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...China is the largest customer of Saudi oil, purchasing 86mn tonnes of the fuel last year, part of which observers estimate, based on data from the People’s Bank of China, is settled in renminbi....
...Later on Tuesday, US national security adviser Jake Sullivan said Washington remained focused on securing an agreement that led to Saudi Arabia normalising relations with Israel as part of its plans for...
...Western countries have clashed with Saudi Arabia over the role the kingdom should play in helping to kick-start a UN fund to help poorer countries deal with the loss and damage of climate change....
...The transaction was “a continuation of Saudi Arabia’s long-term initiatives to boost and diversify the national economy and expand investment opportunities in line with Saudi Vision 2030”, he added....
...Scores of multinationals have heeded Riyadh’s ultimatum to establish regional headquarters in Saudi Arabia or face losing out on lucrative government contracts, but leading banks have been conspicuous by...
...“The statement was a response to media reports and the lack of clarity in US statements that infer that Saudi Arabia is excessively flexible on this. It is not.”...
...The heads of consulting giants McKinsey and BCG told US lawmakers on Tuesday that their employees in Saudi Arabia could face jail if the firms handed over details of their work for the country’s sovereign...
...Last month the chief of Saudi Arabia’s sovereign wealth fund struck the gong of the Hong Kong stock market....
...with Saudi Arabia....
...step up a probe into Saudi Arabia’s use of “soft power” in the US....
...At the launch of the Hong Kong chapter of the Saudi Arabia-China Entrepreneurs Association in July this year, John Lee, Hong Kong’s chief executive, said he wanted to make strengthening relations with Saudi...
...The UN climate summit was locked in eleventh-hour negotiations on Tuesday after the majority of countries present clashed with Saudi Arabia and other oil-producing nations over whether to commit to the phaseout...
...Saudi Arabia and its royal family spent more than $600,000....
...Saudi Arabia in the installation and operation of its communications logistics....
...A group of 20 Democratic senators sent a letter to US President Joe Biden on Wednesday, outlining significant concerns about his administration’s efforts to normalise relations between Saudi Arabia and Israel...
...The deal is the latest in a long line of investments in the luxury hospitality sector by the PIF, as part of a push by the fund to diversify Saudi Arabia’s economy away from fossil fuels....
...After months of speculation, Saudi Arabia’s designation as host of the 2034 men’s football World Cup was confirmed via the Instagram account of Gianni Infantino, Fifa’s divisive president....
...follows Federal Reserve or Bank of England meetings)....
...“Everywhere you look in Saudi Arabia, you can see growth and progress and I’m excited to be part of that,” Nadal said....
...It was viewed favourably by those supportive of Spain’s strong trade ties with Saudi Arabia, but seen more sceptically by others wary of STC’s intentions....
...That is because PIF has sued the firms in Saudi Arabia to prevent them handing over sensitive documents, and threatened the firms’ employees with imprisonment if they do so....
...Haniyeh’s words highlighted the weakness of the Israeli army and state in that moment but — coming amid the talk of normalisation between Israel and Saudi Arabia — it also worked as a veiled threat to Arab...
...Blinken’s trip to Saudi Arabia will be followed by stops in Egypt, Qatar, Israel and the West Bank, as the US secretary of state tries to advance talks for an end to the four-month-long Israel-Hamas war...
...Saudi Arabia led Opec+ into cutting production last year as oil prices dropped from highs of about $120 a barrel, sparked by Russia’s full-scale invasion of Ukraine last year and the post-pandemic global...
...Blinken’s trip to Saudi Arabia will be followed by stops in Egypt, Qatar, Israel and the West Bank, as the US secretary of state tries to advance talks for an end to the Israel-Hamas war and secure the release...
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