Middle East

The arrests of Prince Alwaleed bin Talal and dozens of current and former ministers during Saudi Arabia’s surprise anti-corruption sweep over the weekend provides an enormous long-term opportunity for U.S. business, former Shell Oil President John Hoftmeister told FOX Business.

The arrests of Prince Alwaleed bin Talal and dozens of current and former ministers during Saudi Arabia’s surprise anti-corruption sweep over the weekend provides an enormous long-term opportunity for U.S. business, former Shell Oil President John Hoftmeister told FOX Business.

Saudi Arabian banks have begun freezing the accounts of suspects ensnared in an anti-corruption probe, banking and business sources told Reuters on Monday.

Saudi Arabian banks have begun freezing the accounts of suspects ensnared in an anti-corruption probe, banking and business sources told Reuters on Monday.

Among those detained in Saudi Arabia, no name carries more power in Western financial markets than Prince Alwaleed bin Talal.

Among those detained in Saudi Arabia, no name carries more power in Western financial markets than Prince Alwaleed bin Talal.

President Donald Trump made a public pitch on Saturday to Saudi Arabia, asking the oil-rich country to start selling shares of Saudi Aramco, its state-owned oil company, on the New York Stock Exchange when the company goes public in the second half of 2018.

President Donald Trump made a public pitch on Saturday to Saudi Arabia, asking the oil-rich country to start selling shares of Saudi Aramco, its state-owned oil company, on the New York Stock Exchange when the company goes public in the second half of 2018.

As top investors and executives from across the world gather in Riyadh, Saudi Arabia for a summit this week, the country’s progressive ideas not only economically, but socially, have risen to the forefront of the discourse.

As top investors and executives from across the world gather in Riyadh, Saudi Arabia for a summit this week, the country’s progressive ideas not only economically, but socially, have risen to the forefront of the discourse.

Saudi Arabia will for the first time allow women to attend sports events, preparing special sections in three selected stadiums from early next year in another step toward opening public spaces to women.

Iran is fulfilling its commitments under the nuclear deal with world powers and U.N. inspectors are facing no problems in their verification efforts, the International Atomic Energy Agency (IAEA) director-general said on Monday.

Iran is fulfilling its commitments under the nuclear deal with world powers and U.N. inspectors are facing no problems in their verification efforts, the International Atomic Energy Agency (IAEA) director-general said on Monday.

The military contractor has seen an increase in demand for missiles, bombs and defense systems.