Saturday, May 4, 2024

Coronavirus economic impact discussions; Saudi crown prince and UK’s PM

Al Arabiya television said on Sunday, that Saudi Arabia's Crown Prince Mohammad Bin Salman and British Prime Minister Boris Johnson discussed how to reduce...

Sale of Dogan set to tighten Erdogan’s grip over Turkish media

Turkey's Dogan Holding has started talks to sell its $890 million media arm to an unlisted firm seen as close to Tayyip Erdogan, a...

Nintendo worth more than Sony after Pokemon Go release

Nintendo on Tuesday shot past Sony in market value after the videogame giant's stock more than doubled since the release of the wildly popular...

Oil producers keep output freeze revival on standby if prices weaken

Russian Energy Minister Alexander Novak has a contrarian message for those who question the wisdom of freezing global levels of oil output. Despite the collapse...

Huge reserves, low public debt strong features of KSA economy

Some international rating agencies and institutions such as the IMF are being criticized for practicing a double standard when dealing with economic scenarios in...

Saudi Arabia to continue energy investments despite oil price drop- Naimi

Oct 2 Saudi Arabia is continuing with its investments in the oil and gas industry even with the current drop in oil prices, the...

Saudi video game developers prosper as demand grows

NPR reports: The Middle East has one of the world's fastest growing communities of online video gamers. With a majority of the population younger...

EU’s Borrell says Turkish gas drills off Cyprus ‘must stop’

Nicosia, Cyprus (AFP) - European Union foreign policy chief Josep Borrell said Thursday that "illegal" Turkish drilling for gas off the divided island of...

New Saudi oil minister believes in low prices and reform

It was January 2016 and oil prices had crashed to their lowest in more than a decade. Saudi Arabia's health minister, Khalid al-Falih, a favourite...

Oil surges to 2016 highs on reported Saudi-Russian deal

Oil prices surged Tuesday to 2016 highs on reports of an agreement between Saudi Arabia and Russia on freezing output. US benchmark West Texas Intermediate...

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