Latest in Saudi Oil Giant
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Over 100 women's soccer players protest FIFA deal with Saudi oil giant Aramco
Former U.S. national team captain Becky Sauerbrunn and Netherlands forward Vivianne Miedema are among more than 100 women’s soccer players who have signed an open letter protesting FIFA’s ...Sports - ABC News - October 21 -
Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15% from a year earlier
Saudi Arabian oil giant Aramco has reported third-quarter profits of $27.5 billion, down about 15% from last year as low oil prices ate into its revenuesWorld - ABC News - 4 hours ago -
Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console
Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo's gaming business.Business - CNBC - 5 hours ago -
Oil giant Saudi Aramco posts 15% drop in third-quarter profit but maintains dividend
Lower global oil prices, weaker demand and prolonged OPEC+ production cuts led by Saudi Arabia continue to impact crude prices.Business - CNBC - 4 hours ago -
Saudi Aramco Profit Falls on Oil-Price Weakness
The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 billion.Business - The Wall Street Journal - 5 hours ago -
Women footballers urge Fifa to end Saudi oil deal
More than 100 professional women's footballers sign an open letter urging Fifa to end a sponsorship deal with Saudi oil giant Aramco.Top stories - BBC News - October 21 -
Wall Street Financiers Queue Up for a Chance at Billions in Saudi Oil Cash
Are you an international business titan on the hunt for billions of dollars of Saudi oil cash? Prepare for “a mind game.”Business - The New York Times - 1 hour ago -
Why Saudi Arabia may ‘open the spigot’ on oil production — and crater crude prices
The possibly that Saudi Arabia will lift the “floodgates” on its oil production has climbed in recent weeks, fueled by ”deteriorating cohesion” among the group of major oil producers known as ...Business - MarketWatch - October 14 -
Saudi oil and betting firms? Women’s football must not lose its moral compass | Suzanne Wrack
Investment is needed to maintain growth but recent deals go against the values women’s game has worked hard on. Women’s football, the business, is on the rise. There will be ups and downs, ...World - The Guardian - 40 minutes ago -
BP shares fall to lowest since 2022 after sharp drop in the oil major's third-quarter profit
British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices.Business - CNBC - 6 days ago -
Oil giant Shell posts $6 billion profit beat, launches new share buyback program
British oil giant Shell on Thursday posted a small year-on-year drop in third-quarter profit as a sharp drop in crude prices was offset by higher gas sales.Business - CNBC - 4 days ago -
The Saudi factories powered by women
A surge in female labour force participation has emerged as a bright spot for the kingdomWorld - Financial Times - October 28 -
Saudi Arabia tightens its belt
After eight years of whirlwind construction activity and unprecedented spending, the kingdom’s new watchword is prudenceBusiness - Financial Times - October 16 -
Saudi Arabia’s Push Into Tennis Stalls
Months of discussions between Saudi sports leaders and tennis executives have led to almost no progress on a potential tournament in the country.Sports - The New York Times - October 16 -
Trump: Saudi crown prince 'a great guy'
Former President Trump says the Crown Prince of Saudi Arabia, Mohammed bin Salman, who faces unrelenting criticism over his government's human rights record, is a “great guy.” “I think it’s fine ...Politics - The Hill - October 21 -
How would a President Harris deal with Saudi Arabia?
As president, Harris would need to engage with Saudi Arabia or take a conscious — and momentous — decision not to do so.Politics - The Hill - 6 days ago -
At a Glitzy Saudi Investment Forum, Almost No Mention of War
Saudi Arabia and its Gulf neighbors are seeking to reassure foreign investors that it’s still safe to do business amid the turmoil around the Mideast.Business - The New York Times - 5 days ago -
Will Women’s Tennis Find ‘Stability’ in Saudi Arabia?
