Tag: saudi

Saudi coalition says intercepts Huthi missile on Riyadh

RIYADH, Saudi Arabia (AFP) — The Saudi-led military coalition said Tuesday it had intercepted and destroyed drones and ballistic missiles launched into the kingdom by Yemen’s Huthi rebels, including one fired towards Riyadh. Witnesses told AFP that they heard blasts at dawn from their homes in the capital. Coalition forces “managed… to intercept and destroy a ballistic missile launched by the terrorist Huthi militia from Sanaa towards Riyadh in a deliberate hostile operation,” coalition spokesman […]

Continue Reading →

Saudi ends virus lockdown despite spike in infections

RIYADH, Saudi Arabia (AFP) — Saudi Arabia on Sunday ended a nationwide coronavirus curfew and lifted restrictions on businesses, including hair salons and cinemas, after three months of stringent curbs, despite a spike in infections. International flights and religious pilgrimages, however, remain suspended and social gatherings of more than 50 people are prohibited, according to the interior ministry. But Saudi Arabia’s General Commission for Audiovisual Media announced the reopening of cinemas across the kingdom with […]

Continue Reading →

Sons of murdered Saudi journalist Khashoggi say they ‘forgive’ killers

  RIYADH, Saudi Arabia (AFP) — The sons of murdered Saudi journalist Jamal Khashoggi said Friday they “forgive” the killers of their father, an announcement analysts said effectively grants clemency to five convicted people on death row. Khashoggi — a royal family insider turned critic — was killed and dismembered at the kingdom’s consulate in Istanbul in October 2018, in a case that tarnished the reputation of de facto ruler Crown Prince Mohammed bin Salman. […]

Continue Reading →

Saudi Aramco Q1 profit dives, says virus to hit 2020 results

RIYADH, Saudi Arabia (AFP) — Energy giant Saudi Aramco on Tuesday reported a 25 percent slump in first-quarter net profits due to low oil prices, saying the coronavirus crisis will dampen demand and full-year earnings. The world’s largest listed firm posted a net profit of 62.5 billion riyals ($16.66 billion) in the three months to March, compared to $22.2 billion a year earlier. The company said the drop in earnings mostly reflected a decline in […]

Continue Reading →

Saudi total oil curbs could reach 19.5 million barrels

RIYADH, Saudi Arabia (AFP) — Oil output cuts by OPEC and its allies, together with pledges from other G20 nations and purchases by strategic reserves, could remove 19.5 million barrels per day from the market, the Saudi energy minister said. US President Donald Trump said Monday that the actual output cuts may be deeper than the headline figure of 9.7 million bpd — with top producers considering slashing output by 20 million barrels a day […]

Continue Reading →

Saudi imposes 24-hour virus curfew in five cities

RIYADH, Saudi Arabia (AFP) — Saudi Arabia extended the duration of daily curfews Monday in four governorates and five cities, including the capital, to 24 hours to combat coronavirus as confirmed deaths from the disease hit 38. The kingdom imposed round-the-clock lockdowns on the cities of Riyadh, Tabuk, Dammam, Dhahran and Hofuf, the interior ministry said on Twitter. The same measures were also imposed on the governorates of Jeddah, Taif, Qatif and Khobar, the ministry […]

Continue Reading →

Saudi to raise oil exports to record levels as price war rages

by Anuj Chopra with Omar Hasan in Dubai RIYADH, Saudi Arabia (AFP) — Saudi Arabia said on Monday it will raise its oil exports to a record 10.6 million barrels per day starting from May despite a global supply glut, escalating a price war with Russia. Oil prices are languishing at 17-year lows as the coronavirus pandemic threatens a painful global recession that could further sap demand. Saudi Arabia, the world’s top oil exporter which […]

Continue Reading →

Saudi king urges ‘effective’ G20 response to virus crisis

RIYADH, Saudi Arabia (AFP) — Saudi Arabia’s King Salman on Thursday urged G20 leaders to take “effective and coordinated” action to combat the global crisis triggered by the coronavirus pandemic and called on them to assist developing nations. While wealthy nations including the US have unveiled mammoth stimulus packages, there has so far been no collective action plan from the G20, and it has been criticized for its slow response. In opening remarks as G20 […]

Continue Reading →

US urges Saudis to ‘reassure’ oil and financial markets

WASHINGTON, United States (AFP) — The United States said Wednesday it has urged Saudi Arabia to “reassure” oil and financial markets as the world grapples with a coronavirus pandemic that has paralyzed major economies. The appeal was made by Secretary of State Mike Pompeo in a telephone conversation Tuesday with Crown Prince Mohammed bin Salman, the State Department said. Oil prices have plunged as economies grind to a halt due to the pandemic. But the […]

Continue Reading →

Saudi reports first coronavirus death as infections spike

RIYADH, Saudi Arabia (AFP) — Saudi Arabia on Tuesday reported its first death from the new coronavirus as the total number of infections spiked to 767, according to the health ministry. An Afghan resident in the western city of Medina died from the virus, the ministry said, while reporting 205 new infections — the biggest jump in the kingdom in a single day. Saudi Arabia, which has reported the highest number of infections in the […]

Continue Reading →

Saudi king to chair G20 video talks on coronavirus Thursday

RIYADH, Saudi Arabia (AFP) — Saudi Arabia’s King Salman will chair an emergency virtual summit of leaders from the Group of 20 major economies on Thursday to discuss a global response to the coronavirus pandemic. World leaders, including Russian President Vladimir Putin, will take part in the talks which the Kremlin said will take place by videoconference. “King Salman will chair the meeting to advance a coordinated global response to the COVID-19 pandemic and its […]

Continue Reading →

Saudi Arabia imposes dusk-to-dawn curfew over coronavirus

RIYADH, Saudi Arabia (AFP) — Saudi Arabia’s King Salman has announced a nationwide dusk-to-dawn curfew from Monday in a bid to limit the spread of the new coronavirus, the latest in a series of restrictions. The curfew –- from 7 pm until 6 am –- will be imposed for 21 days, the official Saudi Press Agency reported, citing a royal order. The move comes after Saudi Arabia on Sunday said the number of COVID-19 cases […]

Continue Reading →
1 … 7 8 9 10 11 … 19