Saudi Arabia

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Bankers financing Electronic Arts' leveraged buyout by Saudi Arabia and others raced to sell billions in debt amid U.S. threats against Iran. JPMorgan managed to offload the financing just in time, as President Trump considered military action. EA executives pitched AI's benefits to wary investors during the process.

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An Iranian missile struck the Prince Sultan Air Base near Riyadh on Friday, wounding several U.S. service members and damaging aircraft. A U.S. official confirmed the injuries at the Saudi-U.S. shared facility. The attack comes amid ongoing Iranian strikes on U.S. bases since the war began a month ago.

Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Esmat, has announced that the Egypt-Saudi electricity interconnection project has entered its final testing stage, with close coordination under way with Saudi counterparts to complete trial operations and begin grid connection within the coming weeks.

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The Kenyan embassy in Saudi Arabia has issued a formal statement refuting claims in a viral social media video where masked women alleged they were neglected by the mission after seeking help due to mistreatment by their employers. The embassy described the allegations as baseless and emphasized its positive relationship with the Saudi Manpower Solutions Company (SMASCO).

 

 

 

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