President Donald Trump on Wednesday said he ordered a major increase in sanctions on Iran, the first response by the U.S. to the attacks on two key oil installations in Saudi Arabia, according to reports.
Saudi Aramco is considering Tokyo as the international destination to list its shares, according to an exclusive report in The Wall Street Journal on Thursday.
Secretary of State Mike Pompeo and Saudi Deputy Defense Minister Prince Khalid bin Salman met in Washington D.C. yesterday to discuss the ongoing war in Yemen and other U.S.-Saudi defense related topics.
Saudi Arabia food and beverage conglomerate Almarai has completed a solar project which is being billed as Saudi Arabia’s largest to date, according to a report.
In its first-ever half-year earnings report, Saudi Aramco said the company had earned a net income of $46.9 billion in the first half of 2019, a 12 percent decrease from $53 billion in the period a year earlier, when oil prices were higher.
The U.S. Senate failed to override President Donald Trump’s vetoes of legislation passed by Congress that would have blocked the sales of certain weapons to Saudi Arabia and the United Arab Emirates, meaning the transactions may proceed forward.
President Trump vetoed three congressional resolutions aimed at blocking his administration from selling billions of dollars of weapons to Saudi Arabia and the United Arab Emirates.
Aramco Expats, an online blog that is a resource for current and former Saudi Aramco expatriates and their families, recently published a series of excellent blog posts on the seven wonders of the Arabia – the best heritage sites and historical places in the Kingdom.
Saudi Arabia’s government has approved a law to improve the way it procures contracts and services "by saving money, making the process fairer, and boosting local bidders," Reuters reports, citing information from the Ministry of Finance.
