Breaking News
The head of Saudi Aramco said Monday he was optimistic that the global demand for oil was growing as the worst of the coronavirus pandemic "might be behind us".
Comment: As the UAE moves out of Saudi Arabia's shadow, its developing ties with Iran are not as surprising as some might suggest, writes Jonathan Fenton-Harvey.
Saudi Aramco profits dive 73% following oil price slump
Saudi Arabia's national oil company has announced a huge quarterly loss in profits, due to low oil prices and reduced demand
Yemen's Houthis down 'US spy drone' near Saudi border
A US spy drone was downed by Yemen's Houthis near the border with Saudi Arabia, the rebels said on Sunday.
Saudi officer arrested for patrolling Mecca streets on camel
Saudi police were quick to arrest a security officer for patrolling the streets of Mecca on a camel, videos circulating online showed.
Saudi Arabia considering income tax and asset sales
Saudi Arabia has suffered from low oil prices and the coronavirus epidemic.
Houthis have 'bank of targets' in Saudi, UAE, Israel
Abdullah Yahya Al-Hakim, chief of Houthis' intelligence and reconnaissance body, said the rebel group has a bank of vital targets in Saudi ...
Yemen's Houthis claim strike on Saudi oil facility
A coronavirus ceasefire for Yemen has broken apart.
China and Iran's strategic partnership: A zero sum game?
Analysis: China and Iran's bilateral relationship is gaining strategic significance.
Missiles used to attack Saudi Arabia were Iranian –UN
A new report by UN Secretary-General Antonio Guterres says that missiles used for devastating strikes on Saudi oil facilities and an airport ...
Taking stock of the anti-Qatar blockade three years later
As the Gulf crisis enters its fourth year, fake news and hostile narratives run rife in the region hindering attempts to salvage the GCC's ...
Saudi Vision 2030 takes $8bn cut as austerity bites
Saudi Arabia's much-hyped modernisation programme has taken a substantial funding cut as the kingdom's finances suffer from the ...
Saudi Aramco posts 25 percent slump in profits
The world's largest listed firm posted a net profit of 62.5 billion riyals ($16.66 billion) in the three months to March, compared to $22.2 ...
The Middle East at war with coronavirus
In today's roundup: Iran re-opening mosques, free flights for healthcare workers, Gulf states reaching out to Israel, a new lockdown for Lebanon ...
Saudi slashes another million barrels from daily oil output
The Kingdom has asked oil giant Aramco to cut its output by an additional one million barrels per day, starting in June.
Saudi markets reel after tripling of VAT
Monday’s austerity measures are valued at around 100 billion royals ($26.6 billion).
Saudi chemical giant SABIC posts another loss
SABIC, one of the world's largest chemical firms, said it made a loss of 950 million riyals ($253 million) in the first quarter of 2020.
Oil prices, coronavirus could lead to Saudi austerity drive
Saudis may have to tighten their belts as low oil prices and coronavirus lockdowns hit.
Trump to 'look at' halting incoming Saudi oil shipments
During a press briefing, US President Donald Trump said he would consider stopping Saudi Arabian oil imports, adding the US has "plenty of oil".
Saudi Aramco will supply 8.5m barrels per day
The drop comes following a vicious price war between Saudi Arabia's state oil company and Russia.
Saudi police bust illegal hand sanitiser factory, arrests workers
Saudi Arabia's ministry of commerce busted an illegal hand sanitiser factory on Tuesday.
Saudi Arabia's faltering divide and rule strategy in Yemen
While seeking to keep Yemen weak and divided, yet with no real long-term plan for its political future, Saudi Arabia has inadvertently limited ...
Coronavirus pandemic halts work on Saudi futuristic city NEOM
Saudi Arabia had big plans for its flagship megaproject NEOM, but the science fiction-like idea has drifted further from reality amid the ...
Yemen in Focus: UN's lax approach 'emboldens Houthi violence'
This week we focus on the response to an uptick in Houthi violence, the release of hundreds of prisoners, and more.
Oil prices have plunged further as global consumption shrinks.
Saudi Aramco has given its first earnings announcement as a listed company.
OPEC has predicted a year-long slump as coronavirus continues to affect global markets.
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