Saudi Arabia

World Military Spending: Increases in the USA and Europe, Decreases In Oil-Exporting Countries

World Military Spending: Increases in the USA and Europe, Decreases In Oil-Exporting Countries

The USA and Russia's spending returns to growth; Saudi Arabia’s spending falls significantly

Russia invites Saudi Energy Minister to take part in SPIEF

Russia invites Saudi Energy Minister to take part in SPIEF

Saudi Minister of Energy, Industry and Mineral Resources Khalid al-Falih was invited to take part in the 2017 St. Petersburg International Economic Forum (SPIEF), Russian Energy Minister Alexander Novak said …

Saudi King appoints son as country#039s ambassador to US

Saudi King appoints son as country's ambassador to US

Saudi Arabia’s King Salman bin Abdulaziz Al Saud appointed his son Prince Khalid bin Salman bin Abdulaziz Al Saud as the new country's ambassador to the United States among other …

Russian Foreign Ministry: Moscow and Riyadh deepening cooperation

Russian Foreign Ministry: Moscow and Riyadh deepening cooperation

There is a deepening of cooperation between Russia and Saudi Arabia in all areas, Russia's Special Presidential Envoy for the Middle East and Africa, Deputy Foreign Minister Mikhail Bogdanov said, speaking at the meeting …

Saudi King agrees to visit Moscow

Saudi King agrees to visit Moscow

Saudi Arabia’s King Salman bin Abdulaziz Al Saud said during a meeting with the speaker of the upper house of Russia's parliament, Valentina Matvienko, that he gave instructions to prepare his visit to …

Matviyenko, Saudi Arabia#039s king confirm necessary joint fighting terrorism

Matviyenko, Saudi Arabia's king confirm necessary joint fighting terrorism

Speaker of the Russian Federation Council (the parliament's upper house) Valentina Matviyenko and Saudi Arabia's King Salman bin Abdulaziz Al Saud confirmed the necessary joint fighting the international …

Oil set for longest gain since 2012

Oil set for longest gain since 2012

as Saudis seen extending cut

Saudi Arabia to extend oil output cuts - media

Saudi Arabia to extend oil output cuts - media

Saudi Arabia is likely to support extending OPEC output cuts into the second half of 2017 in an effort to boost oil prices, Bloomberg reported. OPEC is scheduled to gather in Vienna on May 25 to discuss whether to roll over for another …

Russia#039s tour price for hajj lowest in world

Russia's tour price for hajj lowest in world

Видео

The number of pilgrims from Crimea, travelling with Russian passports, is increasing

 Abdullah bin Mosaad bin Abdulaziz al Saud: we have no doubt in high level of holding Islamic Solidarity Games in Baku

Abdullah bin Mosaad bin Abdulaziz al Saud: we have no doubt in high level of holding Islamic Solidarity Games in Baku

Today, Baku held the final press conference of the participants of the meeting of the Executive Committee of the Islamic Solidarity Sports Federation (ISSF) dedicated to the preparation for the 4th Islamic Solidarity Games, which will …

Perfect Timing To Raise The Tone On Iran

Perfect Timing To Raise The Tone On Iran

With presidential elections scheduled for May the 19th, this rise in the tone of the international community couldn’t come at a worst timing for Iran

Saudi Prince thanks Ilham Aliyev and Mehriban Aliyeva for great preparation of Islamic Solidarity Games

Saudi Prince thanks Ilham Aliyev and Mehriban Aliyeva for great preparation of Islamic Solidarity Games

Saudi Prince, President of the Islamic Solidarity Sports Federation (ISSF) and President of Saudi Arabia`s National Olympic Committee, Abdullah bin Mosaad bin Abdulaziz al Saud, speaking at the opening of the Journey from the …

Oil#039s Magic Numbers

Oil's Magic Numbers

The magic range between despair and euphoria for oil producers of roughly $40 to $60 has become so tight

