Israeli businessmen set to visit Saudi Arabia as Gulf normalisation deepens
Yesterday, Israel signed a free trade agreement with UAE , as ties with the number of Gulf states increase
Saudi Arabia
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Lavrov arrives in Riyadh
Foreign Minister Sergey Lavrov arrived in Riyadh as part of a trip to the countries of the Persian Gulf. According to RIA Novosti, Lavrov will hold talks with his Saudi counterpart Faisal bin Farhan Al Saud. It is noted …
G7 demands oil from OPEC
G7 energy ministers have called on the Opec group of oil producing countries to pump more oil
Saudi Arabia and Argentina showing interest in BRICS
Riyadh and Buenos Aires show interest in BRICS activities, Russian Foreign Minister Sergey Lavrov said in an interview with RT Arabic. "The interest in it [BRICS group - TASS] is showed by our Saudi friends and Argentina, which …
Qatar minister slams west for demonizing oil and gas
For years, Western countries have been pushing for an end to oil and gas, and now they are reaping what they sow
Saudi Arabia sees no crude oil shortage
The oil market "is relatively in balance," Saudi Arabia's foreign minister Faisal bin Farhan al-Saud said, as the kingdom continues to brush off calls to produce more crude to bring down soaring prices. Consumers' pain …
Saudi Arabia signals support for Russia’s role in OPEC+
Saudi Arabia has signalled it will stand by Russia as a member of the Opec+ group of oil producers despite tightening western sanctions on Moscow and a potential EU ban on Russian oil imports. Prince Abdulaziz bin Salman, the energy …
Saudi-Turkish reconciliation is a cause for concern in Iran
Following a year of intense diplomatic efforts to normalise relations and turn over a new leaf, relations between Turkey and Saudi Arabia seem to have warmed following the two-day visit of Turkish President Recep Tayyip Erdogan to Riyadh on …
Saudi Aramco net profit soars 82% in Q1
State-owned oil producer Saudi Aramco on Sunday reported an almost 82% rise in first-quarter net profit, broadly in line with analyst forecasts, helped by strong oil prices. Aramco, which is at par with Apple Inc as the world's most …
Apple is no longer the world’s most valuable company
Oil giant Saudi Aramco on Wednesday surpassed Apple as the world’s most valuable firm. Aramco’s market valuation was just under $2.43 trillion on Wednesday, according to FactSet, which converted its market cap to …
World runs out of energy capacity at all levels, Saudi energy minister warns
Persistently low investment in conventional energy sources risks leaving the world running out of spare production capacity for crude oil, refined products, and natural gas
Four processes of relations normalization in Middle East
President Recep Tayyip Erdoğan visited Saudi Arabia at the invitation of King Salman in the final days of Ramadan, starting a new chapter in bilateral relations. It was clear that Ankara and Riyadh needed to hold talks on many …
OPEC splits US legislators
A U.S. Senate committee passed a bill yesterday that could expose the Organization of the Petroleum Exporting Countries and partners to lawsuits for collusion on boosting crude oil prices
CIA chief Burns visited Saudi Arabia
CIA Director William Burns paid a secret visit to Saudi Arabia in April, where he met with Crown Prince Mohammed bin Salman. The purpose of the talks is to overcome the crisis in relations between the two countries. According to a Wall …
Turkey’s tourism sector pins hope on vacationers from Saudi Arabia, UAE
The diplomatic steps Turkey has recently taken as part of the normalization of relations with Saudi Arabia and the United Arab Emirates (UAE) are reflecting on business as well. Accordingly, Turkish tourism representatives expect a high …
Why Turkey and Saudi Arabia are resetting relations
On 28 April Turkey’s President Recep Tayyip Erdogan landed in Saudi Arabia for a two–day visit for the first time in around five years. The trip came after several attempts to repair ties amid the acute shift …
Erdogan arrives in Saudi Arabia on first time in years working visit
Turkish President Recep Tayyip Erdogan arrived in Jeddah on Thursday, his office said, making his first trip to Saudi Arabia since 2017 after intense efforts by the regional rivals to repair ties which have been strained in recent years. …
Saudi-Kuwaiti tensions with Iran over offshore gas field
A relatively straightforward legal dispute could have geopolitical consequences
Imran Khan's ousting could push Pakistan closer to Saudi Arabia
Pakistan's new prime minister, Shehbaz Sharif, will find it difficult to consolidate his country's position in the Arab and Muslim world and match his ousted predecessor Imran Khan's charisma as a global statesman
Saudi Arabia reconciles with Lebanon
The Saudi-Lebanese crisis came to a head in the fall of 2021, after a Lebanese official was revealed to have harshly criticized Saudi Arabia’s campaign in Yemen
