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Saudi Arabia

Saudi Arabia

Kingdom in western Asia

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Timeline

2019

Saudi Arabia pushes for oil prices of at least $70 per barrel.

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News

Title
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Date
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Description
Press Trust of India
February 23, 2020
@bsindia
Though oil giant Saudi Aramco was supposed to be a largest investor, particularly in the PCPIR in Visakhapatnam, it went away to Maharashtra
Marwa Rashad
February 22, 2020
IN
Saudi Arabia's economy is expected to grow this year, supported by the non-oil sector, despite a challenging global economic backdrop, the Saudi central bank governor said on Saturday as the kingdom hosts the G20 meeting.
Sarah Young
February 20, 2020
U.S.
Britain's BAE Systems forecast another year of growth in 2020, saying the company was well-placed to take advantage of increased defence spending that could help to offset any future impact from a German ban on arms exports to Saudi Arabia.
February 20, 2020
The Economic Times
The attention to detail reflects whats at stake for Saudi as it welcomes leaders from the worlds biggest economies after a period in which Prince Mohammeds reformist zeal has often been overshadowed by outrage over a murdered critic, a crackdown on dissent denounced by human rights groups, and the kingdoms leading role in the grinding 5-yr war in Yemen.
AFP | PTI
February 19, 2020
@bsindia
Pompeo said the United States was prepared to talk anytime to Iran but emphasised that the Iranian regime has got to fundamentally change their behaviour
February 19, 2020
WebWire
Inmarsat, the world leader in global, mobile satellite communications, has announced that it will bring its world-leading maritime, aviation and enterprise connectivity solutions to customers based in Saudi Arabia through new partner agreements. The company additionally announced that it has secured new spectrum licences to deliver both its narrow-band (L-band) and high-capacity broadband (Ka-band), Global Xpress (GX), services in Saudi Arabia, enabling Saudi-based businesses to deploy th...
Press Trust of India
February 14, 2020
@bsindia
The airline will now operate a total of five daily direct flights connecting Dammam with Mumbai, Hyderabad, Kozhikode, Trivandrum and Delhi
February 13, 2020
WebWire
SABIC announced a donation of RMB 8 million to the Hubei Charity Federation in aid of the fight against the Corona Virus Disease 2019 (COVID-19) outbreak, with funds designated to support the Union Hospital affiliated with the Tongji Medical College of the Huazhong University of Science and Technology, the Wuhan Medical Care Center for Women & Children, Yingcheng People's Hospital and Huanggang Central Hospital. The funds will be used to purchase medical supplies and provide care and supp...
Vivian Yee
February 11, 2020
www.nytimes.com
Some artists say Desert X AlUla is a step toward changing Saudi society. Critics call the government-funded exhibition "morally corrupt."
February 11, 2020
WebWire
SABIC' Global Educational and Innovation Initiative starts a new phase this year building on its previous year's achievements when it completed 50 percent of the initiative's programs benefitting thousands of students in Saudi Arabia and abroad. The initiative is the company's commitment to social responsibility to develop career skills, create awareness, and inculcate a culture of innovation through education. Yousef Al-Benyan, SABIC Vice Chairman and CEO said, "This educational and inn...
February 11, 2020
WebWire
Although accounting for a mere 1% of the world's digital cinema screens, the Middle East and North Africa (MENA) region represents one of the world's fastest-growing areas for the medium, with local exhibitors dominating the scene. With a screen base that had already expanded by more than 60% to 1,900 from 2015 to 2019, MENA will grow at an even more formidable rate in the next four years, increasing its screen base by another 1,400 units, up an astounding 74%, according to Omdia. All to...
Rania El Gamal
February 11, 2020
IN
Saudi Arabia wants global oil producers to agree a quick oil supply cut as China's coronavirus knocks demand, aware that delays in the past led to costly price collapses, sources familiar with the kingdom's thinking have told Reuters.
February 10, 2020
www.nytimes.com
The investor Chamath Palihapitiya urged start-ups and venture capitalists to reconsider where they get their money from, in light of a new report on a Mormon Church mega-fund.
Joe Bavier
February 8, 2020
U.S.
South Africa aims to free up over a billion dollars in stalled weapons sales, including to Saudi Arabia and United Arab Emirates, by amending a document at the heart of an export row, a senior arms control official told Reuters.
February 8, 2020
The Economic Times
Global oil demand may start falling sooner than expected, putting a strain on GCC.
February 6, 2020
News18
There is a growing frustration in Islamabad as it had sought an urgent meeting of OIC's Council of Foreign Ministers to discuss the Kashmir issue, but Saudi Arabia has not accepted the request.
February 6, 2020
WebWire
The UK Government has earmarked almost £1.3m (US$1.7m, €1.5m) towards a scheme that aims to involve young people in heritage, through a new grant to the National Lottery Heritage Fund's Kick the Dust programme., , , , Kick the Dust is a programme of a dozen large scale projects running across the UK, started in 2016, intended to help make heritage relevant to young people aged 11 to 25. It was launched with an original £10m (US$13m, €11.8m) investment, which was allocated to the projects by...
February 6, 2020
WebWire
A new report published by Amnesty International today exposes how despite all their rhetoric of reforms, the Saudi authorities are using the Specialized Criminal Court (SCC) as a weapon to systematically silence dissent. Alongside the report, the organisation is also launching a campaign calling for the immediate and unconditional release of all human rights defenders detained for their peaceful expression. In the report titled "Muzzling critical voices: Politicized trials before Saudi...
Reuters Editorial
February 4, 2020
IN
Saudi Arabia has signed an agreement with a fund linked to China's Alibaba to build a new headquarters in a "media city" in the kingdom's capital, the Saudi minister of culture said on Tuesday.
Hadeel Al Sayegh
February 4, 2020
U.S.
Several Saudi Arabian companies are planning to list shares on the Riyadh exchange in coming months in the wake of oil giant Aramco's record IPO.
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