Official Press Release

World Chess Championship Begins Today in Riyadh, With Total Prize Money of US$2,000,000 On Offer

More than 200 grandmasters to participate in the event   RIYADH, December 26 – King Salman World Chess Championship begins today at Apex Convention Center at King Abdullah Petroleum Studies and Research Centre in Riyadh. Saudi Arabia is hosting the event for the first time, with the opening ceremony having been held yesterday. The event…

Coalition Says Conflict in Yemen Does Not Require “Comprehensive Military Campaign” and Expresses Hope in UN’s Inspection of Hudaydah Port

The Coalition’s Command announces that campaign against Iranian-Houthi militia is moving forward in accordance to plans Saudi Ambassador to Yemen expresses hopes that no more advanced weapons will reach Iranian-Houthi militia via the port of Hudaydah as he announces comprehensive humanitarian assistance plan. RIYADH, December 21 (CIC) – Saudi Arabia’s Ambassador to Yemen, Mohammed Al-Jaber,…

Coalition announces extension of opening of Hudaydah port to permit entry of commercial ships despite Iranian-Houthi provocations

The Coalition announces an extension of the opening of Hudaydah port to humanitarian and relief supplies, allowing entry of commercial ships including fuel and food for a period of 30 days. Riyadh, December 20, 2017 — As a result of the intensification of security inspection procedures, the Coalition command supporting the legitimate government in Yemen…

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Saudi Arabia’s Shura Council Passes Draft Bankruptcy Law

RIYADH, December 13 (CIC) – Saudi Arabia’s Shura Council has approved the draft bankruptcy law, as part of the Kingdom’s efforts to attract foreign investment and encourage private sector activity. The draft law, which consists of 231 articles in 17 chapters, aims to regulate bankruptcy procedures for preventive settlement, financial reorganization, liquidation, preventive settlement for…