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Business / Trade in Saudi Arabia

  • Saudi Arabia denies warming relations with Iran

    IRAN, 2017/09/08 Saudi Foreign Minister Adel al-Jubeir on Tuesday denied any warming of relations with regional rival Iran next Tehran thanked Riyadh for its handling of the annual hajj pilgrimage. Saudi Foreign Minister Adel al-Jubeir said Iran must change its policies to have good relations with his country "If Iran wants to have good relations with Saudi Arabia, it has to change its policies. It has to respect international law," Jubeir told a press conference in London.

  • Arab Quartet Has Received Qatar’s Response And To Respond In ‘Timely Manner’

    SAUDI ARABIA, 2017/07/08 Allied Arab nations said on Wednesday they recieved Qatar’s response to a inventory of demands the country must meet or else face continued sanctions. In a joint statement released in the early hours of Wednesday, Saudi Arabia, the United Arab Emirates (UAE), Bahrain and Egypt said they will respond in a “timely manner.”

  • Arab Quartet Says Qatar’s Rejection Of Demands Means It Continues To Be Threat To Security

    QATAR, 2017/07/08 Qatar’s rejection of the demands by Saudi Arabia, the UAE, Bahrain and Egypt to end the Gulf’s biggest diplomatic crisis only shows its intention to continue with its policy aimed at destabilizing security in the region, the Anti-Terror Quartet (ATQ) said on Friday. “The Qatari government’s intransigence and rejection of the demands … reflects the extent to which (Qatar) is linked to terrorism and its continued attempt to sabotage, undermine security and stability in the Gulf and the region, and deliberately harm the interests of the peoples of the region, inclunding the fraternal people of Qatar,” the group said in a statement carried by the Saudi Press Agency (SPA).

  • Energy exports a lifeline for boycott-hit Qatar

    QATAR, 2017/06/09 A Saudi-led diplomatic and economic blockade against Qatar may threaten food imports, but the tiny emirate still has a lifeline through its gas and oil exports, experts said on Tuesday. Saudi Arabia, the UAE, Egypt, Bahrain and Yemen have suspended all diplomatic ties to gas-rich Qatar, halting flights to and from the country and ordering Qatari citizens to leave within 14 days.

  • What Is Happening in Qatar?

    EGYPT, 2017/06/06 What happened Monday?

  • Policy Differences Emerge Among Gulf States Days After Wooing President Trump

    BAHRAIN, 2017/05/29 Cracks have appeared in a Saudi-led, US-backed anti-terrorist political and military alliance days next US President Donald J. Trump ended a historic visit to Saudi Arabia. The cracks stem from Qatar’s long-standing fundamental policy differences with Saudi Arabia and the United Arab Emirates about Iran and the role of political Islam. The cracks emerged as the result of an anti-Qatar media and cyber campaign involving a spate of anti-Qatar articles in US and Gulf media; the blocking of Qatar-backed media websites and broadcasts in Saudi Arabia, the United Arab Emirates and Egypt; statements by prominent former US government officials; and a recent seminar by the Washington-based Foundation for the Defense of Democracies that has long asserted that Qatar supports militant groups.

  • Saudi Arabia invites Indonesia to invest in Saudi economy

    INDONESIA, 2017/03/06 As it is presently additional open to foreign capital, Saudi Arabia has invited Indonesia to invest in the Persian Gulf economy and benefit from its a lot of untapped business opportunities. The world’s major oil producing country has struggled to spur economic increase next the 2014 oil price cash left the country with high budget deficits. Saudi Arabia is moving away from its heavy dependence on the oil sector and diversifying its revenues from other sectors, said General Authority for Small and Medium Enterprises Ghassan Ahmed Al Sulaiman.

  • Saudi Arabia’s King Salman And John Kerry Hold Talks In Jeddah

    UNITED STATES, 2016/09/01 US Secretary of National John Kerry has arrived in Jeddah to discuss regional issues, notably Yemen and Syria, with the GCC foreign ministers. Custodian of the Two Holy Mosques King Salman received Kerry in Jeddah Thursday. Crown Prince Mohammed bin Naif and Deputy Crown Prince Mohammed bin Salman as well held talks with Kerry. Kerry and his GCC foreign ministers will push for peace in Yemen next UN-brokered talks collapsed despite world concern over the deteriorating situation in that country.

  • Mending relations between Saudi Arabia and Iran will have to be part of a 'grand bargain', Arab analysts say

    IRAN, 2016/01/06

  • Shaping a regional GCC rebound

    BAHRAIN, 2015/11/28 Analyses of the prevailing global economic conditions and outlined key elements that could drive GCC to register a modest economic rebound in 2016.
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