By continuing to use the site you agree to our Privacy & Cookies policy

Saudi Arabia News and Analysis

News

Jubail Industrial City

Still no decision for Sabic petrochemicals plant Subscription Required

21 April 2015 | By Kevin Baxter

Contractors have resubmitted prices after clarification meetings for plant in Saudi Arabia

Debt settlement

AH al-Gosaibi to offer improved settlement to creditors Subscription Required

21 April 2015 | By Rebecca Spong

Creditor meeting to be scheduled in coming weeks

Haramain planned rail line

Contractor warned about Haramain railway delays Subscription Required

21 April 2015 | By Hossam Abougabal

Saudi Railways Company demands alternative emergency plan

Mena project finance volumes

Project finance deals rise in first quarter Subscription Required

21 April 2015 | By Rebecca Spong

Increase is not a sign of an improving market, bankers say

Saudi construction awards

ABV Rock to replace Binladin on medical city Subscription Required

21 April 2015 | By Andrew Roscoe , Colin Foreman

The healthcare city will contain three hospitals and related medical and residential facilities

Tadawul rises in anticipation of foreign investment

Tadawul on target to open to foreign investors by June Subscription Required

20 April 2015 | By Rebecca Spong

Final rules will be approved by early May

Refinery

Aramco awards final major Jizan package Subscription Required

20 April 2015 | By Kevin Baxter

$20bn refinery and power plant complex in southwest of Saudi Arabia ready to enter construction phase

Sabic

Sabic reports 39 per cent decline in profits Subscription Required

19 April 2015 | By Rebecca Spong

Oil price decline blamed for profit fall

Jeddah in Saudi Arabia

Jeddah to tender metro by end of April Subscription Required

19 April 2015 | By Hossam Abougabal

Jeddah Metro tender documents imminent

Saudi Arabia housing

Ministry announces more Saudi housing Subscription Required

19 April 2015 | By Hossam Abougabal

Saudi Arabia’s Housing Ministry attempts to curb the kingdom’s housing shortage

Offshore oil

Frontrunners emerge for long-term Aramco deal Subscription Required

19 April 2015 | By Kevin Baxter

Four contractors vying to be awarded engineering, procurement and construction contract

NWC mandate areas

Saudi water distribution plans take shape Subscription Required

19 April 2015 | By Philippa Wilkinson

NWC faces the challenges of defining its role and executing programme

Saudi banks' loan growth

Major Saudi banks continue to post strong results Subscription Required

16 April 2015 | By Rebecca Spong

Profits up for most lenders in the kingdom

Opec oil output surges

Opec output surges Subscription Required

16 April 2015 | By Wil Crisp

Group pumped 30.79 million barrels a day in March

Saudi Arabia housing

Saudi Arabia to develop 14,600 housing units Subscription Required

16 April 2015 | By Hossam Abougabal

Housing Ministry signs agreements as part of the Housing Development 2 project

Middle East and North Africa oil export growth

IMF cuts growth forecasts for Middle East oil producers Subscription Required

15 April 2015 | By Wil Crisp

Lower oil prices dampens economic outlook

El-Seif wins $1.4bn Saudi housing deal

El-Seif wins $1.4bn Saudi housing deal Subscription Required

15 April 2015 | By Andrew Roscoe

Local contractor will build 2,800 villas

Tower construction

Cayan Group announces plans for Dubai and Riyadh Subscription Required

15 April 2015 | By Hossam Abougabal

Local developer announces projects in Dubai and Riyadh

Saudi Arabia extends deadline for Duba power plant

Saudi Arabia extends deadline for Duba plant Subscription Required

15 April 2015 | By Andrew Roscoe

Facility will run on combination of gas and solar energy

Europe was the main beneficiary, receiving $10.2bn of commercial real estate investment from the Middle East

