(Bloomberg) — Saudi Arabia is celebrating one of the biggest foreign-investment windfalls in its history after netting more than $12 billion by selling off a stake in the oil pipelines that traverse …
Pipeline Deal Shows Oil Still King for Investors in Saudi Arabia
(Bloomberg) — Saudi Arabia is celebrating one of the biggest foreign-investment windfalls in its history after netting more than $12 billion by selling off a stake in the oil pipelines that traverse …
Lawmakers want Biden to pressure Saudi Arabia to end Yemen blockade
In Washington, D.C., two sisters are on a hunger strike that started on March 29 to pressure the president to end U.S. financial and military support to the Saudi-led blockade on Yemen. Iman Saleh, 26 …
Hammad for strengthening investment, business linkages with Saudi Arabia
Industries and Production Muhammad Hammad Azhar Tuesday stressed the need for further strengthening investment and business linkages with Saudi Arabia to its full potential and facilitating Pakistani …
Larsen & Toubro bags 300 MW solar project in Saudi Arabia
The renewables arm of L&T’s Power Transmission & Distribution Business has secured the go-ahead to begin constructing the 300 MW Jeddah solar PV power plant in Saudi Arabia.
Jordan royal feud stirs unease in Saudi Arabia
Saudi Arabia fervently denies involvement in Jordan’s royal feud, but the arrest of an advisor to Crown Prince Mohammed bin Salman has stirred unease in Riyadh, which sources say is pushing for his …
Saudi Arabia supports IMF proposal to boost global reserves by $650bln
RIYADH: Saudi Arabia supports the International Monetary Fund (IMF) proposal to allocate new special drawing rights worth $650 billion to increase reserves, said Finance Minister Mohammed Al-Jadaan, …
Yemeni drones, missiles hit Aramco refineries, military sites in Saudi Arabia
Yemeni armed forces and allied Popular Committees fighters have launched fresh attacks on targets deep in Saudi Arabia in retaliation for the kingdom’s ongoing aggression on their country. Spokesman …
Only vaccinated pilgrims allowed into Mecca, Saudi officials say
Strict social distancing measures and disinfection routines will also be implemented inside the world famous holy site, in western Saudi Arabia, where millions of Muslims visit each year for the umrah …
Saudi Arabia’s Breakeven Oil Price To Drop To $65 Next Year
In the case of Saudi Arabia, the fiscal breakeven oil price is set to drop to as low as $65.70 next year, compared to $76.20 this year, and a high as $81.90 in the last pre-pandemic year 2019 …