The company oversees the second-largest proven crude oil reserves in the world and for the past few years has pumped out around 10 million barrels a day, making it one of the largest companies in the world.
The easing of stringent regulations governing social interactions in the ultraconservative Muslim kingdom comes after Riyadh launched its first tourist visa scheme, as part of efforts to diversify the country's oil-reliant economy.
While some foreign companies and foundations cut ties with Saudi Arabia or scaled back projects after Khashoggi’s killing, many still do business with the kingdom and are becoming less private about their involvement.
During his two-day visit beginning Tuesday, Doval met Saudi Crown Prince Mohammed bin Salman (MBS) to enlist Riyadh’s support. The FATF plenary session and working group meetings are scheduled to be held from October 13 to 18.
Saudi Crown Prince Mohammed bin Salman has called for global action against Iran, warning of "unimaginably high" oil prices otherwise. He also described the killing of journalist Jamal Khashoggi as "a mistake."
During Salman’s visit, New Delhi and Riyadh will set up a “Strategic Partnership Council” at the ministerial level to deepen partnership in areas like political, security, trade, investment and culture
With an angry Saudi Arabia, along with some other Gulf countries cutting off ties with Qatar over alleged support to Islamists, the regional power play in West Asia has put India in a spot. With 7 million Indians in the Gulf and nearly 6 lakh in Qatar, India now has to navigate the fault lines […]
The European Parliament has voted for an EU-wide arms embargo against Saudi Arabia. Lawmakers voted overwhelmingly in favor of the embargo on Thursday (February 25), which is not legally binding. They said Britain had licensed more than 3 billion euros of arms sales to Saudi Arabia since Saudi-led forces began military operations in Yemen in […]