The kingdom’s energy, economy, trade and finance ministers will be a part of the committee, headed by Crown Prince Mohammed bin Salman
Red Sea
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Crown Prince Mohammed bin Salman
Saudi king holds first cabinet meeting in kingdom’s ‘city of dreams’
The sci-fi city of Neom on the Red Sea coast is designed to represent Saudi Arabia’s efforts to transform itself away from oil
Bab al-Mandab Strait
Saudis halt oil shipments through Bab al-Mandab strait after Yemen rebel attack
Two oil tankers operated by the Saudi shipping group Bahri, each with a two million barrels capacity, were attacked by Houthi rebels in the Red Sea, state giant Aramco said in a statement.
cinema ban
UAE’s VOX Cinemas to open first Jeddah multiplex by end-2018
Majid Al Futtaim unit says opening is key part of plan to open 600 screens in Gulf kingdom over the next five years
diversify economy
Video: Could Saudi Arabia become a tourist hotspot?
Saudi tourism visas will likely be issued in April 2018, as the kingdom attempts to diversify its economy by attracting millions of tourists.
European Tour
Saudi Arabia to stage first European Tour golf event in 2019
Tournament will be staged at the Royal Greens Golf and Country Club on the Red Sea coastline
Crown Prince Mohammed bin Salman
Egypt court voids rulings on Saudi island transfer
Ruling on the transfer of the Tiran and Sanafir islands in the Red Sea effectively ends legal challenges to the deal
desalination plants
Saudi to invest $530m in Red Sea desalination plants
Plants will have capacity of 240,000 cubic meters of water per day
Earthquake
Earthquake strikes off Jeddah coast
Quake Measuring 3 on Richter Scale Struck Red Sea City
Madain Saleh
Richard Branson to turn 50 Saudi islands into luxury tourism destinations
Red Sea project is expected to generate 35,000 jobs, according to the Saudi government
