Saudi British Bank (SABB) and smaller rival Alawwal Bank are merging to create Saudi Arabia’s third-biggest lender with a market capitalization of about $17.2 billion....
Saudi Arabia is in talks with South Africa’s major arms manufacturers and is considering taking an equity stake in the struggling state-owned defence firm Denel,...
It’s the latest in a series of new government initiatives that hopes to encourage 30 million holidaymakers a year by 2030. Saudi Arabia clamped down...
Currently, the most likely scenario would be Aramco tapping its own cash for around $20 billion of the US$70-billion acquisition price tag, while the remaining...
A third country can participate in the China-Pakistan Economic Corridor (CPEC) by taking part in the business and investment ventures arising out of the project,...
The chief technology officer of Saudi Aramco, Ahmad Al-Khowaiter, sat down with Axios on the sidelines of a recent conference in New York to discuss...
The final push, known as Operation Roundup, is in its third week. It is occurring in the Middle Euphrates River Valley’s Deir ez-Zor province, close...
Oil prices eased from four-year highs on Thursday, supported by the imminent loss of Iranian supply through U.S. sanctions, but also tempered by the prospect...
Emerging markets have been stressed by higher U.S. interest rates and the dollar. In some instances, like Turkey, Argentina, South Africa and Indonesia, the stress...
The creation of the so-called Syria Study Group was included in the Federal Aviation Administration reauthorization bill that easily passed the Senate on Wednesday....
The Heritage Foundation’s Index of U.S. Military Strength gauges the ability of the U.S. military to perform its missions in today’s world and assesses how...