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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 …
Turkish Foreign Minister Mevlut Cavusoglu spoke by phone Wednesday with his Saudi counterpart Faisal bin Farhan Al Saud on a UN-backed deal signed by Russia and Ukraine to resume grain exports through the Black Sea. The two also …
Saudi Arabia is embarking on an ambitious plan to build the world’s largest structure in the northwest of the kingdom
Iran's Foreign Ministry Spokesman Nasser Kana'ani stated on Monday that Saudi Crown Prince Mohammad bin Salman has voiced Riyadh's readiness to take talks with Tehran to official and public levels. "Five rounds of …
Over 60 deposits of precious and nonferrous metals on the territory of Kazakhstan are proposed to be developed by businessmen from Saudi Arabia. This was announced by the President of Kazakhstan Kassym-Zhomart Tokayev during his visit to Saudi …
Saudi Arabia and Iraq increased oil exports to Europe, Bloomberg reports with a reference to the tracking data of sea vessels. According to the agency, the total flow from the Middle East in July reached 2.2 mln barrels per day, which …
Russian President Vladimir Putin and Crown Prince of Saudi Arabia Mohammed bin Salman Al Saud took note of the importance of fulfilling OPEC+ agreements to maintain stability on the global market in their conversation, the Kremlin’s press …
The last three presidents of the United States – Barack Obama, Donald Trump and Joe Biden – promised a partial disengagement from the Middle East to focus their country’s attention on China
Saudi Arabian and Iranian officials are conducting direct negotiations in order to restore relations between their countries, the Financial Times reported, citing sources. According to the sources, the first round of talks …
For more than half a century Tiran and Sanafir have been a point of dispute between Saudi Arabia and Egypt and could now play a major role in Israel-Saudi normalisation. According to …
During his Middle East tour, US President Joe Biden said that his country intends to remain active in the Middle East and is not going to "leave", leaving a "vacuum". "Let me be clear that …
Saudi Arabia is ready to increase oil production by up to 3 million barrels per day. This was announced by the Crown Prince of the Kingdom Mohammed bin Salman after yesterday's meeting with US President Joe Biden. "Riyadh has …
US President Joe Biden says Saudi Crown Prince Mohammed bin Salman Al Saud responsible for the 2018 assassination of journalist Jamal Khashoggi. He made the relevant statement at a press conference in Jeddah after the negotiations with the …
Israeli Prime Minister Yair Lapid on Friday hailed Saudi Arabia’s decision to open the kingdom’s airspace to Israeli commercial flights, describing the move as the culmination of an “intense and covert” …
From April to June 2022, Saudi Arabia imported 647 thousand tons of Russian fuel. This was reported by Reuters with reference to the market data and the traders' comments. This is more than twice as much as in the same period in …
BRICS International Forum President Purnima Anand has said that Turkey, Egypt and Saudi Arabia could "very soon" join the group of major emerging economies, which includes Brazil, Russia, India, China, and South Africa, according …
Turkish President Recep Tayyip Erdoğan and Saudi King Salman discussed bilateral relations and regional issues in a phone call Wednesday, the Presidential Communications Directorate said. The leaders also exchanged Eid greetings, the …
U.S. Secretary of State Antony Blinken will visit Israel, the West Bank, and Saudi Arabia on July 13-16. He will accompany U.S. President Joe Biden. The are expected "to consult with Israeli, Palestinian, Gulf and …
In the last four decades, the Gulf states have witnessed a level of development unprecedented in human history
