AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb” from “bbb+” and affirmed the Financial Strength Rating (FSR) of B++ (Good) of Saudi Arabian Insurance Company B.S.C.
Hundreds of fighters head home in Yemen prisoner exchange
A landmark prisoner exchange between the government and Huthi rebels began Thursday, with hundreds of combatants heading home on flights criss-crossing Yemen and Saudi Arabia.
Two Americans, 240 Yemen Rebel Backers Freed In Apparent Swap
Two captive Americans were freed Wednesday in Yemen as more than 200 supporters of the country’s Huthi rebels were allowed to return home, in an apparent swap involving Saudi Arabia and Oman. The …
Pompeo Encourages Saudis To Normalize With Israel
US Secretary of State Mike Pompeo on Wednesday encouraged Saudi Arabia to recognize Israel, in what would be a massive boost for the Jewish state amid normalization by two other Gulf Arab kingdoms.
Two Americans, 240 Yemen rebels freed in apparent swap
Two captive Americans were freed Wednesday in Yemen as more than 200 supporters of the country’s Huthi rebels were allowed to return home, in an apparent swap involving Saudi Arabia and Oman.
Pompeo Urges Saudi Arabia to Consider Normalizing Relations With Israel
U.S. Secretary of State Mike Pompeo on Wednesday urged Saudi Arabia to consider normalizing relations with Israel as he met with the Gulf country’s foreign minister, also saying that Washington …
“Blood and Oil” coauthors on bin Salman and the future of Saudi Arabia
In this episode of Intelligence Matters, host Michael Morell interviews Bradley Hope and Justin Scheck, reporters for The Wall Street Journal and co-authors of Blood and Oil: Mohammed bin Salman’s …
Pompeo Calls on Saudi Arabia to Normalize Relations With Israel
Speaking to reporters from the State Department Wednesday, Secretary of State Mike Pompeo called on Saudi Arabia to join Bahrain and the United Arab Emirates in normalizing relations with Israel.
Saudi Arabia and Russia urge compliance on oil cuts
Key Opec members Saudi Arabia and Russia have urged fellow oil producer countries to stick to supply cuts agreed earlier this year, as the International Energy Agency warns of limited capacity in the …
Saudi Arabia Seeks to Increase Investment in Iraq to $2.6Bn
Saudi Arabia seeks to boost value of investment and empower the private sector to expand business in Iraq (Asharq Al-Awsat) A joint coordination council has revealed Saudi Arabia’s aspiration to raise …