Saudi Arabia has shortlisted New York, London, and Hong Kong for the initial public offering of its oil giant Aramco, with the three exchanges considered either singly or a combination Continue Reading
Arwa Alneami wanted to be an artist ever since she was a child. But growing up in the conservative region of Asir, she was constrained by a rigid strain of Continue Reading
Satellite imagery of two of Saudi Arabia’s largest oil refineries suggests the kingdom may have underreported its oil stores in the first half of 2017. Satellite images gathered by the Continue Reading
U.S. investment banking giants Goldman Sachs and Citi are lined up to lead the initial public offering (IPO) of part of Saudi Aramco, according to reports. The Saudi state-owned oil Continue Reading
Saudi Aramco has cut the price of Arab Light for the U.S. market further for February despite shipping record-low amounts to its biggest customer. U.S. refiners will receive Arab Light Continue Reading
Top oil exporter Saudi Arabia is expected to keep the February price for Arab Light crude steady, close to the highest in more than three years, while lowering prices for Continue Reading
Saudi Arabia was set to raise local gasoline prices on Monday, state news agency SPA reported. The initiative, aimed at more efficient energy use, coincides with an ambitious reform plan Continue Reading
Crown Prince Muhammad bin Salman is solidifying his position and changes to the foreign policy of Saudi Arabia. His main objective is the forceful consolidation of the Arab camp against Continue Reading
Saudi Arabia in 2017 laid the groundwork for momentous change next year, defying its conservative reputation for slow, cautious reforms by announcing plans to let women drive, allow movie theaters Continue Reading
Former Saudi Finance Minister Ibrahim al-Assaf, shown in 2013, was among those released in the past week. The Saudi government in recent days has released at least two dozen high-profile Continue Reading
