Saudi Arabia invited to Uzbek investment forum
Uzbekistan’s Ambassador Alisher Kadirov said Thursday that his country and Saudi Arabia are riding the crest of excellent bilateral ties.
“Since the establishment of diplomatic...
UAE discovers natural gas reserves between Abu Dhabi, Dubai
The United Arab Emirates, a leading OPEC producer, announced Monday the discovery of huge gas reserves between Abu Dhabi and Dubai.
The shallow natural gas...
Saudi Prince Mohammed unveils "Vision 2030" economic reforms
Saudi Arabia's Deputy Crown Prince Mohammed bin Salman announced a sweeping reform plan on Monday that he said would transform the kingdom into a...
Egypt bans domestic trading of imported wheat
Egypt has banned the trading of imported wheat inside the country, Supply Minister Khaled Hanafi said on Wednesday, a move which could reduce smuggling...
Russia says ready to ramp up oil output, challenging Saudi
Russia said on Wednesday it was prepared to push oil production to historic highs, just days after a global deal to freeze output levels...
Lebanese c.bank says can’t use obligatory reserve to finance trade
BEIRUT (Reuters) - The Lebanese central bank cannot use its obligatory reserve to finance trade once it reaches its minimum threshold, governor Riad Salameh...
Only five non-member countries attend oil meeting with OPEC
Only five non-OPEC countries have sent representatives to a meeting of OPEC and non-OPEC oil market experts that began on Wednesday at the petroleum...
Israel bans Palestinian agricultural exports
Palestinian Agriculture Minister Riyal al-Attari said on Saturday that Israel has escalated a trade war with the Palestinians by stopping their agricultural exports through...
Iraq looks to reopen oil pipeline through Saudi Arabia
Iraq is seeking to reopen its crude oil export pipeline through Saudi Arabia, shut in 1990, state newspaper Assababah reported citing an unidentified Iraqi...
Oil slump has uneven impact on global prices at the pump
A dramatic drop in oil prices is translating into a mixed bag for motorists across the globe - from hefty savings at the pump...
