Latest Saudi News

Saudi Arabia: Saudi oil production near record high in April

Oil Minister Ali al-Naimi says Saudi Arabia is producing near record levels of crude in April, underscoring the kingdom’s willingness to defend market share at a time when oil markets have staged a fragile recovery.

There are worries among some producers that growing output from Saudi Arabia and other members of the Organization of the Petroleum Exporting Countries (OPEC) could snuff out a recent rebound in oil prices, particularly with economic growth in key consumer China the slowest in six years in the first quarter.

OPEC had said its overall output surged to 30.79 million barrels per day in March, up 810,000 bpd from the previous month, with demand higher than expected due to lower prices.

Saudi Arabia: New university to solve problem of expats

FRUITFUL COOPERATION: Gammon Group Chairman Sheikh Rafik Mohammed with Prince Faisal bin Saud bin Musaed.

Realizing the decades-old dream of expat parents, a Saudi business group led by Prince Saud bin Musaed has taken the initiative to open an international university in Jeddah, offering degrees in engineering, automobile mechanics and business management.

The new university is a joint venture between Gammon Saudi Arabia and the Bangalore-based Bapuji Institute of Science & Technology,

Saudi Arabia: Over SR28 million water and electricity projects for EP

Water and Electricity Minister Abdullah Al-Hussayen.

Water and Electricity Minister Abdullah Al-Hussayen signed contracts with several companies for water and sewage projects in the Eastern Province. The three new contracts signed would incur a total cost of SR28.7 million.

Director General of Water in the Eastern Province Hamad bin Abdulrahman Al-Wabil said SR11 million would be spent on maintaining the water and sewage systems in Baqiq governorate over three years, which would be implemented by Siraco. 

Saudi Arabia: KACST Science, Technology week to begin Sunday

Extensive arrangements are being made by the King Abdul Aziz City For Science and Technology (KACST) for the Science and Technology week that begins in Riyadh Sunday.

The event, aimed at communicating with society and promoting interest in science, will be opened by Prince Turki bin Saud bin Mohammad, KACST president, at its headquarters. More than 30 pavilions will display various services and products.

Saudi Arabia: Saudi film producer takes on world cinema

London, Young Saudi businessman Ibrahim Dashishah has embarked on his filmmaking career in world cinema with a determination to create movies “that have a humane character and carry reformative messages in the English language.”

In less than a year, Dashishah has produced two films: Urban Hymn, which will take part in the BFI London Film Festival this October. “My objective is to convey positive messages to our societies as I have found films to be the best tool to do so.