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Saudi Press Agency reports Saudi Minister of Industry and Mineral Resources Bandar Al-Khorayef has been removed from his post.

2026-07-11

Saudi Press Agency reports Saudi Minister of Industry and Mineral Resources Bandar Al-Khorayef has been removed from his post.

Other News
2026-07-11

An Iranian university professor, Hakimeh Saghaye-Biriyah, said the memorandum was never properly implemented and its first paragraph is effectively void. She said Israel has neither agreed to withdraw from southern Lebanon nor stopped strikes on Leba

An Iranian university professor, Hakimeh Saghaye-Biriyah, said the memorandum was never properly implemented and its first paragraph is effectively void. She said Israel has neither agreed to withdraw from southern Lebanon nor stopped strikes on Lebanese territory, while the United States continues to reserve the right to use force—an approach she said contravenes the spirit of the memorandum’s first paragraph. She stressed the memorandum’s sovereignty clause covers land, territorial waters and airspace, and said Iran is watching whether the US will respect Iranian sovereignty in waters of the Strait of Hormuz or seek ways to circumvent it. She said these developments call into question whether the memorandum was ever executed in practice.
2026-07-11

Fitch: Saudi Arabia’s real GDP growth is expected to slow to 0.6% in 2026 and rebound in 2027.

Fitch: Saudi Arabia’s real GDP growth is expected to slow to 0.6% in 2026 and rebound in 2027.
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