ARAB TIMES – KUWAIT NEWS THE FIRST ENGLISH LANGUAGE DAILY IN FREE KUWAIT
John Kemp is a Reuters market analyst. The views expressed are his own. — Editor By John Kemp LONDON, Jan 29, (RTRS): Saudi Arabia has successfully defended its share of the US oil market even as rising domestic production from shale and growing pipeline imports from Canada have cut seaborne …
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IT, health care, tourism are priorities – Saudi Arabia presents plan to move beyond oil
RIYADH, Jan 25, (RTRS): Saudi Arabia outlined ambitious plans on Monday to move into industries ranging from information technology to health care and tourism, as it sought to convince international investors it can cope with an era of cheap oil. A meeting and presentation at a luxury Riyadh hotel was …
Read More »No sign Saudi Arabia will ride to oil market rescue – Reforms to reduce spending key to long-term oil policy
RIYADH/DUBAI, Jan 21, (RTRS): Low oil prices have pushed top exporter Saudi Arabia to hasten difficult economic reforms and cut spending on popular benefits, but it has few options beyond sticking with a strategy to defend its market share – no matter how low prices sink. A return of Iranian …
Read More »25 perish in Saudi hospital fire – 123 injured; HH Amir cables condolences to King Salman
RIYADH, Dec 24, (Agencies): A fire ripped through a hospital in Saudi Arabia on Thursday, killing at least 25 people and injuring 123, the authorities said. The blaze broke out in the intensive care unit and the maternity department of the Jazan General Hospital in the kingdom’s south, the civil …
Read More »Saudi Arabia forms ‘military coalition’ – Alliance comprises 34 countries
DUBAI/PARIS, Dec 15, (Agencies): A new Saudi-led Islamic alliance to fight terrorism will share information and train, equip and provide forces if necessary for the fight against Islamic State militants, Saudi Foreign Minister Adel al- Jubeir said on Tuesday. Saudi Arabia announced earlier on Tuesday the formation of a 34-nation …
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