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Business Saudi Arabia

  • People look at cars at the North American International Auto Show in Detroit, Michigan, January 15, 2018.

    New fuels and engine designs are making internal combustion engines greener than ever, Saudi Aramco's Ahmad Al Khowaiter argues.

  • Making gas-powered cars more efficient will play a bigger part in reducing emissions than electric vehicle sales, Saudi Aramco's CTO says.

  • President Donald Trump in the Roosevelt Room at the White House, on January 11, 2018.

    Trade groups and foreign governments stayed at or held events at properties linked to the President, according to think tank Public Citizen.

  • *Qatar denies UAE allegation that it intercepted plane. *Dubai's Emaar Properties falls but Deyaar up in heavy trade. DUBAI, Jan 15- Saudi Arabian stocks continued rising on Monday on signs that Riyadh's crackdown on corruption is nearing completion, while Qatar's bourse fell steeply after the United Arab Emirates said Qatari fighter jets intercepted an...

  • DUBAI, United Arab Emirates— The United Arab Emirates claimed Qatari fighter jets intercepted two of its commercial airliners in international airspace on the way to Bahrain, allegations denied by Qatar. The claims Monday could further escalate tensions between Qatar and the four Arab nations that have been boycotting it for months, among them the UAE, home to...

  • Saudi Prince Alwaleed bin Talal.

    Prince Alwaleed bin Talal, detained for over two months, is negotiating a possible settlement, a senior Saudi official said.

  • ABU DHABI/ KHOBAR, Saudi Arabia, Jan 13- Saudi Binladin Group said on Saturday some shareholders in the construction giant might transfer part of their holdings to the state in a settlement with authorities, which detained several members of the founding family in an anti-graft drive. Family-owned SBG, which had more than 100,000 employees at its height, is the...

  • JEDDAH, Jan 11- Women flocked to Le Mall in Jeddah on Thursday to check out the kingdom's first car exhibition aimed at women, a few months after Saudi Arabia granted them the right to drive. In a decree issued in September, King Salman ordered by June an end to the ban on women drivers, a conservative tradition that has limited women's mobility and been seen by rights...

  • JEDDAH, Jan 11- Women flocked to Le Mall in Jeddah on Thursday to check out the kingdom's first car exhibition aimed at women, a few months after Saudi Arabia granted them the right to drive. In a decree issued in September, King Salman ordered by June an end to the ban on women drivers, a conservative tradition that has limited women's mobility and been seen by rights...

  • JEDDAH, Jan 11- Women flocked to Le Mall in Jeddah on Thursday to check out the kingdom's first car exhibition aimed at women, a few months after Saudi Arabia granted them the right to drive. In a decree issued in September, King Salman ordered by June an end to the ban on women drivers, a conservative tradition that has limited women's mobility and been seen by rights...

  • JEDDAH, Jan 11- Women flocked to Le Mall in Jeddah on Thursday to check out the kingdom's first car exhibition aimed at women, a few months after Saudi Arabia granted them the right to drive. In a decree issued in September, King Salman ordered by June an end to the ban on women drivers, a conservative tradition that has limited women's mobility and been seen by rights...

  • A construction worker walks past the site of a crane collapse that killed over a hundred on Friday inside the Grand Mosque in the holy city of Mecca, Saudi Arabia, Tuesday, Sept. 15, 2015. Saudi Arabia has in part blamed the construction giant Saudi Binladin Group for the collapse.

    Saudi Arabia is taking managerial control of Saudi Binladin Group, while the company's chairman and other family members are in detention.

  • *Shortlist does not include Tokyo, Singapore, Toronto. DUBAI/ LONDON, Jan 11- Saudi Arabia has shortlisted New York, London and Hong Kong- singly or in a combination of two or even all three- for the international portion of the listing of national oil company Aramco, two sources with knowledge of the discussions said. The shortlist means Tokyo, Singapore and Toronto...

  • RIYADH/ DUBAI, Jan 11- Saudi Arabia is taking managerial control of Saudi Binladin Group and discussing a possible transfer of some of the giant construction group's assets to the state while its chairman and other family members are in detention, sources told Reuters. Binladin, which had over 100,000 employees at its height, is the biggest builder in the country...

  • Thousands of guests at some of Las Vegas' casino-hotels also can get towels, food and toiletries delivered with just a few taps on their smartphone. "The hotel brands or the casino brands are trying to make themselves evolve to become more relevant to a younger audience that is highly technologically enabled," said Robert Rippee, director of the Hospitality Lab at...

  • Oil prices are trading at highs not seen since December 2014, shortly after the market tanked as OPEC refused to cut output.

  • An worker on offshore oil rig 'Marjan 2' in March 2003, located in the Persian Gulf, Saudi Arabia.

    Saudi Aramco is working to secure billions of dollars in cheap loans, banking and export credit agency (ECA) sources said.

  • Oil worker Ohio

    U.S. oil output will average 10.8 million barrels a day in 2019, the Energy Information Administration forecast.

  • Iran and Saudi Arabia are going through a 'parallel' process. Here's why: NYT's Tom Friedman

    Thomas Friedman, The New York Times, shares his thoughts on what's trigging unrest in Iran and why it is similar to political uncertainty in Saudi Arabia.

  • Attendees walk by a sign for the Saudi Arabian Oil Co.

    Goldman Sachs and Citigroup are poised to take a major role in the sale of a portion of oil giant Saudi Aramco, according to reports.