According to a recently released research note by Jadwa Investment, Saudi Arabia will see an increase of 1.2 MBPD of new refining capacity by 2020 representing a "major investment in downstream sector."
Iraq's President Fuad Masum visited Saudi Arabia's King Abdullah in Riyadh last night, the latest evidence of a thaw in diplomatic relations between the two countries.
Trading is set to begin tomorrow on steeply discounted shares of Saudi Arabia's National Commercial Bank as Saudi Arabia's capital market regulator will introduce rules for credit rating agencies next September, according to reports.
The Associated Press reported this weekend that an unnamed Saudi Shoura member confirmed its body had "recommended that the government lift its ban on female drivers,” a report that a government official quickly denied after it surfaced.
The first Global Business Entrepreneurship Forum (GEF) was held in Riyadh, Saudi Arabia today to bring together top business and startup leaders to the Ritz Carlton Hotel near the Diplomatic Quarter in the Saudi capital.
Saudi Arabia's Ambassador to the United States Adel al-Jubeir discussed the historical and current status of the Saudi-U.S. relationship and it's track record of success when facing regional and global challenges.
Saudi Arabia's Prince Turki al-Faisal delivered sharp criticism of those who put forth unsupported allegations of Saudi financing of extremism abroad, urging them to come forward with information so action can be taken.