Fall in Middle East outwards property investment Subscription Required

15 April 2015 | By Philippa Wilkinson

GCC fails to capture global real estate inflows

Analysis

Crude oil prices

Oil price still not ready for recovery Subscription Required

21 April 2015 | By Kevin Baxter

Opec optimism unfounded while global market remains oversupplied

Saudi Arabia says the Yemen insurgency is being fuelled by Iran

Regional powers collide in Yemen Subscription Required

21 April 2015 | By Mark Watts

Fears of growing Iranian influence are behind Saudi Arabia’s military operation

Largest defence budgets 2014

Joint Arab force gains traction Subscription Required

14 April 2015 | By Kevin Baxter

Critics warn that a pan-Arab military force runs the risk of becoming a Sunni-led regional superpower unless properly governed

Saudi banking sector loan growth

Lending slowdown concerns persist in Saudi Arabia Subscription Required

14 April 2015 | By Rebecca Spong

Banks begin posting first-quarter results

Estimated Hydrocarbons production of top three producers

US remained world’s top oil and gas producer in 2014 Subscription Required

9 April 2015 | By Mark Watts

America is also top petroleum liquids producer after overtaking Saudi Arabia in 2013

Iran nuclear talks in Lausanne

MEED board report, April 2015 Subscription Required

8 April 2015 | By Richard Thompson

Key events and trends in the region over the past month and their impact on the outlook for the Middle East and North Africa

David Clifton, Faithful + Gould

Saudi population growth stresses public infrastructure Subscription Required

7 April 2015 | By Robert Jones

The kingdom’s young population has expectations around housing and social infrastructure that will require major investment programmes

US oil production

The impact of US shale oil on the Middle East Subscription Required

6 April 2015 | By Kevin Baxter

Cheaper production could spell disaster for many of the region’s conventional oil fields

Saving Yemen: It is likely the Saudi-led coalition will feel a ground invasion is necessary

A litmus test for Saudi policy Subscription Required

31 March 2015 | By Peter Salisbury

King Salman’s strategy for Yemen has the potential to mark a major shift in the history of the region

Renewables

Saudi Arabia retreats from renewables Subscription Required

26 March 2015 | By Edmund O'Sullivan

Saudi Arabia is the most irradiated country on Earth, but it is slashing plans for the world’s biggest solar power programme

Roger Cruickshank, Atkins

King Abdulaziz Boulevard project Subscription Required

24 March 2015 | By Robert Jones

The walkway will allow pilgrims to move around easier in Mecca, Saudi Arabia

Average breakeven prices for non-producing assets, 2020

Saudi Arabia may use swing capacity to drive volatility Subscription Required

18 March 2015 | By Mark Watts

Higher volatility will prevent smaller producers entering the market, say analysts

Jubail cover

Sadara Chemical is Jubail’s game changer Subscription Required

10 March 2015 | By Andrew Roscoe , Edmund O'Sullivan

The imminent opening of the Sadara chemicals project signals the start of a new era of growth for the city

Jubail

Saudi industrial city developments progressing Subscription Required

9 March 2015

The kingdom is spending $11bn to develop downstream, housing and education facilities in the Eastern Province

Video graph

Strategic priorities shape Gulf projects spending Subscription Required

8 March 2015

The impact of low oil prices on project plans around the region

Refined products sales

Saudi refining plan hinges on curbing subsidies Subscription Required

1 March 2015 | By Kevin Baxter

Kingdom aims to become world’s second-largest exporter of refined products

Comment

Refinery

The real work at Jizan starts now

21 April 2015 | By Kevin Baxter

The execution phase will offer up some huge challenges at the extremely complex scheme

The US Navy sent the carrier USS Theodore Roosevelt and its escort cruiser, USS Normandy, from the Gulf into the Arabian Sea on 19 April. A Pentagon spokesman denied reports the ships were on a mission to intercept Iranian arms shipments to Yemen

