Riyadh - The African Mirror

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Jan

2024

By AZIZ EL YAAKOUBI

Exclusive: Saudi Arabia prepares to open first alcohol store for diplomats

WORLD

SAUDI Arabia is preparing to open its first alcohol store in the capital Riyadh which will serve exclusively non-Muslim diplomats, according to a source familiar with the plans and a document. Customers will have to register via a mobile app, get a clearance code from the foreign ministry, and respect monthly quotas with their purchases, said the document, which was seen by Reuters. The move is a milestone in the kingdom's efforts, led by Saudi Crown Prince Mohammed bin Salman, to open the ultra-conservative Muslim country for tourism and business as drinking alcohol is forbidden in Islam. It is also…

Nov

2023

By The African Mirror

Saudi Arabia to sign deals worth over $500 mln with African nations -minister

NEWS

THE Saudi Fund for Development will sign agreements worth 2 billion riyals ($533 million) with African countries, Saudi Finance Minister Mohammed Al-Jadaan said during the Saudi-Arab-African Economic Conference in Riyadh. "We are working with partners to support Ghana and other countries regarding their debt," Jadaan added. Saudi Investment Minister Khalid Al-Falih later said at the same conference the kingdom's more than $700 billion wealth fund, the Public Investment Fund, will make some "game-changing" investments in Africa. Saudi Energy Minister Prince Abdulaziz bin Salman, also at the conference, signed preliminary agreements with African countries including Nigeria, Senegal, Chad and Ethiopia on…