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  • Saudi Aramco
    Saudi Aramco to Invest USD 40 Billion to Double Gas Capacity

    To achieve these objectives, Al-Falih said his company has adopted an open network innovation model that integrates capabilities and ideas from around the world through strategic research alliances, through investing venture capital in startup companies that are developing cutting-edge energy technologies, and by establishing global satellite research centers embedded within university campuses.

  • Regional Security
    Saudi Arabia hosts talks with U.S., regional allies on Thursday

    It said the participants would include Egypt, Turkey, Jordan and member states of the six-country Gulf Coopertion Council (GCC), which in addition to the kingdom comprises Bahrain, the United Arab Emirates, Kuwait, Oman and Qatar.

  • Petrochemicals
    Saudi Aramco, Sumitomo Chemical invite banks to back JV plant expansion

    PetroRabigh's existing plant can produce an annual 18 million tonnes of refined products and 2.4 million tonnes of petrochemical products. The new facility, known as Rabigh II, is to be built as an expansion of PetroRabigh's existing petrochemical plant, increasing output and introducing higher-margin products. The project, located on Saudi Arabia's Red Sea coast, received a formal go-ahead from the parent firms in 2012; PetroRabigh has said previously it is due to come online in 2016, despite a string of maintenance problems at the existing facility.

  • Global Energy Markets
    Opinion: Back to basics for the energy sector

    The comforting thought in the elegant board rooms in London, The Hague, Houston, and so on has been that the downturn seen this year is just a blip — a temporary diversion from a long term upward trend. Some corporate economists claim that prices have to rise to match the higher cost of production from new fields in more difficult areas. Others quote the growth in the global population, the spread of prosperity, and the impact of turmoil in the Middle East which could limit new investment. They may be right — the market is certainly cyclical and nothing is pre-ordained. But relying on optimism is a very risky business and most of the corporate (and executive) casualties in the sector over the last half century have been traceable to the triumph of optimism over common sense.

  • Society
    Saudi Arabia set to halve number of prisoners

    Saudi Arabia is preparing legislation that would allow judges to use alternative sentences to jail for minor crimes such as flirting with women.

  • Saudi-Bahrain
    Bahrain and Saudi Arabia announce new causeway

    A new terrestrial link connecting Bahrain with Saudi Arabia will be called “King Hamad Causeway”.

  • Labor
    KSA ministries pursue Saudization of economy

    The Ministries of Interior and Labor are working on identifying the commercial sectors and activities that will be fully Saudi-ized. They are studying the sectors that fit with the available human capacity in order to put an end to the foreign labor’s monopoly on some important business sectors in Saudi Arabia, such as wholesale and retail trade.

  • Think Tanks
    New York Times Investigation: Foreign Powers Buy Influence at Think Tanks

    More than a dozen prominent Washington research groups have received tens of millions of dollars from foreign governments in recent years while pushing United States government officials to adopt policies that often reflect the donors’ priorities, an investigation by The New York Times has found.

  • Lebanon
    Hezbollah prepares to fight IS in Lebanon

    Many Lebanese are still unable to differentiate between the extremist groups fighting in Syria. "They are all 'Daesh,'" says a customer at Mohammed’s barber shop, using the Arabic acronym for IS. "They slaughter people and want to make people look like them." The customer gives Mohammed a sarcastic smile, adding, "If they ruled our friend's work, they [would] want people to grow beards and hair." Everyone at the salon laughed, quite furiously.

  • Pakistan
    Bad as Baghdadi? Pakistan’s Most Dangerous Man

    With the Pakistani press fixated on impending anti-government protests in Islamabad, a major terrorist attack launched in mid-August on the other side of the country went largely unreported.