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Opinion: Aramco Comes Out to Play on an Empty Playground

According to Khalid Al-Falih, Saudi Arabia’s energy and industry minister and chairman of Saudi Arabian Oil Co., “the world is going to be Saudi...
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Saudi Wealth Fund Plans San Francisco Office in Tech Push

Saudi Arabia’s sovereign wealth fund is following its peers in Abu Dhabi and Qatar by opening an office in the U.S. tech hub of...
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Saudi King Approves $3.1 Billion Plan to Ease Expat Fee Costs

Saudi Arabia’s King Salman has approved a plan to ease levies businesses pay on foreign workers to help revive economic growth. Authorities will exempt some...
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Yanni Returns to Saudi Arabia With a Dazzling Performance at Historic...

Grammy Award-winning composer Yanni – one of the first international music stars to perform in Saudi Arabia in recent years – dazzled a packed...
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Saudi Arabia Collects $107 Billion as Prince Unwinds Crackdown

The Saudi anti-corruption commission headed by Crown Prince Mohammed Bin Salman has concluded its mission and recovered about 400 billion riyals ($107 billion) including...
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Saudi to build oil refinery, petrochemicals plant in South Africa

Saudi Arabia plans to build an oil refinery and petrochemicals plant in South Africa as part of $10bn of investments in the country. The new...
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Saudi’s $500bn NEOM Bay project begins in 2019

Saudi's NEOM Bay, an urban project, will be completed in 2020. Saudi Crown Prince Mohammed bin Salman bin Abdulaziz, the chairman of the NEOM board,...
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Saudi Arabia to set up $10B oil refinery in Pakistan

Saudi Arabia plans to set up a $10 billion oil refinery in Pakistan's deepwater port of Gwadar, the Saudi energy minister said on Saturday,...
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Saudi Said to Weigh More Bank Mergers as NCB Announces Talks

Saudi Arabia is exploring potential mergers to boost its financial services industry after the combination of Saudi British Bank and Alawwal Bank, according to...
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Credit Suisse CEO in Saudi Arabia Said to Leave Bank in...

Credit Suisse Group AG’s chief executive officer in Saudi Arabia is leaving the bank, according to people familiar with the matter. Abdulaziz Bin Hassan has...
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