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Solar Power

Saudi Arabia launches new $1.5bn phase of solar energy plan

The Renewable Energy Project Development Office of Saudi Arabia's Ministry of Energy, Industry and Mineral Resources (MEIM) has launched the next phase of the kingdom's ...

 

Khalid Al-Falih

Saudi Energy Minister: Russians promised to pick up the pace of cuts

CNBC's Hadley Gamble sits down with Khalid Al-Falih, Saudi Arabia's energy minister, to discuss the country's conversations with Russia on energy cuts. ...

 

NIDLP

Saudi Arabia showcases $53B in deals at NIDLP conference

Saudi Arabia says nearly 40 agreements worth $53 billion were signed Monday at the second major investment conference held in the kingdom since the killing ...

 

Energy

What’s Behind Saudi Arabia’s New Downstream Strategy?

Saudi Aramco, the world’s wealthiest albeit state-owned oil company, continues to diversify in downstream investments. On Monday, the storied oil major said it planned to ...

 

Transportation

Saudi Arabia to Raise $36 Billion for Transportation Investment

Saudi Arabia plans to raise 135 billion riyals ($36 billion) for transportation-infrastructure projects over the next 11 years, as part of a sweeping plan to ...

 

Saudi-India

Saudi-Indian Economic Partnership Charting New Course

In theory, the economic relationship between Riyadh and New Delhi should be a fruitful one. Saudi Arabia is one of the world’s largest exporters of ...

 

Investment

Saudi Arabia cuts its Tesla exposure: Financial Times

Saudi Arabia has reportedly taken out an insurance policy on its investment in Tesla, which dramatically cuts its net exposure to the stock, just months ...

 

Cryptocurrency

Saudi Arabia, UAE Aim to Cut Payments Costs With Common Digital Currency

The central banks of Saudi Arabia and the United Arab Emirates (UAE) have jointly launched a digital currency trial. The Saudi Arabian Monetary Authority (SAMA) and ...

 

Weather in Arabia

Dozens rescued from flooding as heavy rain shuts schools and roads in Saudi Arabia

Heavy rainfall and sandstorms in the Kingdom have led to flooding, school closures and poor visibility, authorities said Monday as they urged people to take ...

 

Corruption Crackdown

One Of The Mideast’s Richest Men Is Among Freed Saudi Detainees

Several other prominent detainees were released over the past few weeks, including Amr Al-Dabbagh -- a businessman who was formerly chief of the Saudi investment ...

 

Golf

Golf: Sport’s best face tough questions before Saudi debut

Four of the world’s five best golfers will compete in the European Tour’s new desert destination event in Saudi Arabia, which starts on Thursday, but ...

 

Saudi-Canada

SNC-Lavalin mulls retreat from Saudi Arabia amid deepening diplomatic row

The head of SNC-Lavalin Group Inc. says ongoing diplomatic tensions between Canada and Saudi Arabia are hurting the company’s bottom line and forcing it to consider a possible retreat ...

 

Khashoggi Killing

U.N. Expert Wants to Examine Saudi Consulate Where Khashoggi Was Killed

A United Nations expert looking into the death of Jamal Khashoggi is seeking authorization from Saudi Arabia to examine the consulate building where the dissident ...

 

Saudi +

Regional and related topics

U.S. Congress

Senate moves forward on Middle East bill after shutdown logjam

The Senate voted on Monday to move forward on a bill that would impose new sanctions on Syria and hit back at the global campaign ...

 

Huawei

U.S. charges Huawei, affiliates with theft and lying about Iran sanctions

The Justice Department on Monday announced criminal charges against Huawei and its affiliates, accusing the Chinese telecommunications firm in two indictments of violating intellectual property ...

 

Warsaw Conference

US and Poland promise broad agenda for Middle East summit

Washington is seeking the establishment of working groups in the aftermath of the Warsaw discussions that would follow-up on policy priorities identified by the participants. ...

 

War in Yemen

Yemen ceasefire: Houthi retreat suffers setback, says UN envoy

Deadlines for a retreat of Houthi troops in Yemen, agreed in talks last month, have had to be delayed, the UN special envoy for Yemen, ...

 

EU-Iran

Pressure on Iran grows as Europe gets tougher and oil exports fall

Wolfgang Ischinger, a former high-ranking German diplomat and chairman of the Munich Security Conference, said Iran was “shooting itself in the foot” by burdening the ...

 

Crypto-Rial

Sanction-hit Iran ready to launch state cryptocurrency

The 'crypto-Rial' will reportedly be for banks and institutional transactions and will be followed by a cryptocurrency that will be for mainstream use ...

 

Syria

France bracing for return of jihadis jailed in Syria

France’s interior minister says the planned departure of American soldiers from Syria means that French jihadis imprisoned there will return to France, where he says ...

 

Uber

Uber to introduce new lightweight app for Middle East

Facing stiff competition from local rival Careem, Uber is investing heavily in its Middle East and North African operations, the company’s fastest growing region globally. ...

 

Pakistan

Militants kill 9 in attack on police station in Pakistan

Pakistani Taliban militants armed with guns and grenades attacked a regional police station in the southwestern Baluchistan province Tuesday, triggering a shootout that killed eight ...

 

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