Riyadh - Saudi King Abdullah bin Abdul-Aziz launched Wednesday a number of investment projects with total value of 130 billion Saudi Rials (34.5 billion dollars), including the building of one of the largest ports in the world.
The port is to be built in King Abdullah Economic City in Rabigh, the multi-billion dollar project launched in 2005. The project, spread over 168 million square meters, aims to create more than 1 million jobs by 2020 in a city that will be home to two million people.
Taipei - Saudi Arabia has threatened to halt oil exports to Taiwan over Taipei's reluctance to invest in Saudi Arabia's power and water desalination plant, a newspaper said on Monday.
Riyadh - Saudi Arabia urged Thursday Lebanese powers behind the current escalation to reconsider their moves and warned them against serving the interests of "foreign forces of extremism".