Russia-OPEC: two months before dialogue

Russia-OPEC: two months before dialogue

Russia Needs Data on Oil Supply, Markets to Decide on More Cuts

This is how many barrels of oil the 13 OPEC countries produced last month

This is how many barrels of oil the 13 OPEC countries produced last month

The oil cartel continues to dominate global oil markets

Sino-Saudi alignment creates strategic opportunity for Turkey

Sino-Saudi alignment creates strategic opportunity for Turkey

Erdogan declared Turkey’s national interests as “residing in the Suez Canal, the adjacent seas, and from there extending to the Indian Ocean”

Fitch downgrades Saudi Arabia#039s rating

Fitch downgrades Saudi Arabia's rating

Fitch Ratings cut its assessment of Saudi Arabia's credit quality, citing deterioration of state finances due to low oil prices and doubts over whether Riyadh can achieve its economic reform plans. Fitch downgraded Saudi Arabia by …

Oil prices are entering a bearish trend despite supply deal

Oil prices are entering a bearish trend despite supply deal

Oil prices have entered a bearish trend despite short-term bounces, supply cuts and improved demand estimates

Saudi Arabia continue reducing oil output

Saudi Arabia continue reducing oil output

Saudi Arabia’s crude oil exports dropped by about 300,000 barrels per day (bpd) in January, official data showed on Monday, as the top OPEC producer played its part in a global supply-cut pact to support prices and ease a glut. …

Iran blasts Saudi Arabia for continuing war on Yemen

Iran blasts Saudi Arabia for continuing war on Yemen

Iranian Foreign Ministry Spokesman Bahram Qassemi strongly blasted the Riyadh government for continuing attacks on Yemeni civilians, Al-Manar TV reports. “Saudi Arabia has fueled the flames of regional …

 Saudi minister: oil production cuts may be extended if necessary

Saudi minister: oil production cuts may be extended if necessary

OPEC and its allies may prolong production cuts after they expire in June if the world’s crude inventories remain excessive, Saudi Arabia’s Energy Minister Khalid Al-Falih said. The curbs will be …

Oil drops after Saudis tell OPEC they reversed some output cuts

Oil drops after Saudis tell OPEC they reversed some output cuts

Extending OPEC’s cuts will accelerate the re-balancing of the market and help prices to return to “acceptable” levels

Saudi defence minister to discuss bilateral relations with Trump

Saudi defence minister to discuss bilateral relations with Trump

Saudi Deputy Crown Prince Mohammed bin Salman left Saudi Arabia on Monday for the United States for a visit scheduled to include talks with US President Donald Trump, the Royal Court said in a statement. …

Saudi Arabia considers deporting 5 million illegal migrants

Saudi Arabia considers deporting 5 million illegal migrants

The Shoura Council of Saudi Arabia is discussing a system of regulations to combat illegal migration in the kingdom, Dhaka Tribune reports citing Al-Hayat newspaper. The council – also known as the consultative …

Iran and Iraq to r up oil production despite OPEC cuts

Iran and Iraq to ramp up oil production despite OPEC cuts

They are exploiting Saudi Arabia’s precarious position by taking steps to boost production

Gulf countries take back seat on Syria route

Gulf countries take back seat on Syria route

Gulf countries appear to favor a wait-and-see approach hinging on two unknowns: Trump's new US policy on Syria, and Russia’s capability to broker a deal

#039Daesh supporter#039 killed in Riyadh after resisting arrest

'Daesh supporter' killed in Riyadh after resisting arrest

Police officers in Riyadh have killed a suspected Daesh supporter and arrested his accomplice,. The incident occurred in a furnished apartment building in the Al-Rayyan district after a worker reported that one of the men had declared …

Malaysian police foiled attack on Saudi king

Malaysian police foiled attack on Saudi king

Malaysian police said seven militants arrested late last month ahead of a visit Saudi Arabia's King Salman bin Abdulaziz Al Saud were planning an attack on "Arab royalties". "They were planning to …

Saudi Arabia cuts light oil prices to Asia

Saudi Arabia cuts light oil prices to Asia

Global oversupply persists

Oil prices decline as U.S. stockpiles set record

Oil prices decline as U.S. stockpiles set record

U.S. crude stockpiles are jeopardizing OPEC’s efforts to drain a global surplus