OIL

Oil Down 11% in Two Weeks

aramco-oil-gas-energy-field
Despite sanctions against Iran and tensions between Riyadh and Washington over the disappearance of Saudi journalist Jamal Khashoggi, the price of oil has fallen 11% in two weeks on oversupply and other downward pressures, according to reports.

Saudi Arabia

News, analysis, and more

U.S.-Saudi

Pompeo: US giving Saudi Arabia a ‘few more days’ to complete Khashoggi probe

Secretary of State Mike Pompeo says he told President Donald Trump to give Saudi Arabia "a few more days to complete" an investigation into the ...

 

Jamal Khashoggi

Turkey urges public to ignore Khashoggi case ‘leaks’ as Putin awaits investigation outcome

Justice Minister Abdulhamit Gul also said that the case of Jamal Khashoggi is being “thoroughly” investigated and “results are expected to come out soon.” ...

 

Tech Investment

Tech reckons with Saudi cash after Khashoggi Affair

The nation’s sovereign Public Investment Fund has been one of its largest means of directly investing into American tech companies like Uber, investing $3.5 billion ...

 

U.S.-Saudi Relations

Behind Mnuchin’s reversal on Saudi trip

In calls last week and over the weekend, top executives told Mnuchin they wanted to cancel and urged the secretary to do the same. But ...

 

Economy

Moody’s raises GDP growth forecasts for Saudi Arabian economy

Moody’s has raised Saudi Arabia’s GDP growth forecast for 2018 to 2.5 percent from 1.3 percent as it maintains a “stable outlook” for the Saudi ...

 

Saudi Aramco

Saudi Aramco to invest in refinery-petrochemical project in east China

State oil giant Saudi Aramco signed an agreement on Thursday to invest in a refinery-petrochemical project in eastern China, part of its strategy to expand ...

 

U.S.-Saudi Relations

Four experts debate what rising US-Saudi tensions mean for energy prices and investors

With U.S.-Saudi Arabia tensions heightened by the disappearance of journalist Jamal Khashoggi, four experts discuss how global oil prices might be affected. ...

 

Security

Will Congress really cancel US-Saudi arms deals? It’s complicated, but let us explain

Whether Congress then rejects a U.S.-Saudi arms deal may also depend on what’s being dealt. For instance, Reed said Wednesday he opposes precision-guided munition sales ...

 

Population

Saudi Arabia – total population from 2012 to 2022

This statistic shows the total population of Saudi Arabia from 2012 to 2016, with projections up until 2020. In 2016, Saudi Arabia's total population amounted ...

 

Manchester United

Commentary: Saudi Arabia’s interest in Manchester United is real – here’s what we know

Purchasing United would meanwhile be an enormous coup, maybe the global jewel in football given that Real Madrid and Barcelona are socially ring-fenced because of ...

 

Art and Culture

New York museums to refuse Saudi funds for Middle East art programs

Two museums in New York that were set to use Saudi money for upcoming programs and seminars on Middle Eastern art now say that they ...

 

Saudi +

Regional and related topics

Afghanistan

Election in Afghan province of Kandahar to be delayed a week

Parliamentary elections in the southern Afghan province of Kandahar, due to be held on Saturday, will be delayed by one week following the assassination of ...

 

Syria

Turkey to host four-nation summit on Syria crisis

Turkish President Recep Tayyip Erdogan will host a summit on the Syria conflict with the leaders of Russia, Germany and France on Oct. 27 in ...

 

Global Oil Markets

Oil up but set for weekly loss on stock build, trade row

Oil prices rose on Friday on signs of surging demand in China, the world’s second-biggest oil consumer, although the market was heading for a second ...

 

ME Cultural Heritage

Middle East’s war-torn cultural sites get digital makeover

Sites destroyed in the old city of Aleppo during the seven-year-old Syrian conflict include the Umayyad mosque, the historic citadel and the Al-Madina Souq. ...

 

Urbanism

Perspective: Middle East Cities Should Look Forward—and Back

Middle Eastern cities possess some things—rich histories, large working-age populations, and, in some cases, vast resources of energy and money—that could produce successes, much as ...

 

S-400

America’s double standards on S-400 missile system sanctions

The move, made possible by last year’s US congressional passage of the Countering America’s Adversaries Through Sanctions Act (CAATSA), seeks to penalize countries who purchase ...

 

Big Bad Wolf Book Sale

“World’s largest book sale” comes to Middle East at giant hangar in Dubai

A gargantuan touring book sale that touts itself as the world’s largest is making its first stop in the Middle East, filling a huge hangar ...

 

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