OIL MARKETS

Russia Takes Title of Top Oil Supplier to China for the First Time Ever in 2016; Unseats Saudi Arabia

OPEC expects an average decline in demand of 6.9 mbpd over the course of the year. 
year
Russia overtook Saudi Arabia as China’s top oil supplier last year for the first time ever amid the ongoing battle for market share in the world’s biggest energy market.

Saudi Arabia

News, analysis, and more

Inflation

Saudi inflation plunge aids government in fight to tame deficit

A plunge in Saudi Arabia's inflation rate, to its lowest level in more than 10 years, is good news for the kingdom's efforts to reduce...

 

OPEC Oil Output

Why Saudi Arabia May Unravel OPEC’s Big Deal

Saudi Arabia's oil minister Khalid Al-Falih says it may not be necessary to extend the deal reached by the group and some non-member nations to...

 

Saudi Infrastructure

Saudi infrastructure freeze may be easing as Jeddah projects announced

The projects are a tram line along Jeddah's northern corniche, a marine taxi service and a bridge linking two of the city's neighbourhoods, the Saudi...

 

Remittance Tax

Saudi Finance Ministry says no to fees on foreign workers’ remittances

The Saudi finance ministry said on Sunday there would be no fees applied on remittances out of the country, days after the kingdom's advisory Shoura...

 

Education and Training

Bechtel Launches Graduate Recruitment Program in Saudi Arabia

Bechtel, a global leader in engineering, procurement and construction, has launched a major new graduate recruitment program with the Riyadh College of Technology (RCT) in...

 

Saudi-France

French foreign minister arriving for talks with Saudi officials

Jean-Marc Ayrault, French minister of Foreign Affairs and International Development, will arrive here Monday to hold talks with senior Saudi officials....

 

Saudi Air Force

Deputy Crown Prince: Saudi has the most modern aerial fleet

The Deputy Crown Prince Mohammed bin Salman said “The kingdom is keen to acquire these kinds of modern aircraft in order to protect Saudi lands,...

 

SABIC

Shell Exits Third Saudi Project After Ending Sabic Venture

Saudi Basic Industries Corp. agreed to buy out Royal Dutch Shell Plc’s 50 percent stake in a petrochemical joint venture for $820 million, marking the...

 

Vision 2030

Will Saudi Arabia Go Back to Old Spending Habits?

Fahd Iqbal, head of Middle East research at Credit Suisse, discusses President Donald Trump's economic plans and the prospects for Saudi Arabia's economy with Bloomberg's...

 

Security

Militants blow themselves up after gunfight with Saudi forces

Saudi security forces surrounded a house in Jeddah's eastern Al-Harazat district and exchanged fire with the men, who blew themselves up, an interior ministry spokesman...

 

Guantanamo Bay

What former Guantanamo detainee said upon arrival in Saudi Arabia

A Saudi citizen who had been held in the US military prison at Guantanamo Bay arrived back in the kingdom on Thursday, state news agency...

 

Saudi Women

Women in Saudi Arabia want CNN to know they ‘choose to stay’

Earlier this week, CNN published an article titled "The Saudi women afraid to go home," which tells the story of women who had fled the...

 

Yemen

Saudi-led coalition air strikes ‘hit Yemen school’

Around 70 people have died in fresh fighting around the country, as first US drone strike under Trump administration kills two Al-Qaeda militants in southern province...

 

Saudi-China

Russia beats Saudi Arabia as China’s top crude oil supplier in 2016

Russia overtook Saudi Arabia in 2016 to became China's biggest crude oil supplier for the first year ever, customs data showed on Monday, boosted by...

 

Ride-Sharing in KSA

Careem growing exponentially in Saudi; more jobs in the offing

Careem, the region’s leading app-based car booking service, is planning to geographically expand in the Kingdom in 2017, adding new services as well as working...

 

Saudi +

Regional and related topics

Donald Trump Presidency

Donald Trump’s international business ventures face increased global terror risk, security experts warn

Businesses around the world bearing US President Donald Trump's name face an increased risk now that he is in the White House, security experts warn,...

 

U.S. Politics

Steve Clemons: One Last Trip With Joe Biden

When I boarded Air Force Two for Vice President Joe Biden’s final overseas mission, he had four days left in office. His leverage was diminishing...

 

Yemen Civil War

Renewed Fighting and Drone Strikes in Yemen Kill About 75

Renewed fighting in the Yemen conflict killed about 75 people on Saturday and Sunday, some of them in the first drone strikes launched during the...

 

America's Image Abroad

The 50 Most Common Questions Asked About America from Abroad

Every day, a whole bunch of people use Google's search engine to help answer all manner of questions, from important life-changing decisions like what to...

 

Daesh in Iraq

Iraqi forces recapture last central areas in eastern Mosul

A woman looks at rubble of destroyed buildings in eastern Mosul, Iraq, on Jan. 22, 2017. Iraqi security forces continued fierce clashes to drive out...

 

Syria Peace Talks

Syria’s warring sides kick off talks in Astana

Syria talks in Kazakh capital off to rocky start as no face-to-face discussions take place between rival delegations....

 

Islam in South America

How Islam took root in one of South America’s most violent cities

laring salsa music from a neighbouring bar does not perturb Sheik Munir Valencia as he bows in prayer at a family home-turned-mosque in the poor,...

 

Libya

What game is Russia playing in Libya?

Russia is trying to politically dominate the Libya file on the international stage like it did with Syria....

 

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