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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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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 game for your mobile phone. The Saudi Arabian Federation for Electronic and Intellectual Sports
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Saudi Arabia to introduce new franchising laws
RIYADH: New franchise regulations designed to increase transparency and encourage entrepreneurs to invest are expected to be implemented in
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Attention, Dubai. This Saudi City Is Open For Business
Ronny Froehlich's voice echoed across the empty rooms as he walked through his company's new office in Riyadh. The German entrepreneur had
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Red Sea International Film Festival reveals poster for first-ever edition in Saudi Arabia
The Red Sea International Film Festival unveiled on Monday a poster for the very first edition of the new festival, scheduled to run between March 12
Read MoreSaudi desert art expo puts AlUla’s natural, cultural gems under global spotlight
RIYADH: A Saudi desert exhibition inspired by AlUla’s natural and historic surroundings has been taking the art world by storm. Desert X AlUla, the first site-responsive contemporary art display of its kind in the Kingdom, has brought
Read MoreSaudi Arabia wary of costly slow response as virus knocks oil
DUBAI: Saudi Arabia wants global oil producers to agree a quick oil supply cut as China's coronavirus knocks demand, aware that delays in the past led to costly price collapses, sources familiar with the kingdom's
Read MoreKardashian pal raises eyebrows brokering access to Saudi fund-WSJ
A close friend of the Kardashian clan has become a high-profile player in Saudi Arabia's investment scene, introducing companies to the kingdom's $300bn sovereign wealth fund and raising eyebrows over her rise to the highest echelon of
Read MoreSaudi Arabia encourages direct talks between Israel and Palestinians under US patronage
RIYADH: Saudi Arabia has encouraged Israel and the Palestinians to start direct peace negotiations overseen by the United States, after Donald Trump announced his long awaited peace plan. King Salman reassured the Kingdom's commitment to the
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