Saudi Arabia: no Israel ties without recognition of Palestinian state
RIYADH (Reuters) -Saudi Arabia has told the United States it will not open diplomatic relations with Israel unless an independent Palestinian state is recognised on 1967 borders with East Jerusalem as its…
Saudi Arabia offers tax breaks for companies moving regional HQs to Riyadh
RIYADH (Reuters) – Saudi Arabia said on Tuesday it will offer tax incentives for foreign companies that locate their regional headquarters in the kingdom, including a 30-year exemption for corporate income tax.…
Saudi Arabia, other Arab states reaffirm commitment to voluntary oil production adjustments
(Reuters) – Bahrain, Iraq, Kuwait, Oman, Saudi Arabia and the United Arab Emirates reaffirmed their commitment to “collective and individual voluntary adjustments” to oil production, the Saudi state news agency said on…
Saudi Arabia to tap international debt markets as deficits return
By Aziz El Yaakoubi and Pesha Magid RIYADH (Reuters) – Saudi Arabia is expected to tap the international debt markets to finance a projected budget deficit in 2023-2024, the finance ministry said,…
Lucid opens first international EV factory in Saudi Arabia
(Reuters) – Electric-vehicle maker Lucid Group said on Wednesday it had opened its first international manufacturing plant in Saudi Arabia’s Jeddah city, under a deal designed to further the Middle Eastern country’s…
Israeli delegation attends UNESCO gathering in Saudi Arabia
RIYADH (Reuters) – An Israeli delegation on Monday attended a meeting by the United Nations’ cultural agency in Riyadh, in another sign that Saudi Arabia is opening up to Israel with Washington…
US, Saudi Arabia in talks to secure metals in Africa – WSJ
(Reuters) – The United States and Saudi Arabia are in talks to secure metals in Africa needed to help them with their energy transitions, the Wall Street Journal reported on Sunday, citing…
Pakistan’s interim PM says Saudi Arabia to invest $25 billion over next five years
By Gibran Naiyyar Peshimam ISLAMABAD (Reuters) – Saudi Arabia will invest up to $25 billion in Pakistan over the next two to five years in various sectors, Pakistan’s caretaker Prime Minister Anwaar-ul-Haq…
China sees Iran-Saudi Arabia relations improving – foreign ministry
BEIJING (Reuters) – After China’s dialogue with Iran and Saudi Arabia, both countries have continued to take steps to improve relations, leading to the formation of a “wave of reconciliation” in the…
SHOSHANA BRYEN: The Biden Admin Should Stay Out Of Israel’s Talks With Saudi Arabia
SHOSHANA BRYEN: The Biden Admin Should Stay Out Of Israel’s Talks With Saudi Arabia Shoshana Bryen on August 14, 2023 The brilliance of the Abraham Accords of 2020 is twofold: they were…
Saudi Arabia detains relatives of US citizen over lawsuit, rights groups say
By Aziz El Yaakoubi RIYADH (Reuters) -Saudi Arabian authorities have detained five relatives of a U.S. citizen, rights groups said on Wednesday, arguing that the detentions were retaliation for his family’s failed…
Aramco, TotalEnergies sign $11 billion contract to build petrochemicals complex in Saudi Arabia
(Reuters) – Saudi Arabian Oil Company (Aramco) and TotalEnergies have signed an $11 billion contract to start building a new petrochemicals complex in Saudi Arabia, the two companies said in a joint…
BlackRock sees strong demand for infrastructure investments in Saudi Arabia
NEW YORK (Reuters) – BlackRock sees strong demand from its global clients for infrastructure investments in Saudi Arabia, Rachel Lord, Head of APAC at the asset manager, said on Wednesday. Speaking at…
Saudi Arabia Inks Multi-Billion Dollar Deal With China As Kingdom Seeks To ‘Collaborate’ With CCP
Saudi Arabia Inks Multi-Billion Dollar Deal With China As Kingdom Seeks To ‘Collaborate’ With CCP Philip Lenczycki on June 12, 2023 The Saudi Arabian government announced its intention to “collaborate” with the…
Israel hoping for breakthrough with Saudis during US security advisor visit -official
JERUSALEM (Reuters) -Israel is hoping for a breakthrough this weekend in efforts to normalize ties with Saudi Arabia during White House national security adviser Jake Sullivan’s visit there, a senior security official…
Israel’s foreign minister says visit to Saudi Arabia ‘on the table’
JERUSALEM (Reuters) – Israel’s Foreign Minister Eli Cohen on Wednesday held out the prospect of a visit in the future to Saudi Arabia, and said at least one more Arab country would…
DAVID BLACKMON: Saudi Arabia Could Cash In On Democrats’ Climate Cash
DAVID BLACKMON: Saudi Arabia Could Cash In On Democrats’ Climate Cash David Blackmon on April 3, 2023 As the ongoing “energy transition” progresses, hydrogen has once again become a trendy topic of…
Saudi Arabia to invite Syria’s Assad to Arab leaders summit
By Aziz El Yaakoubi and Maya Gebeily RIYADH/BEIRUT (Reuters) – Saudi Arabia is planning to invite Syrian President Bashar al-Assad to an Arab League summit that Riyadh is hosting in May, three…
Saudi Arabia Frees American Citizen Jailed For Criticizing Crown Prince
Saudi Arabia Frees American Citizen Jailed For Criticizing Crown Prince Trevor Schakohl on March 21, 2023 Dual U.S.-Saudi citizen Saad Almadi was released from Saudi prison Monday and reportedly had all his…
‘Deeply Unserious’: California Could Start Importing ‘Green’ Fuel From Saudi Arabia
‘Deeply Unserious’: California Could Start Importing ‘Green’ Fuel From Saudi Arabia Trevor Schakohl on March 14, 2023 A major gas company is considering importing so-called “green” hydrogen to California from Saudi Arabia…
China foreign minister seeks stronger economic ties with Saudi Arabia
BEIJING (Reuters) – China’s new foreign minister Qin Gang wants to build stronger ties with Saudi Arabia and set up a China-Gulf free trade zone “as soon as possible”, according to a…
Ex-Twitter worker gets 3-1/2-year U.S. prison term for spying for Saudi Arabia
By Paresh Dave OAKLAND, Calif. (Reuters) -A former Twitter Inc manager convicted of spying for Saudi Arabia by sharing user data several years ago and potentially exposing users to persecution was sentenced…
Pakistan hopes to finalise talks with Saudi Arabia on financial help soon
ISLAMABAD (Reuters) -Pakistan is hoping to conclude talks with Saudi Arabia soon on financial help for the South Asian nation, Pakistan’s Finance Minister Ishaq Dar said on Monday. Dar also told a…
Saudi Arabia signs MoU with China’s Huawei -statement
CAIRO (Reuters) – Saudi Arabia signed a memorandum of understanding with China’s Huawei Technologies on Thursday on cloud computing and building high-tech complexes in Saudi cities, the government communication office said in…
Saudi Arabia, China sign MoUs on hydrogen – state news agency
DUBAI (Reuters) – Saudi Arabia and China have signed memorandums of understanding on hydrogen energy and the encouragement of direct investment between the two states, state news agency (SPA) said on Thursday,…
Saudi Arabia to host China-Arab summit during Xi visit, sources say
By Aziz El Yaakoubi and Julie Zhu RIYADH/HONG KONG (Reuters) – Saudi Arabia plans to host a Chinese-Arab summit on Dec. 9 attended by Chinese President Xi Jinping during his visit to…
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