The US bought roughly 277,000 barrels a day of Saudi crude last year, down nearly 85% from a record high of 1.73 million barrels a day in 2003. To find...... continue reading
Much has been written about how Donald Trump’s election will affect the political and security outlook for the Middle East, including with regard to the Israeli-Palestinian conflict, the Iranian nuclear...... continue reading
According to foreign media reports, the Saudi Power Procurement Company (SPPC) has officially announced the list of prequalified bidders for its first battery energy storage system (BESS) procurement. The state-owned...... continue reading
Saudi Arabia has borrowed $7bn through Islamic loans as it looks to shore up financing to press ahead with costly mega-projects designed to diversify the kingdom’s economy from relying...... continue reading
Russian gas exports via Soviet-era pipelines running through Ukraine came to a halt on New Year's Day, marking the end of decades...... continue reading
Minister of Industry and Mineral Resources Bandar Alkhorayef said that investors not investing in Saudi Arabia are missing a golden opportunity, primarily multinational companies that seek to export products to...... continue reading
The UAE has emerged as Africa’s largest backer of new business projects, with Emirati companies committing $110bn (£88bn) to projects between 2019 and 2023, including $72bn in renewable energy, The...... continue reading
Transitioning from an oil-dependent economy poses significant challenges for the Kingdom’s foreign policy, as well. Saudi Arabia finds itself in various push-and-pull relationships across the wider Middle East, all of...... continue reading
Possibly the most exciting thing happening in Saudi Arabia at the moment is the energy generated by its youthful population, which is fully engaged in transforming the nation. Some two-thirds...... continue reading
Minister of Energy Prince Abdulaziz bin Salman said that Saudi Arabia is rapidly progressing through energy transformation phases and it is benefiting financially from this transformation. Addressing a dialogue session at...... continue reading