Trouble Is Brewing In The House Of Saud
Saudi women being allowed to drive is a smokescreen – Salafi-jihadism is alive and well inside the Kingdom. What’s more, another coup may be along shortly … Suddenly, the ideological Continue Reading
Saudis Lead Gulf Movement To Diversify Away From Oil
With the Saudi Aramco initial public offering set to debut on international markets in 2018, the oil world is watching closely as the OPEC leader transforms its economy under Crown Continue Reading
Aramco listing reshapes Saudi Arabia’s OPEC oil policy
Saudi Arabia’s plans to float state oil titan Aramco are prompting the country to think the unthinkable. Late last year, Saudi Arabia tried to get fellow oil producers around the Continue Reading
Saudis Raise $12.5B To Plug Budget Deficit From Low Oil Prices
Saudi Arabia said on Thursday that it had issued US$12.5 billion in three tranches of notes, the second issue under its Global Medium-Term Note program, as the desert Kingdom desperately Continue Reading
Saudi reverse on women drivers propelled by economics
Over the years Saudi officials became so accustomed to being asked by foreign dignitaries and journalists when women would be allowed to drive that they developed increasingly tortuous excuses. They Continue Reading
Saudi Arabia’s Mega Bond Sale Sets Clock Ticking on Change
Saudi Arabia has set out an extraordinarily ambitious plan to transform its economy and reduce its huge reliance on oil. Saudi Arabia has been forced by the collapse of oil Continue Reading
Saudi king issues decree allowing women to drive: state media
Saudi King Salman on Tuesday ordered that women be allowed to drive cars, state media said, ending the conservative Islamic kingdom’s status as the only country where that is forbidden. Continue Reading
Saudi Aramco to venture into non-Saudi crude oil trading: sources
Saudi Aramco’s trading arm will start trading non-Saudi crude oil to mainly feed its international joint ventures as the world’s largest oil exporter seeks to optimize profits, industry sources familiar Continue Reading
Russia And Saudi Arabia Are Becoming Unlikely Allies
Five years ago, the idea of OPEC and Russia working together on any oil and gas issue would have seemed absurd to any energy analyst worth his or her salt. Continue Reading
The ‘new’ Saudi Arabia is still a dungeon
ONCE AGAIN, news from Saudi Arabia points toward the old thinking and not the modern society promised by the new crown prince, Mohammed bin Salman. Despite the lofty rhetoric of Continue Reading