Iraq is looking to attract investment from Saudi Arabia in one of its natural gas fields, Iraqi Deputy Prime Minister and Finance Minister, Ali Allawi, told Bloomberg …
Newcastle United sale to Saudi Arabia-led consortium: Why the stakes are so high
The Saudi Arabia-led takeover of Newcastle United is taking a lot longer than these things normally do. Why is this case so complicated?
Big Bank Merger Points to Trouble at Heart of Saudi Economy
When Saudi Arabia last saw a merger of two of its biggest banks, the oil price was recovering from a dramatic slump, the kingdom was in the midst of a deep recession and its debt exceeded the size of …
Causeway From Saudi Arabia to Bahrain to Reopen in Late July
The roadway linking Bahrain to Saudi Arabia is expected to reopen on July 27, Asharq Al-awsat newspaper reported citing people familiar with the matter, ending a costly closure introduced to stop the …
Saudi-Led Coalition Starts Military Operation Against Yemen’s Houthis
A Saudi-led coalition has started a military operation against Yemen’s Houthi movement after Houthis stepped up cross-border missile and drone attacks on Saudi Arabia, Saudi state television reported …
Late Action on Virus Prompts Fears Over Safety of U.S. Diplomats in Saudi Arabia
Surging outbreaks in the U.S. Embassy and the kingdom and quiet congressional pressure led the State Department belatedly to allow voluntary departures. Some demand more action.
Saudi Arabia may raise August crude oil prices to Asia: survey
Top oil exporter Saudi Arabia may raise its August official selling price (OSP) for crude sold in Asia, hiking for a third straight month due to rising Middle East benchmarks and a rebound in Asian …
Saudi Bank Merger Points to Trouble at Heart of the Economy
When Saudi Arabia last saw a merger of two of its biggest banks, the oil price was recovering from a dramatic slump, the kingdom was in the midst of a deep recession and its debt exceeded the size of …
Saudi Arabia’s latest VAT hike a ‘triple whammy’ for country: CEO
Tarek Fadlallah from Nomura Asset Management explains how Saudi Arabia’s “virtually unprecedented” VAT hike will impact the kingdom and the broader Gulf region.
Foster and Partners’ architects accused of climate betrayal over new airport in Saudi Arabia
Britain’s largest firm of architects has been accused of hypocrisy by environmentalists after it revealed designs for a second international airport in Saudi Arabia.Foster and Partners was already …