Saudi Arabia News in English - Expat Guide to Saudi Arabia

August 10, 2020

Pompeo cleared over Saudi arms sales: US official

An internal probe has cleared US Secretary of State Mike Pompeo of wrongdoing in a disputed arms sale to Saudi Arabia, a senior State Department official said Monday, although the report on the investigation has not yet been released. Pompeo…

August 10, 2020

Saudi Aramco chief sounds optimistic over oil demand rise

The head of Saudi Aramco said Monday he was optimistic that the global demand for oil was growing as the worst of the coronavirus pandemic “might be behind us”. Amin Nasser told reporters through a video conference that global demand…

August 9, 2020

Saudi Aramco profits dive 73% as virus batters oil demand

Energy giant Saudi Aramco said on Sunday its second-quarter profits plunged a massive 73 percent due to sharply lower oil prices as the coronavirus crisis undercuts global demand. The behemoth, recently dethroned by Apple as the world’s most valuable listed…

August 9, 2020

Saudi Aramco profits slump 73% on low oil price

Energy giant Saudi Aramco said Sunday its net profit for the second quarter plunged a massive 73 percent due to sharply lower oil prices as the coronavirus crisis undercuts global demand. The company posted a net profit of $6.6 billion…

August 8, 2020

New ‘threat’ against former Saudi spy in Canada: media

A former senior Saudi intelligence official who has accused Crown Prince Mohammed bin Salman of trying to have him assassinated in 2018 has been placed under heightened security after a new threat on his life, a Canadian newspaper reported. The…

August 7, 2020

Belgium suspends arms exports to Saudi national guard

Belgium’s top legal authority on Friday suspended arms export licences for shipments to Saudi Arabia’s National Guard after a complaint from human rights groups. The Council of State granted an injunction as the contracts did not meet the standard for…

August 6, 2020

Ex-Saudi spy accuses crown prince of trying to assassinate him

A former senior Saudi intelligence official said in a US lawsuit Thursday that the country’s Crown Prince Mohammed bin Salman tried to have him assassinated in 2018, just weeks after dissident journalist Jamal Khashoggi was murdered in Turkey. Saad Aljabri…

August 6, 2020

Saudi chemical giant SABIC loss tops $590 mln on low sales

Saudi petrochemicals giant SABIC said on Thursday it posted a loss in the three months to end-June, the third quarterly loss in a row, due to low sales and impairments. SABIC, the world’s fourth largest chemical firm, said it posted…

August 3, 2020

‘Legitimate’ concerns about Saudi arms sales, ex-US official says

State Department officials voiced concern over risks to civilians before Secretary of State Mike Pompeo rammed through $8.1 billion in arms sales to Saudi Arabia and other Arab allies, a former aide was quoted Monday as telling lawmakers. Democrats in…