Saudi Aramco Aims to Invest $150b to Become Gas Exporter – CEO

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Saudi Arabia

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U.S.-Saudi

U.S. lawmakers’ concern on Saudi Arabia prompts Pompeo, Mattis briefing

Secretary of State Mike Pompeo and Secretary of Defense Jim Mattis will brief the U.S. Senate on Wednesday on the latest developments related to Saudi ...

 

Oil Prices

Oil falls on record Saudi output; eyes G20 and OPEC

Oil prices steadied on Tuesday, depressed by record Saudi production but supported by expectations that oil exporters would agree to cut output at an OPEC ...

 

Mohammed Bin Salman

After Khashoggi, Saudi prince looks to rebuild image abroad

The prince is visiting close allies in the Middle East before attending the Group of 20 summit in Argentina on Nov. 30 ...

 

Mohammed Bin Salman

Saudi crown prince arrives in Egypt on third leg of Arab tour

Saudi Arabia’s Crown Prince Mohammed bin Salman arrived in Egypt on Monday, the third leg of his first trip abroad since the murder of prominent ...

 

Saudi-Egypt

MBS visit is big business in Egypt

The Kingdom is quickly becoming the largest Arab investor in the Egyptian market, and the second largest foreign investor in general, accounting for 11 percent ...

 

War in Yemen

Senate plans vote on revoking U.S. support for Saudi Arabia in Yemen

Senators are planning to vote this week on a measure to end U.S. support for the Saudi-led military campaign in Yemen, shortly after two Cabinet ...

 

Saudi Aramco

Saudi Aramco aims to become gas exporter with $150 billion investment drive

Saudi Aramco’s gas expansion strategy needs $150 billion (117.55 billion pounds) worth of investments over the next decade as the company plans to increase output ...

 

Mining and Minerals

Saudi Arabia to boost mining sector to $64bn GDP contribution

Saudi Arabia is seeking to develop its mining sector to increase its current GDP contribution from $17 billion to $64 billion. ...

 

Petrochemicals

Saudi Petrochemical Giant Has Team Scouring World for M&A Deals

Saudi Basic Industries Corp. is targeting acquisitions and partnerships with oil majors as the petrochemicals giant seeks to expand in faster-growing markets such as China ...

 

U.S.-Saudi Military Sales

Kushner pushed Trump administration officials to inflate value of Saudi arms deal: report

Saudi Arabia so far has only signed “Letters of Offer and Acceptance” (LOAs) for $14.5 billion in sales of helicopters, tanks, ships, weapons and training, ...

 

Saudi Climbing Federation

Mountainfilm festival makes its debut in Saudi Arabia

Mountainfilm is an American documentary film festival that has been celebrated since 1979. It showcases nonfiction stories not just about climbing, but also about environmental, ...

 

Rummah Valley

IN PICTURES: A Saudi valley with majestic waterfalls pulls in photographers

Photographers in Saudi Arabia have been racing to capture photographs of the Rummah Valley, with a variety documenting aerial and ground images since waterfalls have ...

 

Cyber Security

800 Saudis start cybersecurity training

In its first year, NCA aims to provide some 800 training opportunities to Saudi young men and women in this field with the help of ...

 

Saudi +

Regional and related topics

Yemen Civil War

Yemen’s Hadi names new energy minister amid drive to boost oil output

Yemeni President Abd-Rabbu Mansour Hadi named a new energy minister on Monday as part of a clutch of cabinet appointments, the state news agency SABA ...

 

Global Oil Markets

What Oil at $50 a Barrel Means for the World Economy

Energy importers like India and South Africa will benefit; oil producers such as Russia and Saudi Arabia will hurt. Central banks under pressure to raise ...

 

Tolerance Warfare

Perspective: Challenges to old world order seen in Middle East

China and Russia, writes John Chipman, director general of IISS, are looking to test the tolerance of other states for varying forms of aggression, but ...

 

Iraq

Can Iraq’s new leadership win (and keep) the peace?

Aside from its governance challenges, Iraq remains highly susceptible to conflict relapse. Since 2003, Iraq has suffered countless sectarian conflicts and one recognized genocide. ...

 

UAE

U.A.E. Banks Look Outside of Their Home Turf to Boost Loan Deals

Lending by banks in the U.A.E., the second-biggest Arab economy after Saudi Arabia, has risen 4.2 percent in the 10 months through October as the ...

 

Islamic Finance

Islamic finance sees mixed growth, buoyed by capital market – study

The Islamic finance industry grew 11 percent year-on-year in 2017 and is set to sustain double-digit growth buoyed by capital market products and the adoption ...

 

Migration

5 Egyptians accused of smuggling migrants direct to Sicily

Italian police say they have detained five Egyptians accused of smuggling a boatload of 264 migrants from Libya to Sicily.The overloaded fishing boat pulled into ...

 

Soros Foundation

Soros foundation to close in Turkey after being bashed by Erdogan

US billionaire George Soros's Open Society Foundation said it has decided to cease operations in Turkey, days after President Recep Tayyip Erdogan accused the philanthropist ...

 

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 ...

 

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 ...

 

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 ...

 

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, ...

 

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 ...

 

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. ...

 

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 ...

 

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 ...

 

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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