saudi arabia Archive

dronesDrone attack Saudi oil facility and Trump threats to Russia boosts oil prices

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Yemen’s armed Houthi movement said on Wednesday it had launched a drone strike on a facility belonging to oil giant Saudi Aramco in southern Saudi Arabia – though the company said its plants there were operating “normally and safely”. Saudi …

buildingsSaudi Prince promoting alliance with Egypt, Jordan, UAE, Bahrain and Oman and cooperation with Israel

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The Saudi Prince Mohammed bin Salman has made many statements in a recent interview that indicate a solid alliance with Israel and Egypt versus Iran. The Saudi prince said * the Palestinians and the Israelis have the right to have …

energySaudi has $200 billion deal with Softbank for 200 GW of solar by 2030

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Saudi Arabia’s crown prince, Mohammed Bin Salman, has signed a memorandum of understanding with Softbank to build 200 GW of solar power by 2030 at a cost of $200 billion. China had built 125 GW of solar power by the …

future weaponsSaudi Arabia leader states they would get a nuclear bomb if Iran completes one

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Various reports from BBC News in 2013 and 2015, indicated that Saudi Arabia had invested in Pakistaninuclear weapons projects and believes it could obtain nuclear bombs at will. Intelligence reports indicated taht nuclear weapons made in Pakistan on behalf of …

buildingsFirst skyscraper over one kilometer in height on track for 2020 completion

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Jeddah Tower (previously known as Kingdom Tower, is being built in Jeddah, Saudi Arabia, at a cost of SR4.6 billion (US$1.23 billion). It is on track for completion in 2020 as planned and will be over one kilometer in height. …

economySoftbank Vision is to invest a trillion dollars in at least a thousand Unicorns over the next ten years

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Softbanks’s CEO Masayoshi Son is creating a mechanism to increase their funding ability from 10 trillion yen to 20 trillion yen to 100 trillion yen. The funds will probably have invested in at least 1,000 companies within 10 years. …

asiaRussian and OPEC long term planning builds in inevitability of future China economic dominance

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Even though their are many China bears who predict that China will have many problems with economic growth, China is currently able to wrap up many economic deals with Russia, OPEC and the world with the aura inevitability. China’s economy …

energyOPEC predicts strong US oil shale and Bloomberg sees temporary oil price increases

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North American oil shale output will soar to 7.5 million barrels a day in 2021 according to OPECs World Oil Outlook report on Tuesday. This forecast is 56 percent higher than OPEC forecast a year ago. Bloomberg sees a lag …

militaryReal Life Saudi Game of Thrones

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One of the many Saudi princes died in a helicopter crash near Yemen and another died in a firefight between his security forces and government security that came to arrest him. This will be very interesting and bloody if many …

saudi arabiaBillionaire Venture Capitalist Saudi Prince Arrested

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Saudi Arabian Prince Alwaleed bin Talal, the prominent billionaire investor, has been arrested. He is one of the richest and most influential investors in the world. He has big investments in Twitter, Lyft and Citigroup. He has gone into business …