Saudi Top Buyer of Military Arms as Flow Increases to Middle East

Saudi Arabia became the world’s largest arms importer between 2014–18, with an increase of 192 per cent compared with 2009–13, according to a new annual report published by the Stockholm International Peace Research Institute (SIPRI).

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U.S. Is No. 1 in Arms Sales as Russia Loses Market Share

Global arms sales are on the increase, consistent with the growing number of conflicts and deaths brought about by them. The U.S. and its allies ...


U.S.-Saudi Relations

Senate to Vote Again to End Aid to Saudi War in Yemen

The Senate will vote Wednesday on whether to cut off American military assistance for Saudi Arabia’s war in Yemen, preparing again to rebuke President Trump ...


Saudi Aramco

Saudi Aramco’s board to meet to approve SABIC bond plan: sources

The company’s representatives are expected to meet fixed-income investors in a bond roadshow in April, two sources familiar with the matter said. ...


Solar Power

Saudi Arabia reveals details of $1.5bn solar energy plan

Saudi Arabia has revealed details of Phase Two of its National Renewable Energy Program (NREP) that will see seven solar photovoltaic (PV) projects being developed ...



Saudi seals six private sector deals worth $3.5 billion, plans many more

Saudi Arabia has completed six public-private partnership deals in the past two months worth around $3.5 billion, and plans at least 23 more by 2022 ...



Saudi women’s rights activists go on trial in Riyadh

Activists and diplomats have speculated that the arrests may have been aimed at appeasing conservative elements opposed to social reforms pushed by Crown Prince Mohammed ...


Asian Football Confederation

BeIN Sports stripped of exclusive rights to broadcast AFC matches in Saudi Arabia

BeIN Sports has lost its exclusive rights to broadcast matches in Saudi Arabia after Asian football's governing body cancelled its licence over what Saudi officials ...



Value Quest Among Pricey Saudi Stocks Leads Some to Mouwasat

Saudi Arabian stocks are becoming pricier as the country heads for inclusion in major emerging-market benchmarks. But analysts believe they have spotted a bargain that ...


Oil Production

Watch: OPEC Secretary General on Saudi Arabia’s oil production, Venezuela

Mohammed Barkindo, OPEC Secretary General, joins CNBC's Brian Sullivan to discuss Venezuela and Saudi Arabia's oil production and the NOPEC legistlation passing through Congress at ...


Housing and Real Estate

Saudi Real Estate Refinance Co issues $200 mln sukuk

Government-owned Saudi Real Estate Refinance Co (SRC) said on Wednesday it had completed a 750 million riyal ($200 million) sukuk issue with multiple tenors, the ...



Event: STEP is now launching in Saudi Arabia on March 25

STEP started out as a series of workshops and small gatherings, and over 7 years has grown to become one of the largest tech experiential ...



Making amazing tales of Saudi Arabia’s past capital audible: Video

With the restoration of Atturaif and plantings of more than 14,000 indigenous trees and shrubs and 350 palm trees, Ad Diriyah is rising from its ...



MERS-CoV infects 2 more in Saudi Arabia, 102 this year

Saudi Arabia today reported two MERS-CoV cases, and, in the latest medical literature developments, researchers described new findings about mortality predictors, while another group profiled ...



Lebanon to sign new economic agreements with Saudi Arabia soon, PM Says

Lebanese Prime Minister Saad Hariri said Tuesday that Lebanon will sign new economic agreements with Saudi Arabia soon to enhance bilateral cooperation. ...


Saudi +

Regional and related topics


At Trump’s Pentagon, Empty Offices Are the New Normal

In addition to the top two jobs at the Pentagon, two out of seven undersecretaries of defense and nearly half the assistant secretaries of defense—including ...


Budget Cuts

Pompeo supports Trump’s proposed cut to State Department

The Trump administration’s budget plan, released Monday, would slash the budget for the State Department and international programs by more than 23 percent, from $55.8 ...


IDEX 2019

IDEX 2019 Highlights Gulf States’ Move to Develop Domestic Defense Industries

IDEX 2019 demonstrated that both the Emiratis and Saudis are serious about developing domestic defense industries and enlisting global defense firms as partners in this ...



US-backed Syrian forces push on as ISIS extremists fight back

US-backed Syrian forces said on Wednesday that ISIS extremists are putting up a desperate fight against their advances and staged a counterattack overnight from the ...


Syria Remains

Russia and Iran Economic Influence in Syria

Russia and Iran, the two main military allies and enablers of the Syrian regime, are engaged in competition over access to the Syrian economy, with ...



Iraq and Iran Build Economic Ties as Sidelined U.S. Looks On

In the contest for Iraq’s loyalty, geography is proving irresistible. ...


Natural Gas

Gas finds in the Mediterranean spark partnership between rival nations

With competition for gas markets intensifying both from traditional producers such as Russia and emerging ones such as the U.S., East Med countries need to ...



Q&A: After marathon Afghan talks, is peace at hand?

The longest direct talks ever held between the United States and the Taliban concluded this week with both sides citing progress toward ending the 17-year ...


EU Blacklist

EU adds UAE, Bermuda to expanded tax haven blacklist

Blacklisted states face reputational damages and stricter controls on transactions with the EU, although no sanctions have yet been agreed by EU states. ...



Petrochemical Corruption Scandal Grips the Nation

The case, described by the daily newspaper Shargh as "the biggest scam in Iranian history," saw the embezzlement of around 55 million euros. ...


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