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Saudi Crude Exports Up In January To 7.47m Bpd

Production was steady in January at 9.680 million bpd from 9.630 million bpd in December.

Stock News: Gulf Markets Drop As U.S. Oil Hits 6-Year Low

Dubai’s index fell 3.6 per cent by Wednesday’s close to a 10-week low of 3,408 points.

Saudi’s Savola Says Has All Approvals For Packaging Unit Sale

Takween in December agreed to buy the packaging unit of Savola, the region’s largest food firm for SAR910 million.

Saudi’s PetroRabigh Signs $5.2bn Financing For Expansion Scheme

The total cost of the project, known as Rabigh Phase II, is now estimated at SAR30 billion.

Saudi Arabia’s Index Slumps To Two-Week Low As Oil Extends Drop

Brent crude oil fell to around $54 a barrel on Monday, its lowest for more than a month.

GE To Invest $100m In Saudi Arabia

The conglomerate plans to boost its existing manufacturing facilities and improve R&D in the kingdom.

Saudi Prince Says Iran Deal Risks Nuclear Proliferation – BBC

Saudi Arabia sees Iran as its main regional rival and fears that an atomic deal would leave the door open to Tehran gaining a nuclear weapon.

Yemen Militia Leader Says Holding Indirect Talks With Saudi Arabia

It is the first known dialogue between the Shi’ite Muslim group and the neighbouring Sunni country since Houthis took over last year.

After Saudi Feud, Sweden Debates A “Feminist” Global Role

Sweden cancelled a defence cooperation accord with Saudi Arabia last week over rights concerns.

Oil Prices Stabilising, Will Continue To Firm Up – Saudi Adviser

Saudi oil adviser Ibrahim al-Muhanna said he was optimistic about crude oil demand growth, and expected future supply to be “healthy”.

U.S. Embassy In Saudi Arabia On Heightened Security

The embassy had warned last week that Western oil workers in Saudi Arabia may be the target of militant attacks in the coming days.

Saudi Kayan Petrochemical Extends Olefins Unit Shutdown

In a bourse filing, the company said repairing the fault was expected to be completed within 10 days.

U.S. Warns Of Possible Attacks On Western Oil Workers In Saudi Arabia

The message from the US did not identify the militants or the group they belong to.

Saudi Aramco Nears $10 bn Loan Deal At Tight Pricing – Sources

The cash replaces an existing $4 billion five-year loan due to mature later this year which Aramco uses as a back-up facility.

Saudi Twitter Whistleblower Returns After Account Suspension

The mysterious twitter user, who uses the handle @Mujtahidd, said he wants to expose corruption, injustice and hypocrisy.

Saudi Arabia Recalls Ambassador From Sweden In Diplomatic Row

Saudi Arabia said that the move was prompted by remarks by Swedish Foreign Minister Margot Wallstrom about the Kingdom’s regard for human rights.

Saudi Replaces Housing Minister After King Vows To Address Shortage

Shuwaish al-Duwaihi has been replaced by Essam bin Saeed as minister of state and member of the cabinet.

Saudi Arabia’s Takween Signs $347m Loan For Savola Packaging Buy

Takween in December agreed to buy the packaging unit of the region’s largest food firm Savola Group for SAR910 million.

Saudi’s Riyad Capital Predicts 25% Growth In AUM Over Several Years

The Riyadh-based firm currently manages about $8 billion in assets, largely in equities-related areas.

Iraqi Foreign Minister Dismisses Saudi Worries About Iranian Control

Saudi Arabia, the main regional rival of Shi’ite Iran, fears Tehran’s growing influence in Iraq, whose government is Shi’ite-led.

Sweden To End Defence Agreement With Saudi Arabia

The decision came after Saudi Arabia blocked a speech by Swedish Foreign Minister Margot Wallstrom at a meeting of the Arab League in Cairo.

King Salman Pledges To Maintain Stability, Create Jobs

In his first major public speech, the king vowed to create more private sector jobs and deal with all security challenges.

Human Rights Or Business? Saudi Defence Accord Sparks Storm In Sweden

Analysts say the Swedish government’s change of tack in foreign policy could jeopardise billions of dollars in sales, particularly for defence-related companies

Revealed: Top 10 Salaries In Saudi Arabia

Average salaries in Saudi Arabia rose seven per cent to reach $12,978.3 per month in the Gulf Business 2015 Salary Survey.

Saudi Kayan Names Abanmai As President

Abanmai has previously served in several executive posts at SABIC and its affiliates, a bourse filing said.

Saudi’s Safco Gains Regulatory Nod For $222.2m Bonus Share Issue

Safco will raise its capital from SAR3.33 billion to SAR4.16 billion ($888 million-$1.11 billion), according to a filing on the bourse website.

Oil, Gas Industry May Cancel $1trn Projects On Price Fall -Aramco

Aramco executive said that the $1 trillion figure included projects that might merely be delayed, not just those that could be cancelled outright.

Saudis Block Swedish Minister’s Speech At Arab League

The move comes after Sweden’s foreign minister criticised Saudi Arabia’s decision to punish blogger Raif Badawi.

Saudi Aramco Says Operating 212 Drilling Rigs, No Decision On Increase

Aramco deployed 210 oil and gas rigs in 2014, an exceptionally busy year, company sources had said.

Saudi Builder Khodari Says Rights Issue Proposal To Regulator By End-June

The builder announced it November it planned a SAR500 million rights issue to help expand its business.