Saudi Arabia has increased crude production “significantly” to a near-record level amid intense pressure from U.S. President Donald Trump to reduce prices....
Japan’s SoftBank said on Tuesday it is working closely with Saudi Arabia’s sovereign wealth fund on a solar power-generation project, dismissing a Wall Street Journal...
Saudi International Petrochemical Co. signed a non-binding agreement to acquire Sahara Petrochemical Co. in an all-share deal valued at just over $2 billion....
Despite ranking first in global oil exports, Saudi Arabia is investing in electric vehicles and renewable energy, in addition to other tech startups. We dive...
Currently, the most likely scenario would be Aramco tapping its own cash for around $20 billion of the US$70-billion acquisition price tag, while the remaining...
The chief technology officer of Saudi Aramco, Ahmad Al-Khowaiter, sat down with Axios on the sidelines of a recent conference in New York to discuss...
Growth in Saudi Arabia's non-oil private sector slowed to a four-month low in September, a monthly survey of companies showed on Wednesday, casting doubt on...
A third country can participate in the China-Pakistan Economic Corridor (CPEC) by taking part in the business and investment ventures arising out of the project,...
CNN World
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Hamdi Alkhshali, Aqeel Najim and Sheena McKenzie |
10.3.2018
Under the power-sharing system installed after the 2003 US-led invasion, Iraq has kept a tradition of naming a Kurdish president, a Shiite prime minister and...
From helping Egypt with a new Suez Canal to building a 10-billion-dollar industrial city on the Omani coast, the pace of investment has been unrelenting....
Bloomberg
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Serene Cheong , Anthony Dipaola , and Mohammed Sergie |
10.3.2018
Dubai is the U.A.E.’s main importer of Iranian oil. The country’s biggest city buys a light oil called condensate that’s produced in Iran’s natural gas...
No sooner has Egypt achieved its milestone of regaining self-sufficiency in natural gas than another corner of the energy market threatens to deal a new...
Energy transition is increasingly becoming a reality for many countries in the Middle East, and the commercial and technological trends now reshaping the power generation...
Islamic State announced on Tuesday the death of a senior member of the group in Egypt’s Sinai peninsula, according to a social media posting, dealing...
The depreciation of Yemeni riyal continued in recent days. In the street markets in Aden, where the Saudi-backed government is officially based, one U.S. dollar...
Turkey’s finance minister has blamed “opportunism and stockpiling” for a soaring rate of inflation that reached almost 25 per cent in September in the wake...