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Tag: Saudi

Saudi Arabia buy of THAAD missile defense systems in pipeline

Saudi Arabia buy of THAAD missile defense systems in pipeline

Business
Oct. 6 (UPI) -- A proposed sale of THAAD upper tier ballistic missile defense systems to Saudi Arabia has been approved by the State Department.The U.S. Foreign Military Sales deal would be worth an estimated $ 15 billion, the U.S. Defense Security Cooperation Agency told Congress Friday."This sale furthers U.S. national security and foreign policy interests, and supports the long-term security of Saudi Arabia and the Gulf region in the face of Iranian and other regional threats," the agency said in a press release. "This potential sale will substantially increase Saudi Arabia's capability to defend itself against the growing ballistic missile threat in the region."The sales package is for 44 Terminal High Altitude Area Defense launchers, 360 THAAD Interceptor Missiles, 16 THAAD Fire Contr...
Saudi Arabia to allow women to drive

Saudi Arabia to allow women to drive

World
Women in Saudi Arabia will soon have the right to drive, according to a royal decree issued by the country's King Salman.The kingdom has long been the only state in the world where women are prohibited from driving, and the ban has been the subject of extensive protests in and outside the country.In the royal decree issued on Tuesday, King Salman stated women would have the right to obtain driving licences.A ministerial body will be formed to advise on the change within the next 30 days, and will go on to implement the new rules by June 2018, according to the decree.The news was met with joy in Saudi Arabia, with men and women dancing in the streets in celebration.Image:Women have come to depend on taxis and ride hailing services like UberThe Saudi ambassador to the US said the guardianshi...
Saudi Arabia driving ban on women to be lifted

Saudi Arabia driving ban on women to be lifted

World
Saudi Arabia's King Salman has issued a decree allowing women to drive for the first time, state media say.Government ministries are to prepare reports within 30 days and the order will be implemented by June 2018, the Saudi Press Agency reported.Saudi Arabia is the only country in the world to forbid women from driving.Rights groups have campaigned for years to allow women in Saudi Arabia to drive, and some women have been imprisoned for defying the rule."The royal decree will implement the provisions of traffic regulations, including the issuance of driving licences for men and women alike," the Saudi Press Agency (SPA) said.The move was welcomed by the US state department, which called it "a great step in the right direction".Saudi activist Loujain al-Hathloul, who was detained for 73 d...
Snapchat blocks Al Jazeera in Saudi Arabia

Snapchat blocks Al Jazeera in Saudi Arabia

Technology
Social media platform Snapchat has blocked access to Al Jazeera content in Saudi Arabia. Snapchat said it was asked by the Saudi authorities to remove the Qatari-backed broadcaster's Discover Publisher Channel because it violated local laws.Qatar is in an ongoing dispute with Saudi Arabia, Bahrain, Egypt and the UAE. The four countries cut ties with Qatar earlier this year, accusing the country of supporting terrorism. Saudi Arabia has one of the world's most restrictive media environments, according to human rights groups and media freedom advocates. But the Saudi authorities have a particular dislike for Al Jazeera. At one point they had demanded Qatar's government shut it down altogether as one of 13 conditions to remove sanctions against the country.Those conditions were later withdra...
MPs want answers over $2tn Saudi Aramco float

MPs want answers over $2tn Saudi Aramco float

Business
The City watchdog is facing questions from MPs over its proposed rule changes that could lure the multi-trillion listing of oil giant Saudi Aramco to London.Tory MP Nicky Morgan and Labour MP Rachel Reeves, who chair the Treasury and business select commitees respectively, have written to the Financial Conduct Authority demanding it explain its proposals which would create a new category exempting state-controlled companies from certain rules that apply to other "premium" firms.Aramco is planning to list 5% of its shares. The FCA plan would allow state-controlled companies to side-step rules that would otherwise oblige them to float at least a 25% stake to gain a premium status.Image:The London Stock Exchange could host the float under the proposed rule changesWithout the rule change, it m...