Saudi Arabia

World oil price could rise by $10 per barrel after ten drones attacked one of Saudi Arabia’s largest oilfields in Hijra Khurais and the world’s biggest crude processing facility at Abqaiq on Saturday forcing Saudi to cut output in half.

Drones attack has caused a loss of 5.7 million barrels of crude production a day or 50% of the kingdom’s oil output. Exact price impact will depend on the repair time which can take weeks to months.

12 Sep 2019; MEMO: Saudi Arabian Military Industries (SAMI) and Spanish shipbuilder Navantia signed a $991 million deal to adapt Navantia’s combat management systems for Saudi navy corvette ships.

12 September 2019; AFP: Her high heels clacking on marble tiles, a defiant Saudi woman turned heads and drew gasps as she strutted through a Riyadh mall -- without a body-shrouding abaya.

The billowy over-garment, usually all-black, is customary public wear for women in the ultra-conservative Islamic kingdom, where it is widely seen as a symbol of piety.

JEDDAH, Sept 12 (NNN-BERNAMA) — The Organisation of Islamic Cooperation (OIC) will be holding an extraordinary meeting of its member countries at the foreign ministers’ level on Sunday over Israeli Prime Minister Benjamin Netanyahu’s annexation statement, reported the Union of OIC News Agencies (UNA-OIC).

8 Sep 2019; MEMO: Saudi Arabia’s king appointed his son, Prince Abdulaziz bin Salman, as energy minister on Sunday, replacing Khalid al-Falih and for the first time handing the portfolio in the world’s top oil exporter to a member of the royal family, reports Reuters.

5 Sep 2019; MEMO: The President of the Saudi-American Public Relations Affairs Committee (SAPRAC), Salman Al-Ansari, attacked on Tuesday the United Arab Emirates, considering that it is “fooling” Riyadh under the pretext of Muslim Brotherhood members, for “expansionist ambitions” in the region.

RIYADH (Reuters) - The new head of Saudi Arabia’s anti-corruption commission said he plans to go after graft by ordinary government employees, following a high-profile campaign two years ago that netted princes, ministers and top businessmen.

Members of the kingdom’s economic and political elite were detained for months at Riyadh’s Ritz-Carlton Hotel in a crackdown in 2017 that unsettled some foreign investors Riyadh needs to diversify its economy. Critics said it amounted to a power play and shakedown of the crown prince’s political rivals.

1 Sep 2019; MEMO: Saudi Arabia created a new ministry for industry and mineral resources, separating it from the kingdom’s colossal energy ministry, and replaced the powerful head of the royal court, in a series of royal orders issued late on Friday, reports Reuters.

ADEN, Yemen, Aug 19 (NNN-SABA) – Warplanes of the Saudi-led Arab coalition launched 12 airstrikes against positions of the Houthi group in Yemen’s northern province of Saada on Sunday, a military official said.

The military source of Yemen’s government forces said, “the Saudi-led coalition intensified airstrikes against the main strongholds of the Houthis, particularly in Saada.”

He said that eight airstrikes targeted Maran area, that’s located to the southwestern part of Saada, causing an unknown number of casualties.

18 Aug 2019; MEMO: Yemen’s Houthi rebel group on Saturday claimed to have carried out drone attacks on oil facilities in southeastern Saudi Arabia, reports Anadolu Agency.

Speaking on the Houthi-run Al-Masirah television, rebel spokesman Yehia Sarie said the Shia group had launched ten drone strikes on Aramco’s Shaybah oilfield and refinery, close to the United Arab Emirates (UAE) border.