How will the Ukraine crisis impact OPEC+ strategy?
The countries participating in the deal to reduce oil production did not adjust the previously adopted plan to increase production
Saudi Arabia
page 22
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 …
Turkey is winning back the Eastern Mediterranean
Faced with economic and pandemic-related challenges at home, Ankara is, nevertheless, riding high beyond its borders
Saudi Arabia claims victory in its first ever women's international match
It was a historic day for Saudi Arabia as the women's national football team played, and won, its first official international match on Sunday. The Saudis traveled to the Maldives to beat the Seychelles 2-0 in a friendly which comes …
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 …
Erdogan visits UAE to strengthen economic, political ties
The official visit is aimed at strengthening constructive dialogue to ensure regional peace and push bilateral relations to the next level
Raisi: Iran is ready to continue negotiations with Saudi Arabia until a result is achieved
Iran is ready to negotiate with Saudi Arabia until a result is achieved. This was announced by the President of the Islamic Republic, Ebrahim Raisi, during a telephone conversation with Iraqi Prime Minister Mustafa al-Kadhimi. …
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, …
Qatar rejects normalisation with Israel
Despite strengthening relations with US, Qatar still reluctant to join other regional states in establishing formal ties with Israel
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
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 …
Saudi woman gives birth to 5 sets of twins
A Saudi woman has given birth to 5 sets of twins in a natural childbirth, a local newspaper has reported. The 34-year-old woman, who became a mother 12 years ago, gave the birth at the King Salman Armed Forces Hospital in …
Azerbaijan, Saudi Arabia’s ACWA Power Break Ground for $300M Wind Farm
Azerbaijan has taken a huge step towards the transition to "green" energy. Last week government officials from Azerbaijan and Saudi Arabia attended a groundbreaking ceremony for a wind power plant in Azerbaijan’s Absheron and …
Saudi Arabia records highest number of daily COVID-19 infections
Saudi Arabia recorded the highest number of daily COVID-19 infections since the beginning of the pandemic on Wednesday. There were 5,362 new cases recorded from the previous 24 hours, pushing the total number of recorded cases to …
How Turkish-Saudi ties can move forward
The winds of normalisation are blowing across the Middle East bringing calm to the Gulf and to ties between Turkey and Egypt. The latest rapprochement appears to be between Turkiye and Saudi Arabia, …
UAE’s reasons for cancelling the agreement for purchase of F35
Days after the UAE’s decision to cancel the agreement regarding purchase of F35 jets from the US, a …
OPEC's+ five years: Expect More Turbulent Years Ahead for the Oil Producers
The OPEC+ group of oil producers celebrated their fifth birthday in early December. It’s been a turbulent time - more so than they could have imagined when they first came together to face the threat posed by the U.S. shale boom …
Saudi-led coalition hits Yemen
Today the Saudi-led coalition fighting in Yemen says it struck a Houthi rebel camp in the capital Sanaa, since they launched more than 400 ballistic missiles towards Saudi Arabia, …
US intel: Saudi Arabia builds its own ballistic missiles with help of China
US intelligence agencies have assessed that Saudi Arabia is now actively manufacturing its own ballistic missiles with the help of China
Fighter Jets Versus Drones Over The Middle East
A Royal Air Force Eurofighter Typhoon shot down a small drone over the U.S. Al-Tanf base in southern Syria this month. The RAF fighter used an Asraam (Advanced Short Range Air to Air Missile) to destroy the small incoming drone, …
