Saudi Arabia on Thursday condemned the passage of a US law that would allow families of victims of the Sept. 11, 2001 attacks to sue the kingdom for damages. In a statement, Saudi foreign ministry called the “Justice Against Sponsors of Terrorism Act”, a matter of “great concern”. “The erosion ...
Saudi Arabia’s stock market fell sharply for a second straight day on Wednesday, leading the entire region down, in response to weak oil prices and government austerity measures. The Saudi equities index, which had retreated 3.8 percent on Tuesday, sank a further 3.4 percent to 5,534 points, its lowest finish ...