Saudi Arabia

Saudi king aims for new Sunni bloc vs. Iran and Islamic State

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RIYADH/DOHA - Saudi Arabia is pushing for Sunni Muslim Middle East countries to set aside differences over political Islam and focus on what it sees as more urgent threats from Iran and Islamic State.

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Saudi king keeps close hand on oil in remodelling strategic team 05 Mar 2015

RIYADH - Saudi Arabia's subtle change of energy policymaker line-up since the accession of new King Salman in late January appears to give the monarch's inner circle a firmer hand on the kingdom's oil strategy than previous rulers have enjoyed.

UPDATE 2-Saudi Arabia expects oil price to stabilise 04 Mar 2015

* Circumstances require non-OPEC nations to help balance market

UPDATE 1-Saudi Arabia, South Korea sign MOU on nuclear power 04 Mar 2015

KHOBAR, Saudi Arabia, March 4 - Saudi Arabia and South Korea have signed a memorandum of understanding (MOU) to cooperate on the development of nuclear energy, Saudi state news agency SPA said, building on a deal signed in 2011.

UPDATE 2-MIDEAST STOCKS-Petrochemicals lift Saudi Arabia; Egypt slips 04 Mar 2015

DUBAI, March 4 - Saudi Arabia's stock market extended gains in early trade on Wednesday after the kingdom indicated it was confident about growing demand for oil, while Egypt pulled back slightly.

UPDATE 1-Saudi's Mobily says can meet all debts after earnings debacle 04 Mar 2015

* Market regulator says Mobily shares to resume trading Thurs (Adds payment schedule, shares to resume trading, context)

Saudi's Mobily says can meet all debts after earnings debacle 04 Mar 2015

DUBAI, March 4 - Saudi Arabian telecommunications firm Etihad Etisalat (Mobily) said on Wednesday it could meet all its debts despite announcing last week that it had suffered a $243 million loss in 2014 and expected to breach covenants on long-term loans.

U.S. envoy to Yemen to work from Jeddah after embassy's closure 03 Mar 2015

MONTREUX, Switzerland - The U.S. ambassador to Yemen will track Yemeni events from Jeddah in Saudi Arabia following last month's closure of the U.S. embassy in Sanaa, a senior U.S. official said on Tuesday.

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Saudi king keeps close hand on oil in remodelling strategic team 03 Mar 2015

RIYADH - Saudi Arabia's subtle change of energy policymaker line-up since the accession of new King Salman in late January appears to give the monarch's inner circle a firmer hand on the kingdom's oil strategy than previous rulers have enjoyed.

RPT-ANALYSIS-Saudi king keeps close hand on oil in remodelling strategic team 03 Mar 2015

RIYADH, March 3 - Saudi Arabia's subtle change of energy policymaker line-up since the accession of new King Salman in late January appears to give the monarch's inner circle a firmer hand on the kingdom's oil strategy than previous rulers have enjoyed.

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Islamic State torches oil field near Tikrit as militia advance

BAGHDAD - Islamic State militants have set fire to oil wells northeast of the city of Tikrit to obstruct an assault by Shi'ite militiamen and Iraqi soldiers trying to drive them from the Sunni Muslim city and surrounding towns, a witness said.