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Saudi Oil PolicyThe Mindset Within The Kingdom Of Saudi Arabia
Viewed in this perspective, it can be argued the Kingdom of Saudi Arabia had to re-establish strategic relationships with Asian and American refiners to ensure long-term offtake contracts for its crude. Otherwise, its role will increasingly be that of a global on-off switch, something its long-lived reserves are not well suited for, and which subjects it to higher volatility in its revenue stream.
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Human RightsSaudi Arabia flogs blogger in public for “insulting Islam”
US-ally Saudi Arabia flogs liberal activist Raif Badawi in public Friday near a mosque in the Red Sea city of Jeddah, receiving 50 lashes for "insulting Islam," witnesses said. Badawi, 30, was arrested in June 2012 and charged with offenses ranging from cyber crime to disobeying his father and apostasy, or abandoning his faith.
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Petrochemicals$28 billion boost for Saudi Arabia’s downstream petrochem industry
The downstream industry in Saudi Arabia is set to receive a boost as nearly US$28 billion worth of petrochemicals plants come online this year, creating thousands of jobs and diversifying income away from oil, Saudi officials said yesterday.
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Saudi FootballLoss to China compounds Saudi Arabia’s woes at Asian Cup
It has not been a good start to the Asian Cup for Saudi Arabia. After just one match the Green Falcons are in trouble and luck seems against them.
Once a powerhouse of Asian football, winning the title three times and making the final three more times between 1984 and 2007, the Saudis are suddenly struggling, much of it caused by their own doing.
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Saudi FootballAsian Cup 2015: Saudi Arabia preview, profile, tactics and key players
It’s tough to call on what to expect from Saudi Arabia during the tournament. On the one hand, the squad has depth and a wealth of experience in addition to some exciting young players just starting to burst onto the first team scene. On the other hand, this is a side that has been fraught with inconsistency in recent years with absolutely no consistency in the management set-up. The Green Falcons are now on their 11th manager in 10 years with some (Nasser Al Johar and Rogerio Lourenco) lasting less than a month in charge.
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Saudi Budget ProjectionsWhat happens to Saudi Arabia with oil at $50?
But Jean-Michel Saliba at Bank of America Merrill Lynch points out that the recent budget was based on an average oil price of $75 a barrel, which would produce a deficit of 9 per cent of GDP. If oil stays at $50 a barrel in 2015, the fiscal deficit would swell to about 20 per cent of GDP.
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Global Competitiveness ForumSaudi Arabia hosts conference on competitiveness
The Global Competitiveness Forum (GCF) will be held at the Four Seasons Hotel inRiyadh from January 25-27 and will discuss global and regional trends in governmental competitiveness and developing a world class infrastructure in Saudi Arabia.
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Al-Saud Family TreeInteractive: Saudi Arabia’s royal family tree
The admittance of Saudi Arabia’s King Abdullah bin Abdulaziz to hospital for medical tests on New Year’s eve sent jitters through the country’s stock market and prompted concern about possible policy changes for the world’s biggest oil exporter.
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Paris AttackSaudi Arabia condemns ‘cowardly terrorist’ shooting in Paris
Saudi Arabia condemned on Wednesday the shooting at a French newspaper in Paris that killed at least a dozen people, including 10 journalists, the Saudi Press Agency reported.
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Labor Issues1,700 fake engineers to be named, shamed in Saudi Arabia
A list of 1,700 people who allegedly forged their engineering degrees will reportedly be released in Saudi Arabia. Employees with fake credentials had caused “tremendous construction delays” in some cases, Arab News reported.
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