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Saudi Oil PolicyThe Mindset Within The Kingdom Of Saudi Arabia
Viewed in this perspective, it can be argued the Kingdom of Saudi Arabia had to re-establish strategic relationships with Asian and American refiners to ensure long-term offtake contracts for its crude. Otherwise, its role will increasingly be that of a global on-off switch, something its long-lived reserves are not well suited for, and which subjects it to higher volatility in its revenue stream.
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Diplomat JobsDiplomat jobs open to Saudi women
Diplomatic delegate and second secretary job opportunities are available for Saudi women at the Ministry of Foreign Affairs. Candidates must be Saudi women with good conduct and no criminal record. They must not have been fired from a previous public sector job and not married to a non-Saudi. They must be in good health and presentable. They must sign a written agreement saying they are able to travel in delegations whenever and wherever they are assigned.
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EconomySABIC, Molecular in JV to commercialize nanomaterials’ apps
SABIC and Molecular Rebar Design, LLC have signed a joint venture agreement to develop and commercialize nanomaterials for select market segments and applications.
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PowerGE to provide $1.2bn new power plant in Tabuk
S-based manufacturing giant General Electric has secured a deal worth $1.2bn to build a new combined fosil fuel and solar power plant in Saudi Arabia.
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IndustryMa’aden-Alcoa JV refinery produces first Alumina from Saudi Baux
The Saudi Arabian Mining Company and lightweight metals leader Alcoa announced that the alumina refinery at their joint venture aluminum complex in Saudi Arabia has successfully produced its first alumina from Saudi Arabian bauxite. The alumina refinery at Ras Al Khair is the first ever refinery to be constructed and operated in the region.
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2015 BudgetSaudi 2015 budget expected to raise spending marginally – newspaper
Saudi Arabia's 2015 state budget is expected to raise spending marginally from this year's original plan while covering a deficit due to sliding oil prices with the kingdom's huge fiscal reserves, a Saudi newspaper reported on Tuesday. Quoting unnamed sources, the Al-Madina newspaper said government spending was expected to be about 860 billion riyals ($229 billion), up from a record 855 billion riyals in the 2014 budget plan.
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Saudi - IranQom, Najaf call for improved relations with Saudi Arabia
Prominent religious authorities in Iran's Qom and Iraq's Najaf have simultaneously called on the political leaders in their respective countries to improve relations with Saudi Arabia. The authorities stated that this move would be in the interest of all Muslims and would unite them in their struggle against terrorism and religious extremism. The request followed Saudi Arabia's adoption of a strict stance against Salafist jihadism, and pledging to reform domestic and foreign policies.
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Iraq and ISISISIS fight: Iraqi air force training in Arizona with U.S. F-16s
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IslamVienna may shut down Saudi school
Vienna's Board of Education has ordered for a school owned by the Saudi government to stop operating by the end of the year, after it failed to provide a full list of its staff to authorities. The institution previously came under fire for its curriculum.
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PharmaceuticalsFrance’s Sanofi to start production in Saudi Arabia at KAEC
On Wednesday the company formally inaugurated its factory at King Abdullah Economic City, an industrial and residential development on the Red Sea. Meir said the plant would initially produce antibiotics, cardiovascular drugs, diabetic medication and medicine to protect against blood clots.
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