Saudi Arabia’s commitment to extended OPEC cuts ‘will result in oil production having negative effects on GDP’, Jadwa Says

The IMF says the steep fall in oil prices is likely to dampen growth in Saudi Arabia.
A recent report on the Saudi economy by Riyadh-based Jadwa Investment finds that overall GDP growth will be 0.1 percent in 2017 (compared to 1.4 percent in 2016) due to a sharp decline in oil sector GDP.

Saudi Arabia

News, analysis, and more


Why EFG-Hermes Sees MSCI Adding Saudi Arabia to Watch List: Q&A

It’s time to buy Saudi Arabian shares because the kingdom this week will likely begin the formal process for earning an emerging-market tag for its ...



Saudi Arabia Says It Has Detained Three Iranian Revolutionary Guards

Saudi Arabia says that it captured three members of Iran's Islamic Revolutionary Guard Corps (IRGC) aboard a boat approaching the kingdom's offshore Marjan oil field. ...


Saudi Aramco IPO

Saudi Aramco strives to curb its state role before IPO

As it eyes an appropriate dividend policy, Saudi Aramco is engaged in a frenetic exercise to separate the company’s core oil and gas business from ...


Economic Reforms

Perspective: How Economic Reform Will Help Women Drive In Saudi Arabia

This transition in male attitudes, coupled with the growth in the number of Saudi women entering the labor market and the clear benefits of having ...


Qatar Dispute

Commentary: New assertive generation of Gulf leaders at heart of Qatar rift

Riyadh and its allies "are no longer risk averse," Chas Freeman, former U.S. Ambassador to Riyadh, said. "They were prudent, cautious to a fault. Now ...


Bureau of Investigation and Public Prosecution

Public Prosecution gets more teeth: Lawyers

Lawyers on social media overwhelmingly praised the royal order to rename the Bureau of Investigation and Public Prosecution (BIP) as Public Prosecution and bring it ...


Abaya Fashion

What’s Trending Under the Abaya? A Saudi Fashion Expert Weighs In

Saudi Arabia-based fashion authority Marriam Mossalli discusses the popularity of vintage abayas, Melania Trump and the Dior "Feminist" T-shirt. ...


Qatar Dispute

Look out for these names on the UAE and Saudi Arabia’s Qatar-linked terrorism list – video

The UAE, Saudi Arabia, Bahrain and Egypt have placed 59 people and 12 organisations linked to Qatar on a "terror list". ...



Israeli sources: Breakthrough in ties with Saudi Arabia is unlikely

Israeli sources tell JPost that the 'Sunday Times' report alleging that Israel and Saudi Arabia are trying to forge economic ties is premature. ...



Iraq, Saudi Arabia upgrade diplomatic relations

Countries plan to boost cooperation in various sectors including oil, economy, trade, intelligence and counter-terrorism ...


Saudi +

Regional and related topics

Global Oil Markets

Global Oil Market Rebalancing Remains Elusive

Global oil prices tumbled to six-month lows in June after an array of new supply data stoked pervasive doubts over OPEC’s strategy to reduce the ...


Iran and the Region

Perspective: Iran’s Islamic State Problem Isn’t Going Away

The June 7 terror attack by five lightly armed but well-organized terrorists against two of Iran’s top landmarks — the parliament and the mausoleum of ...


Middle East Peace

Kushner to travel to Middle East in push for peace

White House senior adviser Jared Kushner will travel to Israel and the Palestinian territories on Wednesday as part of the Trump administration’s efforts to broker ...



The United States and Russia Are Increasingly at Odds in Syria

On Monday, after a U.S. fighter jet shot down a Syrian warplane for the first time in the civil war, the Russian Defense Ministry suspended a hotline for avoiding ...


Dubai Airshow

Dubai Airshow’s Reach Now Extends Beyond the Middle East

But increasingly, the biennial event’s reach extends beyond the Arabian Gulf states and the aerospace heartlands of Europe and North America, with a growing exhibitor ...


Flynn Investigation

House Dems pry into reported Flynn, Saudi Russia energy deal

A pair of top House Democrats are digging into whether former national security adviser Michael Flynn may have misled officials on his security clearance firm ...


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