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Saudi Arabia

Saudi Ready To Up S Korea Oil Supply

Saudi Arabia might increase crude oil supplies to South Korea as Seoul looks for alternatives to Iranian oil.

Consumer Confidence Drops

Confidence decreased substantially in Saudi Arabia during the last quarter of 2011, according to Nielson.

Citi To Increase Dividends

Prince Alwaleed, Citigroup’s biggest individual shareholder, said that he expects the bank to increase dividends this year.

Saudi Can Cover Oil Shortages

The kingdom’s oil minister has said that rising domestic demand will not affect crude oil exports.

Kingdom Budget Surplus

Saudi Arabia almost doubles income forecast, announcing a budget surplus of $81.6 billion for 2011.

Saudi, Spain Sign $8.2bn Rail Deal

The Spanish consortium won the bid to build the second phase of the HHR.