PETROCHEMICALS

Dow Chemical to Buy 15% More of Sadara to Boost Stake to 50%

MCI-MBS-dow-chemical-license
Dow Chemical plans to buy an additional 15 percent stake in its $20 billion joint venture with Saudi Aramco, the companies said on Monday according to reports.

Saudi Arabia

News, analysis, and more

Hajj: 2017

Saudi says it’s prepared to handle any stampede or disease at haj

Hussein Ghanam, who oversees the health ministry’s haj operations, said the authorities are prepared in case of another stampede. “There is an integrated fleet of ambulances, ...

 

Saudi Oil Policy

Russia And Saudi Arabia Plan To Extend Outputs Cuts Through June

Saudi Oil Minister Khalid al-Falih and his Russian counterpart Alexander Novak met to discuss the potential extension last month in St. Petersburg. No clear decision ...

 

Dow

Dow Chemical plans to boost stake in Sadara JV to 50 percent

U.S. company Dow Chemical (DOW.N) plans to buy an additional 15 percent stake in its $20 billion joint venture with Saudi Aramco IPO-ARMO.SE, the companies ...

 

Renewable Energy

Saudi Arabia seeks bids for first major wind power project

Project is part of round one of the National Renewable Energy Program which targets 9.5GW of renewable energy by 2023 ...

 

Capital Markets

Saudi stocks higher driven by banks

anks helped nudge stock markets in the Gulf higher on Monday with Saudi Arabian lenders, which may benefit from a potential upgrade of the kingdom ...

 

Saudi Aramco IPO

The Aramco IPO: A Geopolitical Game Of Thrones

Saudi Arabia has, in recent years, shown a willingness to form more in-depth relationships with its main Asian customers, China, India and Japan. ...

 

Saudi Economy

Analysis: Saudi economic future looks bleak amid falling oil prices

Even though the kingdom’s plan of action is to steadily ditch its dependence on oil, the primary problem now is the weak oil market. ...

 

Foreign Consultants

Saudi Shoura member criticises $3.1bn foreign consultancy bill

Hani Khashogji said Saudi consultants could perform the same work for a tenth of the cost ...

 

Hajj: 2017

Saudi Arabia Launches Digital Platforms to Give the Entire World a Window to View the Hajj

The Ministry of Culture and Information (MOCI) of Saudi Arabia has launched two digital platforms in the lead-up to the Hajj, which will provide information ...

 

Abercrombie & Fitch

Abercrombie & Fitch open first store in Saudi Arabia

New Albany-based retailer Abercrombie & Fitch is opening its first store in Saudi Arabia. This follows several years of expansion through the Middle East, Africa and ...

 

Labor

24.3 million Saudi work permits issued for private sector employment in 3 years

The number of work permits issued to private sector employees in Saudi Arabia reached about 24.3 million in the last three years. ...

 

Saudi +

Regional and related topics

Yemen Civil War

Yemen allies agree to end tensions after deadly clash: officials

Leaders of the Houthi group and loyalists of former president Ali Abdullah Saleh, allies in Yemen’s civil war, said on Tuesday they had agreed to ...

 

U.S.-Iran

Iran rejects U.S. demand for U.N. inspector visit to military sites

Iran has dismissed a U.S. demand for U.N. nuclear inspectors to visit its military bases as “merely a dream” as Washington reviews a 2015 nuclear ...

 

U.S. State Department

Tillerson moves to ditch special envoys

In a letter obtained by CNN and written to Senator Bob Corker, the Tennessee Republican who heads the foreign relations committee, Tillerson said he would ...

 

Qatar Crisis

Emirati Ambassador: Qatar Is a Destructive Force in the Region

The battle for leadership of the Gulf is also playing out in Washington, through hacks, leaks, and influence campaigns. ...

 

Kurds

With Referendum Approaching, Kurds Wait for More U.S. Military Aid

A $22 million U.S. Defense Department fund that has helped pay the salaries of Kurdish Peshmerga fighters in northern Iraq is due to run dry ...

 

Iraq

Iraq Braves Break With Tradition in Search of Oil’s True Worth

OPEC’s second-largest producer is stepping up the campaign to get more for its oil by looking to revamp the way it sells crude to its ...

 

Hamas

New Hamas leader says it is getting aid again from Iran

Hamas’ new leader in the Gaza Strip said Monday his group has repaired relations with Iran after a five-year rift and is using its newfound ...

 

Yemen

The silencing of a Yemeni social media star

Hisham Al-Omeisy is usually a prolific tweeter, known for his updates, in both English and Arabic, about the social and humanitarian crisis in his country. The ...

 

Lebanon

Lebanon Frees Hundreds of ISIS Fighters in Exchange for Soldiers’ Bodies

Lebanon began transporting an estimated 400 armed Islamic State fighters and family members from its northern border to the militants’ stronghold in eastern Syria on ...

 

Free Speech Worldwide

Study: Blasphemy Laws on Books in One-third of Nations

Laws prohibiting blasphemy are “astonishingly widespread” worldwide, with many laying down disproportionate punishments ranging from prison sentences to lashings or the death penalty, the lead ...

 

Sudan

War-ravaged South Sudan passes budget, but funding will be ‘difficult’

South Sudan’s parliament has passed its 2017/2018 budget but, after four years of war, acknowledged it does not know where much of the funding will ...

 

Migration

Libyan coastguard rescues nearly 500 off Tripoli

Libya’s coastguard rescued nearly 500 migrants on Tuesday at sea west of the capital Tripoli, a spokesman said, underlining the challenge of trying to slow ...

 

Future Warfare

Look for Military Drones to Begin Replacing Police Helicopters by 2025

By 2025, enormous military-style drones – close relatives of the sort made famous by counterterrorism strikes in Afghanistan and Iraq – will be visible 2,000 ...

 

Recent Editions