Saudi Arabia

Saudi Court Sentences 15 to Death for Spying for Iran

DUBAI, Dec 6  – A Saudi court on Tuesday sentenced 15 people to death for spying for the kingdom’s arch-enemy, Iran, Saudi-owned media reported, in a ruling that could further stoke tension between the two rival powers. The Specialised Criminal Court in Riyadh sentenced 15 other suspects to prison terms ranging from six months to

[ Read More ]

British PM Heads to Bahrain to Cement Gulf Ties Before Brexit

LONDON, Dec 5 – Prime Minister Theresa May will travel to Bahrain this week for a meeting of the Gulf Cooperation Council that she hopes will cement stronger ties with Middle Eastern countries as Britain leaves the European Union. May, who was appointed prime minister shortly after Britain voted to leave the EU at a

[ Read More ]

McDonald’s Sells Singapore, Malaysian Franchise to Saudi Group

Dec 2 – McDonald’s Corp said on Friday it had sold the franchise rights for its restaurants in Singapore and Malaysia to Saudi Arabia’s Lionhorn Pte Ltd as part of a plan to move away from direct ownership in Asia. The fast-food chain said it transferred its ownership interest in 390 restaurants, more than 80

[ Read More ]

Saudi Aramco Inaugurates $800 mln Cultural Center in Dhahran

By Reem Shamseddine DHAHRAN, Dec 2- Saudi Aramco opened an $800 million cultural center in Dhahran on Thursday, underlining the wide range of commitments the world’s biggest oil company has made as the kingdom tries to transform its economy. Saudi Arabia’s sweeping plans to reduce its dependence on oil revenue involve boosting the private sector

[ Read More ]

Shamoon Virus Returns in New Saudi Attacks After 4-Year Hiatus

By Jim Finkle Dec 1 – A version of Shamoon, the destructive computer virus that four years ago crippled tens of thousands of computers at Middle Eastern energy companies, was used two weeks ago to attack computers in Saudi Arabia, according to U.S. security firms. CrowdStrike, Palo Alto Networks Inc and Symantec Corp. warned of

[ Read More ]

Saudi Arabia’s Prince Al Waleed Bin Talal Calls for “Urgent” End to Ban on Women Driving

Saudi Arabia’s Prince Al Waleed Bin Talal called for an “urgent” end to the country’s ban on women driving. The prince tweeted on his official Twitter account saying: “Stop the debate: Time for women to drive.”   كفى نقاش: حان وقت قيادة المرأة للسيارةhttps://t.co/BBgyF8i1Gs Stop the debate: Time for women to drivehttps://t.co/6KAniFa4BT — الوليد بن

[ Read More ]

Saudi Signals Compromise For Iran as OPEC Debates Output Cut

By Ahmad Ghaddar, Alex Lawler and Rania El Gamal VIENNA, Nov 30 – Saudi Energy Minister Khalid al-Falih said on Wednesday OPEC was close to clinching a deal to limit oil output, adding Riyadh was prepared to accept “a big hit” on its own production and agree to arch-rival Iran freezing output at pre-sanctions levels.

[ Read More ]

OPEC Begins Debate On Oil Cuts Amid Deep Disagreement

By Rania El Gamal and Alex Lawler VIENNA, Nov 30 – OPEC began on Wednesday debating a deal to curtail oil production in an effort to prop up the price of crude, with Iran and Iraq resisting pressure from Saudi Arabia to participate fully in any action. Ministers from the Organization of the Petroleum Exporting

[ Read More ]