| Feature Article |
By Senior Analyst Talal Kapoor
The ambition of Crown Prince Nayif bin Abd al-Aziz has taken on a surprising and unexpected dimension. Having pressured the Bay'ah last year to declare King Abdallah and then Crown Prince Sultan incapacitated, and appoint him king in their stead, he now finds himself shunned and isolated, his own succession plans in ruins.
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| Royal Family News |
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Royal Tribute to King's Achievements
Saudi princes congratulated Custodian of the Two Holy Mosques King Abdallah bin Abd al-Aziz and the Saudi people on the seventh anniversary of the king's ascension to the throne and reaffirmed their allegiance to him. |
Prince Saud bin Khalid in Romania
Romanian Foreign Affairs Minister Andrei Marga on Tuesday met Prince Khalid bin Saud bin Khalid, the Saudi Deputy Foreign Minister, on which occasion the Romanian official voiced support for making the Romanian-Saudi Business Council operational again, the foreign ministry announced.
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Prince Sultan bin Salman in Mexico
Prince Sultan bin Salman bin Abd al-Aziz, President of the Saudi Commission for Tourism and Antiquities (SCTA), arrived yesterday in Merida, Mexico.
During his official visit to Mexico, he will head the Saudi delegation at the meetings of the fourth session of Tourism Ministers of the Group of Twenty, which will start its deliberations later today in the city of Merida, Mexico. | More |
| Saudi Business News |
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Saudi travel firm Al-Tayyar to raise $365m with 30% stake sale
Saudi Arabia: Saudi-based Al-Tayyar Travel is set to raise up to SR1.37bn ($365m) by selling a 30% stake in a listing in the first week of June, Reuters has reported, citing two sources familiar with the matter. The institutional part of the share sale has been oversubscribed nearly five times, arranging bank Samba Capital, the investment banking arm of Samba Financial Group, said earlier this week. "Demand for the IPO has been strong from the institutional side. It has been priced attractively and most bids were at the top end of the range," one person involved in the IPO process said. Al-Tayyar's first-quarter net income rose more than 20%, a second source said, adding the firm has paid a dividend of around SR5 in the past couple of years. |
Second KFUPM Technology Forum highlights public private collaborations as key to building Saudi knowledge economy
Saudi Arabia: In an active response to the Kingdom's pursuit of a knowledge economy, GE is spotlighting critical paths to accelerate the transfer of advanced technology and enhance university-industry collaborations at the second King Fahd University of Petroleum Minerals (KFUPM) Technology Forum, which will be held on May 15 and 16, 2012. |
Jeddah to host major food, hotel, hospitality and packaging show
Saudi Arabia: Over 350 companies from 22 countries will be participating at the annual Saudi food, hotel, hospitality propac arabia show to be held in Jeddah from May 20-23, 2012, under the patronage of the Saudi Ministry of Agriculture and under the auspices of Engineer Hassan Sangoof, Director General, Ministry of Agriculture, Makkah Region. | More |
| Islamic Community News |
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Expert warns against fake Islamic healers
An Islamic academician has urged authorities to take action against con artists who employ magic spells and charms to cheat their victims for financial gains.
Muhammad Al-Falaqi, an educational supervisor and specialist in traditional Islamic treatment, said that there are many irresponsible people who resort to Islamic practice of re |
E-information center for Qur'an chairs proposed
A major meet on the Holy Qur'an has recommended the establishment of a joint e-information center for the Qur'an chairs in the Kingdom.
Wrapping up the meeting to familiarize the King Abdullah Chair for the Qur'an at Umm Al-Qura University here on Wednesday, the participants also called for the formation of a higher coordination council for Qur'an chairs in the Kingdom and holding annual conference on Qur'an chairs. |
al-Sudays to head Presidency of the Two Holy Mosques' Affairs
King Abdullah, Custodian of the Two Holy Mosques, has appointed Sheikh Abdul Rahman Al-Sudais as chief of the General Presidency of the Affairs of the Two Holy Mosques at the rank of minister.
A Royal Order issued Tuesday approved Sheikh Saleh Al-Hussein's request to be relieved from his post as head of the presidency due to ill health. �?�¢?? SPA __ | More |
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| Information |
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