OPEC oil ministers are widely expected to hold oil output to nearly 30 million barrels daily after Iran announced it will increase its oil output, reports CNBC's Steve Sedgwick.» Read More
Saudi Arabia is upset with the U.S. over Iran, but any move by that country is unlikely to broadly affect global energy markets.
More than 800,000 came to the U.S. for higher education in 2012, a record high fueled largely by an influx of Chinese students, U.S. data showed.
LONDON, Nov 11- Saudi Arabia is just about the only energy producer so far unaffected by the shale revolution.
*Saudi Fransi advising HMG, GIB Capital assisting Almana-sources. DUBAI, Nov 6- Two of Saudi Arabia's largest private hospital groups will seek to list their shares on the kingdom's bourse next year, banking sources aware of the matter said, aiming to capitalise on investor interest in the fast-growing healthcare sector.
Healthcare spending in Saudi Arabia is set to increase to around 174 billion riyals in 2017 from 68.7 billion in 2010, according to a November 2012 report from Riyadh- based NCB Capital.
*Politics degrade policy-making across Middle East. DUBAI, Nov 3- Foreign money is flowing into the parts of the Middle East which need it least as the Gulf becomes a major destination for global portfolio investors and political instability deters investment elsewhere in the region.
DUBAI, Nov 3- The Islamic Development Bank will set up a $10 billion sukuk issuance programme on the Nasdaq Dubai exchange, a boost to Dubai's efforts to become a top centre for Islamic finance in competition with other cities.
*In final stages of acquisition in Britain. RIYADH, Oct 29- Saudi Arabia's Al Tayyar Travel Group, a major tourism company in the region, expects earnings to grow about 25 percent next year, aided by Saudi government spending and a planned acquisition in Britain, its top executive said.
DUBAI, Oct 28- Morgan Stanley Inc is seeing a resurgence in investment banking activity in the Gulf Arab region and expects an end to large-scale retrenchments by global lenders as financial markets improve, senior executives at the bank told Reuters.
RIYADH, Oct 28- The supply of housing in Saudi Arabia may lag demand for at least the next five years, creating lucrative opportunities for developers who can benefit from rapid population growth and a new mortgage law, the chairman of the kingdom's largest listed developer said.
Corporate investment and tourist arrivals have shrunk while unemployment and inflation have risen since the overthrow of Tunisia's autocratic leader Zine al-Abidine Ben Ali in January 2011 launched a protracted period of political tensions.
Saudi women are planning to get behind the wheel on Saturday, defying a stern warning by the Kingdom's ministry of interior and pressing for change in the world's last male-only driving nation.
New reports suggest the U.S. decision not to intervene in Syria, coupled with our relationship with Iran has infuriated Saudi Arabia. Michael Rubin, American Enterprise Institute, and radio show host John Batchelor, discuss whether President Obama understands the situation clearly.
Signs of friction have caught the attention of the oil market, but traders aren't concerned about supply issues for now.
NEW YORK, Oct 22- Gold surged on Tuesday after weaker-than-expected U.S. jobs creation in September boosted the precious metal's safe haven edge, while the dollar's sharp fall against the euro lifted other commodities priced in the U.S. currency.
*Riyadh to shift away from U.S. over Syria- source. LONDON, Oct 22- Brent crude oil rose above $110 per barrel on Tuesday, pulling its premium above U.S. light crude to the widest in six months, after news of a deterioration in relations between the United States and key OPEC oil producer Saudi Arabia.
LONDON, Oct 22- Brent crude oil rose above $110 per barrel on Tuesday, pulling its premium above U.S. light crude oil to its widest in six months, after reports of a deterioration in relations between the United States and key OPEC oil producer Saudi Arabia.
MADRID, Oct 21- U.S. software billionaire Bill Gates has bought 6 percent of Spanish construction company FCC for 113.5 million euros, the company said in a statement on Monday. The sale price was at Friday's closing price of 14.9 euros per share, FCC said.
WASHINGTON, Oct 17- Forty years after an Arab oil embargo throttled the U.S. economy, surging North American energy production has brought the United States closer to a long-dreamed "energy independence" that is reshaping its goals and role in the Middle East.
LONDON, Oct 16- China's likely sale of sophisticated missiles to Turkey over the objections of its NATO allies might have angered Washington and other capitals, but it should not have been a surprise. China has tended to follow Russia's lead on the Middle East, sometimes appearing sidelined on issues such as Syria.