The cartel’s agreement hammered out in Vienna may put a floor under the price of crude, but Saudi Arabia has failed to destroy the US fracking industry Two years of wrangling were needed before Saudi Arabia and the rest of the Opec oil cartel could agree a cut in production at its meeting in Vienna last week. Show More Summary
RIYADH (Reuters) - Saudi Arabia said on Friday it had appointed Ali bin Nasser al-Ghafis as labor minister, replacing Mufrej al-Haqbani.
Earlier this week, a photographer posted a picture on Twitter of a woman going to eat breakfast. She was dressed fashionably, with a long jacket, long skirt, and sunglasses.The problem is that this was Saudi Arabia, and she wasn't covering her face and hair.
Not really surprising anyone, former Saudi Arabia oil inister Ali Al-Naimitold a forum in Washington that it "remains to be seen" if the OPEC deal is successful, noting that the "market is set to rebalance if everyone cuts production"...Show More Summary
Ties between Washington and Riyadh are at one of their lowest points in history. There is plenty of blame to go around for this outcome. The regional policies of President Barack Obama and Saudi Arabia’s King Salman simply did not align. Show More Summary
Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, announced today that Royal Inauguration Ceremony of King Salman Global Maritime Industries Complex was held at Ras Al-Khair, Saudi Arabia with the attendance of His Majesty King Salman bin Abdulaziz Al Saud on November 29.
A condition of the Obama administration’s release of Gitmo detainees to Saudi Arabia was that they enroll in a terrorist rehabilitation center,...
Women's rights continue to grow in Saudi Arabia. Continue reading Saudi prince says it's 'time for women to drive' Saudi prince says it's 'time for women to drive' originally appeared on Autoblog on Thu, 01 Dec 2016 16:20:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
Prince Alwaleed bin Talal broke from the narrative of his country when he called for an urgent end to Saudi Arabia's ban on women drivers. On Tuesday, the Prince was extremely forthcoming when he bluntly tweeted "Stop the debate: Time...Show More Summary
In what may soon emerge as the latest middle-east diplomatic scandal, not to mention roil the just concluded OPEC deal, Bloomberg reports that state-sponsored hackers have conducted a "series of destructive attacks on Saudi Arabia over...Show More Summary
Saudi Arabia has suffered a serious of "destructive" cyber attacks over the past few weeks, according to a Bloomberg News report. Saudi Arabia confirmed to Bloomberg that several government agencies have been targeted, including Saudi’s General Authority of Civil Aviation. Show More Summary
Saudi Arabia wrangled OPEC ministers into a tougher-than-expected oil production deal — a maneuver critical for its own long-term plans. Wednesday’s deal comes as Saudi Arabia is trying to remake its oil-dependent economy into one that is more diversified, under a plan it calls Vision 2030. A higher oil price would help boost revenues at […]
Republican senators introduce legislation to limit "Justice Against Sponsors of Terrorism Act."
The families of Sept. 11 victims are voicing their stern opposition to a proposed change to a new law that allows them to sue Saudi Arabia for its alleged backing … Click to Continue »
Saudi Arabia’s powerful deputy crown prince is a young man in a big hurry. Amid plunging oil prices, 31-year-old Mohammad bin Salman is furiously promoting a plan to wean his country off of the fossil fuel while getting more of its people to work. “This guy is all about change,” Saudi analyst Ahmad Al-Ibrahim told […]
Saudi Arabias energy minister Khalid al-Falih attends a meeting of the Organization of the Petroleum Exporting Countries, OPEC, at the OPEC headquarters in Vienna, Austria on November 30, 2016.OPEC sought to defy expectations and finalise a deal reducing its oil output for the first time in eight years, in an [...]
A Saudi-led OPEC reached an oil production cut agreement at its meeting in Vienna on Wednesday. Oil prices immediately spiked as a result. However, the deal will cut just 1.25 million barrels of oil per day from global supplies starting in January.
“It is the house of God and everyone should be allowed to come and see it."
Vienna - OPEC began on Wednesday debating a deal to curtail oil production and prop up the price of crude, with Iran and Iraq resisting pressure from Saudi Arabia to participate fully in any action. Ministers from the Organisation of...Show More Summary
International investigators have found a suspected "weapon pipeline" from Iran through Somalia to Yemen where Shiite rebels are battling the government, according to a report released on Wednesday. Saudi Arabia and the United States have accused Iran of arming the Huthi rebels in Yemen, but Tehran denies the charges. Show More Summary