Saudi Aramco Denies Financial Times Report on Shelving Long-Awaited IPO

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Saudi Arabia

News, analysis, and more

Vision 2030

Analysis: Inside the Remaking of Saudi Arabia

The real pain is just starting as the kingdom’s new young crown prince implements his ambitious plans. ...

 

U.S.-Saudi Relations

White House: Saudi king praised Trump for ‘visionary’ new Iran strategy

Saudi Arabia's king “praised President Trump” in a call for the United States’ “visionary new strategy” towards Iran, the White House said Sunday. ...

 

Saudi Aramco IPO

Saudi Aramco considers shelving international IPO

Saudi Aramco is considering shelving plans for an international listing in favour of a private share sale to the world’s biggest sovereign wealth funds and ...

 

Riyadh Metro

Saudi begins naming rights tender for Riyadh metro stations

Saudi Arabia’s Supreme Authority for the development of Riyadh on Sunday kicked off a tender for the naming rights of 10 stations on the city’s ...

 

Almarai Stake

Saudi wealth fund builds US$2.4bil stake in food producer

The PIF is at the centre of Saudi Arabia’s efforts to diversify revenue away from oil under an economic transformation plan known as Vision 2030. ...

 

Public Investment Fund

Saudi Sovereign Wealth Fund Is Said to Hire Real Estate Head

Saudi Arabia’s sovereign wealth fund hired the head of Qatar Investment Authority’s real estate arm as chief development officer earlier this year, people familiar with ...

 

Saudi Economy

Saudi central bank may raise loan-deposit ratio to help economy

Saudi Arabia’s central bank governor Ahmed al-Kholifey told Al Arabiya that the maximum loan-to-deposit ratio for commercial banks may be raised if that is needed ...

 

Princess Reema bint Bandar

Princess Reema to head sports federation in Saudi first

An official, speaking on condition of anonymity, told AFP that Princess Reema bint Bandar bin Sultan has become “the first woman to lead a federation” ...

 

Riyadh Fire

Saudi officials says fire in capital kills 10

Saudi Arabia's Civil Defense says 10 people have died in a fire at a carpentry workshop in the capital, Riyadh. ...

 

Companies Older than the Kingdom

8 Saudi Companies That Existed Even Before The Formation Of The Kingdom

Before Saudi Arabia was founded these companies were in operation and some of them have become large multinational conglomerates. ...

 

Saudi-Russia

How Moscow lost Riyadh in 1938

King Abdulaziz was outraged at the news that the two Soviet diplomats whom he considered his friends were killed. Two months after Khakimov was executed ...

 

Khamis Ibn Rimthan

Who was the Bedouin guide who tracked Saudi’s first oil in the desert?

Ibn Rimthan and American geologist Max Steineke were assigned by King Abdulaziz to find oil for commercial use in the eastern province. Although many had ...

 

Driving Ban Lifted

Perspective: Saudi women take the lead

ANYONE, who knows the Saudi society well, also knows that the decision to allow women to drive (as they were allowed to join the Shoura ...

 

Human Rights

Saudi Arabia says it is committed to promoting, protecting human rights

Saudi Arabia is fully committed to its efforts in promoting and protecting human rights, said Abdul Aziz Al-Assem, the first secretary of the Kingdom’s permanent ...

 

King Abdullah Port

Saudi port awards contract to run new cargo terminal

Strategically located on the Red Sea coast on one of the world’s busiest maritime shipping lanes and with direct access to extensive transportation networks and ...

 

Dina Shihabi

Saudi actress stars alongside John Krasinski in upcoming Amazon CIA series

Saudi actress, Dina Shihabi, is set to feature in upcoming Amazon CIA drama, Jack Ryan, starring alongside American Hollywood star, John Krasinski. ...

 

Concert Canceled

Saudi Arabia cancels female Egyptian star Sherine’s concert

The General Entertainment Authority said in a statement Sunday that the concert, which had been planned for the end of October to raise money for ...

 

Saudi +

Regional and related topics

Iran Nuclear Agreement

Tillerson: US trying to stay in Iran deal

Secretary of State Rex Tillerson said Sunday the US is trying to stay in the Iran nuclear deal while hoping to achieve more from it, ...

 

U.S.-Iran

Analysis: The Need for a Real New Strategy to Deal with Iran and the Gulf

The good news is that the White House summary of the new strategy did look beyond the narrow issue of certifying the JCPOA, and showed ...

 

Iraq-Kurds

Kirkuk: Iraqi forces capture key sites from Kurds

Iraqi government forces have captured key installations outside the disputed city of Kirkuk from Kurdish fighters. A military statement said units had taken control of the ...

 

Somalia Blast

Death toll from Somalia bomb attacks tops 300

More than 300 people died after twin bomb explosions in Mogadishu, an official said on Monday, as locals packed hospitals in search of friends and ...

 

Raqqa

U.S.-backed militias in final push against Islamic State in Raqqa

U.S.-backed militias battled foreign fighters defending the last pocket of Islamic State’s one-time Syrian capital of Raqqa on Monday, bringing their four-month campaign for the ...

 

Economy

IMF says income tax may become “necessary” for GCC states

The Gulf Cooperation Council countries may eventually be forced to implement income and other taxes to balance their budgets in the future, according to an ...

 

U.S.-Turkey

US Conspiracy Fears Grow in Turkey With Looming Court Case

The current diplomatic crisis between Turkey and the United States, sparked by the arrest of local U.S. employee Metin Topuz at a diplomatic mission, is ...

 

Israel-Syria

Israeli jets attack anti-aircraft battery in Syria in retaliatory strike

Israeli jets have attacked a Syrian government anti-aircraft missile launcher after it fired on its aircraft patrolling in Lebanese air space on a photographic reconnaissance ...

 

Women and Megacities

Cairo named most dangerous megacity for women; London best

Cairo is the world’s most dangerous megacity for women while London is the best, according to the first international experts’ poll on how females fare ...

 

Ramses II

Ancient Egypt: Lost Temple Of Ramses II Reveals 3,000-year-old Mysteries of God King

The parts of the temple were uncovered by a joint Czech and Egyptian archaeological mission working at the Abusir Necropolis in Giza in the north ...

 

Qatar Crisis

Qatar freezes all assets of Sheikh Abdullah al-Thani

Qatar has reportedly frozen all assets belonging to Sheikh Abdullah bin Ali al-Thani, one of the most prominent figures from the ruling family to speak ...

 

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