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Tag: Saudi Arabia

Posted on April 17, 2025

Jordan, Saudi Arabia discuss boosting economic ties, investment cooperation

Khalil Hajj Tawfiq and Chairman of the Federation of Saudi Chambers Hassan Hwaizi on Thursday in Riyadh explored mechanisms for enhancing economic cooperation between Jordan and Saudi Arabia and …
Posted on April 17, 2025

US, Saudi Arabia could cement ‘long-term partnership’ on nuclear energy

Energy Secretary Chris Wright joins ‘America’s Newsroom’ to discuss U.S. entering talks with Saudi Arabia on nuclear tech cooperation and investments from Middle East countries in the U.S. as nuclear …
Posted on April 16, 2025

UAE, Saudi Arabia deny reports of involvement in talks about land offensive in Yemen

The United Arab Emirates and Saudi Arabia on Wednesday denied media reports they are involved in talks with the U.S. over a possible land offensive by military factions in Yemen against the Houthi …

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Posted on April 15, 2025

Saudi Arabia plans to pay off Syria’s debts to World Bank

By bnm Gulf bureau The Kingdom of Saudi Arabia is preparing to settle Syria’s outstanding debts to the World Bank, according to insider sources, Reuters reported on April 14. This financial …
Posted on April 14, 2025

Exclusive: Saudi Arabia plans to pay off Syria’s World Bank debts, sources say

Saudi Arabia plans to pay off Syria’s debts to the World Bank, three people familiar with the matter said, paving the way for the approval of millions of dollars in grants for reconstruction and to …
Posted on April 14, 2025

U.S. Revives Talks With Saudi Arabia on Transfer of Nuclear Technology

Energy Secretary Chris Wright said he sees a “pathway” to a deal that would allow the kingdom to develop a commercial nuclear power industry and potentially enrich uranium.
Posted on April 13, 2025

SICO named best investment bank in Bahrain at Global Finance World’s Best Investment Banks 2025 awards

SICO BSC (c), a leading regional asset manager, broker, and investment bank, with direct presence in Bahrain, Saudi Arabia, and the UAE, was named Best Investment Bank in Bahrain at the 2025 Global …
Posted on April 13, 2025

Saudi Arabia, US on ‘pathway’ to civil nuclear agreement, US Energy Secretary says

The United States and Saudi Arabia will sign a preliminary agreement to cooperate over the kingdom’s ambitions to develop a civil nuclear industry, U.S. Energy Secretary Chris Wright told reporters in the Saudi capital Riyadh on Sunday.
Posted on April 12, 2025

Tanking oil prices could more than double Saudi Arabia’s deficit to $75 billion and threaten spending plans: Goldman Sachs economist

Saudi Arabia needs oil at more than $90 a barrel to balance its budget. Goldman Sachs this week lowered its Brent crude price forecast for 2025 to $62 a barrel.
Posted on April 12, 2025

How Saudi Arabia’s dreams of building Hollywood in the desert fell short

Saudi Arabia has hit speed bumps in its efforts to build a global TV and movie industry, according to insiders and a previously unreported audit.

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