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Wednesday, June 19, 2019

Tag: Saudi Arabia

Saudi Arabia tests appetite for potential Euro bond sale

Saudi Arabia has been tapping the global bond market to help finance its budget deficit after a drop in oil prices.

Saudi Arabia hopes to extend OPEC+ production cuts by early July

Saudi Arabia is seeking to balance global oil markets before 2020.

Saudi Arabia committed to Aramco IPO

Saudi Arabia plans to sell up to 5% of the world's largest energy firm and hopes to raise up to US$100 billion.

Foreigners bolster Saudi stocks as tension in the region mounts

Rising tensions in the Gulf region aren’t stopping foreign investors from supporting Saudi Arabian stocks, just four years after funds from abroad were first allowed to trade directly in Riyadh.

Saudi crown prince accuses Iran of twin tanker attacks

Saudi Crown Prince Mohammed bin Salman accuses rival Iran of attacks on two oil tankers in a vital Gulf shipping channel, adding he 'won't hesitate' to tackle any threats to the kingdom.

Saudi Arabia seeks to balance global crude markets before 2020

Saudi Arabia and its allies are expected to extend output cuts into the second half of this year, despite growing tension within the group.

Mecca Clock turns into tourist draw

The Clock Tower Museum is filled with models and structures on astronomy and galaxies, as Saudi authorities aim to lure more Muslim tourists to the country.

Yemen’s Houthis, in tit-for-tat, launch fresh attacks against Saudi Abha airport

The Houthis have stepped up missile and drone attacks against Saudi cities as tensions have risen between Iran and Gulf Arab states allied with the United States.

Yemen rebel attack wounds 26 at Saudi airport

Yemen's Houthi rebels have stepped up missile and drone attacks across the border in recent weeks.

Senators seek to block Trump’s arms sales to Saudis

US senators move to block President Donald Trump's plan to sell US$8.1 billion in arms to Saudi Arabia and other Arab allies as lawmakers' frustration with the kingdom soars.

Trump approved Saudi nuclear transfers after Khashoggi killing

The approvals are part of seven occasions starting in December 2017 in which the administration gave the go-ahead to such transfers.

Qatar: Seeking ways out of isolation

Qatar says its Gulf neighbours want to put it under their 'guardianship' and strangle it economically.

Qatar rejects Mecca talks outcome

Qatar's foreign minister says that Doha rejected the outcome of the recent Mecca talks on mounting regional tensions with Iran as it had not been properly consulted.

Saudi Arabia’s central bank warns global slowdown may hit growth

The main risk for the Saudi economy comes from its exposure to the global oil market.

Saudi king says attacks by Iran-backed groups threaten global oil

King Salman says the attacks on Saudi oil pumping stations not only threatens the security of the kingdom and the Gulf, but also maritime safety and global oil supplies.

Saudi Arabia says firm stand needed to deter Iran

King Salman says the absence of a firm deterrent stance against Iranian behaviour is what led to the escalation we see today.

Arab, Muslim leaders gather in Mecca for Iran-focused summits

Saudi Arabia is hosting the three summits in an apparent bid to present a unified front against Tehran.

Qatar to send most senior official to Saudi Arabia since rift

Qatar’s Prime Minister Sheikh Abdullah Bin Nasser Al Thani prepares to attend a summit in Saudi Arabia in the highest-level visit since the oil-exporting kingdom and its allies imposed an embargo on their neighbor two years ago.

Saudi cleric calls mosque segregation ‘phobia of women’

A prominent Saudi cleric makes the case for breaking down a major taboo in the kingdom, where social mores are evolving rapidly under 33-year-old Crown Prince Mohammad bin Salman.

Qatar’s Emir receives invitation from Saudi King to attend summits

Will Qatar's Emir Sheikh Tamim bin Hamad al-Thani accept the invitation of Saudi Arabia's King Salman to attend the summits in Mecca on May 30?

Yemen’s Houthis say they attacked Saudi’s Najran airport by drone

The Houthi's claim of a drone attack at Najran Airport as tensions between Yemen and Iran against Saudi Arabia escalates.

Trump may use Iran threat to sell bombs to Saudis without...

It is not immediately clear what equipment would be sold to Saudi Arabia or when any sale might go ahead.

Qatar not invited to emergency Arab summits in Saudi Arabia

Qatar will not be attending a regional summit to discuss attacks on Saudi's oil assets as the gulf nation is accused for supporting terrorism and supporting Arabic foe Iran.

Saudi minister in favour of reducing oil inventories

Al-Falih says OPEC will be able to reach the best decision on output when they will have more data in their next meeting in June.