Saudi Oil Reserves Are Even Bigger than Previously Estimated

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Saudi Arabia

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Saudi Oil Reserves

Saudi Arabia’s massive oil reserves grow by 2.2 billion barrels

The audit confirms that the kingdom’s reserves are above 260 billion barrels, a figure that has long faced skepticism. ...

 

Saudi Bonds

Saudi Arabia Is Set to Win Its Big Market Test

Riyadh last came to the international bond markets in April 2018 when it issued seven-, 12- and 31-year maturities for a total of $11 billion, ...

 

Banking and Finance

JPMorgan, Citi get roles in $7.5B Saudi bond offering

Banking documents call it a benchmark sale, meaning at least $500M principal amount will be sold, but Bloomberg reports the kingdom will sell $7.5B of ...

 

Saudi Aramco

Oil Giant Saudi Aramco to Issue First Global Bond This Year

Saudi Aramco plans to tap the debt market in the second quarter to finance the acquisition of petrochemical giant Sabic, likely issuing its first ever ...

 

Oil Prices

Oil Surges 5% on Saudi Support, U.S.-China Talks

U.S. oil futures enter a bull market, climbing to a nearly four-week high. ...

 

Qiddiya

Construction on Saudi Arabia’s 334km² Qiddiya to start in 2019

The project – located 40km from the Saudi capital Riyadh – is more than double the size of Walt Disney World Orlando in Florida. With ...

 

Aramco Service Stations

Aramco Service Stations Coming to The Kingdom

RetailCo’s core business and operations will be two-pronged — automotive and aviation fuel segments. ...

 

Aseel Al-Hamad

Aseel Al Hamad Reflects on the Future of Saudi Arabia

Growing up in a country where it was illegal for women to drive was one of the biggest challenges I’d faced in my life, since ...

 

Women Drivers

Saudi authorities issue thousands of licenses to women since driving ban was lifted

Tens of thousands of women in Saudi Arabia have received their licenses since the driving ban was lifted, according to the Kingdom’s General Director of ...

 

Jamal Khashoggi

Defender Of Saudi Crown Prince Weighs In On Killing Of Journalist: Audio

Steve Inskeep talks to Ali Shihabi, the founder of the Arabia Foundation and an ally of Saudi leaders, about Saudi Arabia's role in the killing ...

 

Saudi Nuclear Energy

Saudi Arabia to work closely with US on nuclear power plans

Saudi Arabia aims to work closely with the United States on its plans to build nuclear power generation capacity in the oil producing kingdom, the ...

 

Nasdaq Dubai

Nasdaq Dubai launches Saudi futures trading for investors

The companies now available for futures trading on the Dubai exchange comprise a market capitalization of 794 billion Saudi riyals ($212 billion) and cover sectors ...

 

Investment

Nasdaq Dubai plans Saudi index launch after introducing kingdom’s equity futures

Nasdaq Dubai plans to add this year trading on a Saudi index to its list of products after launching Saudi equity futures, its first single ...

 

Saudi +

Regional and related topics

U.S. Foreign Policy

Pompeo repudiates Obama Mideast policy, takes aim at Iran

In a speech to the American University in Cairo, Pompeo unloaded on President Donald Trump's predecessor for being naive and timid when confronted with challenges ...

 

Iraq

As Iraq’s Shiite militias expand their reach, concerns about an ISIS revival grow

Their ascension has raised concerns among Iraqi politicians, Sunni residents and U.S. officials that the militia leaders are creating a parallel state that undermines Iraq’s ...

 

War in Yemen

Yemen soldiers killed in Houthi drone attack on base

The attack threatens to derail UN peace efforts, which last month saw both sides agree to a ceasefire around the lifeline Red Sea port of ...

 

Turkey

Turkey adamant on tough stance on Syrian Kurdish fighters as Russia begins joint patrols near Manbij

Turkey's rebuff amplified a rift between Ankara and Washington and raised new questions about how the United States would protect fighters who are U.S. allies ...

 

U.S.-Turkey

Analysis: Fiasco in Ankara: Turkish-US friction on Syria back to square one

US national security adviser John Bolton’s visit to Ankara was supposed to be a turning point in Syria’s foreseeable future and for Turkish-US relations. It was ...

 

Afghanistan

Afghanistan’s Ghani brings in rivals and loyalists in government remake

A separate pledge from Saleh, a former intelligence chief, spoke directly to the public anger and the security forces’ battered reputation. He said he wanted ...

 

Afghanistan

Afghan envoy hopes 2019 to be year of peace for Afghanistan

The Afghan president’s special peace envoy expressed hope Wednesday that the war that has ravaged this country for over 17 years and cost the United ...

 

Pakistan

Pakistan eyes investment pacts with Saudi Arabia, UAE

Pakistan expects to sign investment agreements with Saudi Arabia and the United Arab Emirates in the coming weeks, the prime minister’s office said, as Islamabad ...

 

Jason Rezaian

U.S. lawsuit by Post journalist seeks $1 billion in damages from Iran to deter taking of hostages

Leon on Tuesday noted that while federal courts have entered default judgments totaling about $46 billion for Iranian terrorism victims since 1996, collecting for many has ...

 

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