US increases involvement in Yemen conflict

21 April 2015 | By Mark Watts

Washington shows force against Iran as two sides close in on nuclear deal

Aramco consolidates offshore contracts

Aramco consolidates offshore contracts

19 April 2015 | By Kevin Baxter

Having long-term deals in place will allow the oil major to manage cash flow more efficiently

Gas power station

Saudi Arabia moves on power

14 April 2015 | By Andrew Roscoe

Progress with the Fadhili IPP shows Riyadh’s commitment to developing its own gas resources

Saudi Arabia army

Running the risk of war

14 April 2015 | By Kevin Baxter

A joint Arab military force is a positive move, but could still lead to war

Saudi Arabia's King Salman bin Abdulaziz al-Saud

Saudi Arabia set for eventful 2015

7 April 2015 | By Kevin Baxter

Riyadh working on several fronts to secure the kingdom’s future

Air strikes in Yemen

Yemen risks civil war Subscription Required

31 March 2015 | By Kevin Baxter

If handled incorrectly, Saudi Arabian intervention could lead to an all-out regional war

Kevin Baxter

Aramco programme looks to the future Subscription Required

29 March 2015 | By Kevin Baxter

Oil major ties up long-term engineering contract and calls time on ageing refinery

Renewables

The quiet demise of Saudi Arabia’s renewable energy ambitions Subscription Required

24 March 2015 | By Philippa Wilkinson

Shifting strategy in the kingdom leaves long-term energy dilemma

Philippa Wilkinson

Saudi Arabia renewables disappointment Subscription Required

22 March 2015 | By Philippa Wilkinson

Kingdom expected to be one of the region’s smaller renewables markets

Aramco calls time on Jeddah refinery

Aramco calls time on Jeddah refinery Subscription Required

17 March 2015 | By Kevin Baxter

Decommissioning the aged facility seems to be the right way to go, given the new refineries coming online in the kingdom

Jubail sets example for Saudi industrial plans

Jubail sets example for Saudi industrial plans Subscription Required

11 March 2015 | By Andrew Roscoe

City presents a blueprint for other projects to follow

Saudi Arabia needs as much domestic gas as possible and this makes the Fadhili gas plant an essential scheme

Aramco’s commitment to gas Subscription Required

11 March 2015 | By Kevin Baxter

Fadhili plant essential for kingdom’s industrialisation plans

Kevin Baxter

Khurais field's future under threat Subscription Required

5 March 2015

Saudi Aramco will make decision when cost savings are established

The majority of the labourers working on the GCC’s construction sites come from India and other subcontinent countries

GCC contractors consider bumper Indian budget Subscription Required

5 March 2015 | By Colin Foreman

Competition may subside, but labour costs could increase

Kevin Baxter

Aramco pushing ahead with Jizan refinery Subscription Required

5 March 2015

The $20bn investment is expected to drive growth in the remote area of Saudi Arabia

Stadium projects

Low oil prices leave little room for stadiums Subscription Required

3 March 2015 | By Colin Foreman

Forecasts at the end of 2014 said stadium projects would stall

Refinery

Aramco’s selective spending Subscription Required

3 March 2015 | By Kevin Baxter

Oil major focusing on specific schemes is right strategy at this time

Refinery

Jizan turning the corner Subscription Required

24 February 2015 | By Kevin Baxter

Economic forum will bring renewed hope for the region

Kevin Baxter

Saudi Arabia's tight gas plans take shape Subscription Required

23 February 2015 | By Kevin Baxter

Saudi Aramco is committed to unconventional gas project in the kingdom

Interact-Widget Twitter LinkedIn Facebook Twitter Apple Android Newsletters

Newsletter Sign-up

More sector and country newsletters

Subscribe to MEED to receive your choice of premium newsletters

Find out more
MEED+app+green+shade

The MEED app

Stay up-to-date with the latest news, analysis and special reports.


Free to subscribers, download the MEED app today.

Apple store;

Google Play store.

-->