight entertainment system and WiFi connectivity, according to the carrier.

16 April 2022; MEMO: Secretary-General of the Organisation of Islamic Cooperation (OIC) Hissein Brahim Taha on Friday strongly condemned the Israeli occupation forces' attack on Al-Aqsa Mosque in Jerusalem's Old City.

In a statement, the OIC announced: "At least 152 worshippers were injured in the Israeli aggression, and hundreds were arrested."

14 April 2022; MEMO: Saudi Arabia and Kuwait yesterday reiterated a call for Iran to join negotiations on defining the eastern boundary of the Dorra gas field.

"Saudi Arabia and … Kuwait affirmed their right to exploit the natural resources in this area and that they will continue working to enforce what was agreed upon on March 21, 2022," the Saudi Ministry of Foreign Affairs said in a statement reported by the official Saudi Press Agency (SPA).

12 April 2022; MEMO: The private equity firm of Jared Kushner, the senior adviser and son-in-law to former US President, Donald Trump, received a $2 billion investment from Saudi Arabia's sovereign wealth fund last year after he and the Trump administration left the White House, despite the fund's panel stating that there were significant risks and that Kushner lacked experience.