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Putin discussed OPEC+ with MbS MbS emphasises need to commit to OPEC+ agreement Putin hosts Iranian president in Moscow MOSCOW, Dec 7 (Reuters) – Saudi Arabia and Russia, the world’s two biggest oil exporters, on Thursday called for all OPEC+ members to join an agreement on output cuts for the good of the global economy … Read more
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LONDON, Nov 20 (Reuters) – The Galaxy Leader commercial ship was “illegally boarded by military personnel via a helicopter” on Nov. 19 and is now in the Hodeidah port area in Yemen, the vessel’s owner said on Monday. “All communications were subsequently lost with the vessel,” Isle of Man registered Galaxy Maritime Ltd, owner of … Read more
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DUBAI, Nov 5 (Reuters) – Growth in non-oil business activity in Saudi Arabia accelerated for a second consecutive month in October, a survey showed on Sunday, with new orders supporting an overall expansion in activity which led to a sharp rise in employment levels. The seasonally adjusted Riyad Bank Saudi Arabia Purchasing Managers’ Index rose … Read more
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Military vehicles of U.S. soldiers are seen at the al-Asad air base in Anbar province, Iraq, January 13, 2020. REUTERS/John Davison/File Photo Acquire Licensing Rights WASHINGTON, Oct 23 (Reuters) – (This Oct. 23 story has been refiled to add dropped words in paragraph 2) The White House on Monday said Iran was in some cases … Read more
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The logo of Hyundai Motor Company is pictured at the New York International Auto Show, in Manhattan, New York City, U.S., April 13, 2022. REUTERS/Andrew Kelly/File Photo Acquire Licensing Rights RIYADH, Oct 22 (Reuters) – South Korea’s Hyundai Motor Group (005380.KS) will build a car plant in Saudi Arabia jointly with the Public Investment Fund … Read more
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Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman Al-Saud speaks during 10th Arab-China Business Conference in Riyadh, Saudi Arabia, June 11, 2023. REUTERS/Ahmed Yosri/File Photo Acquire Licensing Rights RIYADH, Oct 8 (Reuters) – Saudi Arabia’s Minister for Energy Prince Abdulaziz bin Salman said on Sunday that the first hydrogen train in the Middle East … Read more
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The Burj Khalifa building peaks through the skyline as the sun sets over Dubai, United Arab Emirates, September 9, 2023. REUTERS/Amr Alfiky/File Photo Acquire Licensing Rights DUBAI, Oct 3 (Reuters) – Growth in non-oil business activity in Saudi Arabia accelerated in September from an 11-month low the previous month as higher sales supported overall output, … Read more
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Defence pact won’t match Saudi wish for NATO-style deal U.S. source says pact could be like Bahrain agreement Washington may designate Saudi a Major Non-NATO Ally Deal with Israel could help reshape the Middle East Sept 29 (Reuters) – Saudi Arabia is determined to secure a military pact requiring the United States to defend the … Read more
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LONDON, Sept 25 (Reuters Breakingviews) – Western countries have a window of opportunity to come up with a credible infrastructure plan for the developing world. China’s $1 trillion Belt and Road Initiative is drowning in bad debts and may be about to lose Italy, the only big rich democracy which is a member. The People’s … Read more