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  • Saudi - UK
    Prince Charles to meet Saudi Arabia’s new king

    Prince Charles has a reputation - some might say a notoriety - for speaking up on matters of concern. As he arrives in Saudi Arabia, he faces a more-than-usually delicate diplomatic challenge. Will he speak up when he meets the new Saudi king, Salman, and raise the case of a Saudi citizen whose treatment has outraged human rights groups and is a matter of "serious concern" to the British government?

  • Saudi-Egypt
    Saudi Arabia’s Egypt stance ‘unchangeable’

    Custodian of the Two Holy Mosques King Salman has expressed Saudi Arabia’s close bond with Egypt in a phone call with Egyptian President Abdel Fattah El-Sissi.

  • Credi Rating
    Saudi Arabia’s Credit Rating Outlook Cut to Negative at S&P

    Saudi Arabia, the world’s largest oil exporter, had the outlook on its credit grade cut to negative by Standard & Poor’s while other struggling energy-producing nations had their ratings lowered.

  • Saudi Economy
    If you think gas is cheap these days, look what it costs in Saudi Arabia

    “We should have freaked out when oil went to $100 a barrel,” said Fahad M. Alturki, Jadwa’s chief economist. “That was a sleeping pill that allowed us not to worry about long-term problems. When are we going to break the reliance on oil as our main source of revenue?”   More likely, Sudairy said, the government would monitor oil prices closely for about 18 months and rethink strategy if they did not rebound.

  • E-Commerce
    Saudi Arabia Proposes an eCommerce Law

    Saudi Arabia’s Ministry of Commerce and Industry has recently released a draft for the first eCommerce law in the country. The eCommerce market share in Saudi Arabia will hit $13.3 billion in 2015, according to research published by a Dubai-based web design and development company.Saudi Arabia is getting closer to this target, with the kingdom’s online retail expected to account for up to eight percent of its total retail market in 2015, leaving the US (7.1 percent), Japan (6.8 percent) and France (6.7 percent) behind.

  • Saudi Economy
    Saudi Arabia’s new king faces challenging fiscal climate

    “Issues such as labour, domestic oil consumption, diversification — these are not easy with $50ish [a barrel] oil,” said John Sfakianakis, regional director for Ashmore Group. “But it at least offers the opportunity to get reforming.”

  • Human Rights
    The facts — and a few myths — about Saudi Arabia and human rights

    Sevag Kechichian, an Amnesty International researcher, explains that in matters that are not clearly defined in the Koran or the hudud, a section of sharia law on serious crimes, judges have a reasonable amount of discretion, although they must consider precedents set by other judges and laws implemented by the government (such as a recent counterterror law and cybersecurity law).

  • Power
    Hyundai wins $126m power deal in Saudi Arabia

    Hyundai Engineering & Construction Co has won a $126m contract to lay power transmission lines in Saudi Arabia.

  • Aviation
    Saudi Arabian carrier flynas aims for first profit this year

    Saudi Arabia's first and only budget airline, flynas, aims to turn profitable this year for the first time since it was launched in 2007, partly by cutting costs, its new chief executive said.

  • Global Oil Markets
    Everything Has Changed: Oil, Saudi Arabia, and the End of OPEC

    The ramifications of this decision across the globe, not just in energy markets, but politically, are already having consequences for the global landscape.  Lost in the effort to understand the vast implications is an even more important signal sent by Saudi Arabia, the owner of more than 16% of the world’s proved oil reserves, about its view of the future of fossil fuels.