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Saudi Aramco Says Operating 212 Drilling Rigs, No Decision On Increase
Aramco deployed 210 oil and gas rigs in 2014, an exceptionally busy year, company sources had said.
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Discovering Business | Exploiting the Kingdom’s Mineral Wealth
Saudi Arabia is not only a land of desert sands, as many believe, but one with a wide range of rocks which contain a vast mineral wealth greater than any other Gulf state and includes gold, copper, phosphate, and a wide array of industrial minerals. Such is the scale of this wealth that the Government, as part of its economic diversification strategy, plans to turn its fledgling mining industry into the “third pillar” of the economy after oil and petrochemicals.
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Saudi public heedless of coronavirus risks: Survey
The World Health Organization has cited the preliminary results of studies indicating that people working with camels are at increased risk of infection from MERS and young camels are particularly susceptible. A surge in MERS cases typically occurs around this time of year, when there are more juvenile camels circulating, Bin Saeed said.
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27 Saudi chambers of commerce, 170 investors to attend Economic Summit: FEDCOC
Saudi Arabia, currently investing more than $5.7bn in Egypt, is the largest investing Arab country in Egypt, with 27% of total Arab investments. The kingdom is followed by the United Arab Emirates (UAE) with more than $4.5bn in investments, then Kuwait with more than $2.7bn in investments, said Director-General of FEDCOC Alaa Ezz.
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Saudi Arabia replaces India as largest defence market for US
Saudi Arabia has replaced India as the largest importer of defence equipment worldwide and took the top spot as the number one trading partner for the US in 2014, according to IHS’ annual Global Defence Trade Report.
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The Legacy of King Abdullah: A Conversation with Gen. Anthony Zinni
The last time I saw him he invited me to go with him to a Majlis that was scheduled that afternoon. This was an informal gathering for consultations. I was the only non-Saudi present. It was a Majlis for tribal leaders. He had a member of the Royal Court escorting me tell me about an earlier session when he told tribal leaders he wanted to put girls schools in their areas. About half had objected. So he said look, I’ll put them where the tribal leaders accept them. This time the other half was coming back saying they wanted them now. They saw the benefit.
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Saudi Arabia says talks to end Yemen crisis to be held in Riyadh
Saudi Arabia said on Monday the Gulf Cooperation Council had agreed to host talks in Riyadh to end the Yemen crisis, the state news agency SPA said, quoting a statement by the Saudi King's office.
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11 times the Middle East mocked the Islamic State
It's a bad situation, but all across the Middle East, we've seen people respond to the threat posed by the Islamic State with jokes, satire and mockery – the name generally used to describe the group in the region is Daesh, for example, a label the group hates. Sometimes the mockery is crude, sometimes it gets lost in translation, but it's still remarkably impressive to see a whole variety of people standing up to a humorless enemy with humor.
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Analysis: Living the Saudi Dream
Saudi Arabia wants it all: to salvage OPEC, achieve income diversification and industrialization, and preserve its market share in crude oil, petroleum products, petrochemicals, and natural gas liquids (NGLs). Whether the Saudis succeed will be determined largely by the shale-energy industry in the United States.
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State Department to Review Clinton’s Emails
Secretary of State John Kerry says the State Department will move immediately to review emails that Hillary Rodham Clinton wrote on her personal account when held his job.
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