‘The Worst May be Over for Saudi Economy’ as GDP Growth Returns

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Saudi Arabia

News, analysis, and more

Saudi Economy

Saudi economy grows 1.15% in the first quarter on rising oil prices

Gross domestic product (GDP) saw a 1.2 percent rise in the three months to the end of March, compared with the same period last year. ...

 

Saudi Economy

The Worst May Be Over for the Saudi Economy

Saudi Arabia’s economy is starting to emerge from the worst slowdown since the global financial crisis, if only due to rebounding oil prices and higher ...

 

U.S.-Saudi

White House backs away from Trump claim Saudi Arabia will boost oil production

"King Salman affirmed that the Kingdom maintains a two million barrel per day spare capacity, which it will prudently use if and when necessary to ...

 

Global Oil Markets

Commentary: Why 2 million Saudi barrels will not solve world’s oil problems

Asking OPEC to carry the burden alone will not resolve the situation in the long term and certainly will not impact prices for a long ...

 

Entertainment

For Entertainment And Media, Consumption Is Driving Investment In Creation

The Saudi government is now throwing significant support behind the local media industry, emphasizing entertainment in particular as a quality of life issue and a ...

 

Saudi Nuclear Energy

South Korea’s KEPCO shortlisted to bid for Saudi nuclear project

State-run utility Korea Electric Power Corp (015760.KS) (KEPCO) had been shortlisted to bid for a nuclear project in Saudi Arabia along with the United States, ...

 

Saudi Aramco

Saudi Aramco-Unipec’s love-hate relationship

In the world of crude oil trading and energy security, some cardinal rules apply — never destabilize your most secure source of supply and never ...

 

Saudi Women Drivers

Newport, CA driving instructor tapped to teach Saudi women how to get behind the wheel

With the decades-long ban on women driving in Saudi Arabia now lifted, the Newport Beach-based driving instructor is one of just three women worldwide training ...

 

Taleedah Tamer

Will Taleedah Tamer be the first Saudi supermodel?

Her father, Ayman Tamer, is chairman of Tamer Group, a leading health care, pharmaceutical and beauty company, while her mother, Cristina, is a former model ...

 

Saudi Airshow

Riyadh to host first Saudi Airshow in March 2019

The event will host a mix of business, general and commercial aviation and aerospace exhibitors on a 100,000 square-metre static area which will accommodate over ...

 

King Abdulaziz International Airport

An inside look at Saudi Arabia’s new King Abdulaziz International Airport: Video

For many, the newly-opened King Abdulaziz International Airport in Jeddah is considered a leap in quality compared to the existing levels of current airports across ...

 

Saudi +

Regional and related topics

Global Oil Markets

Oil falls as Saudi, Russian output rises

Oil prices fell on Monday as supplies from Saudi Arabia and Russia rose while economic growth stumbled in Asia amid an escalating trade dispute with ...

 

Israel-Syria

Israel deploys border reinforcements as Syrians flee strikes

Israel has deployed artillery and armoured reinforcements along its northern border with Syria, the Israel Defence Forces said on Sunday, as tens of thousands of ...

 

Iran

New Unrest Roils Iran as U.S. Ramps Up Pressure

Spreading unrest in Iran raises the prospect of broader antigovernment protests as the political leadership in Tehran faces mounting pressure from a Trump administration effort ...

 

War in Yemen

U.N. hopeful for Yemen peace deal but Saudi coalition unlikely to drop demand for Houthi withdrawal

The Saudi-led military coalition fighting the Houthis in Yemen said on Friday it would welcome a political deal to end the conflict but indicated it ...

 

Turkey

Turkey’s Foreign Policy Is About to Take a Turn to the Right

urkey’s June 24 elections ushered in a new constitutional order with significant ramifications for the country’s international role. ...

 

Egypt

Egypt says to start building nuclear plant in next two years

Egypt said on Sunday that construction of its first nuclear power plant, to be built by Russia, will begin in the next two to two-and-a-half ...

 

Kuwait

Perspective: Kuwait – Finding Balance in a Maximalist Gulf

As a small state on the Gulf littoral, Kuwait cannot ignore the contest for regional supremacy, nor can it play a leading role in it. ...

 

Financial Action Task Force

Europeans Beat Back Americans as FATF Gives Iran More Time on Financial Reforms

At its plenary meeting in Paris, the Financial Action Task Force (FATF) opted “to continue the suspension of countermeasures” related to Iran’s inclusion in the ...

 

Syria Civil War

Rebel-held Syrian town to accept Assad’s rule: pro-government media

A major insurgent-held town in southwestern Syria has accepted the return of President Bashar al-Assad’s rule, pro-government media and a war monitor said on Sunday, ...

 

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