SAUDI ARAMCO

Saudi Aramco CEO: ‘We Need a Major Acquisition For Us to Be In Different Markets Quickly’

amin-nasser-bloomberg
In an interview with Bloomberg, Saudi Aramco's CEO Amin Nasser said the company is earmarking $500 billion to invest over the next 10 years, including $160 billion for natural gas developments and $100 billion for chemicals projects.

Saudi Arabia

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OPEC

Saudis weighing OPEC production cuts

Saudi Arabia and OPEC are reportedly considering cutting production without triggering price hikes,  The Wall Street Journal reported Friday. ...

 

U.S.-Saudi Relations

Senate to get briefing on Saudi Arabia that could determine sanctions

Two congressional sources said an “all-senators briefing” is expected when the Senate returns to Washington after the Thanksgiving recess. ...

 

Saudi Aramco

Interview: Aramco Plans to Invest $500 Billion as Oil Giant Expands Abroad

“You can absorb market volatility when you are balanced between upstream and downstream,” Nasser said. “This is where our strategy is going.” ...

 

Mohammed Bin Salman

Crown Prince Mohammed bin Salman is here to stay, Saudi royal says

A prominent Saudi royal said Saturday that whether or not heads of state gathered in Argentina next week for the Group of 20 summit warmly ...

 

Women

New options spur Saudi women to join workforce

The past two years have brought huge changes. People are no longer shocked to see women working in retails shops. Indeed, it is now commonplace ...

 

Women

What Saudi Arabia is doing to end violence against women

Saudi Arabia joins the world in marking the International Day for the Elimination of Violence against Women on Nov. 25, and it has taken steady ...

 

Saudi Society

Opinion: Saudi Arabia is basking in real change

Most of these restrictive declarations came from men — who paraded around pushing their own repressive interpretations of Islam. Grudgingly, women found solace either in ...

 

Saudi-Turkey

Saudis Let Wallets Do the Talking to Punish Turkey for Khashoggi

Bilateral trade amounts to $4.8 billion. While that doesn’t even figure in the top 15 partners for Turkey, Saudi Arabia is a major export market ...

 

Weather in Arabia

More heavy rainfall forecast in Saudi this week

Saudi Arabia is set for another two days of heavy rainfall across different regions, according to a weather expert. Light to heavy rains will continue across ...

 

Tourism

Saudi Arabia’s tourism authority adds 19 new heritage sites to antiquities register

The Saudi Commission for Tourism and National Heritage’s (SCTH) Asir office has added records of 19 new archaeological sites to the National Antiquities Register. ...

 

Desalination

Desalination in Saudi Arabia: An attractive investment opportunity

Saudi private-sector companies and their global counterparts operating in the desalination, water treatment and renewable energy sectors have benefitted from a win-win partnership in major ...

 

Crown Prince Salman

Saudi Crown Prince meets with Dubai ruler during visit to Abu Dhabi

Saudi Arabia’s Crown Prince Mohammed bin Salman met with UAE Vice President and Prime Minister and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum ...

 

Power

ABB, Siemens CEOs to visit Saudi Arabia for supplier conference

The chief executives of ABB and Siemens are travelling to Saudi Arabia to attend a supplier conference, just weeks after they pulled out of an ...

 

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Regional and related topics

Climate Change

Climate change will shrink US economy and kill thousands, government report warns

A new US government report delivers a dire warning about climate change and its devastating impacts, saying the economy could lose hundreds of billions of ...

 

Counter Terrorism

Was Syria Different? Anticipating the Next Islamic State

For counterterrorism officials, one of the most difficult counterterrorism challenges is identifying the next global struggle that, like the Syrian civil war, will energize the ...

 

China Pakistan Economic Corridor (CPEC)

Chinese consulate attack puts Pakistan between a rock and a hard place

China’s refusal to immediately bail Pakistan out has forced Mr. Khan to turn to the IMF for help. The IMF, backed by the United States, ...

 

Yemen

Six suspected al Qaeda militants killed in Yemen drone strike

The strike hit a suspected al Qaeda site in al-Bayda province, killing two people believed to be local leaders of the group along with four ...

 

Syria

Aleppo ‘gas attack’ sparks Russia strikes

Russia has carried out air strikes against Syrian rebels it accuses of launching a chemical attack on the government-held city of Aleppo. ...

 

Egypt

Egypt says U.S. oil firms showing appetite for offshore projects

Egypt sees increasing interest from U.S. energy companies in developing its offshore oil and natural gas resources and expects them to participate in two bidding ...

 

UAE

UAE Cabinet approves long-term visa system for investors

The UAE Cabinet approved long-term visa system for investors, entrepreneurs, specialized talents and researchers in the fields of science, knowledge and outstanding students to facilitate ...

 

Kuwait

Archaeologists discover 7,500-year-old temple city in Kuwait

Although little is known about the Ubaid civilisation, it is believed that they were the first agricultural settlers in the region, which would later be ...

 

UAE

Matthew Hedges: British academic pardoned by UAE

A British academic who was jailed for spying in the United Arab Emirates has been freed after a pardon. Matthew Hedges, 31, denied spying and said ...

 

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