Biden should rethink "do-no-harm" policy as Middle East countries work through differences
Although investments in renewable energy are increasing in the MENA region, Ahmed Ali Attiga from Arab Petroleum Investments Corporation (APICORP) says oil investments in the region will continue to be a key driver of growth.
Saudi Arabia's behemoth oil producer also maintained its dividend, with $18.8 billion due to be paid out in the second quarter.
More Saudi women are joining the workforce, according to a Brookings Institution report that said their participation rate rose from 20% to 33% in two years.
Saudi Arabia Crown Prince Mohammed bin Salman says the country is in discussions with a "leading global energy company" on the sale of a 1% stake in Saudi Aramco. CNBC's Hadley Gamble and Dan Murphy report.
Saudi Aramco was the world's biggest IPO when it went public in December 2019, and listed around 1.5% of its shares on the local stock exchange, the Tadawul.
The Saudi Tadawul Group's CEO expects a "historic" pipeline of IPOs in the kingdom this year.
Gen. Yousef Huneiti, the army chief of staff, denied reports that Jordan's Prince Hamzah was arrested.
The ongoing coronavirus crisis continues to cloud the outlook, and analysts expect this to reaffirm Saudi Arabia's caution about the global economic recovery.
Saudi Arabia has announced that oil giant Saudi Aramco and petrochemical firm SABIC will fund most of a 5 trillion riyal private sector investment plan.
Goldman Sachs has named the stocks – and countries – it expects to benefit from a jump in crude prices.
Last month, Biden announced the end of U.S. support for offensive operations in Yemen.
Saudi Arabia announced a plan to offer Yemen's Houthi rebels a cease-fire in the country's years long war and allow a major airport to reopen in its capital.
Herman Wang from S&P Global Platts discusses Saudi Aramco's upcoming earnings release and what it could mean for oil markets.
Pavel Molchanov of Raymond James & Associates says, if Saudi Aramco chooses to pursue a second listing, it "almost certainly" will not be in New York because the politics of dealing with Saudi Arabia in the U.S. in a post-9/11 era is too complicated to manage. He also weighs in on the oil demand outlook.
Saudi Aramco also said it expects to cut capital expenditure in the year ahead, and lowered its guidance for spending.
Pure Harvest Smart Farms grows fruits and vegetables in greenhouses in the UAE desert, and has partnerships to do the same in Saudi Arabia and Kuwait.
Families with school-aged children, shouldn’t bank on spending time this summer in the countries that are relaxing travel requirements for vaccinated people.
JTD Energy Services' John Driscoll discusses whether oil at $70 a barrel is sustainable and what OPEC's exit strategy looks like.
President Joe Biden ended support for offensive operations in Yemen in a bid to end the war there, but one political analyst says that might make things worse.