Tag: Saudi Arabia

Friday, October 19th 2018 - 02:29 UTC
Turkish police searching for Saudi journalist remains in outskirts of Istanbul

Turkish police are searching a forest on the outskirts of Istanbul and a city near the Sea of Marmara for remains of a Saudi dissident journalist who disappeared two weeks ago after entering the Saudi consulate, two Turkish officials said.
Thursday, October 18th 2018 - 09:04 UTC
US receives US$ 100m payment from Saudi Arabia, when Pompeo was in Riyadh

The United States received a payment of US$ 100 million from Saudi Arabia on Tuesday, the same day Secretary of State Mike Pompeo arrived in Riyadh to discuss the disappearance of journalist Jamal Khashoggi, a State Department official confirmed Wednesday amid global calls for answers in the case.
Saturday, October 6th 2018 - 08:45 UTC
Saudi Crown Prince dismisses Trump's remarks on defense and military backing

Saudi Arabia’s Crown Prince Mohammed bin Salman dismissed remarks by Donald Trump in which the U.S. president said he had warned the king he would not last in power “for two weeks” without U.S. military backing and demanded he pay up.
Friday, September 14th 2018 - 09:07 UTC
US, the world's top crude oil producer, but global geopolitical uncertainty prevails

The U.S. Energy Information Administration (EIA) said that the U.S. likely surpassed Saudi Arabia and Russia earlier this year to become the world’s top crude oil producer. The EIA based its disclosure on preliminary estimates in its Short Term Energy Outlook which is released every month.
Wednesday, August 22nd 2018 - 08:49 UTC
Oil price war to begin: Saudi Arabia and Iran reignites the market

The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. The two countries are currently reigniting the market share and pricing war ahead of the returning U.S. sanctions on Iranian oil.
Monday, July 2nd 2018 - 08:25 UTC
Saudi Arabia prepared to help with Trump's request “to pump more oil”, but gives no specifics

President Donald Trump said over the weekend that he had received assurances from King Salman of Saudi Arabia that the kingdom will increase oil production, “maybe up to 2,000,000 barrels” in response to turmoil in Iran and Venezuela. Saudi Arabia acknowledged the call took place, but mentioned no production targets.
Tuesday, June 26th 2018 - 08:40 UTC
Saudis commitment to increase oil production to meet growing customer demand

Saudi Arabia’s state oil giant will meet customer demand for its crude after the country’s energy minister cemented a deal to boost global supply, according to Saudi Aramco CEO Amin Nasser.
Wednesday, June 20th 2018 - 08:31 UTC
Global Index decides on Wednesday if it includes Argentina and Saudi Arabia

Global index compiler MSCI is considering including Argentina and Saudi Arabia in its emerging market indexes at a review of its widely-tracked benchmark on Wednesday, and could potentially announce candidates that may join its indexes in future.
Tuesday, April 3rd 2018 - 08:58 UTC
Anti Iran coalition: Saudi crown prince touring the US moves closer to Israel

Saudi Arabia’s crown prince said Israelis are entitled to live peacefully on their own land in an interview published on Monday in U.S. magazine The Atlantic, another public sign of ties between Riyadh and Tel Aviv appearing to grow closer. Asked if he believes the Jewish people have a right to a nation-state in at least part of their ancestral homeland, Mohammed bin Salman was quoted as saying:
Wednesday, December 6th 2017 - 16:20 UTC
Saudi Prince released after agreeing “acceptable settlement” of more than US$ 1bn

Saudi Prince Miteb bin Abdullah has been released more than three weeks after he was detained on allegations of corruption, officials have said. Prince Miteb, once seen as a contender to the throne, was freed after agreeing an “acceptable settlement” with authorities of more than US$1bn (£750m).