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Saudi Arabia will "downscale" some Vision 2030 projects amid "challenges," minister says

Saudi finance minister said the kingdom was pleased with Vision 2030 progress, but would "change course" and "adjust" projects such as Neom as needed. Saudi finance minister Mohammed Al-Jadaan.WEFSaudi Arabia&.....»»

Category: personnelSource: nytApr 30th, 2024

MBS might be ready for some "tough conversations" about "recalibrating" Saudi Arabia"s Neom and Vision 2030 projects

Saudi Arabia's Cro.....»»

Category: smallbizSource: nytMay 14th, 2024

Saudi Arabia needs peace in the Middle East for its $500 billion Neom megaproject to succeed

Saudi Arabia has high hopes for its Vision 2030 projects such as Neom, but their long-term prospects will require an end to regional conflicts......»»

Category: worldSource: nytMay 7th, 2024

The Coronavirus Will Make A Mirage Of Saudi Arabia"s Vision 2030

The Coronavirus Will Make A Mirage Of Saudi Arabia's Vision 2030 Submitted by The New Arab, As Saudi Arabia struggles to salvage .....»»

Category: blogSource: zerohedgeMay 3rd, 2020

Russia fund says will continue to invest in Saudi Arabia: Al-Arabiya

Russia's sovereign wealth fund will continue to invest in Saudi Arabia's Vision 2030 development programme, the Saudi-owned Al-Arabiya channel on Monday cited the head of the fund as saying......»»

Category: topSource: reutersApr 13th, 2020

Aramco IPO proceeds to fund Saudi industry, including defense: finance minister

Saudi Arabia will pump the proceeds from last month's listing of oil giant Saudi Aramco into the local economy over several years, including building up the domestic defense industry amid tensions with Iran, its finance minister said on Tuesday......»»

Category: topSource: reutersJan 21st, 2020

Saudi Arabia says China has not yet asked for more oil amid tighter Iran sanctions

Saudi Arabia's energy minister Khalid al-Falih told Reuters on Thursday that China has "not yet" asked for more crude oil after the United States decided to end sanction waivers on Iranian oil imports that had permitted Beijing to keep buying from Tehran......»»

Category: topSource: reutersApr 25th, 2019

For Saudi Arabia, Deep and Lasting Ramifications for Khashoggi Debacle

Saudi Arabia's vision to move beyond oil by 2030 now feels deeply obscured. Ev.....»»

Category: europeSource: fortuneOct 19th, 2018

Saudis trumpet projects and deals as conference ends amid partial boycott

Saudi Arabia's investment conference wraps up with new deals and pledges to push ahead with projects aimed at divesting the economy from oil, despite a partial boycott of the event. Laura Frykberg reports......»»

Category: videoSource: reutersOct 25th, 2018

Vision 2030: Towards A New Saudi Arabia Or No Saudi Arabia?

Authored by Andrew Korybko via Oriental Review, Saudi Arabia clinched 37 deals worth $53 billion after announcing that it intends to attract upwards of $426 billion .....»»

Category: blogSource: zerohedgeFeb 8th, 2019

Saudi Arabia is desperately trying to convince everyone that Neom megaproject is going just fine

Saudi Arabia's economy minister told CNBC there was "no change in scale" for its Neom project. The planned des.....»»

Category: worldSource: nytApr 30th, 2024

Oil steady as OPEC Saudi minister urges production caution

At OPEC's meeting Saudi Arabia energy minister maintains cautious stance on oil production levels......»»

Category: topSource: foxnewsApr 1st, 2021

Playing US Politics: Saudi Arabia Targets Middle America

Playing US Politics: Saudi Arabia Targets Middle America Authored by Dr. James M. Dorsey via SouthFront.org, Amid Washington chatter about the future of US-Saudi relations, the kingdom has launc.....»»

Category: personnelSource: nytMar 25th, 2021

Saudi Arabia offers cease-fire to Iran-backed Houthi rebels in Yemen

"It is up to the Houthis now," Saudi Foreign Minister Prince Faisal bin Farhan told journalists. Yemen's Hou.....»»

Category: smallbizSource: nytMar 22nd, 2021

Stephen Bechtel Jr., steward of his family’s engineering firm, dies at 95

He led Bechtel for three decades, expanding an already sprawling operation with projects including the Channel Tunnel and Jubail Industrial City in Saudi Arabia......»»

Category: topSource: washpostMar 16th, 2021

Russia, Saudis deadlock over whether OPEC should boost crude output: WSJ

Saudi Arabia and Russia deadlocked Monday over whether their producers’ alliance should boost crude output amid a resurgent pandemic, delegates said after a day of talks ended without a deal......»»

Category: topSource: foxnewsJan 5th, 2021

Saudi Arabia is tripling its value-added tax rate in a plan to save $27 billion amid plummeting oil prices and the coronavirus

adznano3/Shutterstock Saudi Arabia is tripling its value-added tax (VAT) rate as part of its plan to save $27 billion amid a series of economic crises. VAT will.....»»

Category: topSource: businessinsiderMay 11th, 2020

US To Remove Patriot Missile Protection From Saudi Arabia Amid Oilpocalypse

US To Remove Patriot Missile Protection From Saudi Arabia Amid Oilpocalypse Petrodollar panic? As tensions between OPEC (cough - the Saudis - cough) and Washington rise over the supply (and price) of oil glob.....»»

Category: blogSource: zerohedgeMay 7th, 2020

Saudi cutting oil prices to Asia shows supply war isn’t over

Saudi Arabia might have just signed off on one of the most notable oil output deals in history, but challenges lie ahead as the kingdom faces keen competition from rival suppliers to the prized Asian market......»»

Category: topSource: moneycentralApr 15th, 2020

Saudi energy minister says effective global oil cuts above 19 million bpd

Saudi Arabia's energy minister said on Monday that effective global oil supply cuts would amount to around 19.5 million barrels per day, taking into account the reduction pact agreed by OPEC+, pledges by other G20 nations and oil purchases into reserves......»»

Category: topSource: reutersApr 13th, 2020

Saudi energy minister says effective global oil cuts at more than 19 million bpd

Saudi Arabia's energy minister said on Monday that effective global oil supply cuts would amount to about 19.5 million barrels per day taking into account the reduction pact agreed by OPEC+, pledges by other G20 nations and oil purchases into reserves......»»

Category: topSource: reutersApr 13th, 2020