saudi arabia

A new generation of fortune hunters is seeking riches under the sands of Saudi Arabia.

Saudi Arabia is not known for great research universities, so the oil-rich country has decided to build one.

KAUST, the King Abdullah University of Science and Technology, is rising in the desert near Jiddah. The king is giving the school one of the world's biggest endowments.

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Religious leaders are meeting in Spain for an interfaith summit sponsored by Saudi Arabia. Critics say the meeting is only meant to make the Arab country look good in the West.

Only one Israeli was invited, and no Palestinians were on the list. Still, the Saudi king opened the summit with a surprising message.

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Saudi Arabia has pledged to put out more oil this year if the market needs it. The pledge falls short of U.S. hopes for a specific increase and may do little to lower prices in the short-term.

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Oil prices were volatile Monday morning as investors weighed a production increase by Saudi Arabia and potential supply disruptions in Nigeria.

Saudi Arabia has increased its daily oil production to 9.7 million from 9 million barrels in a move to counter the sharp rise in international oil prices, Saudi King Abdullah said Sunday.

Top officials from key oil producing and consuming nations meet in Saudi Arabia to discuss soaring oil prices.

Top officials from key oil producing and consuming nations gather in Saudi Arabia to discuss soaring oil prices.