Saudi Arabia is on course with a Saudization policy that aims to reduce its reliance on immigrant labor in the public and private sector.
Read More »At Riyadh Jamboree. Saudis may Struggle to Lure Foreign Funds in Recession
Austerity helped push the economy into recession in the second quarter of 2017.
Read More »Saudi Aramco CEO: IPO Has Never Been Linked to Oil Market
Aramco’s petrochemicals output is about 30 million tonnes a year from plants it owns and joint ventures in Saudi Arabia and abroad.
Read More »Russia Cements Top Spot in Crude Sales to China as Saudis Recede
The Asian nation’s imports of Russian crude jumped 61% to a record 6.35 million metric tons in September from a year earlier.
Read More »Saudis Set $500 Billion Plan to Develop Zone Linked with Jordan and Egypt
Saudi Arabia will need huge financial and technical resources to build NEOM on the scale it envisages.
Read More »Saudi Firms Eyeing Solar to Blunt Rising Power Price Risk
Saudi set a record on October 3 in its first solar tender.
Read More »Saudi Oil Minister Upbeat on Oil as He Visits Baghdad
Khalid Al Falih welcomes increasing cooperation between Iraq and kingdom.
Read More »Saudi Aramco Plans to Set Up New Construction Unit
Both the local and global firms are keen to form consortiums for the coveted project.
Read More »Can Trump Drive a Wedge Between Saudi-Russian Alliance?
In Europe. American infringement of Russian dominance in gas markets is even clearer.
Read More »OPEC Deal Extension May Be Unnecessary
The current reduction deal is sufficient to achieve the desired purpose.
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