S&P Global Ratings has said that it now expects domestic credit growth in Saudi Arabia to stay strong in 2021-2022, following the sharp 14% year-on-year increase in 2020. “We anticipate solid mortgage …
Sudan officials, Saudi crown prince talk Red Sea investments
Sudan’s government says the prime minister has met with Saudi Arabia’s powerful crown prince to discuss Saudi investment opportunities in the Red Sea …
‘Everyone is freaking out’: Saudi Arabia’s ultimatum rattles international businesses
Saudi has given up trying to tempt international companies to the kingdom, and is now requiring them to relocate if they want billion dollar contracts.
The world has changed, and now Biden needs to change how the US deals with Saudi Arabia
Blowing up the relationship wouldn’t be wise, but the US does need to stop treating Saudi Arabia like it’s still the 20th century, writes Defense Priorities fellow Daniel DePetris. The US relationship …
US senator urges UK to follow Biden in curbing arms sales to Saudi Arabia
Chris Murphy, key opponent of Saudi war in Yemen, says UK and US should not be interested in ‘perpetuating war crimes’ …
HVAC Industry in Saudi Arabia to Generate Revenue Worth $3,197.4 Million by 2030 Says P&S Intelligence
As per Deloitte, in 2021, the number of hotel rooms in Saudi Arabia would increase by 4,500. Therefore, with the growth in the hospitality sector, the revenue in the Saudi Arabian heating, ventilation …
HVAC Industry in Saudi Arabia to Generate Revenue Worth $3,197.4 Million by 2030 Says P&S Intelligence
As per Deloitte, in 2021, the number of hotel rooms in Saudi Arabia would increase by 4,500. Therefore, with the growth in the hospitality sector, the revenue in the Saudi Arabian heating, ventilation …
Oil settles lower, shrugs off Saudi attack after climbing above $70/bbl
Oil prices settled lower on Monday, retreating from a session peak above $70 a barrel after attacks on oil facilities in Saudi Arabia lifted prices that high for the first time since the COVID-19 …
Yemen’s Houthis fire missiles, drones at Saudi Arabia’s oil site
Saudi Arabia said some of the world’s most protected oil infrastructure came under missile and drone attack in an escalation of regional hostilities that pushed up crude prices. The attacks on Sunday …
Oil Reverses Gains Following Attack on Key Saudi Crude Terminal
Oil slipped in London as the dollar strengthened and investors shrugged off an attack on the world’s largest crude terminal in Saudi Arabia.Global benchmark Brent futures earlier surged above $71 a …