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The Saudi central bank said it provided 50 billion riyals ($13.3 billion) to support liquidity in the banking sector, according to a statement on twitter on Monday. The stimulus measure was introduced to help banks support and …
On the receiving end - Saudi Arabia, on the selling end - the US
Over 90,000 mosques will reopen on Sunday after being sanitised, Saudi Press Agency announced. The Ministry of Islamic Affairs, Call and Guidance is all set to reopen more than 90,000 major and minor mosques across the Kingdom, …
Russian President Vladimir Putin and Saudi Arabia’s Crown Prince Mohammed bin Salman bin Abdulaziz al-Saud have discussed the global energy market over the phone, and stressed the importance of the OPEC+ deal, the presidential office said …
Russian President Vladimir Putin and Saudi Arabia's Crown Prince Mohammed bin Salman, in a telephone call, agreed on further "close coordination" on oil output restrictions, the Kremlin said on Wednesday, Arab News reports. …
Russia overtook Saudi Arabia as China’s top crude oil supplier in April, customs data showed, with imports rising 18% from the same month a year earlier as refiners snapped up cheap raw materials amid a price war between the two …
Saudi Arabia has recorded another 2,642 new cases of coronavirus, taking the total number of coronavirus cases in the Kingdom to 67,719, the Ministry of Health announced, Gulf News reported. Despite an increase in daily confirmed …
The price war between Saudi Arabia and Russia on the global oil market may start again when prices return to the level of $50-55 a barrel, Department Director of S&P Global Ratings in Russia Alexander Gryaznov said. "Some kind …
The Energy Ministry of Saudi Arabia will soon announce the opening of two new oil fields that were discovered in the first three months of this year, Arab media reported, citing a communication from the kingdom's oil company Saudi Aramco, …
Saudi Arabia stood by its pledge to curtail oil output under the OPEC+ deal, reducing shipments to the prized Asian market, Bloomberg reported citing sources. "Saudi Aramco cut contractual volumes for June loading to at least …
while Gulf States cut deeper
Amid the financial crisis in the kingdom, an increase in opposition sentiment is possible
UAE, Jordan and Iran among countries in Middle East that have partially lifted coronavirus lockdown restrictions
Moody's downgraded Saudi Arabia's sovereign outlook to negative from stable, citing increased downside risks to the kingdom's fiscal strength from the oil rout. "The shock transmits mainly through the loss in …
The conflict between Turkey and this bloc is expected to intensify in various parts of the Middle East and North Africa
As the United States pressed Saudi Arabia to end its oil price war with Russia, President Donald Trump gave Saudi leaders an ultimatum, Reuters reports. In an April 2 phone call, Trump told Saudi Crown Prince Mohammed bin Salman that …
The construction of a high-tech city involves the forced eviction of a tribe
For the first time, two Asian countries were among the top three with China and India
Saudi Arabia will no longer impose the death sentence on individuals who committed crimes while still minors, the state-backed Human Rights Commission (HRC) said in a statement, citing a royal decree by King Salman. “The …
All this at a time when the countries face explosive social unrest
