New Life for the 15 Year Old Abdullah Arab Peace Initiative?

President Trump and King Salman.

Saudi Arabia

News, analysis, and more

Saudi Aramco Agreements

Saudi Arabia Signs $50 Billion Worth Of Oil Deals With The U.S.

The US$110 billion worth of U.S.-Saudi defense capability deals made up for much of the value of the bilateral agreements during President Trump’s visit, but...

 

Public Investment Fund

Blackstone, SoftBank Deals Put Saudi Wealth Fund on the Map

Saudi Arabia plans to expand its sovereign wealth fund into the world’s largest. The kingdom took a huge step toward that goal on Saturday when...

 

Cyber

US draws on Israeli cyberpower and sells to Saudi Arabia

Cybersecurity Ventures publishes a list of the top 500 cyber security companies; it features 36 Israeli ones, the largest number after the U.S. Even that...

 

Boeing

Business Agreements Strengthen Boeing, Saudi Arabia Partnership

Several defense and commercial agreements announced over the weekend will further strengthen Boeing’s partnership with Saudi Arabia, create or sustain thousands of jobs in both...

 

Black Hawk Helicopters

US, Saudi Arabia Reach Tentative Pacts That Support 450 Sikorsky Jobs

Lockheed Martin Corp., Sikorsky's parent company, would form a joint venture with Saudi-owned Taqnia to complete 150 S-70 Black Hawk helicopters. Lockheed Martin said Saudi...

 

Drilling Rigs

Advanced drilling rigs to be made in Saudi Arabia under new joint venture

The joint venture will be supported by a commitment from recently announced Saudi Aramco Nabors Drilling Company to purchase fifty onshore drilling rigs over a...

 

U.S.-Saudi Relations

Perspective: The Middle East needs a back-up plan

More than Trump’s prepared remarks, however, what ought to command our attention are his offhand comments during a series of photo-ops earlier in the day....

 

Saudi-U.S. Joint Statement

Joint Statement Between the Kingdom of Saudi Arabia and the United States of America

The two leaders agreed to a new Strategic Partnership for the 21st Century in the interest of both countries by formally announcing a Joint Strategic...

 

U.S.-Saudi Arms Deal

Rand Paul to tee up vote on blocking Trump’s Saudi arms deal

Kentucky GOP Sen. Rand Paul is expected to offer legislation as soon as Wednesday that would block President Donald Trump's $110 billion weapons sales to...

 

Israel-Palestine

Trump’s Saudi Arabia Trip Figures Into Plan for Palestinian Deal

With the gusto of a salesman pushing a limited-time offer, he cast the Saudi monarch in a leading role and invoked his name to push...

 

News in Saudi Arabia

Websites of Al Jazeera, Qatari newspapers blocked in Saudi Arabia and UAE

The websites of Al Jazeera News Channel and Qatari news sites have been blocked in Saudi Arabia and the UAE on Wednesday....

 

OPEC Extension

Saudi Arabia, Iraq agree oil output cut needs nine-month extension

OPEC heavyweights Saudi Arabia and Iraq agreed on Monday on the need to extend a global cut in oil supply by nine months in an...

 

Saudi +

Regional and related topics

OPEC Oil Output

OPEC set to prolong oil cuts as delegates predict smooth meeting

The Organization of the Petroleum Exporting Countries (OPEC) will likely agree to extend production cuts for another nine months, delegates said on Tuesday as the...

 

OPEC

How Geopolitics Saved OPEC

In November 2016, OPEC’s obituary was ready, and geopolitics was a leading coauthor. If two of the most important OPEC members—Iran and Saudi Arabia—lacked diplomatic...

 

Middle East Peace

The ‘ultimate deal’? Trump’s Middle East peace plan is actually 15 years old

Several regional leaders have urged the administration to revive the Arab Peace Initiative, unveiled in 2002 and under which Arab states would recognize Israel in...

 

Syria

Are the U.S. and Iran on a Collision Course in Syria?

With Iran and its Shiite proxies determined to thwart American influence in Syria, Washington could soon find itself fighting a second front....

 

GCC Budgets

Economics 101: Why state budgets are harder in the GCC

In the GCC, oil changes the rules of the game, because oil income is not mean-reverting – it does not oscillate around a predictable average....

 

Softbank Vision Fund

SoftBank has taken a $4 billion stake in US chipmaper Nvidia

The Japanese tech giant, which acquired UK chip designer ARM for $31 billion (£24 billion) last September, reportedly disclosed that it owns an unspecified amount...

 

Bahrain

Saudi Arabia defends Bahrain’s deadly crackdown

Saudi Arabia on Wednesday defended the actions of Bahraini authorities who opened fire on a protest by supporters of a top Shiite cleric, killing five...

 

Amman International Film Festival

Innovative Middle East Fest To Launch in Amman

An innovative film festival focused on first works from the Arab world is being launched by Jordan’s Royal Film Commission in tandem with Cairo-based marketing...

 

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