Page 62 - Saudi Arabia

Saudi Arabia bans schools from declaring non-Islamic holidays

International schools have been warned against marking holidays for occasions like Christmas and New Year

'Saudis did not make oil output threat'

Saudi Arabia didn't threaten to increase its oil production if other OPEC members wouldn't agree to make cuts, said the group's top official."Their contributions as usual were constructive" at talks with other members of the Organisation of Petroleum Exporting Countries in Vienna last week, Mohammed Barkindo said.OPEC held technical talks at its Vienna headquarters on October 28 aimed at finalising the details of the Algiers agreement to curb output to a range between 32.5 million and 33 million barrels a day. The meeting ended without reaching a deal on quotas for individual members. That prevented an accord with non-OPEC nations the following day. Ministers from the group will meet in Vienna on November 30 to decide how they will share the burden of the production cuts.Oil extended losses earlier Friday after Reuters reported that Saudi Arabia threatened to raise output if other members didn't agree to cuts. West Texas Intermediate crude traded 13 cents, or 0.3 per cent, lower at $44

Saudi prince flogged over undisclosed crime, reveals Saudi newspaper

The daily newspaper Okaz reported that the prince was flogged in a prison in the Red Sea city of Jiddah on Monday

Saudi's Khalid al-Falih says views closer with Russia on oil market

Saudi Arabia has started to play an important role to coordinate between Russia and OPEC, specifically the Gulf countries, says Falih

Saudi Arabia poised to sell $17.5-bn sovereign bonds

The government aims to sell dollar-denominated bonds due in five years yielding about 140 basis points more than similar-maturity US Treasuries

Saudi woos bond investors but mum on oil

When it came to an oil price increasingly influenced by Iran and the proxy war in Yemen they were less forthcoming

Saudi bank stress builds as kingdom's cash injection falls short

Economic growth in the kingdom is slowing, curtailing bank deposits just as the government increases borrowing to help plug a budget deficit that last year was the widest since 1991

Saudi Arabia reassigns ambassador to Iraq after controversy

A royal decree issued on Sunday from King Salman announced Thamer al-Sabhan would be a minister of state for the Gulf region

Saudi Arabia warns of 'disastrous consequences' over US 9/11 law

Saudi Arabia's Gulf allies have lined up beside Riyadh to criticise the law

Senate votes to back $1 billion weapons sale to Saudi Arabia

A resolution against the sale failed to advance on a vote of 71-27

'Hijacked' Saudi passenger plane isolated at Manila airport

Before landing, the plane's pilots reportedly told the Manila airport control tower that the plane was under threat and asked for emergency assistance

Saudi state fund plans stake in big industrial zone: Source

The Public Investment Fund aims to invest in King Abdullah Economic City on the Red Sea coast near Jeddah

'Urgent' Saudi talks after cyber attacks: Media

Four years ago, a damaging malware assault hit the state oil company Saudi Aramco

Saudi Arabia intercepts illegal Africans in Red Sea

The guards have reported repeated interceptions of migrants in the Red Sea over the past two months

VK Singh assures assistance to stranded, jobless Indians in Saudi Arabia

Thousands of Indians are facing severe food crisis after they lost their jobs due to slowdown of the economy in the Gulf

Saudi coalition, Huthis violate rights in Yemen: UN report

Experts are conducting detailed investigations of four air strikes allegedly carried out by the Saudi coalition, three of which are still ongoing

Why gulf workers' plight is far from over

Given the current dynamics in the oil market, it is unlikely that these workers will be returning anytime soon

Crisis related to Indians in Saudi resolved: Sushma Swaraj

Indian Embassy in Riyadh will follow up with the Labour Office of Saudi Arabia to get all the dues of workers cleared, she said

Telangana DyCM seeks Swaraj's help in return of workers stranded in S Arabia

Of the total of 9,000 stranded Indian employees, 30 per cent are from rural Telangana

Saudi Arabia agrees to help thousands of stranded Indians

Saudi govt has also agreed to allow transfer of Indian employees, who have lost their jobs, to any other company within the country