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Saudi Arabia

Saudi Aramco asks FTI Consulting to halt IPO investor relations work: sources


KHOBAR, Saudi Arabia/DUBAI State-owned Saudi Aramco has asked FTI Consulting to suspend its investor relations advisory work related to the oil company's planned initial public offering, people familiar with the matter told Reuters.

Exclusive: China offers to buy 5 percent of Saudi Aramco directly - sources

DUBAI/LONDON China is offering to buy up to 5 percent of Saudi Aramco directly, sources said, a move that could give Saudi Arabia the flexibility to consider various options for its plan to float the world's biggest oil producer on the stock market.

China, Japan, South Korea, Deals Oct 16 2017

Saudi Arabia welcomes new U.S. strategy toward Iran

DUBAI Saudi Arabia welcomed the new U.S. policy toward Iran and said lifting sanctions had allowed Iran to develop its ballistic missile program and step up its support for militant groups, state news agency SPA reported on Friday.

Saudi Arabia welcomes Hamas, Fatah reconciliation deal

DUBAI Saudi Arabia welcomed the reconciliation of rival factions Hamas and Fatah and said it will help Palestinians to gain their legitimate rights, the state news agency SPA reported on Friday.

World, Oct 13 2017

Russia, Saudi Arabia close to sign S-400 missile deal: Ifax cites Putin aide

MOSCOW, MOSCOW Russia and Saudi Arabia are on track to sign a contract on supplies of Russia's advanced S-400 air defense missiles to Riyadh, the Interfax news agency cited an aide to Russian President Vladimir Putin as saying on Friday.

World, Oct 13 2017

Oil rises 2 percent on signs rebalancing underway

NEW YORK Oil prices rose about 2 percent on Tuesday, supported by Saudi Arabian export cuts in November and comments from OPEC and trading companies that the market is rebalancing after years of oversupply.

Russia Oct 10 2017

Kremlin says S-400 missile talks with Saudi Arabia on track

MOSCOW The Kremlin said on Monday that talks with Saudi Arabia over Moscow supplying Riyadh with advanced S-400 air defense missile systems had gone well so far despite talk of a possible U.S.-Saudi arms deal.

World, Oct 09 2017

U.S. Embassy in Saudi Arabia cautions citizens after unconfirmed reports of foiled attack in Jeddah

RIYADH The United States Embassy in Saudi Arabia warned U.S. citizens to exercise caution in the area around the Peace Palace in Jeddah on Saturday after reports on social media of an attack there.

World, Oct 07 2017

U.S. approves possible $15 billion sale of THAAD missiles to Saudi Arabia

WASHINGTON The U.S. State Department has approved the possible sale of a THAAD anti-missile defense system to Saudi Arabia at an estimated cost of $15 billion, the Pentagon said on Friday, citing Iran among regional threats.

Saudi Arabia says U.N. report on Yemen 'inaccurate and misleading'

UNITED NATIONS Saudi Arabia on Friday rejected a United Nations report blaming a Saudi-led military coalition for killing or injuring 683 children in Yemen and attacking dozens of schools and hospitals as "inaccurate and misleading."

World, United Nations, Yemen Oct 06 2017

U.S. official says not ruling out eventual direct talks with North Korea

TOKYO/UNITED NATIONS The United States is not ruling out the eventual possibility of direct talks with North Korea, Deputy Secretary of State John J. Sullivan said on Tuesday, hours after Pyongyang warned nuclear war might break out at any moment.