DUBAI/KHOBAR, Saudi Arabia: Saudi authorities are preparing to auction billions of dollars of real estate and cars belonging to billionaire Maan al-Sanea and...
RIYADH/DUBAI: U.S. firms attracted by Saudi Arabia’s plans to build nuclear reactors are pushing Washington to restart talks with Riyadh on an agreement to...
KHOBAR, Saudi Arabia/DUBAI: When Saudi Aramco reveals a Western audit of its oil reserves, investors will be looking for two answers: How much oil and how...
KHOBAR, Saudi Arabia/DUBAI: Jamil Farsi, a prominent Saudi Arabian jewelry tycoon, made an impassioned plea to the investment minister at a meeting of the...
RIYADH/DOHA: The energy minister for top OPEC exporter Saudi Arabia said Thursday he was optimistic about OPEC’s deal to limit oil output and mentioned the...
RIYADH/KHOBAR: A cartoon widely circulated in Saudi Arabia on Twitter last month showed three old men in traditional robes, named Unemployment, Prices and...
VIENNA: Saudi Arabia Thursday promised not to flood the oil market with extra barrels even as OPEC failed to agree on output policy, with Iran insisting on...
DOHA: A deal to freeze oil output by OPEC and non-OPEC producers fell apart Sunday after Saudi Arabia demanded that Iran join in despite calls on Riyadh to...
RIYADH/KHOBAR: Mobarak Musa, a mobile telephone salesman from Syria, has spent 10 years working in Saudi Arabia, sending part of his wages back home to...
KHOBAR, Saudi Arabia/DUBAI: Saudi King Salman appointed Saudi Aramco's chief executive as chairman of the state oil firm and health minister Wednesday, in a...
DUBAI/KHOBAR, Saudi Arabia: As the global energy industry stares transfixed at a spectacular drop in U.S. rigs, Saudi Arabia is ramping up the number of...
DOHA/ABU DHABI/KHOBAR, Saudi Arabia: Gulf Arab governments are encouraging – and in some cases pressuring – hundreds of companies to attend an...
RIYADH/KHOBAR, Saudi Arabia: Several of Saudi Arabia’s largest listed companies said Monday they would pay out hundreds of millions of dollars in bonuses,...
DHAHRAN, Saudi Arabia: Abdulaziz al-Jouf is in many ways a typical Web entrepreneur – the 34-year-old Saudi talks fast, works late and has big plans for his...
KHOBAR, Saudi Arabia: Russia’s Lukoil is set to drill deep for unconventional gas in Saudi Arabia’s challenging “Empty Quarter” desert region early next year...
RIYADH: A Saudi Arabian court on Sunday sentenced five men to death for their involvement in a suicide attack on expatriate residential compounds in Riyadh in...
MOSCOW/KHOBAR, Saudi Arabia: Russia’s Lukoil is negotiating a deal with Saudi Arabia to tap unconventional gas deposits in the kingdom’s “Empty Quarter”...
RIYADH/KHOBAR, Saudi Arabia: Saudi Arabia’s government plans to sell a 15 percent stake in National Commercial Bank (NCB), the country’s largest lender by...
KHOBAR, Saudi Arabia: OPEC heavyweight Saudi Arabia has cut back oil output that had held at record rates of around 10 million barrels a day for three months...
KHOBAR, Saudi Arabia: Kuwait and Saudi Arabia have shelved their project to develop the Dorra offshore gas field after disagreeing over how to share the gas...
VIENNA: OPEC exporters, who are set to leave production policy unchanged, were weighing Thursday the impact of rising supplies of U.S. shale oil that are...
VIENNA: OPEC, enjoying oil at just over $100 a barrel, looks set to keep its output policy on a steady course for the rest of the year. Saudi Arabia, its top...
RIYADH: Saudi Arabia will take new steps, including jail terms for small business owners and the hiring of 1,000 inspectors, to crack down on foreigners...
DUBAI/KHOBAR: Saudi Arabia is unlikely to produce much shale gas this decade, hampered by scarce water and prices fixed far below production costs, but it has...
DUBAI/KHOBAR: Saudi Arabia may as early as next year do something it has resisted for decades: raise what is currently the world's lowest price for...