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TOP STORYU.S. Probe of Saudi Oil Attack Shows it Came From the North – Reuters ReportThe United States said new evidence and analysis of weapons debris recovered from an attack on Saudi oil facilities on Sept. 14 “indicates the strike likely came from the north, reinforcing its earlier assessment that Iran was behind the offensive,” Reuters reports in an exclusive. The attacks on September 14th were significant. Two of Saudi Arabia’s most important oil facilities were brazenly attacked and set ablaze, causing a disruption of half of Saudi Arabia’s total daily oil production and 5% of the world’s crude supply. The Iran-backed Houthis in Yemen said that the attacks were drone strikes they carried out, and claimed responsibility for them. The Houthis also said they would strike again. But in an interim report of a U.S. investigation – “seen by Reuters ahead of a presentation on Thursday to the United Nations Security Council – Washington assessed that before hitting its targets, one of the drones traversed a location approximately 200 km (124 miles) to the northwest of the attack site,” according to Reuters. “This, in combination with the assessed 900 kilometer maximum range of the Unmanned Aerial Vehicle (UAV), indicates with high likelihood that the attack originated north of Abqaiq,” the interim report said, referring to the location of one of the Saudi oil facilities that were hit. [Click here to read more from Reuters]
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TOP STORYThe Big Business of Riyadh Season: GEA Nets $270 Million from Entertainment PushThe chairman of the General Entertainment Authority (GEA) in Saudi Arabia said that the Kingdom’s “Riyadh Season” of events has generated more than SR1 billion ($270 million) for the GEA, according to Arab News. [more] |
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TOP STORYUnemployment declines in Saudi Arabia, further gains seen in 2020 – Jadwa InvestmentUnemployment in Saudi Arabia declined in the 3q 2019 and is likely to continue to improve as a pick-up in the non-oil private sector growth should translate to more jobs, according to a recent report from Jadwa Investment. [more] |
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TOP STORYGlobal Construction Giant Bechtel Opens New Office in Al-Khobar, Saudi ArabiaGlobal engineering, procurement and construction (EPC) firm Bechtel has re-opened its office in Al-Khobar to “meet the increasing demand for quality services in the Oil and Gas sector in Saudi Arabia and in the region,” SUSTG has learned. [more] |
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MORE TOP STORYLINES
From Greta Thunberg to Saudi visas: this is how the travel industry has evolved in 10 years
Via Hayley Skirka in thenational.ae : Perhaps the defining moment of the decade for the Middle East travel scene happened in September, when Saudi Arabia launched tourism visas after being closed to outsiders for decades. |
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