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Energy

NUCLEAR ENERGY

Saudi Arabia to Award Nuclear Reactor Contract by End of 2018; U.S. Set to Miss Out

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Saudi Arabia plans to award a construction contract for its first nuclear reactors by the end of 2018, a senior government official said on Tuesday as reported in Reuters.

VISION 2030

Saudi Arabia’s ‘Third Rail’ No More? Kingdom Eyes Ambitious Energy Subsidies Cuts By November 2017, Report Says

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Energy subsidies have long been a significant drag on the Saudi economy on numerous fronts, but as Vision 2030 kicks into high gear, Saudi Arabia is reportedly eying brave cuts to its domestic energy subsidy program, long a third rail for Saudi domestic politics.
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