Saudi Private Sector Growth Slows to Four Month Low

development, labor and construction in Riyadh saudi arabia- photo by lucien zeigler for SUSTG

Saudi Arabia

News, analysis, and more

Oil Supply

Saudis Raise Oil Output to Near-Record Amid Pressure From Trump

Saudi Arabia has increased crude production “significantly” to a near-record level amid intense pressure from U.S. President Donald Trump to reduce prices. ...

 

Donald Trump

Trump: I told Saudi’s King Salman ‘he wouldn’t last without US support’

U.S. President Donald Trump said at a rally on Tuesday that he warned Saudi Arabia's King Salman he would not last in power "for two ...

 

Saudi-Softbank

Softbank says it is working with Saudi PIF on solar power project

Japan’s SoftBank said on Tuesday it is working closely with Saudi Arabia’s sovereign wealth fund on a solar power-generation project, dismissing a Wall Street Journal ...

 

Petrochemicals

Saudi Petrochemical Producers Sign $2.2 Billion Merger Agreement

Saudi International Petrochemical Co. signed a non-binding agreement to acquire Sahara Petrochemical Co. in an all-share deal valued at just over $2 billion. ...

 

Energy Policy

How Saudi Arabia Is Hedging Against An Oil-less Future

Despite ranking first in global oil exports, Saudi Arabia is investing in electric vehicles and renewable energy, in addition to other tech startups. We dive ...

 

Saudi Aramco/SABIC

Saudi Aramco May Borrow $50B To Fund Sabic Acquisition

Currently, the most likely scenario would be Aramco tapping its own cash for around $20 billion of the US$70-billion acquisition price tag, while the remaining ...

 

Saudi-Kuwait

Saudi-Kuwaiti Talks on Shared Oil Are Said to Stall Over Chevron

Talks between Saudi Arabia and Kuwait to restart two oil fields in a neutral zone between the countries have stalled again, this time over the ...

 

Saudi Aramco

Three things with Saudi Aramco’s chief tech officer

The chief technology officer of Saudi Aramco, Ahmad Al-Khowaiter, sat down with Axios on the sidelines of a recent conference in New York to discuss ...

 

Women Drivers

An All Female Road Trip from Saudi Arabia to Oman

It is not an exaggeration to say that the border officials are delighted to see us, at customs and immigration they all comment and some ...

 

E-Visa

All You Need To Know About Getting The Saudi E-Visa Instantly For The Formula E Race In December

So if you visit Sharek's official website, obtaining a visa is as easy as one, two and three. The fourteen-day visa only costs SAR640 ($170) ...

 

Economy

Saudi private sector growth slows in September

Growth in Saudi Arabia's non-oil private sector slowed to a four-month low in September, a monthly survey of companies showed on Wednesday, casting doubt on ...

 

Saudi-Pakistan

Pakistan takes U-turn; says Saudi won’t be part of CPEC

A third country can participate in the China-Pakistan Economic Corridor (CPEC) by taking part in the business and investment ventures arising out of the project, ...

 

Petrochemicals

Worker dies as fire hits petrochemical refinery in Saudi Arabia

One worker has been killed after a fire at a petrochemical refinery in western Saudi Arabia on Tuesday, authorities said. ...

 

Saudi +

Regional and related topics

Iraq

Iraq names new prime minister, ending months of uncertainty

Under the power-sharing system installed after the 2003 US-led invasion, Iraq has kept a tradition of naming a Kurdish president, a Shiite prime minister and ...

 

China in the Region

The Middle East is key to China’s global ambitions

From helping Egypt with a new Suez Canal to building a 10-billion-dollar industrial city on the Omani coast, the pace of investment has been unrelenting. ...

 

UAE-Iran

Iran’s Oil Buyer and Rival, U.A.E. May Be Cracking Down on Trade

Dubai is the U.A.E.’s main importer of Iranian oil. The country’s biggest city buys a light oil called condensate that’s produced in Iran’s natural gas ...

 

Global Oil Markets

Kuwait Oil to U.S. Stops for 1st Time Since 1990-91 Gulf War

The halt is the latest sign that booming demand for oil in Asia, particularly as the U.S. re-imposes sanctions on Iran, and rising supplies from ...

 

Egypt

Rising Oil Bill May Erase Egypt’s Savings From Gas Milestone

No sooner has Egypt achieved its milestone of regaining self-sufficiency in natural gas than another corner of the energy market threatens to deal a new ...

 

ME Energy

Middle East moves closer to a sustainable future

Energy transition is increasingly becoming a reality for many countries in the Middle East, and the commercial and technological trends now reshaping the power generation ...

 

Egypt

Islamic State announces death of senior militant in Egypt’s Sinai

Islamic State announced on Tuesday the death of a senior member of the group in Egypt’s Sinai peninsula, according to a social media posting, dealing ...

 

Yemen

Yemen’s economy on brink of total collapse: PM

The depreciation of Yemeni riyal continued in recent days. In the street markets in Aden, where the Saudi-backed government is officially based, one U.S. dollar ...

 

Turkey

Turkey’s inflation rate surges to almost 25%

Turkey’s finance minister has blamed “opportunism and stockpiling” for a soaring rate of inflation that reached almost 25 per cent in September in the wake ...

 

GQ ME

GQ Middle East launches first issue

GQ Middle East's dual-cover launch edition features Emmy-Award winning Egyptian-American actor Rami Malek ...

 

Recent Editions