Saudi Aramco officials began early talks with banks about a potential debt financing of up to $70 billion to back its acquisition of a majority stake in Saudi petrochemical firm Sabic, Reuters reports, citing banking sources.
Saudi authorities “have been very much in a hurry, listening intently to what are the requirements for MSCI and, more importantly, requirements from the global...
While new infections are still being sporadically recorded, the disease, also referred to as MERS coronavirus (MERS-CoV), has fallen to record lows in 2018, according...
Saudi Arabia’s air defense forces intercepted and destroyed a ballistic missile fired by Yemen’s Houthis in the southern city of Najran, wounding 26 people with...
KAEC comprises six components, which include a sea port, an industrial district, an educational zone, resorts, a residential area, and a central business district featuring...
The Public Prosecutor urged on Wednesday the specialized criminal court to award the death penalty to a Saudi accused of founding a youth organization affiliated...
The Saudi Arabian General Investment Authority (SAGIA) announced on Wednesday that Baker Hughes, a subsidiary of General Electric, is preparing to expand its investment in...
STARBUCKS launched the second series of its "Opportunity Café" and “Pathway to a Job" programs in partnership with Education for Employment (EFE). The two programs...
Custodian of the Two Holy Mosques King Salman received the 54th annual report of the Saudi Arabian Monetary Authority (SAMA) which reviews economic and financial...
Iran’s rial fell to a record low on Wednesday as worried residents of Tehran lined up outside beleaguered moneychangers, part of a staggering 140-percent drop...
Israel secretly armed and funded at least 12 rebel groups in southern Syria that helped prevent Iran-backed fighters and militants of the Islamic State from...
The collapse of Abraaj Group may disrupt private equity businesses in the Middle East and North Africa, which have registered a decline in number of...
NBC News
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Josh Lederman and Dan De Luce |
9.6.2018
With a second round of U.S. sanctions set to take effect in November, European officials are working at cross-purposes with Trump's "maximum pressure" campaign as...
BRI is in its early stages: The aspiration of cooperation, learning and private-public financing has great promise. But that requires significant changes from the early...
Bloomberg
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Stephen Stapczynski and Aibing Guo |
9.6.2018
Exxon Mobil Corp., the U.S. energy behemoth, signed deals to move ahead on a proposed multibillion-dollar petrochemical project and a gas import terminal in southern...
LobeLog
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Giorgio Cafiero and Victoria Shakespeare |
9.6.2018
Oman could potentially succeed in establishing two commercial hubs that become highly important to the international economy, perhaps one day rivaling Dubai’s Jebel Ali....
Yemen’s first round of peace talks in almost three years aims to build confidence between the warring sides, U.N. mediator Martin Griffiths said on Wednesday,...
