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Saudi Arabia

New Saudi ambassadors take up posts in Washington and London

Princess Reema bint Bandar bin Sultan, who presented her credentials in Washington, is the kingdom’s first female ambassador

Canada export agency lifts “closed” status on Saudi Arabia-related business

Export Development Canada changed its position from “closed” to “open on a restricted basis”

Saudi state defence firm pens deal with South Africa’s Paramount

Saudi Arabia aims to localise half of its military spending by 2030

Banks scramble to re-pitch for Aramco IPO roles – sources

Aramco chairman Khalid Al Falih said on Tuesday the listing could happen in 2020-2021

Saudi Arabia to raise 3 billion with debut euro debt sale

The Saudis have sold nearly $60bn in international bonds since their debut as a global borrower in late 2016

Saudi Arabia starts marketing its debut euro debt sale

The kingdom started marketing early on Tuesday an eight-year bond trance and a 20-year tranche

Houthi drone attack on Saudi Arabia’s Abha Airport leaves nine injured

A Syrian resident of Saudi Arabia died after a similar attack on Abha Airport in June

Saudi Arabia widens funding base with dual-tranche debut euro bond

The kingdom is looking to diversify its investor base

Oil production cuts weigh on Saudi growth in first quarter

The kingdom’s oil sector grew 1 per cent in the first quarter, down from almost 6 per cent growth in the previous quarter

OPEC+ cuts that steadied market now bring risk of $100 crude

Russia agrees with Saudi Arabia to extend OPEC+ oil output deal

Saudi Energy Minister Khalid Al Falih said on Sunday that the deal would most likely be extended by nine months

South Korea’s Hyundai Oilbank inks crude oil supply deals with Saudi Aramco

Aramco will supply 150,000 barrels per day of crude to the refiner for 20 years

Saudi Arabia signs $8.3bn economic pact with South Korea

The agreement includes a $6bn deal between Saudi Aramco and Korean firm S-Oil

Saudi Arabia relaxes ownership limits for foreign investors

The kingdom aims to attract billions of dollars of foreign funds as it opens up the region’s largest bourse

Saudi’s NEOM says Aecom hired as project management consultant

The construction of NEOM Bay is expected to start this year

Saudi forces intercept another Houthi drone headed towards a residential area

An attack by the Houthis on Saudi’s Abha airport earlier this week killed one person and wounded 21 others

Video: Saudi forces say they have captured leader of Yemen branch of ISIS

Abu Osama al-Muhajer, as well as other members of the organisation, were captured in a raid on June 3

Russia leads as top crude supplier to China, overtakes Saudi

Arrivals from Saudi Arabia fell 25 per cent last month from a year ago to 1.108 million bpd

Saudi Aramco concerned over Gulf attacks, has capacity to meet demand – CEO

Recent tanker attacks in the Gulf have raised fears about safety of the shipping route and pushed up oil prices

Pompeo meets Abu Dhabi Crown Prince, discusses Iran

The US secretary of state also held discussions with Saudis King Salman and Crown Prince Mohammed bin Salman

Saudi’s stock market falls for a fourth day on geopolitical concerns

Saudi’s index fell 0.8 per cent with nearly all its banks slipping

Pompeo meets Saudi King in Jeddah, discusses Iran crisis

Tensions between the US and Iran have escalated in recent weeks

Saudi Crown Prince to visit South Korea this week

The two countries are expected to sign agreements to promote cooperation in energy and public service

One dead, 21 wounded in Houthi attack on Saudi airport

A suspected drone reportedly hit the parking lot in Abha airport

China’s Silk Road Fund acquires 49% stake in Saudi’s ACWA Power unit

ACWA Power and Silk Road Fund have previously co-invested in two UAE-based projects

Saudi officially launches ‘green card’ residency scheme for expats

The Saudi cabinet approved the scheme last month, but the online portal to apply was only opened to the public on Sunday

Trump talks to Saudi Crown Prince on Iran, oil

Tensions with Iran prompted a rise in oil prices

Saudia shifts flights away from Gulf of Oman, Strait of Hormuz

Iran shot down a high-altitude, unmanned U.S. drone last week

Saudi Arabia says Iran has created “very grave” situation in the region

The kingdom is consulting with allies on next steps, says minister

Saudi Arabia issues tender to buy 900,000 tonnes of barley

Saudi Grains Organization (SAGO) is seeking shipment between August and October

Cinema operator Cinepolis to invest $300m in Saudi, open 63 new screens

The first cinema is slated to open in Lulu Mall, Dammam, at the end of this year