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Saudi Arabia Burns Through Foreign Reserves As Oil Prices Tank

Saudi Arabia is burning through its foreign reserves, likely in US dollars, as the Kingdom's oil revenue continues to decline. The Saudis are also suffering from a record budget deficit, reaching nearly $100 billion last year. In October, the Saudis will seek to raise $10 billion in an international bond sale to offset budget deficits.

US Defense Giant General Dynamics to Sell More Bomb Components to Saudis

US aersopace contractor General Dynamics won a deal worth nearly $40 million to sell thousands of additional MK82 bomb parts to Saudi Arabia and three other countries, the Department of Defense said in a press release.

Microsoft's Bing got in trouble after it translated the Arabic word for 'ISIS' to 'Saudi Arabia'

Microsoft was forced to apologize after it came out that if you asked Bing to translate "Daesh," the Arabic word for ISIS, it would come back with "Saudi Arabia" in English. Needless to say, Saudi Arabians weren't happy with the implications...Show More Summary

More ugly warning signs are popping up in Saudi Arabia

A bunch of warning signs have been bubbling up in Saudi Arabia's economy over the past few months. The Saudi economy grew at just 1.5% in the first quarter compared to the prior year, its slowest rate since 2013. And while the oil sector...Show More Summary

Microsoft apologizes after incorrect Bing translation of 'Daesh'

9 hours agoNews : NY Daily News

Microsoft's reputation in Saudi Arabia got lost in translation.

Russia's Rosatom Ready to Help Saudi Arabia Build Nuclear Reactors

Russian presidential aide stated that Russia's Rosatom State Nuclear Energy Corporation is ready to join a project on construction of nuclear power reactors in Saudi Arabia.

Bing's Translator Accidentally Confuses ISIS and Saudi Arabia

9 hours agoTechnology / Gadgets : Gizmodo

Bing, Microsoft’s version of Google, just learned the hard way that fucking up your translation service is a bad way to win friends on the internet. Read more...

Saudi Arabia signs initial deals with China on prince's visit

DUBAI (Reuters) - Saudi Arabia signed 15 preliminary agreements with China on Tuesday in sectors from energy to housing on a trip headed by Deputy Crown Prince Mohammed bin Salman aimed at bolstering relations with a top energy customer and trade partner.

Norway Raids Sovereign Wealth Fund To Cover Government Expenses

Saudi Arabia isn't the only oil-dependent nation struggling to make ends meet in the wake of weak oil prices. For the first time since its establishment in 1996, the Norwegian government is starting to withdraw money from its sovereign wealth fund to cover government expenses. Show More Summary

US Lawmakers Call on Obama to Delay Arms Sales to Saudi Arabia

60 US lawmakers urge President Barack Obama to postpone the sale of $1.15 billion worth of arms and ammunition to Saudi Arabia, local media reported.

Sorry! Bing Translates 'Daesh' as 'Saudi Arabia,' Infuriates the Kingdom

A bizarre error in a Microsoft search engine algorithm has outraged the Saudi Arabian monarchy.

60 Lawmakers Seek Delay of Billion Dollar Arms Sale to Saudi Arabia

In a sign that frustration is growing in Congress over Saudi Arabia, a bipartisan group of 60 lawmakers have signed a letter seeking to delay the Obama administration’s planned sale of $1.15 billion in arms and military equipment to Riyadh.

‘Everything that we have done since 9/11 is wrong’ — the worldview of Major Todd Pierce (Retired)

Guantanamo defense lawyer Todd Pierce was an army computer technician when he witnessed the U.S. implant itself in Saudi Arabia in 1990, and an Army lawyer when he saw the hysteria following 9/11. He says Americans have no idea why Arabs...Show More Summary

Rockets hit Saudi border town as Yemen war flares anew

NAJRAN, Saudi Arabia (Reuters) - Yemeni Houthi forces are again firing rockets at this corner of southern Saudi Arabia, ending a lull of several weeks and complicating efforts to revive talks on ending Yemen's 18-month-old civil war...

Riyadh Reportedly Orders Closure of Controversial Saudi Schools in Germany

The Kingdom of Saudi Arabia has stopped the construction of several religious and education institutions in Germany, Tagesspiegel reported on Sunday.

US, Saudi Arabia 'Have No Right to Decide the Fate of Yemen'

US Secretary of State John Kerry recently announced that he was ‘deeply troubled’ by photographs shown to him by Saudi Crown Prince Muhammad bin Nayef, which allegedly show missiles shipped from Iran that are now being deployed at the Yemeni-Saudi border.

YEMEN REBELS FIRE BALLISTIC MISSILES AT SAUDI ARABIA: The missiles are battlefield missiles the rebe…

YEMEN REBELS FIRE BALLISTIC MISSILES AT SAUDI ARABIA: The missiles are battlefield missiles the rebels captured from Yemen government stocks. Excerpt: The Saudis know they are vulnerable to one of those rebel ballistic missiles hitting a major oil facility. That would be a major blow to Arab resolve because this is the threat Iran has […]

Suicide attack kills 45 pro-government troops in Yemen

A suicide attacker set off a massive car bomb in Yemen's southern city of Aden on Monday, killing at least 45 pro-government troops who had been preparing to travel to Saudi Arabia to fight Houthi rebels in Yemen's north, officials said. The men were at a staging area near two schools and a mosque...

Suicide attack kills 45 pro-government troops in Yemen

A suicide attacker set off a massive car bomb in Yemen's southern city of Aden on Monday, killing at least 45 pro-government troops who had been preparing to travel to Saudi Arabia to fight Houthi rebels in Yemen's north, officials said. The men were at a staging area near two schools and a mosque...

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