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Page 62 - Saudi Arabia

Saudis don't have to worry about taxes anymore

Oil-rich kingdom does a rethink on introducing new taxes it planned after collapse of crude prices

Saudis don't have to worry about taxes anymore
Updated On : 10 Apr 2017 | 4:41 PM IST

Saudi Arabia wants oil prices to stabilise at $60 in 2017: OPEC sources

OPEC believes it would encourage investment in new fields but not lead to a jump in US shale

Saudi Arabia wants oil prices to stabilise at  $60 in 2017: OPEC sources
Updated On : 28 Feb 2017 | 2:41 PM IST

Saudi Arabia appoints women to head stock exchange, newspaper

Sarah Al-Suhaimi also became first female CEO of National Commercial Bank in 2014

Saudi Arabia appoints women to head stock exchange, newspaper
Updated On : 18 Feb 2017 | 7:46 PM IST

Saudis cut oil output to lowest in 2 years, pledge further reductions

Energy Minister Khalid al-Falih said output had fallen below 10 million barrels per day

Saudis cut oil output to lowest in 2 years, pledge further reductions
Updated On : 12 Jan 2017 | 8:31 PM IST

Saudis to duel rivals by curbing heavy oil over light crude

The discount of Dubai oil shrank to the smallest in 15 months over Dated Brent this week

Saudis to duel rivals by curbing heavy oil over light crude
Updated On : 08 Jan 2017 | 12:02 AM IST

Oil ends higher as Saudi Arabia output cuts offset US products build

West Texas Intermediate crude settled up 50 cents, or 0.9 per cent, to $53.76 a barrel

Oil ends higher as Saudi Arabia output cuts offset US products build
Updated On : 06 Jan 2017 | 8:47 AM IST

Oil prices rise as Saudi Arabia discusses supply cuts

Saudi Arabia agreed to cut output by 486,000 barrels per day

Oil prices rise as Saudi Arabia discusses supply cuts
Updated On : 06 Jan 2017 | 12:13 AM IST

Workers jailed, flogged over Saudi unpaid wage unrest

Wages stuck after after oil revenue collapse left kingdom unable to pay private firms it had engaged

Workers jailed, flogged over Saudi unpaid wage unrest
Updated On : 03 Jan 2017 | 5:12 PM IST

Saudi royal family is still spending in an age of austerity

King Salman serves as chairman of the family business unofficially known as Al Saud Inc

Saudi royal family is still spending in an age of austerity
Updated On : 28 Dec 2016 | 11:05 AM IST

Saudi Arabia planning to sell 49% of Aramco, says report

Taking a company as large as Aramco to the market may pose challenges for Saudi Arabia

Saudi Arabia planning to sell 49% of Aramco, says report
Updated On : 24 Dec 2016 | 9:42 PM IST

Report of 150 Indian dead bodies lying in Saudi 'factually misleading': MEA

Vikas Swarup said there are only 10 cases pertaining to the same

Report of 150 Indian dead bodies lying in Saudi 'factually misleading': MEA
Updated On : 23 Dec 2016 | 10:50 PM IST

Saudi budget to boost spending, raise domestic fuel prices: Sources

Revenues may be boosted next year by higher oil prices

Saudi budget to boost spending, raise domestic fuel prices: Sources
Updated On : 21 Dec 2016 | 5:00 PM IST

US cancels arms sales to Saudi, citing civilian deaths in Yemen campaign

Other US sources confirmed the proposed sale was of precision guided munitions made by US firm Raytheon

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Updated On : 14 Dec 2016 | 10:24 AM IST

Cyberattacks target Saudi Arabia's critical aviation agency data

Iran and Saudi Arabia have been in a tit-for-tat cyberwar for more than four years

Cyberattacks target Saudi Arabia's critical aviation agency data
Updated On : 03 Dec 2016 | 1:05 AM IST

Saudi Arabia quits Russia talks as no closure for OPEC deal

New internal talks set for Monday after no accord was reached; no consensus over production cuts

Saudi Arabia quits Russia talks as no closure for OPEC deal
Updated On : 26 Nov 2016 | 10:28 PM IST

Saudi Arabia bans schools from declaring non-Islamic holidays

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

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Updated On : 14 Nov 2016 | 3:00 PM IST

'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

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Updated On : 05 Nov 2016 | 9:45 PM IST

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

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Updated On : 02 Nov 2016 | 6:56 PM IST

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's Khalid al-Falih says views closer with Russia on oil market
Updated On : 24 Oct 2016 | 3:33 AM IST

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

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Updated On : 19 Oct 2016 | 11:48 PM IST