Saudi National Day Becomes Global Celebration

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Saudi Arabia

News, analysis, and more

OPEC

OPEC+ Over-Compliance Leaves Room for Saudi Oil-Output Boost

OPEC and its allies are pumping half a million barrels a day below the target they set just a few months ago, suggesting there’s room ...

 

OPEC

Saudi energy minister says OPEC/non-OPEC alliance ready to pump more in months ahead

OPEC pumped 32.89 million b/d in August, according to the latest S&P Global Platts survey of OPEC production, up 670,000 b/d from May, not including ...

 

Saudi National Day

A jubilant Saudi Arabia celebrates its past, present … and future

His sentiments were echoed by citizens, who gathered last night in 20 cities to watch more than 900,000 fireworks light up the sky. ...

 

Development

Come to Pray, Stop to Shop, Saudis Set to Triple Malls in Mecca

Saudi Arabia, and its developers and retailers, are set to cash in on a spending bonanza fueled by the unique position of having a city ...

 

Entertainment

Big-screen business in Saudi Arabia will be billion-dollar industry by 2030

The big-screen business in Saudi Arabia will be a billion-dollar industry by 2030, according to experts, as regional and global movie operators queue up for ...

 

Aramco Trading Company

Saudi Aramco Trading aims for 50 percent rise in oil trade volume in 2020

Saudi’s Aramco Trading Company (ATC) expects to increase its oil trading volume to 6 million barrels per day (bpd) in 2020, 50 percent higher than ...

 

Saudi Aramco IPO

Saudi Aramco CEO can’t say whether IPO will happen by 2020

On Sunday, Nasser told CNBC that Aramco's plans to buy a strategic position in petrochemicals firm Saudi Basic Industries, or SABIC, will delay the IPO ...

 

Labor

Saudi retail, wholesale restrictions could impact 1.22 million foreign-held jobs

Saudi government plans to restrict jobs in the retail and wholesale sectors to nationals could affect as many as 1.22 million expat jobs, according to ...

 

Saudia Cargo

Saudi Airlines Cargo Co signs $320 million Islamic loan

Saudi Arabian Airlines' cargo unit has signed a 1.2 billion riyals ($320 million) Islamic loan, according to a statement issued by a law firm working ...

 

Women

For the first time ever, a woman anchored the nightly news in Saudi Arabia

Weam Al Dakheel has become the first woman to deliver the nightly news on television in Saudi Arabia. Al Dakheel appeared alongside a male co-host ...

 

Mada'in Saleh

This 2,000-year-old city in Saudi Arabia has everything but the crowds

Mada’in Saleh (called Al-Hijr in Arabic) dates from the first century BC to the first century AD. The 2,000-year-old site was built by the Nabataeans, ...

 

Education M&A

Perspective: Where are the opportunities in the Saudi educational sector?

In addition to not complying with the fees and Saudization process, this led to about 30 percent of private schools operating in the local market ...

 

Border Security

Saudi Arabia intercepts ballistic missile launched by Yemen’s Houthi militia towards Jazan

Saudi Arabia said its air defense forces intercepted a ballistic missile launched from Yemen by Houthi militia toward the southern province of Jazan on Saturday ...

 

Saudi +

Regional and related topics

OPEC

OPEC Gives Tepid Response to Trump’s Demand for Lower Oil Prices

U.S. President Donald Trump’s demand that OPEC take rapid action to reduce oil prices got a tepid response, with the group saying it would boost ...

 

Attack in Iran

Significance of attack on military parade in Iran

An Iranian ethnic Arab opposition movement called the Ahvaz National Resistance, which seeks a separate state in oil-rich Khuzestan province, claimed responsibility for the attack. ...

 

Russia in the Region

Russia to upgrade Syrian air defences

Russia is to send new anti-aircraft missiles to Syria, a week after Syrian forces accidentally shot down a Russian aircraft during an Israeli air strike. Russian ...

 

Iraq

One Down, Two to Go: Iraq’s New Government Shaping Up

With the vote, Iraq’s constitutional clock began ticking on a ninety-day deadline to form the next government. Parliament must now elect a president by the ...

 

Kuwait

Kuwaiti Stocks Retreat Ahead of FTSE Implementation: Inside EM

Kuwait’s main equities index fell a day before its inclusion in FTSE Russell’s emerging-markets gauge, trimming one of the best rallies in Middle Eastern stock ...

 

Oil Exports

Iran and New Mega-Refineries Set Asia’s Oil Market on Fire

When the Navarin, an oil supertanker carrying 2 million barrels of Middle East crude, docks at the Malaysian port of Pengerang on Monday, the arrival ...

 

Libya

Libya Says Its Oil Output at Most Since 2013 Can Go Even Higher

Output was recently 1.278 million barrels a day and can be increased by “hundreds of thousands” of barrels a day with improved security ...

 

U.S.-Iran

Gulf Arab states should be party to proposed Iran treaty talks: UAE official

Washington’s Gulf Arab allies should be included in proposed treaty negotiations with Iran over its ballistic missile program and regional behavior, a senior Emiriati official ...

 

Lebanon

Child dies as migrant boat capsizes off Lebanese coast

Lebanon is host to the highest number of Syrian refugees per capita, with at least 1 million registered in the country. ...

 

Migration

Tanzania investigates ferry disaster which killed 225

Tanzania’s government on Monday launched an inquest into the cause of the ferry disaster, in which 227 people died when a boat capsized in Lake ...

 

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