Saudi Arabia’s Central Bank Sees Reserves Soar on High Oil Prices

The $13.3 billion month-on-month increase in reserves to $498.9 billion in April is the highest level reached in over year and reveals "the extent to which a rebound in oil prices is strengthening the kingdom’s finances."

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Global Oil Markets

Saudi-Russia Oil Policy Shift Sets Stage for Tense OPEC Meeting

When Saudi Arabia and Russia announced a new policy to revive oil production last week, one thing was missing: most of the other partners in ...


Foreign Reserves

Saudi reserves rise sharply on back of high oil prices

The Saudi Arabian central bank’s foreign reserves rose last month at their fastest rate for four years, official data showed on Monday, revealing the extent ...


Saudi Economy

Social reform is rare bright spot in Saudi economic gloom

Consumer spending by newly employed women like al-Anzy is helping to offset a huge drag on growth from measures to bolster state finances and an ...


Vision 2030

Businesses In Saudi Arabia Struggle With Changing Regulations

"I give them very high salary ... but the problem is they don't like (the work)". He says the Saudis would rather be working in ...


Saudi Women Drivers

Men who harass Saudi female drivers risk $.8m fine, 15-year jail term

The newly promulgated eight-article law punishes convicted harasser with up to 15 years in prison and/or a fine of up to three million riyals (about ...



In Saudi media, a tug of war over relations with Israel

As the relationship between Saudi Arabia and Israel emerges into the public eye, Saudi media are conducting an intense debate over normalization with the Jewish ...


Saudi Football

Balotelli scores on return as Italy beats Saudi Arabia 2-1

With Italy looking tired, Saudi Arabia almost leveled following another defensive mistake — this time from Criscito — but Donnarumma pulled off a great save ...


Shale Gas

Halliburton wins Saudi Aramco unconventional gas stimulation contract

The unconventional program covers three areas of the kingdom -- North Arabia, South Ghawar in the eastern province and the Jafurah basin in the Rub ...


Saudi Aid

Saudi Arabia leads global humanitarian aid: UN data

the Kingdom has provided the Palestinian with aid worth $6 billion in different categories during the last 18 years. ...


War in Yemen

Saudi-led coalition closes in on Yemen port city Hodeidah

Forces backed by a Saudi-led coalition are closing in on Yemen’s Houthi-held port city Hodeidah, a coalition spokesman said, but did not specify whether there ...



Saudi Arabia Establishes Red Sea Development Company

The Saudi Ministry of Commerce and Investment registered the Red Sea Development Company (RSDC) as a closed joint-stock company wholly owned by the Public Investment ...



How Saudi Arabia is paving the way to be a regional leader in 5G

As one of the first practical steps towards achieving 5G, the CITC issued Test & Trial licenses to all three national mobile operators in early ...



Saudi Social Insurance body switches to Gregorian calendar starting June

This decision comes in line with the government directives to unify paydays for all state employees according to the Gregorian calendar. ...


Raif Badawi

Montreal grants honorary citizenship to Saudi blogger Raif Badawi

The City of Montreal made Saudi blogger Raif Badawi an honorary citizen on Monday, voting unanimously to award the distinction to the father of three ...


Saudi +

Regional and related topics

ISIS Experience

Run, Iman, Run: One woman’s journey to ISIS and back

Iman Muzaeva recounts what it was like to live as an ISIS wife, first in Raqqa, then in Tal Afar—and how she finally mustered up ...


Food Wars

Commentary: Middle Eastern culture wars: The battle of the palates

The battles over the origin of foods have forced countries to rewrite aspects of their histories and major companies to review the way they market ...



US warns Syrian government not to advance on south

The United States warned it would take “firm and appropriate measures” to protect a cease-fire in southern Syria if President Bashar Assad’s forces move against ...


Anti-ISIS Campaign

Combined strikes against ISIS up nearly 150 percent. Here’s why.

In May alone, the U.S.-led coalition has conducted 184 strikes. This represents a 149 percent increase over the 74 strikes conducted in March and surpassed ...



Russia: Only Syrian forces should be stationed on Israel border

Russia's Foreign Minister Sergey Lavrov has said that only Syrian forces should be present in areas alongside the country's border with Israel and Jordan, as rebels in ...



Syria says it has named a constitutional committee

Syria’s Foreign Ministry says it has handed to the Russian and Iranian ambassadors in Damascus a list of the members it has named to a ...


Qatar Dispute

Qatar tells stores to take Saudi products off their shelves

Qatar has ordered retailers to stop selling products from Saudi Arabia and other countries that severed ties with it almost a year ago. ...



Without France, Lebanon would probably be at war, Macron says

French President Emmanuel Macron has claimed credit for solving a political crisis in Lebanon last year and stated publicly that Saudi Arabia had held Prime ...


Yemen Civil War

New bout of heavy fighting in Yemen kills dozens

Heavy fighting in Yemen between pro-government forces and Shiite rebels has killed more than 150 people in the last four days, Yemeni officials and witnesses ...


U.S.-Arab Relations

Oil-rich Gulf nations spend millions on Trump insiders

Records reviewed by ABC News show that over the past 18 months those oil-rich nations have poured millions into efforts to build ties to President ...


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