The Trump administration has "significantly increased" military support for the Saudi-led coalition fighting al Qaeda and Iranian-backed militias in Yemen.
The families of more than 2,000 victims of terrorism have filed a civil lawsuit against the government of Saudi Arabia, hoping for restitution for the September 11, 2001 attacks on the United States.
Exxon Mobil Corporation said in a press release that it is expanding its manufacturing capacity along the U.S. Gulf Coast through planned investments of $20 billion over a 10-year period "to take advantage of the American energy revolution."
Yemen's President Hadi said that Saudi Arabia has given his nation $10 billion to rebuild following nearly two years of civil war, "including $2 billion as a deposit in the central bank to shore up the (Yemeni) riyal,” according to reports.
The National Project Management Office ("NPMO") is something you will hear a lot about in the coming years. Saudi Arabia has tasked U.S.-based Bechtel Corp to oversee its state infrastructure projects, known in Arabic as 'Mashroat'.
With Brent oil hovering around $55 for the past two months, actions by OPEC and non-OPEC members to keep 900,000 barrels per day off the market have had a stabilizing effect on prices. But will U.S. shale producers respond with strong production?
Saudi Arabia has approved $24.5b for water, agriculture, and environment spending to allow government leaders to meet 16 goals set as part of its Vision 2030 development plan, Reuters reports.
