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03.11.26 - 07:24
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Saudi Aramco Q3 Profit Climbs On Higher Prices (AFX)
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WASHINGTON (dpa-AFX) - State-run Saudi Arabian Oil Co. or Saudi Aramco (2222.SR) reported Tuesday significant profit growth in its third quarter as revenues were benefited by higher prices of refi......
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03.11.26 - 05:51
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Taking The Houthis At Their Word: The Bill Saudi Arabia Doesn′t Want To Read (ZeroHedge)
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Taking The Houthis At Their Word: The Bill Saudi Arabia Doesn't Want To Read
Authored by Larry C. Johnson via Sonar21,Riyadh has a simple method for dealing with Houthi claims. It announces that its air defenses intercepted something, says nothing about everything else, and hopes the world changes the subject. Aramco, a company that publishes its quarterly earnings to the decimal point, suddenly develops a vow of silence whenever someone asks whether its refineries are on fire.So let me try something different. For the length of this column, I am going to ignore the Saudi government and Aramco entirely and take Ansar Allah's military spokesman, Brigadier General Yahya Saree, at his word. Not because Saree is a paragon of precision. Military spokesmen everywhere, including in Washington, inflate their results. I do it because the exercise tells you what the Houthis believe they are doing, what they are aiming at, and what Saudi Arabia stands to lose if even half of it is true. Since October 1...
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03.11.26 - 01:03
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Syria Says It′s Considering Joining Saudi-Led Mecca Defense Pact (ZeroHedge)
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Syria Says It's Considering Joining Saudi-Led Mecca Defense Pact
Authored by Dave DeCamp via AntiWar.com,Syrian Foreign Minister Asaad al-Shaibani, a former al-Qaeda member, said on Saturday that Damascus was considering joining the Mecca defense pact, the new military alliance between Saudi Arabia, Pakistan, and Turkey."Discussions are currently underway to evaluate Syria's entry into the Mecca alliance," al-Shaibani said at the Manama Dialogue conference in Bahrain.
Syria's Foreign Minister Asaad al-Shaibani, a former Al Qaeda member. via Reuters
Al-Shaibani's comments come several weeks after several media outlets reported that Syria was considering sending troops to Yemen to help Saudi Arabia fight Ansar Allah, also known as the Houthis.The Syrian government denied the reports and said its plan is to focus on Syria's internal situation, but the country's potential membership in the Mecca defense pact could draw it into the war. Both Pakistan and Turkey have pledged support for S...
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02.11.26 - 12:48
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Saudi Business Model Built on Corporate Commuters Challenged by War (Bloomberg)
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Soon after Houthi attacks forced Saudi Arabia to shutter its capital's main airport, one consultant drove for hours to get to Riyadh from Oman. The executive left two weeks later and plans to return soon, this time via Doha, betting that showing up will offer an edge over rivals who're staying away....
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