DUBAI (Reuters) – Saudi Arabia’s annual inflation rate was 2.7% in April, unchanged from the previous month, driven mostly by housing rental costs, government data released on Monday showed. Housing,…
By Yousef Saba and Rachna Uppal DUBAI (Reuters) – Lucid’s electric vehicles are often displayed prominently at public events and financial conferences in Saudi Arabia to symbolise its crown prince’s…
By Muyu Xu SINGAPORE (Reuters) – Saudi Aramco has told customers in North Asia they will receive full volumes of crude oil that they have requested in June, several sources…
WASHINGTON (Reuters) – U.S. national security adviser Jake Sullivan met Saudi Crown Prince Mohammed bin Salman during a visit to the kingdom on Sunday and reviewed what the White House…
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…
SARAH IDAN: Why Saudi Arabia’s Detente With Iran Isn’t A Good Thing Sarah Idan on April 28, 2023 On April 6, China hosted a historic reconciliation meeting in Beijing between…
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…
DAMASCUS (Reuters) -Syrian President Bashar al-Assad received Saudi Foreign Minister Prince Faisal bin Farhan in Damascus on Tuesday in the most significant step yet towards ending Syria’s decade-long regional isolation,…
DUBAI (Reuters) -Saudi Arabia on Monday released 104 detainees to Yemen, the International Committee of the Red Cross and a Saudi-led coalition said, in a unilateral move that follows simultaneous…
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…
Oil Prices Surge Following Saudi Surprise John Hugh DeMastri on April 3, 2023 Crude oil prices surged roughly 6% Monday morning following an unexpected Saudi-led decision by OPEC to slash…
By Aziz El Yaakoubi RIYADH (Reuters) – Saudi Arabia’s unpredictable crown prince is pushing hard to realign Middle East dynamics, engaging with old foes and orchestrating OPEC oil cuts like…
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…
BEIJING (Reuters) -China’s President Xi Jinping spoke by phone with Saudi Crown Prince Mohammed bin Salman Al Saud, discussing a wide range of subjects including supporting follow-up talks between Saudi…
By Rowena Edwards, Maha El Dahan and Ahmed Rasheed LONDON (Reuters) – Iraq’s oil output and capacity may peak following growth of around 25% over the next five years, analysts…
(Reuters) – Elon Musk, the billionaire founder of SpaceX, on Friday denied a media report from earlier this week that said investors from Saudi Arabia and the United Arab Emirates…
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…
(Reuters) – S&P Global on Friday raised its sovereign rating on Saudi Arabia to “A/A-1”, citing expected reform and diversification plans to boost development of the kingdom’s non-oil sector and…
‘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…
RIYADH (Reuters) – Decisions by OPEC+ are not politicised and are based on market fundamentals, Saudi Arabian energy minister Prince Abdulaziz bin Salman said on Monday, adding that the alliance…
By Aziz El Yaakoubi and Ghaida Ghantous RIYADH (Reuters) – The United States and Saudi Arabia are trying to move beyond a public spat last year that saw strategic ties…
By Yousef Saba DUBAI (Reuters) – Saudi Arabia’s sovereign Public Investment Fund held $30.9 billion worth of U.S. stocks at the end of 2022, down from $36.8 billion at the…
DUBAI (Reuters) – The International Monetary Fund (IMF) has revised its 2023 growth forecast for Saudi Arabia, the world’s top oil exporter, significantly downwards on the back of lower expected…
NEWARK, N.J. – A Saudi Arabian man was charged for transporting a stolen school bus across state lines, U.S. Attorney Philip R. Sellinger announced today. Bader Alzahrani, 22, of Saudi…
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…