Saudi source gives more detail on crown prince’s dismissal
A source close to Saudi Arabia’s rulers has given further details of how Mohammed bin Nayef, the former crown prince, was summarily removed from his post last month. MbN, as Continue Reading
Iran skips opportunity to upset nuclear deal over U.S. sanctions: sources
Iran decided on Friday for the second time since January not to upset its nuclear pact with six world powers, two informed sources said, despite public statements by Tehran accusing Continue Reading
Saudi Arabia security agencies revamp sparks further intrigue
Saudi Arabia’s King Salman bin Abdulaziz has overhauled the kingdom’s security agencies, further concentrating power in the hands of the king and his son, the youthful crown prince Mohammed Bin Continue Reading
IMF: Saudi’s Oil GDP To Fall 2% On Back Of OPEC Cuts
The International Monetary Fund expects Saudi Arabia’s oil gross domestic product (GDP) to fall by 1.9 percent this year as the OPEC leader commits to implementing the bloc’s production cuts. Continue Reading
Could The Gulf Dispute Actually Help Iran?
The on-going diplomatic feud in the Persian Gulf pitting Qatar against a coalition of Arab states led by Saudi Arabia has already disrupted regional affairs to a significant extent: economic Continue Reading
Head of Dhi Qar Oil Company replaced
Oil Minister Jabbar al-Luiebi has replaced the director general of the Dhi Qar Oil Company (DQOC), a new state-run oil company that otherwise appears primed for realizing growth. Ali Warid Continue Reading
Saudi King Salman orders arrest of royal prince for assault
Authorities on Thursday announced an order from Saudi Arabia’s King Salman bin Abdulaziz to arrest a royal prince, on charges he assaulted at least four residents of Riyadh. Salman issued Continue Reading
Saudi king creates new security agency separate from interior ministry
Saudi King Salman on Thursday ordered the creation of a new cabinet-level security apparatus to handle a range of matters including counter-terrorism that were previously under the aegis of the Continue Reading
Qatar’s $300 billion conundrum: how liquid are its reserves?
When is $300 billion not enough? That question is key to Qatar’s future as some bankers and hedge funds speculate the super-rich state’s vast financial reserves may not be liquid Continue Reading
Three Years Into Cheap Oil, Gulf Is Still Depending on a Rebound
Low prices combined with output cuts are weighing on growth Isolation of Qatar has added to perception of regional risks Energy-rich Gulf Arab nations have scrambled to adjust to the Continue Reading