KING SALMAN

Aramco Quickly Met Global Demand After Attacks, Saudi Arabia’s King Salman Says in Annual Address

King-salman
Saudi Arabia’s King Salman said in his annual address to the Shoura Council on Wednesday that the ability of Saudi Aramco to quickly restore oil production capacity after attacks on its facilities in September "had proven the kingdom’s ability to meet global demand during any shortage."

Saudi Arabia

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U.S.-Saudi

Deployment of 3,000 US troops to Saudi Arabia almost complete

Trump said the forces included radar and missile systems to “improve defenses against air and missile threats”, an expeditionary wing to support fighter aircraft from...

 

Riyadh

When sustainability is a $23 billion business

With a population of 7 million and a surface of 1800 square km, Riyadh is a big city. To help put things in context, New...

 

Aramco IPO

Perspective: Saudi Aramco’s behaviour after IPO matters more than lofty $1.7 trillion valuation

By far the most important question for crude markets is whether the IPO of Aramco (IPO-ARMO.SE) will alter the behaviour of the oil giant in...

 

Labor

Saudi minister unveils instant visa service for small businesses

Saudi Arabia has unveiled plans to launch an instant work-visa service next month, through its Qiwa platform, that is specially designed to help new small...

 

Saudi Aramco IPO

Saudi king says Aramco quickly met global demand after attacks

Saudi Arabia’s King Salman said on Wednesday that the ability of Saudi Aramco to quickly restore oil production capacity after attacks on its facilities in...

 

Employment

Average Saudi salaries forecast to rise 4.5% in 2020

Average salaries in Saudi Arabia have increased by 4.5 percent this year and are forecast to rise by a similar amount in 2020, according to...

 

1979 Grand Mosque Attack

Juhayman: 40 years on

On the anniversary of the 1979 attack on Makkah's Grand Mosque, Arab News tells the full story of an unthinkable event that shocked the Islamic...

 

LCS

Navy Cuts Steel on First Multi-Mission Surface Combatant Ship for Saudi Arabia

Prime contractor Lockheed Martin and its shipyard partner, FMM, have been working on the MMSC design with the U.S. Navy since 2017.  Four MMSC ships...

 

Blockchain

SABB and HSBC Complete First Blockchain Trade Transaction in Saudi Arabia and Bahrain

SABB and HSBC have for the first time used blockchain technology in Saudi Arabia and Bahrain to finance international trade. The move puts Saudi Arabia...

 

Public Investment Fund

PIF-Owned ‘The Helicopter Company’ Offers Users to ‘Experience the Skies of Saudi Arabia’

THC, fully owned by the Public Investment Fund, has already registered over 140 flights for customers....

 

Technology

U.S. Says Accused Saudi Twitter Spy Vowed to ‘Delete Evil’

A former Twitter Inc. employee accused of helping Saudi Arabia spy on dissidents got an apology from a judge for keeping him locked up while...

 

Defense

China, Saudi Arabia Launch Joint Naval Exercise, Chinese State Media Says

China and Saudi Arabia have begun a three-week joint naval exercise, Chinese state media said on Tuesday evening. The joint exercise at a Saudi Arabian naval...

 

Governance

Saudi Arabia Convicts 18 People of Bribery and Fraud

The rulings followed an investigation by the public prosecutor, who presented "strong evidence" of corruption, SPA said. Punishments included jail sentences of up to 16...

 

Ad Diriyah E-Prix

American pop rockers Imagine Dragons to perform in Saudi Arabia

The Imagine Dragons band will also be joined on the bill that night by Norwegian-British DJ Alan Walker and UK electronic stars Clean Bandit....

 

Saudi +

Regional and related topics

Lebanon

Yields of 100% Push Lebanon’s Bonds Into Venezuela Territory

Rates on the government’s $1.2 billion of notes maturing in March next year have climbed 28 percentage points this week to 105%. They were at...

 

Extremism

ISIS Gaining Strength After Trump’s Syria Pullout: U.S. Spies

“ISIS exploited the Turkish incursion and subsequent draw-down of U.S. troops to reconstitute capabilities and resources within Syria and strengthen its ability to plan attacks...

 

Israel in the Region

Israel strikes Iranian targets in Syria; 11 reported killed

The Israeli military said its fighter jets hit multiple targets belonging to Iran’s elite Quds force, including surface-to-air missiles, weapons warehouses and military bases. After...

 

Iran

Iran: More than 100 protesters believed to be killed as top officials give green light to crush protests

Hundreds of demonstrators blocked roads, using their parked cars as a form of protest. Verified video footage reviewed by Amnesty International shows riot police smashing...

 

Yemen Civil War

Yemen’s Houthis release captured South Korean, Saudi vessels

Yemen’s Iran-aligned Houthi movement released three vessels and 16 people it had seized, South Korea’s Foreign Ministry and a Houthi military source in Yemen said...

 

Iran Embargo

Pentagon warns Iran will seek advanced weapons as embargo expires

The embargo in question – which dates back to the 1979 Iranian revolution – will expire next year, as stipulated in the 2015 Joint Comprehensive Plan of Action,...

 

Energy

U.S. Grabs Saudi Market Share In Fastest Growing Oil Market

India increased its intake of U.S. crude oil last month while reducing imports of Saudi crude after the Kingdom increased the official selling price for...

 

Israel

Jerusalem Embassy Gives Warning Over Settlements Speech

The U.S. Embassy in Jerusalem issued a travel warning for visiting Americans, warning that they could be targets of “individuals and groups opposed to the...

 

Afghanistan

Two American service members killed in helicopter crash in Afghanistan

Two U.S. service members were killed in a helicopter crash in Afghanistan, U.S. Forces Afghanistan said in a statement Wednesday. The cause of the crash is...

 

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