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Opinion: OPEC: Hopin’, Thinkin’, Wishin’ And Prayin’
While we hear voices from OPEC and the oil producing nations every now and again, there is now a constant barrage of statements and opinions from oil analysts. In fact, every media pundit and reporter is now an expert on oil and has an opinion on its price direction.
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85 percent of security detainees are Saudi
The number of people detained for security reasons in the nation's prisons has reached 3,472, of which 85 (or 2,953) are Saudi, according to statistics released by the Ministry of Interior.
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Saudi now second largest oil producer
According to EIA analysis, Saudi produced 11.6 million barrels of oil a day in 2014 while the United States produced 12.4 million barrels a day. Saudi was the world's largest oil producer in 2013. Russia came in third place, producing 10.6 million barrels a day. The top ten also included China which produced 4.4 million barrels per day, Canada with 4 million and Iran with 3.2 barrels a day.
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Obama soon to ask Congress for ISIS war authority
Six months after U.S. military action began against ISIS, the White House is poised to send Capitol Hill this week language to formally authorize the mission. But it's far from certain if the measure can pass Congress, which is deeply divided on the issue.
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US contractor to design-build Saudi air base unit
US-based contracting company Gilbane has been appointed for a $166m design-build construction project at King Khalid Air Base for the Royal Saudi Air Force by the US Department of Defense.
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Convicted Saudi blogger to be re-tried: report
Saudi Arabia’s top court has decided to re-try a local man convicted of insulting Islam following growing criticism by international organisations and some governments.
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Prince Charles to meet Saudi Arabia’s new king
Prince Charles has a reputation - some might say a notoriety - for speaking up on matters of concern. As he arrives in Saudi Arabia, he faces a more-than-usually delicate diplomatic challenge. Will he speak up when he meets the new Saudi king, Salman, and raise the case of a Saudi citizen whose treatment has outraged human rights groups and is a matter of "serious concern" to the British government?
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Turkey, Saudi await response to demand for mosque in Cuba, President Erdoğan says
Turkey has applied to Cuban officials to build a mosque in the Caribbean country, Turkish President Recep Tayyip Erdoğan has said.
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Women constitute only 13% of Saudi workforce
Saudi women occupy only 13 percent of private and public positions occupied by nationals despite accounting for 51 percent of Saudi graduates, according to statistics from the Central Department of Statistics and Information.
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Saudi private sector credit growth rises by 12.6% to SR1.2 trillion
The loan market in Saudi Arabia continues to grow driven by a favorable business cycle, sound credit worthiness and high liquidity. Despite plunging oil prices and geopolitical turmoil in many of the Middle East and North Africa (MENA) region countries, the investment prospect is growing strong, marking a 17.4 percent Y/Y upturn in the second quarter 2014, the highest since Q2, 2012, according to the National Commercial Bank
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