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Yemen's Houthi rebels have claimed responsibility for an alleged drone attack on 'sensitive and important' targets in Riyadh.

Saudi Arabia has revealed plans to plant billions of trees as part of a campaign to tackle climate change.

Famine, secession and bloodshed: Six years of Yemen war

The New Arab Staff

Famine, secession and bloodshed: Six years of Yemen war

Six years after Saudi Arabia intervened in Yemen against the Houthis, the conflict is as brutal as ever and has become the world's worst humanitarian crisis.

Saudi Arabia launches military drills after Houthi attacks

The New Arab Staff & Agencies

Saudi Arabia launches military drills after Houthi attacks

The drills follow Saudi-led coalition strikes on Houthi targets in Yemen's capital, Sanaa.

Saudi <em>Aramco</em> reports 30% drop in payments to state

The New Arab Staff & Agencies

Saudi Aramco reports 30% drop in payments to state

Saudi Arabia's Aramco paid 30 percent less in taxes to the Saudi government than in 2020 amidst a prices crisis on oil mainly due to ...

The New Arab Staff & Agencies

Saudi Aramco 2020 profits slump on lower crude prices

Saudi oil company Aramco lost 44.4% of net profit in 2020 because of lower prices due to the coronavirus pandemic.

The New Arab Staff & Agencies

Saudi coalition strikes advancing Yemen rebels

The move came after a drone strike sparked a fire at a Riyadh oil refinery Friday.

The New Arab Staff & Agencies

US condemns Houthi attack on Saudi refinery

The dawn attack is the second major assault this month on Saudi energy installations.

The New Arab Staff & Agencies

Houthis claim drone attack on Saudi Arabia's Aramco

The Houthis have claimed a drone attack on an Aramco oil refinery in the Saudi city of Riyadh

Oil prices drop despite fears over Saudi missile attacks

The New Arab Staff

Oil prices drop despite fears over Saudi missile attacks

Oil prices spiked after a suspected Iranian attack on Saudi oil facilities over the weekend.

The New Arab Staff & Agencies

Oil prices surge after attack on Saudi oil site

Brent crude, the international standard, surpassed $70 per oil barrel for the first time in over a year following strikes on major oil ...

US Senator blames Biden for Saudi energy attacks

The New Arab Staff

US Senator blames Biden for Saudi energy attacks

Renewed attacks on Saudi's energy facilities is bringing the kingdom into global focus.

Yemen's Houthi rebels claim missile hits Saudi oil facility

The New Arab Staff & Agencies

Yemen's Houthi rebels claim missile hits Saudi oil facility

A Houthi military spokesman tweeted an image that matched Aramco's North Jeddah Bulk Plant, saying the rebels had fired a new Quds-2 cruise ...

<em>Aramco</em> seeks extension on $10 billion loan: sources

The New Arab Staff

Aramco seeks extension on $10 billion loan: sources

Aramco asks banks to extend by a year a $10 billion loan it raised last May, suggesting that rebounding crude prices are not pushing ...

Ex-Saudi oil minister Ahmed Zaki Yamani dies at 90

The New Arab Staff & Agencies

Ex-Saudi oil minister Ahmed Zaki Yamani dies at 90

Known for his Western-style business suits and soft-spoken, measured tones, Ahmed Zaki Yamani helped Saudi Arabia command a dominating presence ...

The New Arab Staff

Sports in Middle East 'fastest growing in the world'

New survey by consulting company listed the trends and possibilities for the sports market in the Middle East.

Kamal Afzali

GCC chief in Baghdad amid Saudi-Iran backchannel negotiations

The GCC’s chief unannounced visit to Baghdad, where pro-Tehran factions dominate, came amid a report that Saudi Arabia and arch-rival Iran have ...

The New Arab Staff & Agencies

Saudi will sell more shares of energy giant Aramco

The Saudi Crown Prince has revealed that more Aramco shares are up for grabs after the company went public in 2019.

The New Arab Staff

Saudi Aramco understating emissions by as much as 50%

A new report finds the state-owned oil giant has omitted emissions data in disclosures to investors, making its carbon footprint worse than ...

Saudi Arabia reshuffles $360 billion sovereign wealth fund's management

The New Arab Staff

Saudi Arabia reshuffles $360 billion sovereign wealth fund's management

Riyadh's reshuffle at the PIF comes as the $360 billion fund looks set to dramatically increase domestic spending.

The New Arab Staff & Agencies

Saudi Arabia plans spending cuts to trim deficit

Saudi Arabia has been grappling with a budget deficit since oil prices first plunged in 2014.

Explosion rocks Singapore-flagged tanker off Saudi port

The New Arab Staff & Agencies

Explosion rocks Singapore-flagged tanker off Saudi port

The Singapore-flagged oil tanker BW Rhine was targeted in an attack off the Saudi port city of Jeddah on Monday.

Explosion strikes tanker off Saudi port: maritime sources

The New Arab Staff & Agencies

Explosion strikes tanker off Saudi port: maritime sources

An explosion struck a tanker off the Saudi port city of Jeddah, maritime sources said on Monday, without elaborating on the cause.

OPEC+ seeks compromise on output cut extension

The New Arab Staff

OPEC+ seeks compromise on output cut extension

Producers, including Saudi Arabia and Russia, disagree on whether to extend oil production cuts into next year.

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