Her Royal Highness Princess Reema bint Bandar Al Saud has arrived in Washington, DC to begin her assignment as the Ambassador of the Kingdom of Saudi Arabia to the United States.
“Princess Reema will immediately begin her mission to strengthen the historic partnership between Saudi Arabia and the United States,” said Fahad Nazer, embassy spokesperson. “The Ambassador will bring a fresh perspective on a rapidly changing Saudi Arabia to Washington, continuing to build on key areas of cooperation between our two countries.”
As part of Vision 2030's long-term economic development strategy, The Capital Market Authority (CMA) approved on Wednesday June 26, 2019 "Instructions for Foreign Strategic Investors' Ownership in Listed Companies", effectively removing any maximum or minimum limit on the ownership percentage for foreign investors in listed companies on the Saudi stock exchange.
The Premium Residency Center began receiving applications earlier this week for obtaining the Saudi Premium Residency through the electronic platform "Saprc" (saprc.gov.sa)
Privileges that the holder of the Saudi Premium Residency shall enjoy include, but are not limited to; residency in the Kingdom, visit visas for relatives, ownership of real estate, working at private establishments with the ability to change jobs, exiting and entering the Kingdom at his/her own accord, engaging in business activities, in accordance with the Foreign Investment Law.
On Friday, June 21, the Financial Action Task Force (FATF) granted the Kingdom of Saudi Arabia full membership. Saudi Arabia is the first Arab country to gain membership to the elite intergovernmental body, underlining its commitment to leadership in the region and around the world on combating terror financing. This significant milestone demonstrates Saudi Arabia’s sustained and institutional engagement on combating the scourge of terrorist financing around the world. The Kingdom’s official accession to FATF will take place in October 2019.
RIYADH – Saudi Special Forces, in cooperation with Yemeni Special Forces, conducted a successful operation on June 3 that resulted in the in the capture of the leader of Daesh (ISIS) branch in Yemen known as Abu Osama Al-Muhajir.
The official spokesman of the Coalition to Restore Legitimacy in Yemen, Colonel Turki Al Malki, announced the operation today. Several other ISIS leaders were captured in the raid, including the chief financial officer of the branch.
The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud received US Secretary of State Mike Pompeo at Al-Salam Palace in Jeddah on Monday, June 24, 2019. During the meeting, they reviewed strategic relations between the two countries, and discussed the latest developments at the regional and international levels, and the efforts being exerted towards them.
Spokesman for the coalition restore legitimacy in Yemen Colonel Turki Al Maliki stated that the terrorist attack on Abha international airport on June 23rd, 2019 led to the death of a Syrian resident, and the injury of 21 civilians of different nationalities, including 13 Saudi citizens, three women (Egyptian and Saudi), as well as two children of Indian nationality.
All cases were transferred to the local hospital, which received four injured civilians of Indian nationality, two of Egyptian nationality, and two citizens of Bangladesh.
The Financial Action Task Force (FATF) plenary meeting, which was concluded on Friday, 21 June 2019, in Orlando, USA, granted the Kingdom of Saudi Arabia full membership of the group. The Kingdom is the first Arab country to obtain membership in FATF. Its accession will be taking place at the next FATF plenary meeting in October 2019.
Saudi minister of State for Foreign Affairs Adel Al Jubeir responded to the Human Rights Council’s report on the murder of Saudi citizen Jamal Khashoggi.
The minister tweeted that “There is nothing new in the Rapporteur of the Human Rights Council’ report, which reiterates, in its non - binding report, what was published and circulated in the media. The report contains clear contradictions and baseless allegations, which challenges its credibility.”
Colonel Turki Almalki, the official spokesman of the Coalition to Restore Legitimacy in Yemen, said that at (02:21 am) Wednesday morning a hostile projectile fired by Houthi militia hit the arrivals hall at Abha International Airport in Asir Province in southwestern Saudi Arabia, through which thousands of civilian passengers of different nationalities pass daily.