Even though much water has flown down the Persian Gulf during the blockade one has witnessed a dignified closure of the conflict even if the GCC mechanism for resolution of such future conflicts remains only in the clauses.
Reliance-Saudi Aramco deal: The deal will allow Reliance Industries to get a strong foothold in the petrochemicals market that is expected to touch $1 trillion by 2025.
Saudi Arabia's powerful deputy crown prince flew to the United States on Monday for meetings with US President Barack Obama and U.N. Secretary-General Ban Ki-moon, Saudi media reported.
Saudi Arabia denies providing any support for the 19 hijackers most of whom were Saudi citizens who killed nearly 3,000 people in the Sept. 11 attacks.
India today said it has offered Saudi Arabia a stake in the mega oil refinery and petrochemicals project proposed in coastal Maharashtra at an estimated cost of Rs 1.5 trillion.
The timing is also significant because Monday is the first day of the Muslim fasting month of Ramadan, when business and government activity in the conservative Islamic kingdom have historically...
UN Secretary-General Ban Ki-moon has placed the Saudi-led military coalition supporting Yemen's government on an annual blacklist over the deaths of hundreds of children in airstrikes.
Iran's foreign minister said today that Tehran had no intention of leaving Iraq and criticised "arrogant" Saudi Arabia for accusing it of stoking sectarian violence.
Uber has raised $3.5 bn from Saudi Arabia's sovereign wealth fund, the US ride-hailing service said on Wednesday, gaining a crucial partner in its expansion into the Middle
Saudi Arabia sentenced 14 people to death for terrorism on Wednesday after they were convicted of attacks on police in the Shi'ite Muslim minority area of Qatif in Eastern Province, scene of past anti-government protests, the
It is increasingly worried, too, that US support can no longer be taken for granted, as the superpower seeks to balance-out its regional policy by engaging Iran and ...
SPA gave no details on the target or the type of missile used. However, the agency said the Saudi-led coalition warned it would not sit idle against any further violations of the truce, which began on April 10.
The company pumped an average of 10.2 million barrels per day in 2015, a new all-time record. Its exports averaged 7.1 million bpd, up from around 6.8 million bpd in 2014.
Saudi's offers of more oil come after it recently completed maintenance programmes that had reduced supplies from some fields during the second quarter, traders said.
But Saudi hajj ministry undersecretary Hussein Sharif said the kingdom and its leadership "welcome pilgrims from all around the world".
The two sides discussed "arrangements, as well as organisation and services" for pilgri
The participation of tens of thousands of young Saudis in a social media debate over plans to reform the kingdom's oil-reliant economy last month marked a shift in how Riyadh's conservative rulers interact with their subjects
General Electric Co. made a series of deals with Saudi Arabia worth over $1.4 billion as part of the kingdom's ambitious plan to wean itself off crude oil.
The plan to build a financial district from scratch was viewed by Saudi Arabia's neighbours as among the glossiest excesses of the kingdom's oil boom profligacy...
Foreign holdings of U.S. Treasury securities rose in March, with the Treasury Department revealing for the first time in four decades how much Saudi Arabia owns.
Iran has failed to reach agreement with Saudi Arabia on arrangements for its pilgrims to join the annual hajj in September following the severing of ties, its culture minister said today.
Saudi Arabia's state-owned oil giant Aramco is seeking to expand globally via joint ventures overseas as it prepares for a partial privatisation pushed by a government intent on diversifying the economy.
The JV is responsible for developing the facilities and infrastructure at the park set in Riyadh, as well as training and employing up to 21,000 Saudi women
Saudi Arabia's oil output will edge up close to record highs in coming weeks to meet summer demand for power but is unlikely to be pushed to the limit and flood global markets, Saudi-based industry sources said.