Saudi Arabia

 Riyadh to host G20 Summit in November 2020

Saudi Arabia will host the 15th annual G20 Leaders’ Summit on November 21-22, 2020 in its capital Riyadh, Saudi press agency (SPA) said. "Saudi Arabia is fully committed to the G20’s objectives and to the stability and …

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Saudi Aramco receives record demand for debut bond

Saudi Aramco received more than $100 billion in orders for its maiden global bond. The bond sale is set to be the largest-ever in emerging markets and one of just a handful of times that a company anywhere in the world received more …

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Saudi Arabia threatens to ditch dollar oil trades

Saudi Arabia is threatening to sell its oil in currencies other than the dollar if Washington passes a bill exposing OPEC members to U.S. antitrust lawsuits, three sources familiar with Saudi energy policy said. They said the option had …

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Saudi Aramco named world's most profitable company

Saudi Aramco was the world's most profitable company in 2018 with net income of $111.1 billion, easily outstripping U.S. behemoths including Apple Inc. and Exxon Mobil Corp, Bloomberg reported with reference to Moody's Investors …

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German government extends Saudi arms sale ban

The German government said it would extend a ban on exporting arms to Saudi Arabia for a further six months. "The ban will be extended for a further six months to September 30. Over this period no new export applications will be …

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 Saudi Flynas to launch flights to Baku

Saudi Arabia's leading low-cost airline, Flynas, has announced plans to launch six new destinations for the summer season, including to Baku. New cities include Sarajevo in Bosnia and Herzegovina, Vienna in Austria, Trabzon in …

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How Saudi Arabia helps refugees

What proportion of the internally displaced that we see in the world today will become the vulnerable migrants and refugees of tomorrow?

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