Saudi Press

Saudi Arabia and the world
Saturday, Jul 12, 2025

Drones at US Air Force Bases Heighten Security; Global Economic and Diplomatic Ventures Dive Forward

Unidentified drones near US Air Force bases in England prompt security measures; Saudi Arabia secures $9.3 billion in deals to diversify its economy.
In recent news, unidentified drones have been spotted near key US Air Force bases in eastern England, prompting intensified security measures. Though the origins of these drones remain unknown, mitigation strategies have been implemented at bases like RAF Lakenheath and RAF Mildenhall to ensure ongoing safety.

Meanwhile, Philippine President Ferdinand Marcos Jr. has strengthened diplomatic ties with the UAE during his inaugural visit to Abu Dhabi, marking a significant milestone as their relations hit the 50-year mark. His visit saw promises of enhanced economic cooperation, although he returned home prematurely to manage typhoon relief efforts.

On the topic of economic initiatives, Saudi Arabia has secured over $9.3 billion in deals aimed at diversifying its economy and boosting trade connectivity, as announced during the Global Supply Chain Resilience Initiative forum. These agreements with international companies highlight the Kingdom's strategic efforts to attract investments by 2030.

In the realm of aviation, Saudi Arabia continues its leadership role, having been reappointed to head the Arab States Aviation Security Committee for a third term. The Kingdom is aggressively pursuing aviation expansion to reach 330 million passengers annually by 2030, indicative of its strong presence in regional aviation.

Shifting to financial markets, the Saudi stock index saw a slight dip, closing with a decrease, despite The Saudi Investment Bank's successful launch of a $750 million Sustainable Sukuk. The bank's shares edged up following this launch, underscoring ongoing economic activity within the Kingdom.

Rounding out our news, Vedanta Copper International plans a $2 billion investment in Saudi Arabia to develop copper projects, supporting the Kingdom's Vision 2030. This significant commitment involves developing major production facilities, aligning with broader goals of economic transformation.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Kurdistan Workers Party Takes Symbolic Step Towards Peace in Northern Iraq
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
AI Raises Alarms Over Long-Term Job Security
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Russia Formally Recognizes Taliban Government in Afghanistan
Mediators Edge Closer to Israel-Hamas Ceasefire Agreement
Emirates Airline Expands Market Share with New $20 Million Campaign
House Oversight Committee Subpoenas Former Jill Biden Aide Amid Investigation into Alleged Concealment of President Biden's Cognitive Health
Amazon Reaches Major Automation Milestone with Over One Million Robots
Meta Announces Formation of Ambitious AI Unit, Meta Superintelligence Labs
China Unveils Miniature Insect-Like Surveillance Drone
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Iran Executes Alleged Israeli Spies and Arrests Hundreds Amid Post-War Crackdown
Trump Asserts Readiness for Further Strikes on Iran Amid Nuclear Tensions
Iran's Parliament Votes to Suspend Cooperation with Nuclear Watchdog
Trump Announces Upcoming US-Iran Meeting Amid Controversial Airstrikes
Trump Moves to Reshape Middle East Following Israel-Iran Conflict
NATO Leaders Endorse Plan for Increased Defence Spending
U.S. Crude Oil Prices Drop Below $65 Amid Market Volatility
Explosions Rock Doha as Iranian Missiles Target Qatar
“You Have 12 Hours to Flee”: Israeli Threat Campaign Targets Surviving Iranian Officials
Oman Set to Introduce Personal Income Tax, First in Gulf
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Iran Intensifies Crackdown on Alleged Mossad Operatives After Sabotage Claims
Trump Praises Iran’s ‘Very Weak’ Response After U.S. Strikes and Presses Israel to Pursue Peace
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Pakistan to nominate Trump for Nobel Peace Prize.
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
G7 Leaders Fail to Reach Consensus on Key Global Issues
Mass exodus in Tehran as millions try to flee following Trump’s evacuation order
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Netanyahu Signals Potential Regime Change in Iran
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
Energy Infrastructure Becomes War Zone in Middle East
Iran Conducts Ballistic Missile Launches Amid Heightened Tensions with Israel
Iran Signals Openness to Nuclear Negotiations Amid Ongoing Regional Tensions
×