Sunday, November 23, 2025

Saudi Prince Mohammed considering subsidy cuts after oil price slump

Saudi Arabia may reduce energy and water subsidies for wealthy citizens among other reforms to diversify its economy away from oil amid a sustained...

Saudi Aramco expects oil prices to rise by end of 2016

Saudi Arabia's state-owned oil giant expects oil prices will climb toward the end the year, saying the current price of around $30 a barrel...

$10 billion Saudi funds boost for Jordan trade

A 40-member Saudi trade delegation has headed for Amman to participate in the Jordanian-Saudi Economic Forum, which concludes on Thursday. The delegation headed by Mohammed...

Oil falls after Saudi-Venezuela talks

Crude oil prices slid lower Monday, pushing US oil below $30 a barrel, after weekend talks between OPEC kingpin Saudi Arabia and Venezuela dashed...

Post-sanctions Iran invites Boeing for talks

Iran has invited US plane manufacturer Boeing for talks on modernising its fleet, Transport Minister Abbas Akhoundi said Thursday, weeks after Tehran's nuclear deal...

Saudi's Arab National Bank places 2 bln riyal sukuk

Saudi Arabia's Arab National Bank has received regulatory approval to raise 2 billion riyals ($533.28 million)through sukuk which will enhance its supplementary capital, it...

The inside story of the biggest hack in history – CNN

Three years ago, the world witnessed the worst hack ever seen. And for the first time, we're now learning new details about the monstrous...

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...

Focus on jobs at heart of Saudi reforms

Saudi Arabia plans to spend billions of riyals on technical training and other initiatives to boost the number of its citizens in private sector...

World Bank: New bond scheme for Middle East and North Africa by spring

A new international bond and grant scheme to help countries dealing with the fallout of war and instability in the Middle East and North...

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