Saudi Arabia

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Russian and Saudi top diplomats discuss Ukraine and Yemen

Russian and Saudi top diplomats discuss Ukraine and Yemen

Russian Foreign Minister Sergey Lavrov informed his Saudi counterpart, Saudi Foreign Minister Faisal bin Farhan Al Saud, about Russia’ special operation in Ukraine and peace talks with Kiev, the Russian foreign ministry said on Monday. …

Saudi, UAE leaders declined calls with Biden

Saudi, UAE leaders declined calls with Biden

Leaders in Saudi Arabia and the United Arab Emirates (UAE) declined calls with President Biden as the war in Ukraine intensified, Middle East and U.S. officials told The Wall Street Journal. "There was some expectation of a …

Azerbaijan intends to switch to renewable energy

Azerbaijan intends to switch to renewable energy

In mid-January, Azerbaijani and Saudi officials gathered in Baku to mark the start of construction on a 240MW wind power project. A deal had been signed for the $300m scheme, some 45km northwest of the capital, two years earlier. Not far …

Saudi Arabia to keep investing in clean oil and gas

Saudi Arabia to keep investing in clean oil and gas

 Saudi Minister of Energy Prince Abdulaziz Bin Salman said Saudi Arabia will continue to invest in clean oil and gas and expand the country’s production capacity. The minister of energy has warned that the sharp decline …

OPEC+ Can Do Little To Stave Off $100 Oil

OPEC+ Can Do Little To Stave Off $100 Oil

It is hard to see oil taking a bearish turn right now, with benchmark Brent crude trading at about $90 a barrel and U.S. benchmark West Texas Intermediate at around $88 a barrel, …

Saudi Arabia to invest billions in metaverse

Saudi Arabia to invest billions in metaverse

Saudi Arabia announced billions of dollars of investment in advanced technologies.  The kingdom will invest more than $6.4 billion in total. This includes a $1 billion investment in the NEOM Tech & Digital Company, …

‘Immune’ status required to use transport in Saudi Arabia

‘Immune’ status required to use transport in Saudi Arabia

The Saudi Arabian Transport General Authority has reiterated that starting February 1, vaccination with a booster dose and the “immune” vaccinated status in the Tawakkalna app will be a prerequisite for the use of land, sea and rail …