BAGHDAD/RIYADH, Jan. 25 (Xinhua) -- Saudi Arabia and Iraq signed on Tuesday a memorandum of understanding (MoU) to link the power grids of the two countries. The deal was inked via video conference by Saudi Energy Minister Prince Abdulaziz bin Saud Al Saud and Iraqi Acting Minister of Ele...
“The two parties agreed to work together and harness their potential to complete the Murcia project in accordance with the scope of work and agreed timetables,” the state news outlet added. The agreement came during an official visit to China by Saudi Arabia’s Crown Prince, De...
Arms deal: Saudi Arabia and US put 9/11 behind them
Saudi Arabia is situated in Western Asia and is considered to be the largest sovereign state in the Middle East and the 12th largest in the world. Based on the latest estimates from the United Nations, as of July 13, 2019, Saudi Arabia has a population of 34 million. This represents ...
Saudi Arabia - Oil, Trade, Investment: Fueled by enormous revenues from oil exports, the economy boomed during the 1970s and ’80s. Unlike most developing countries, Saudi Arabia had an abundance of capital, and vast development projects sprung up that t
The disastrous Yemen war between the Saudi-led coalition and Iran-supported Houthi rebels in Yemen can finally come to an end as Saudi Arabia has taken important steps in the direction to end the war, thanks to a recent peace deal between Saudi Arabia and Iran mediated by China. ...
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Is China the new Mideast powerbroker? Beijings’ role in talks between Iran and Saudi Arabia unclear Some analysts said the agreement showed Washington’s influence is receding in a region it has long played a critical role in, but the reality may be less clear-cut ...