Saudi Press

Saudi Arabia and the world
Wednesday, Jan 07, 2026

Abdullah Bakhraibah Named CEO of Arab Investment Co., Bringing 16 Years of Finance Expertise

Abdullah Bakhraibah brings 16 years of experience as CEO of Arab Investment Co., owned by 17 Arab governments.
**Abdullah Bakhraibah Appointed CEO of Arab Investment Co., Bringing 16 Years of Expertise**: Abdullah Bakhraibah has been named the CEO of Arab Investment Co., an institution owned by 17 Arab governments, bringing over 16 years of finance and investment experience to the role.

**From Humble Beginnings to Regional Powerhouse: Qatif Central Fish Market's Journey Since 1947**: Speaking of impactful leadership, the Qatif Central Fish Market, established in 1947, has flourished into the Middle East's largest fish market under the guidance of Hassan and later Saeed Kofair, currently managed by the third generation, supporting local fishermen and diversifying its seafood sources.

**Israeli Defense Minister Advocates Full Military Force Against West Bank Militants Amid Rising Violence**: Meanwhile, in geopolitical news, Israeli Defense Minister Yoav Gallant has called for full military force against Palestinian militants in the West Bank following deadly raids, primarily targeting areas like Jenin, Tulkarem, and Tubas.

**Survivor of Hamas Attack Urges UN to Address Trauma of Israeli Children**: The tragic consequences of such violence are also highlighted by Sabine Taasa, a survivor of a Hamas attack urging the UN to focus on the trauma faced by Israeli children, including her own, in addition to addressing broader security concerns.

**Israeli Strikes in Southern Lebanon Result in Casualties Amid Escalating Conflict with Hezbollah**: Adding to the tension, Israeli strikes in southern Lebanon have intensified, with casualties reported amid ongoing exchanges of fire with Hezbollah, resulting in over 610 deaths in Lebanon and significant damage on both sides of the border.

**Netanyahu Vows Israel Will Secure Gaza-Egypt Border Corridor to Halt Hamas Weapon Smuggling**: Finally, Prime Minister Benjamin Netanyahu has reiterated Israel's commitment to securing the Philadelphi corridor to prevent Hamas weapon smuggling from Gaza into Egypt, stating that a permanent ceasefire will only be possible with such security guarantees in place.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
The U.S. State Department’s account in Persian: “President Trump is a man of action. If you didn’t know it until now, now you do—do not play games with President Trump.”
CNN’s Ranking of Israel’s Women’s Rights Sparks Debate After Misleading Global Index Comparison
Saudi Arabia’s Shifting Regional Alignment Raises Strategic Concerns in Jerusalem
OPEC+ Holds Oil Output Steady Amid Member Tensions and Market Oversupply
Iranian Protests Intensify as Another Revolutionary Guard Member Is Killed and Khamenei Blames the West
President Trump Says United States Will Administer Venezuela Until a Secure Leadership Transition
Delta Force Identified as Unit Behind U.S. Operation That Captured Venezuela’s President
Trump Announces U.S. Large-Scale Strike on Venezuela, Declares President Maduro and Wife Captured
Saudi-UAE Rift Adds Complexity to Middle East Diplomacy as Trump Signals Firm Leadership
OPEC+ to Keep Oil Output Policy Unchanged Despite Saudi-UAE Tensions Over Yemen
Saudi Arabia and UAE at Odds in Yemen Conflict as Southern Offensive Deepens Gulf Rift
Abu Dhabi ‘Capital of Capital’: How Abu Dhabi Rose as a Sovereign Wealth Power
Diamonds Are Powering a New Quantum Revolution
Trump Threatens Strikes Against Iran if Nuclear Programme Is Restarted
Why Saudi Arabia May Recalibrate Its US Spending Commitments Amid Rising China–America Rivalry
Riyadh Air’s First Boeing 787-9 Dreamliner Completes Initial Test Flight, Advancing Saudi Carrier’s Launch
Saudi Arabia’s 2025: A Pivotal Year of Global Engagement and Domestic Transformation
Saudi Arabia to Introduce Sugar-Content Based Tax on Sweetened Drinks from January 2026
Saudi Hotels Prepare for New Hospitality Roles as Alcohol Curbs Ease
Global Airports Forum Highlights Saudi Arabia’s Emergence as a Leading Aviation Powerhouse
Saudi Arabia Weighs Strategic Choice on Iran Amid Regional Turbulence
Not Only F-35s: Saudi Arabia to Gain Access to the World’s Most Sensitive Technology
Saudi Arabia Condemns Sydney Bondi Beach Shooting and Expresses Solidarity with Australia
Washington Watches Beijing–Riyadh Rapprochement as Strategic Balance Shifts
Saudi Arabia Urges Stronger Partnerships and Efficient Aid Delivery at OCHA Donor Support Meeting in Geneva
Saudi Arabia’s Vision 2030 Drives Measurable Lift in Global Reputation and Influence
Alcohol Policies Vary Widely Across Muslim-Majority Countries, With Many Permitting Consumption Under Specific Rules
Saudi Arabia Clarifies No Formal Ban on Photography at Holy Mosques for Hajj 2026
Libya and Saudi Arabia Sign Strategic MoU to Boost Telecommunications Cooperation
Elon Musk’s xAI Announces Landmark 500-Megawatt AI Data Center in Saudi Arabia
Israel Moves to Safeguard Regional Stability as F-35 Sales Debate Intensifies
Cardi B to Make Historic Saudi Arabia Debut at Soundstorm 2025 Festival
U.S. Democratic Lawmakers Raise National Security and Influence Concerns Over Paramount’s Hostile Bid for Warner Bros. Discovery
Hackers Are Hiding Malware in Open-Source Tools and IDE Extensions
Traveling to USA? Homeland Security moving toward requiring foreign travelers to share social media history
Wall Street Analysts Clash With Riyadh Over Saudi Arabia’s Deficit Outlook
Trump and Saudi Crown Prince Cement $1 Trillion-Plus Deals in High-Profile White House Summit
Saudi Arabia Opens Alcohol Sales to Wealthy Non-Muslim Residents Under New Access Rules
U.S.–Saudi Rethink Deepens — Washington Moves Ahead Without Linking Riyadh to Israel Normalisation
Saudi Arabia and Israel Deprioritise Diplomacy: Normalisation No Longer a Middle-East Priority
Saudi Arabia Positions Itself as the Backbone of the Global AI Era
As Trump Deepens Ties with Saudi Arabia, Push for Israel Normalization Takes a Back Seat
Thai Food Village Debuts at Saudi Feast Food Festival 2025 Under Thai Commerce Minister Suphajee’s Lead
Saudi Arabia Sharpens Its Strategic Vision as Economic Transformation Enters New Phase
Saudi Arabia Projects $44 Billion Budget Shortfall in 2026 as Economy Rebalances
OPEC+ Unveils New Capacity-Based System to Anchor Future Oil Output Levels
Will Saudi Arabia End Up Bankrolling Israel’s Post-Ceasefire Order in Lebanon?
Saudi Arabia’s SAMAI Initiative Surpasses One-Million-Citizen Milestone in National AI Upskilling Drive
Saudi Arabia’s Specialty Coffee Market Set to Surge as Demand Soars and New Exhibition Drops in December
Saudi Arabia Moves to Open Two New Alcohol Stores for Foreigners Under Vision 2030 Reform
×