The WTA Finals are taking place in a country that has been heavily criticized for its human rights record.Sports - The New York Times - 4 days ago -
Oil prices drop over 4% after report Israel won’t target Iran’s oil facilities
Oil futures dropped by more than 4% on Tuesday, with U.S. and global benchmark prices settling at their lowest in about two weeks after a report that Israel will not attack key oil facilities in Iran.Business - MarketWatch - October 15 -
Oil prices drop over 6% after Israeli airstrikes spare Iran’s oil facilities
Oil futures fell sharply Monday, with U.S. and global benchmark crude posting the largest one-day percentage decline in over two years after widely anticipated Israeli airstrikes against Iran did ...Business - MarketWatch - October 28 -
OPEC extends oil output cuts
The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas ...Politics - The Hill - 18 hours ago -
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A Saudi cartoonist has been sentenced to 23 years in prison, activists say
A Saudi cartoonist who once drew for a Qatari newspaper as a yearslong diplomatic crisis engulfed Doha has been sentenced to 23 years in prisonWorld - ABC News - October 15 -
Accel-backed Jetapult invests $4.5M in Saudi Arabian game studio UMX
UMX, a game studio based in Saudi Arabia, has raised $4.5 million from Jetapult, an investment company backed by Accel Partners.Tech - VentureBeat - October 14 -
Human rights groups condemn EU summit with Saudi crown prince
Mohammed bin Salman attends Brussels meeting six years after the murder of Jamal Khashoggi. Human rights activists have condemned the EU’s decision to host the Saudi crown prince, Mohammed bin ...World - The Guardian - October 16 -
Saudi cartoonist jailed for 23 years for insulting leaders, group says
A Saudi court has sentenced a cartoonist to more than two decades in prison for insulting the kingdom's rulers, his family and a rights group say.Top stories - CBS News - October 16 -
Iraq Suspends the Saudi-Owned MBC Channel After Protesters Storm Office
The action came after the channel aired a report describing a number of leaders of Iranian backed armed groups as terrorists.World - The New York Times - October 20 -
How Newcastle’s Saudi takeover ripped the £8bn-a-year Premier League in two
Three years after Saudi Arabia bought Newcastle United FC, only now are the full seismic consequences hitting home for English football.Sports - Yahoo Sports - October 20 -
Women's stars urge FIFA end Saudi Aramco deal
A group of over 100 professional women's footballers on Monday sent an open letter to FIFA urging the world governing body to end its partnership with oil and gas conglomerate Saudi Aramco.Sports - ESPN - October 22 -
Top female footballers urge Fifa to end deal with Saudi ‘nightmare sponsor’
Letter to governing body accuses Saudis of using sports to ‘distract from the regime’s brutal human rights reputation’. More than 100 professional female footballers have signed a letter calling on ...World - The Guardian - October 21 -
Premier League will not review Saudi Newcastle deal after Bin Salman claims
State’s de facto leader allegedly approved 2021 takeover Premier League believes its rules have not been broken The Premier League sees no reason to review the legality of Newcastle United’s ...World - The Guardian - October 21 -
Blinken Pursues Regional Tour as Mideast Conflict Deepens
Secretary of State Antony J. Blinken sought to ease tensions on a visit to Israel, followed by a meeting with the Saudi crown prince in Riyadh. Israel is pressing on with its military campaigns in ...World - The New York Times - October 24 -
Democrats call for special counsel probe into Kushner over Saudi ties
Correction: This article has been corrected to reflect that lawmakers assess Saudi Arabia has paid Jared Kushner $87 million, and not as previously written. Senior Democrats in the House and Senate ...Politics - The Hill - October 24 -
Transfer Talk: Rüdiger wants new deal as Saudi clubs circle
Antonio Rüdiger's future at Madrid remains clouded, despite the defender distancing himself from Saudi Pro League links. Transfer Talk has the latest.Sports - ESPN - October 26 -
Saudi Arabia’s wealth fund pivots from international investments
Public Investment Fund will focus more of its financial firepower on domestic projectsBusiness - Financial Times - 6 days ago