SAUDI ARAMCO

Al-Falih Expects Strong Demand for Aramco’s First-Ever Bond Issue

Saudi Arabia's Crown Prince Mohammed bin Salman with Khalid Al Falih, Minister of Energy, Industry and Mineral Resources in Saudi Arabia.
Saudi Arabia expects strong demand for Saudi Aramco's first-ever bond issue, which is expected to close on Wednesday.

Saudi Arabia

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Saudi Aramco

Saudi Aramco attracts $30bn demand for expected $10bn bond issue

Saudi Aramco’s impending debut international bond has already drawn tens of billions of dollars of demand from investors, who are putting aside concerns over close...

 

Saudi Oil Policy

Saudi Arabia denies it threatened to strip US dollar from oil trading

Saudi Arabia on Monday denied a report that the kingdom is threatening to sell its oil in currencies other than the U.S. dollar if American...

 

Global Oil Markets

Interview: Oil Market on its Way to Being Balanced, Says Saudi Arabia Energy Minister

Saudi Arabia Energy Minister Khalid Al-Falih discusses how much he's willing to do to help balance the oil market. He speaks exclusively to Manus Cranny...

 

Saudi Aramco

Saudi Aramco Set for Mega Debt Deal Pitched by JPMorgan’s Dimon

In a bond sale closely watched by investors globally, Saudi Aramco and its bankers are preparing to kick off what could be at least a...

 

Global Oil Markets

Saudi Arabia says May will be key to decide on extending oil supply cuts

The Saudi energy minister on Monday said it was premature to say whether a consensus existed among OPEC and its allies to extend oil supply...

 

Nuclear Power

Secrecy behind Saudi nuclear talks infuriates Congress

Congressional anger is growing over President Trump’s efforts to secure a nuclear energy deal with Saudi Arabia. Lawmakers first became wary of the plans when the...

 

Yemen Civil War

Saudi Arabia and UAE give $200 million to Yemen for Ramadan

Saudi Arabia and the United Arab Emirates will disburse $200 million in aid to Yemen, to be spent during the holy month of Ramadan, the...

 

Banking and Finance

Saudi Banks to see double-digit asset growth by early 2020: Samba CEO

Samba Financial Group, Saudi Arabia’s third-largest bank by assets, expects Saudi banks to see double-digit asset growth by early 2020, supported by government plans to...

 

Economy

Saudi Arabia’s non-oil private sector posts strong growth

The Saudi Arabia Purchasing Managers’ Index (PMI) climbed to 56.8 in March, from February’s 56.6. The latest reading was the highest since December 2017 and...

 

Yemen Civil War

Arab Coalition destroys Houthi drone targeting Saudi civilians

The debris caused by the interception of the drones injured five civilians in Khamis Mushait, a Saudi city about 100 kilometres from the Yemeni border....

 

Security

2 terrorists killed in EP checkpoint attack

Four attackers targeted a security checkpoint with hand grenade in Markaz Abu Hadriyadh, Qatif in the Eastern Province on Sunday as they tried to flee...

 

Saudi Cinema

Saudi Arabia Is Getting Its First Homegrown Cinema Chain And This Mall In Jeddah Is Where They Are Opening First

What’s remarkable about this particular chain is that unlike the others which are big foreign established brands that are entering the Saudi market, Muvi is...

 

Saudi +

Regional and related topics

U.S.-Iran

US to designate Iran Revolutionary Guard a terrorist group

The Trump administration is preparing to designate Iran’s Revolutionary Guard a “foreign terrorist organization,” an unprecedented move against a national armed force that could have...

 

Israel

Israeli election: Netanyahu pitted against Gantz but Trump looms large

If Netanyahu wins, he will embark on his fourth consecutive and fifth overall term and become Israel’s longest-serving prime minister, surpassing the country’s founding father...

 

Libya

U.S. Temporarily Withdraws Forces in Libya Amid Fighting

The United States said Sunday it has temporarily withdrawn some of its forces from Libya due to “security conditions on the ground,” as a Libyan...

 

Turkey

Erdogan′s AKP party demands full vote recount in Istanbul

Officials from Turkey's ruling AKP party have described "numerical mistakes" in local elections in major cities across the country. In Istanbul's mayoral race, the opposition...

 

U.S.-Turkey

Here’s how F-35 technology would be compromised if Turkey also had the S-400 anti-aircraft system

NATO states use a tactical data link that allows military aircraft and even ships and ground troops to share their tactical pictures in near-real time....

 

U.S.-Iran

Iran Strategy – State Department Briefing

Since taking office, the administration has designated over 970 Iranian entities and individuals. The sanctions announced last week against front companies supporting the Islamic Revolutionary...

 

Water

The Ethiopians are building a massive dam, and Egypt is worried

Since Ethiopia announced plans nearly a decade ago to build a massive hydroelectric dam along the Blue Nile tributary, the Egyptian government has waited in...

 

Marriott

Marriott eyes Middle East and Africa growth

Marriott International says it expects to add 19 new properties and more than 3,000 rooms to its Middle East and Africa portfolio in 2019....

 

Middle East Film and Comic Con

All you need to know about the Middle East Film and Comic Con 2019

Here’s our guide to the geekiest weekend of the year, the eighth annual Middle East Film and Comic Con....

 

U.S. Energy Exports

U.S. Energy Makes Another Crack in Saudi Bastion With LPG Sales

India -- where oil demand is growing faster than anywhere else in the world -- is set to get its debut shipment of cooking fuel...

 

India

Hindu nationalism marches ahead in India’s general elections

As she patrols for cow smugglers, the Hindu holy woman rides in a white SUV with a window sticker displaying a cow framed by swords...

 

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