Saudi Arabia

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Dalal Street nervous over oil; Sensex tanks 600 points, Nifty ends at 10,800

The global oil benchmark, Brent, was trading at $68 a barrel from its Friday's close of $60 prior to the attack on Saudi oil facilities during the weekend.

Sep 17, 2019

Biggest oil price surge since 1991 as locked and loaded US points finger at Iran for attack

The Iran-aligned Houthi movement that controls Yemen's capital claimed responsibility for the attack, which damaged the world's biggest crude oil processing plant.

Sep 16, 2019

Why do Houthi strikes in Saudi Arabia make Nirmala Sitharaman sweat?

If oil becomes more expensive, the current economic downturn can snowball into a full-blown crisis. India has little headroom to cushion the inflationary impact as Trump has turned off cheaper Iranian oil supplies

Sep 16, 2019

Houthi rebels claim drone strikes against Saudi Arabia's Aramco oil facilities

Iran-backed Houthi fighters had conducted drone attacks on the Shaybah natural oil liquefication last month and other attacks on two oil stations in May.

Sep 14, 2019

Saudi Arabia's Energy Minister Khalid al-Falih

Opec Kingpin Saudi Arabia replaces energy minister in major shakeout

Since his appointment as oil minister in 2016, Falih has been the face of Saudi energy policy but the veteran technocrat had seen his portfolio shrink in recent weeks.

Sep 8, 2019

IndiGo promoters' differences threaten services

IndiGo eyes more UAE, Saudi flights as part of Middle East expansion

IndiGo had earlier said that 50 per cent of its expansion in 2019 will be from international growth.

Sep 4, 2019

Saudi Arabia replaces Aramco chair with wealth fund chief ahead of IPO

The appointment of Al-Rumayyan, already an Aramco board member, comes as part of the Saudi authorities' preparations to sell shares in the world's biggest oil exporter.

Sep 3, 2019

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Saudi organises world's largest camel festival; 12,000 animal owners to compete

The festival, aimed at promoting the camel-racing heritage of the Kingdom and the Gulf Arab countries, is expected to turn the Saudi city of Taif into one of the top tourist destinations.

Sep 2, 2019

Illegal cryptocurrency malware hits Tesla's Amazon Cloud resources

Cryptocurrency to fund Saudi Arabia's Neom project? Riyadh warns against scammers

Saudi is embarking on a $500 billion futuristic megacity, considered as a symbol of Crown Prince Mohammed bin Salman's ambitions for life after oil, to attract foreign investment and bolster non-oil revenues.

Aug 21, 2019

Imran Khan completes 1 year as Pakistan PM; govt presents first anniversary progress report

Establishing good international relations and tackling domestic issues such as health, education and housing sector were hailed as achievements of the PTI government.

Aug 19, 2019

Pakistan has few options on Kashmir issue amid near-total global isolation

Deep State's long-time subterfuge using militancy against India and Afghanistan has returned to visit Pakistan in the form of international isolation and a wide trust gap on Kashmir developments

Aug 10, 2019

Leave or be deported, Saudi Arabia tells Pakistani doctors

Other countries such as Qatar, the United Arab Emirates and Bahrain also followed suit and have de-recognised Pakistan's medical degree.

Aug 8, 2019

Big blow for Indians: Saudi Arabia plans to ban foreigners from hospitality jobs

The country has pushed for 'Saudization' policies after unemployment rates increased to 13 percent last year.

Jul 29, 2019

Qatar invests $3 billion in cash-strapped Pakistan

Pakistan's cash-strapped economy has received aid from the US, China, Saudi Arabia as well as multilateral institutions such as the World Bank and Asian Development Bank.

Jun 25, 2019

India's fuel prices could hit the roof as crude oil prices threaten to top $100

Escalating Middle East tensions and Opec decision to maintain production squeeze buoy oil nearly 30% this year; Iran's threat to exit nuclear deal may propel oil to new highs.

Jun 24, 2019

Saudi airport attack: 1 killed, 21 injured as Yemeni rebels strike ahead of Pompeo visit

Earlier this month, a Houthi missile hit Abha airport in a strike that wounded 26 people.

Jun 24, 2019

Saudi Arabia to not execute teenager arrested for taking part in anti-govt rally

Murtaja Quereris was arrested by the Saudi officials in September 2014 on charges of terrorism.

Jun 17, 2019

Iran rejects US allegations of Gulf of Oman tanker attacks

The United States, which has accused Iran or its proxies of carrying out a May 12 attack on four tankers off the United Arab Emirates' coast as well as May 14 drone strikes on two Saudi oil-pumping stations.

Jun 14, 2019

Who is Murtaja Qureiris? Saudi teen faces execution for participating in Arab Spring

In May 2017, Murtaja Qureiris was moved to al-Mabaheth prison, an adult facility, even though he was still only 16 years old.

Jun 8, 2019

UAE-led probe blames a 'state actor' for Fujairah oil tanker attacks

US National Security Advisor John Bolton joined Saudi Arabia's claims by stating that Iran was "almost certainly" behind the attacks.

Jun 7, 2019

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