U.S.-SAUDI RELATIONS

Secretary of State Tillerson Calls Saudi King Salman, Applauds Saudi Role in Regional Stability

Tillerson
U.S. Secretary of State Rex Tillerson called Saudi Arabia's King Salman by phone yesterday, and commended the Kingdom on its role in "promoting stability across the region," the SPA reported.

Saudi Arabia

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OPEC Cuts

Saudi Arabia is taking on the burden of OPEC’s oil cuts

OPEC members appear to be complying with agreed production cuts, but Saudi Arabia is overcompensating for some of its fellow oil producers....

 

Tillerson Phone Call

Saudi King Salman receives phone call from US secretary of state

King Salman began the conversation by congratulating Tillerson who in turn applauded Saudi Arabia’s efforts in promoting stability across the region, a statement on Saudi...

 

Anti-Extremism

Commentary: Saudi’s New Direction Towards an Open Global Islamic Authority

At the forefront of this effort appears to be the current Secretary General of the Muslim World League and a member of the Saudi Council...

 

Saudi Aramco

Saudi Aramco says an increase in onshore gas likely

State oil giant Saudi Aramco is not expected to reduce its drilling rig count this year and could increase the number marginally as it focuses...

 

No Six Flags

Saudi sovereign fund says it’s not considering stake in Six Flags

The Public Investment Fund (PIF), Saudi Arabia's top sovereign wealth fund, said it is not considering the acquisition of a stake in North American amusement...

 

SBG

Saudi Binladin said to get $2.7bn extension for Makkah mosque

Creditors have agreed in principle to Saudi Binladin Group’s (SBG) request for a two-year extension on a 10 billion riyal ($2.7 billion) Islamic credit facility...

 

McKinsey & Company

McKinsey to acquire Saudi Arabian consultancy

Elixir will operate as a wholly-owned subsidiary of McKinsey and its two co-founders will continue to lead the company. Elixir’s 140 employees will remain based...

 

No Maha

Qatar Airways Ditches Plans For New Saudi Airline

Even as Al Maha struggled to get off the ground, the country’s national carrier Saudi Arabian Airlines (Saudia) announced in April that it was setting...

 

Kingdom Holding Stock Swap

Walt Disney seeks control of troubled offspring Euro Disney

Walt Disney Co (DIS.N) is to seek full control of Euro Disney (EDLP.PA) after raising its stake in the underperforming operator of Disneyland Paris through...

 

War in Yemen

Saudi-led strikes on Yemen port, fears for civilians: U.N.

lians: U.N. The Saudi-led coalition has intensified air strikes on the Yemen port of Hodeidah, potentially trapping civilians and endangering a humanitarian operation to import vital...

 

Road Safety

Dozens of cars skid out of control on SAME road in Riyadh

The footage shows at least two vehicles crashing into the central reservation, while one car is seen swerving all over the road as the driver...

 

Saudi-Bangladesh

3 Bangladesh-based banks get nod to open branches in Saudi Arabia

The Saudi government recently agreed to allow Bangladeshi banks to open branches there...

 

Anti-Corruption Commission

Saudi Anti-Corruption Commission asked to create database on cases

A Shoura Council member called on the National Anti-Corruption Commission (Nazaha) to create a database on cases of corruption in the Kingdom....

 

Saudi-UK

Boris Johnson urged UK to continue Saudi arms sales after funeral bombing

“The issue is extremely finely balanced, but I judge at present the Saudis appear committed both to improving processes and to taking action to address...

 

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