UK Petrochemical Company INEOS will Invest $2bn to Build Three Plants in Saudi Arabia

sadara-chemical-plant-2

Saudi Arabia

News, analysis, and more

Economy

Saudi Arabia’s Economic Growth Seen Picking Up Again in 2019

Saudi Arabia’s economic outlook is expected to improve further in 2019, although downside risks remain as a result of the global economic slowdown and the ...

 

Oil Markets

Saudis Take Iran’s Oil-Market Share, Keeping OPEC Supply Steady

Saudi Arabia ramped up oil production last month by the most this year, largely filling the gap created by tougher U.S. sanctions on its political ...

 

Saudi Oil Policy

Saudi Arabia to keep central role in maintaining oil market stability: Energy Minister Khalid Al-Falih

Saudi oil minister Khalid Al-Falih pledged “to do what is needed” to sustain oil market stability amid rising global trade tensions in a wide-ranging interview ...

 

U.S.-Saudi

Commentary: Emergency Weapons Sales Drag Gulf Arab Countries Deeper into U.S. Politics

All of this illustrates the way in which Saudi Arabia and the UAE, and particularly their military intervention in Yemen, have become exposed to three ...

 

EU Exports

European defence industry wrongfooted by Saudi weapons ban

“Going legal is one of the options we have to consider,” said Guillaume Faury, who took over as the head of ...

 

National Licensing Reform Program

Less licensing for more business in Saudi Arabia 

Following a detailed, risk-based review of each license and requirements, the NLRP was able to eliminate to date 62% of licenses (3,425 out of 5,566) ...

 

Labor

More than 3.24 million held for residency, labor violations in Saudi Arabia

More than 3.24 million violators of residency, work and border security systems have been arrested in a year-long roundup, according to an official report. Since the ...

 

Yemen Civil War

Yemen’s Houthis launch drone attack on Saudi-led coalition military parade in Aden

Yemen’s Iran-aligned Houthi movement launched a drone attack on a military parade for Saudi-led coalition forces in the port city of Aden, the group’s Al ...

 

Chemicals

Ineos to build Saudi plants in $2bn investment

Ineos is to spend $2bn building three chemicals plants in Saudi Arabia, heralding the first investment in the Middle East by the business controlled by ...

 

Blackout

Minister apologises after blackouts in southern Saudi Arabia

At around 4.45 am on Sunday, Saudi state media SPA reported that the state electricity company was working to repair electricity after blackouts in southern ...

 

Ramadan

Saudi food bank serves up a taste of Ramadan through a delivery app

A Saudi food bank has teamed up with a delivery app to nourish the needy during Ramadan. Itaam, a nonprofit initiative set up by entrepreneurs from ...

 

Saudi Fake

Fake Saudi prince Anthony Gignac jailed for $8m fraud

A man who repeatedly impersonates Saudi royals to con investors and live a lavish lifestyle has been sentenced to 18 years in prison for a ...

 

Saudi +

Regional and related topics

Eid Al-Fitr

When Does Ramadan 2019 End? Eid Al-Fitr Date, Moon Sighting

This year, Eid al-Fitr will either start on June 4 or June 5. Some Muslims wait to see the moon themselves before marking Eid al-Fitr, while others ...

 

Eid Al-Fitr

A day of feast, gratitude: What you need to know about Eid Al Fitr

Eid is the first day of the Islamic month of Shawwal, which comes after the holy month of Ramadan. ...

 

Global Oil Markets

Stuck Between Shale Rock and Hard Sanctions

In addition to worries about shrinking global demand for oil, market-watchers have big, lingering questions about supply. Among them: Just how much banned Iranian oil ...

 

Syria

Second round of deadly Israeli strikes hit Syria

Israel launched a second round of strikes against Syria in 24 hours on Sunday, state media reported, as US President Donald Trump called on Russia ...

 

Turkey

Turkey Presses Russia to Restrain Assad’s Attacks on Idlib

Turkey wants Russia to restrain intensified Syrian government assaults in that nation’s last rebel-held province, a senior security official said, days after President Bashar al-Assad’s ...

 

Trump Foreign Policy

Pompeo delivers unfiltered view of Trump’s Mideast peace plan at off-the-record meeting

If the peace plan had appeared to be an uphill battle when Pompeo spoke Tuesday night, it hit another significant hurdle just a day later ...

 

Mecca Summits

Qatar says it has reservations about Arab statements on Iran

The right of Saudi Arabia and the United Arab Emirates to defend their interests after the attacks on oil pumping stations in the kingdom and ...

 

U.S.-UAE

U.S., United Arab Emirates join new defense agreement

"The agreement will enhance military coordination between the two nations, further advancing an already robust military, political, and economic partnership at a critical time," state-run ...

 

Algeria

Algeria postpones presidential vote after contenders disqualified

Algeria has postponed presidential elections planned for next month after the two candidates were disqualified. The polls were to elect a successor to Abdelaziz Bouteflika, ...

 

Sudan

Sudan crisis: Security forces ‘move against protesters’

Sudanese security forces have attacked a pro-democracy protest outside the military headquarters in the capital, Khartoum, activists say. ...

 

Red Sea

KAUST researchers in Saudi Arabia make a surprising discovery in the depths of the Red Sea

Earth scientists and oceanographers at the King Abdullah University of Science and Technology (KAUST) have discovered that deep water in the Red Sea is replenished ...

 

Egypt

How ancient Egyptian cosmetics influenced our beauty rituals

The perceived seductiveness of Egyptian civilization has a lot to do with how we've glamorized its two most famous queens: Cleopatra and Nefertiti. In 1963, ...

 

Recent Editions