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Tag: Saudi Arabia

Posted on December 26, 2020

UAE clean energy firm signs $41m deal for new projects

UAE-based Yellow Door Energy has announced new renewables projects worth AED150 million ($41 million) in the region, including Jordan, Pakistan, Saudi Arabia, Bahrain and its home market. The projects …

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Posted on December 25, 2020

Google brings its cloud business to Saudi Arabia via Aramco

The partnership gives Alphabet Inc.’s Google regulatory clearance to set up what it calls a “cloud region” in the kingdom, the companies said last week. Employees at Google have called on the company …

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Posted on December 24, 2020

Trump administration pushes forward on $500 million weapons deal with Saudi Arabia

The Trump administration has formally notified Congress that it intends to sell nearly $500 million in precision bombs to Saudi Arabia, a transaction that is likely to fuel criticism from lawmakers …

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Posted on December 24, 2020

Google is partnering with oil giant Aramco to access Saudi Arabia’s $10 billion cloud market

Google Cloud and Saudi Aramco will partner to deliver cloud infrastructure to Saudi Arabia, as Covid-19 accelerates rapid digital adoption in the Gulf.

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Posted on December 23, 2020

Is Saudi Arabia eyeing a step into Russia’s backyard?

Orlen, Poland’s largest oil refiner, and Aramco, Saudi Arabia’s biggest producer, may be about to tie up a deal. That could have repercussions for Russia’s Rosneft — and Mr Putin’s coffers.

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Posted on December 23, 2020

Saudi Firms Replace CEOs at Rapid Pace in Fourth Quarter

Some of Saudi Arabia’s listed companies are seeing key leadership roles reshuffled at a rapid pace, with about 10 CEOs replaced this quarter alone.

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Posted on December 22, 2020

Saudi Arabia’s $360 Billion Wealth Fund Rejigs Leadership

(Bloomberg) — Saudi Arabia’s sovereign wealth fund overhauled some of its … chief executive officer of the country’s National Debt Management Center and adviser to the finance minister, will become …

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Posted on December 22, 2020

Pakistan uses China’s financial assistance to repay Saudi loan

Islamabad has so far paid $2 billion to Riyadh after Saudi Arabia insisted on the repayment of the loan earlier this year in the wake of bilateral ties being strained over Pakistan’s efforts to forge …

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Posted on December 22, 2020

Qatar Will Emerge From Saudi-Led Blockade With A More Powerful Military Than Ever

When the Saudi Arabian-led economic blockade against it ends, which could well be in the near future, the tiny nation of Qatar is destined to emerge with a much larger and more sophisticated military …

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Posted on December 22, 2020

Emirates suspends flights to Saudi, Kuwait and Oman

Dubai-based Emirates has suspended flights to Saudi Arabia, Kuwait and Oman. The move came after the three Gulf countries shut their borders over a new, more infectious strain of Covid-19 that’s …

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