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Saudi Arabia

Pakistan invites Saudi Arabia to join China's Belt and Road corridor


ISLAMABAD Islamabad has invited Saudi Arabia to become the third partner in the Beijing-funded Belt and Road corridor of major infrastructure projects inside Pakistan, Pakistan's information minister said on Thursday.

Germany approves arms sale to Saudi after Yemen war ban promise

BERLIN Germany approved a delivery of weapons to Saudi Arabia, a government document showed on Wednesday, after saying it would halt arms sales to countries involved in the war in Yemen.

World, Yemen Sep 19 2018

'Pakistan always stands by Saudi Arabia,' Khan tells Arabiya TV

DUBAI Pakistan ''always stands by Saudi Arabia,'' Prime Minister Imran Khan told Arabiya TV on Wednesday, during a visit to the kingdom.

World, Sep 19 2018

Amid loan talk, Pakistani PM arrives in Saudi Arabia

ISLAMABAD/DUBAI Pakistani Prime Minister Imran Khan arrived on Tuesday in Saudi Arabia where, comments from his finance minister suggest, he will seek financial help to stave off the likelihood of another IMF bailout.

World, IMF Sep 18 2018

Pakistan PM leaves for Saudi Arabia amid bailout speculation

ISLAMABAD Pakistani Prime Minister Imran Khan left for Saudi Arabia on Tuesday, the foreign office said, amid speculation he may be seeking economic assistance from a staunch ally instead of another IMF bailout.

World, IMF Sep 18 2018

Saudi's PIF invests more than $1 billion in electric carmaker Lucid Motors

DUBAI Saudi Arabia's Public Investment Fund (PIF) has agreed to invest more than $1 billion in Lucid Motors, adding to the emerging competition facing U.S. electric vehicle maker Tesla Inc .

Tech, Global Energy News Sep 17 2018

Oil near flat as market weighs U.S.-China trade tensions, Iran sanctions

NEW YORK Oil prices were little changed on Monday as the market weighed deepening trade tension between the U.S. and China that is expected to dent global crude demand and potential supply tightening due to Iran sanctions.

Russia, Sep 17 2018

Ethiopian, Eritrean leaders sign peace agreement in Jeddah

JEDDAH Ethiopia's Prime Minister Abiy Ahmed and Eritrean President Isaias Afwerki signed a peace agreement in Saudi Arabia on Sunday, the second peace deal reached since July between the once warring African countries.

World, United Nations, Africa Sep 16 2018

Exclusive: Saudi Arabia to auction detained tycoon's real estate assets - sources

RIYADH Saudi Arabia will auction real estate owned by indebted billionaire Maan al-Sanea and his company starting next month to help repay billions of riyals due to creditors, sources familiar with the matter told Reuters.

World, Sep 16 2018

Saudi says it destroyed missile Houthis fired at Jizan province

CAIRO Houthi forces fighting a Saudi-led military coalition in Yemen fired a missile over the border targeting the Jizan Industrial City in southern Saudi Arabia on Saturday, but Saudi air defense forces said they had intercepted and destroyed the projectile.

World, Yemen Sep 15 2018

Iran's Khamenei blames Gulf states for military parade attack

DUBAI Iranian Supreme Leader Ayatollah Ali Khamenei accused U.S.-backed Gulf Arab states of carrying out an attack on a military parade that killed 25 people, almost half of them members of the country's elite Revolutionary Guards. | Video