Saudi Arabia

Saudi Arabia steps up beheadings; some see political message


RIYADH - Immediately after his sword falls, the Saudi Arabian executioner steps backwards to avoid soiling his clothes with the blood of the condemned man, whose headless body can be seen slumping over backwards in the shaky online film.

Americans shot in Saudi Arabia were defense contractors: U.S. official

WASHINGTON - Two Americans shot in Saudi Arabia were employees of U.S. defense contractor Vinnell Arabia, a senior State Department official said on Tuesday.

World, U.S. 14 Oct 2014

Facing new oil glut, Saudis avoid 1980s mistakes to halt price slide

DUBAI - Still haunted by its failed attempt to prevent a steep drop in oil prices by slashing production by almost three quarters in the 1980s, the world's top oil exporter Saudi Arabia is determined not to make the same mistake again.

14 Oct 2014

Saudi bank's $6 billion IPO ignites religious controversy

RIYADH - Plans by Saudi Arabia's biggest bank for a $6 billion initial public offer of shares, the largest-ever equity sale in the Arab world, have run into religious controversy with some clerics suggesting it violates Islamic principles.

Deals, World, 14 Oct 2014

Qatar Emir tells Saudi King he met terms to end GCC rift: Gulf source

- Qatar's emir told Saudi Arabia's King Abdullah this week his country had done everything it could to resolve a dispute over Doha's links with Islamist groups, but the monarch appeared unconvinced, a Gulf security source said on Tuesday.

World, 14 Oct 2014

Exclusive: Privately, Saudis tell oil market- get used to lower prices

LONDON/NEW YORK - Saudi Arabia is quietly telling the oil market it would be comfortable with much lower oil prices for an extended period, a sharp shift in policy that may be aimed at slowing the expansion of rival producers including those in the U.S. shale patch.

13 Oct 2014

U.S., Saudi Arabia hit militant targets in Syria: U.S. military

WASHINGTON - The United States and Saudi Arabia launched eight airstrikes on Sunday and Monday against Islamic State targets in Syria, including seven near Kobani, the U.S. military's Central Command said.

World, 13 Oct 2014

France says $3 billion Lebanon arms deal to go ahead

PARIS - France will soon provide weapons and military equipment to the Lebanese army as part of a $3 billion grant from Saudi Arabia to help it fight jihadis encroaching into Lebanon from Syria, Defence Minister Jean-Yves Le Drian said on Wednesday.

World, France, Syria, Lebanon 08 Oct 2014

Lebanese army to get first Saudi-financed weapons soon: former PM

PARIS - Lebanon's army will soon receive military equipment as part of a $1 billion grant from Saudi Arabia to help it fight Islamist militants encroaching into Lebanon from Syria, former Prime Minister Saad al-Hariri said on Tuesday.

World, Syria, Lebanon 07 Oct 2014

Euro Disney says second-biggest shareholder yet to decide on rights issue

LONDON - Euro Disney said its second largest investor, Prince Alwaleed bin Talal of Saudi Arabia, has yet to decide whether to take part in the 420 million-euro ($525 million) rights issue which it announced on Monday.

Entertainment, Deals, 06 Oct 2014

Consumed by Islamic State, Iraq's Anbar province a key battleground again

BAGHDAD - In recent weeks, the world has watched the battle to save Syria’s border town of Kobani from Islamic State. But the radical jihadists have for longer been engulfing another strategically more vital target - Iraq’s western Anbar province and its road to Baghdad.