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An Israeli commercial flight flew over Saudi Arabia's airspace early on Tuesday en route to the island country of Seychelles, marking the first time that an Israeli flight to a non-Gulf destination has taken such a route. Arkia …
China is developing closer relations with Middle Eastern countries and its growing economic presence there has been accelerated by the waning influence of the U.S. in the region since 2011
Saudi Arabian Energy Minister Prince Abdulaziz bin Salman said “extreme” volatility and lack of liquidity mean the futures market is increasingly disconnected from fundamentals and OPEC+ may be forced to cut production. …
Oil rose on Tuesday as renewed concerns over tight supply dominated market sentiment after Saudi Arabia warned that the major oil producer could cut output to correct a recent oil price decline. Brent crude gained 42 cents, or 0.4%, to …
Established in 2001 as a successor to the Shanghai Five, the Shanghai Cooperation Organization is the largest regional grouping in Eurasia, covering around 40 percent of the world’s population and 30 percent of global economic output. …
This is Saudi Arabia, the world’s biggest exporter of oil, so it’s no surprise the property market is red-hot as income from a spike in energy prices flows through the economy. According to Bloomberg citing Almajdiah’s chief …
OPEC+ will start preparing a new post-year deal soon, Saudi Energy Minister Prince Abdulaziz bin Salman told Bloomberg. According to him, the development will be carried out on the basis of the already gained "experience, successes …
The imperative to read and pursue knowledge is established in early Muslim scripture with Islamic tradition
Saudi Arabia's ACWA Power intends to build a 1.5 GW wind farm in Karakalpakstan in north-west Uzbekistan. "This project will be the largest wind farm not only in the region, but the whole world. The wind farm will be able to …
Enlight Renewable Energy Ltd. plans to create a joint venture with Israeli natural gas producer NewMed Energy LP that will develop renewable energy projects in North Africa and the Middle East
Saudi and US forces launched a joint military drill in the Red Sea province of Yanbu on Saturday, the state news agency SPA reported. SPA said the month-long exercise, codenamed “Native Fury 22”, includes combined …
Saudi company Kingdom Holding, which was founded by Prince Alwaleed bin Talal, invested more than $500 mln in Rosneft, Lukoil and Gazprom during the first quarter of this year, the Saudi firm said on Sunday. From February 22 to March 22 …
Gulf travelers prefer domestic tourism; traditional destinations are no longer attractive
Saudi businessman Muhammad Al-Qahtani collapsed and died while giving a speech at a conference in Egypt. The businessman reportedly residing in the United Arab Emirates was giving a speech at the speaking at the Arab-African Conference …
The eighth naval bilateral military exercise Native Fury 22 between the United States and Saudi Arabia started on Tuesday in the Red Sea, the US Central Command said. “The Kingdom of Saudi Arabia and U.S. Marine Corps Forces, …
Saudi Arabia's aim is to localize over 50 percent of military equipment spending by 2030
Saudi Arabia has submitted an official bid to host the 2029 Asian Winter Games in NEOM's futuristic Trojena sports city, the kingdom's state-run press agency SPA reported. Trojena is part of NEOM, a planned megacity and the …
The Middle East Monitor writes about four landmark green innovative projects that can make the Middle East sustainable
The OPEC oil cartel and its allies decided Wednesday to boost production in September by a much slower pace than in previous months. OPEC, led by Saudi Arabia, and its allies, led by Russia, said they will increase output to 100,000 …
Saudi Arabia’s economy expanded 11.8% in the second quarter, maintaining the fastest pace of growth since 2011 buoyed by higher oil prices and production, Bloomberg reported. Non-oil gross domestic product - the engine of job …
