(Reuters) – U.S. Energy Secretary Jennifer Granholm will visit Saudi Arabia and the United Arab Emirates next week to work on “climate co-operation” and other issues, two Biden administration officials told Reuters on Friday. The visit will run from Tuesday through Thursday, with Granholm visiting the UAE first, one of the officials said. It will […]
Crossing the Line Saudi Arabia is working on a comically colossal skyscraper, called “The Line,” that aims to stretch across 105 miles of desert and tower over the Empire State Building. And that’s only one part of an even greater ambition, the world’s largest construction project simply called “Neom.” Unsurprisingly, The Line is already turning […]
(Bloomberg) — The head of Saudi Arabia’s new investment fund for semiconductor and artificial intelligence technology said the country would divest from China if it were asked to do so by the US. Most Read from Bloomberg “So far the requests have been to keep manufacturing and supply chains completely separate, but if the partnerships […]
(Bloomberg) — Saudi Arabia raised the price of its flagship crude to Asia for a third consecutive month, as the kingdom tries to tighten the oil market to prevent a global surplus. Most Read from Bloomberg State-owned Saudi Aramco raised the June official selling price of Arab Light crude for customers in Asia by 90 […]
By Humeyra Pamuk, Alexander Cornwell and Matt Spetalnick WASHINGTON/DUBAI (Reuters) – The Biden administration and Saudi Arabia are finalizing an agreement for U.S. security guarantees and civilian nuclear assistance, even as an Israel-Saudi normalization deal envisioned as part of a Middle East “grand bargain” remains elusive, according to seven people familiar with the matter. A […]
By Timothy Gardner and Jonathan Landay WASHINGTON (Reuters) – A Democratic U.S. senator on Wednesday urged President Joe Biden to include strict nonproliferation safeguards in any nuclear power deal with Saudi Arabia that might come as part of a potential normalization of relations agreement brokered by Washington between the kingdom and Israel. The Biden administration […]
JERUSALEM (AP) — Saudi Arabia confirmed in a letter to the United Nations that a female fitness instruction who was popular online received an 11-year prison sentence but did not specify any of her alleged “terrorism offenses.” Though the kingdom insisted the case had nothing to do with the instructor’s online presence, human rights activists […]
Secretary of State Antony Blinken will travel to Saudi Arabia next week to meet with regional partners as talks between Israel and Hamas remain deadlocked, the State Department announced Saturday. “The Secretary will discuss ongoing efforts to achieve a ceasefire in Gaza that secures the release of hostages and how it is Hamas that is […]
Saudi Arabia just took its Neom road show to China. Neom officials visited Beijing, Shanghai, and Hong Kong to court Chinese investors. No deals were announced, but one attendee said the event helped demystify the futuristic project. Saudi Arabia took its Neom road show to China amid speculation about the scope of the project and […]
(Bloomberg) — Saudi Arabia will need a higher oil price than previously thought this year as the OPEC+ leader spearheads the group’s production cuts, according to the International Monetary Fund. Most Read from Bloomberg Riyadh will require an average oil price of $96.20 a barrel to balance its budget, assuming it holds crude output steady […]
ISLAMABAD (AP) — Pakistan’s prime minister called for closer cooperation between Saudi Arabia and his cash-strapped Islamic nation to enhance Saudi investment in his country, a government statement said Tuesday. Shehbaz Sharif made his remarks during a meeting with Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan who arrived Monday in the capital, Islamabad, to […]
A ‘male’ humanoid robot appeared to inappropriately touch a female reporter during a presentation. Named ‘Muhammad,’ it is Saudi Arabia’s first humanoid male robot. Muhammad is “fully autonomous” and did not deviate from his “expected behavior,” the makers said. A Saudi robotics company’s unveiling of a “male” humanoid robot didn’t go as planned after it […]