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Saudi Arabia may slash April oil prices to Asia by most since 2012
Top oil exporter Saudi Arabia is expected to make the deepest cuts to its monthly official selling prices (OSP) to Asia since 2012, tracking declines in Middle East benchmarks and weak refining margins as the coronavirus outbreak has cut
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Saudis put on brave face as coronavirus roils oil markets
The coronavirus outbreak has been pressuring oil prices for weeks as Saudi Arabia-led OPEC and other oil producers try to gauge how the widening outbreak could affect global energy demand. Tuesday saw even more
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Saudi, Egypt, Bahrain to resume Qatar post services despite dispute
Saudi Arabia, Egypt and Bahrain have agreed to resume postal services to Qatar almost three years after they were stopped due to a political dispute, the United Nations said , Reuters reports. The announcement follows a meeting last
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IHS Markit and Tadawul launch Saudi government Sukuk index
The Saudi Stock Exchange (Tadawul) has partnered with IHS Markit for the launch of an index tracking the performance of Arabic government bonds named
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Traditional Saudi game jumps to the digital world
RIYADH: Baloot, a card game similar to bridge, has developed from a traditional game — usually played at family gatherings — to an online
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A Bernie Sanders presidency could be a nightmare for Saudi Arabia
Picture for a moment Senator Bernie Sanders winning the US presidential election this November and then heading to a scheduled meeting next
Read MoreNew Jeddah airport soaring above the competition
The director general of the Airports Council International (ACI) Asia-Pacific Board, Stefano Baronci, said the new King Abdul Aziz International Airport in Jeddah is expected be a leader in the region. He said that the airport is
Read MoreSaudi falconry festival takes off in Hafr Al-Batin
The Hafr Al-Batin Falcon Festival kicked off on Thursday under the patronage of the Saudi Falcons Club. The organizing committee divided the 10-day festival into two phases. The first starts with the festival launch and features more than
Read MoreStart of Construction at the Dammam West ISTP Project Site Marks the Next Stage of Development for this Benchmark Project
Today marks the start of construction at the first Independent Sewage Treatment Plant Project (ISTP) in the Kingdom of Saudi Arabia in Dammam West. The Notice to Proceed (NTP) allowing the contractors to mobilise and start construction on site has
Read MoreFour Saudi students to compete at international science and engineering fair
RIYADH: Four Saudi students will represent the Kingdom at a major international science and engineering fair in the US later this year. The four women from Jeddah were winners at the Kingdom’s National Olympiad for Scientific Creativity.
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