A MISSILE fired at Saudi Arabia’s capital Riyadh was shot down moments before it hit a royal palace today. Saudi air defences intercepted a ballistic missile fired towards the city, Continue Reading
Saudi Aramco has appointed U.S. investment bank Citi to lead a $2 billion financing backed by Britain, sources familiar with the deal said. The loan mandate will not be particularly Continue Reading
RIYADH (Reuters) – Saudi Arabia’s King Salman approved 72 billion riyals ($19.2 billion) worth of measures to stimulate growth in the private sector as authorities seek to pull the economy Continue Reading
Saudi Aramco, the world’s largest oil producer, aims to regain its lost market share after the OPEC-led supply-cut pact ends and plans to push ahead with a downstream expansion strategy Continue Reading
Saudi Arabia will begin cash transfers to low- and middle-income citizens this month, part of efforts to cushion the blow for families as the kingdom overhauls its oil-dependent economy. Monthly Continue Reading
Saudi Arabia plans to raise domestic gasoline and jet fuel prices in January, part of a program to gradually eliminate energy subsidies as the kingdom seeks to overhaul its economy Continue Reading
Saudi Aramco ] signed on Wednesday agreements with foreign and local companies worth at least 39 billion riyals (8 billion pounds). The bulk of the memorandum of understanding agreements were Continue Reading
Saudi Arabia will cut its crude oil exports to Asia by more than 100,000 bpd in January compared to December, while keeping its shipments to Europe and the U.S. at Continue Reading
It will be a lot easier for Saudis to see films on the big screen now the theater ban has been lifted. DUBAI—Saudi Arabia Monday lifted a decades-old ban on Continue Reading
Heavyweight firms London will be accompanying the City of London’s lord mayor on his trip to Saudi Arabia this coming weekend, as Saudi officials have yet to announce which would Continue Reading
