Saudi Arabia

IMF: Global growth is not expected

Persistent supply chain disruptions and inflation pressures are constraining the global economy's recovery from the COVID-19 pandemic, the International Monetary Fund said on Tuesday as it cut growth outlooks for the United States and other major industrial powers

Saudi and Iran agree to reopen consulates - source

Regional arch-rivals Saudi Arabia and Iran are showing signs of warming relations, a foreign diplomat said. A foreign diplomat residing in the kingdom who is privy to the negotiations said that the two sides "were on the verge of …

UN welcomes negotiations between Saudi Arabia and Iran

United Nations Secretary General Antonio Guterres welcomed the negotiations between the Kingdom of Saudi Arabia and Iran and said he was ready to help at any time, according to a press conference held by the spokesperson for the …

Saudi Aramco cuts crude price to main buyers

Saudi Arabia reduced oil prices for its main buyers, a day after OPEC+ sent crude futures surging by sticking to a plan for slow and steady supply increases. State firm Saudi Aramco’s cuts for customers in Asia, Europe and the …

China and Arab States boost e-commerce

Though the energy sector has been underpinning China-Arab trade ties, cross-border e-commerce has increasingly been turned to as a vital thoroughfare linking Arab states and their largest trading partner