The East-West pipeline, also known as Petroline, is a critical piece of Saudi Arabia’s energy infrastructure, allowing crude to be transported from the Gulf to the Red Sea and bypass the Strait of …
US-Iran war: India, Saudi discuss trade stability in virtual meet
India and Saudi Arabia strategize to maintain uninterrupted goods and energy flow amid West Asia’s geopolitical volatility.
PM reaffirms strong commitment to expand cooperation with Saudi Arabia in all fields
Prime Minister Shehbaz Sharif met Saudi Finance Minister Mohammed bin Abdullah Al Jadaan, reaffirming Pakistan’s commitment to expand trade and investment cooperation with Riyadh.
Pakistan and Saudi Arabia strengthen economic ties: A meeting with Prime Minister Shehbaz Sharif
Strengthening Bonds: Pakistan’s Commitment to Saudi Arabia Islamabad: Prime Minister Shehbaz Sharif has reaffirmed Pakistan’s dedication to enhancing its economic relationship with Saudi Arabia during …
Pakistan, Turkey, Egypt and Saudi Arabia emerge as a new regional power bloc amid Iran war
It is against this backdrop, in which both Iran and Israel are considered regional pariahs, that Pakistan, Saudi Arabia, Turkey and Egypt have ramped up their efforts to secure stability in the Middle …
Syria and Saudi Arabia sign multibillion-dollar investment deals to boost economy
DAMASCUS, Syria (AP) — Syria and Saudi Arabia signed multibillion-dollar investment agreements on Saturday, including a major telecommunications project, a low-cost joint airline and an international …
2 years ago, Saudi Arabia quietly canceled the ‘petrodollar’ deal with America that wired the world economy for 50 years. Then war broke out in Iran
The ongoing conflict in the Gulf, however, has newly exposed the weakness of the petrodollar. Following the first U.S.-Israeli attack, Iran effectively closed the Strait of Hormuz, through which 20% …
Saudi Arabia’s non-oil business activity shrinks in March amid conflict, PMI shows
April 5 (Reuters) – Saudi Arabia’s non-oil private sector activity contracted in March for the first time since August 2020, as the war in the Middle East snarled up supply chains, a business survey …
Saudi Arabia to get 50 new business hotels under $1bn AYARA platform backed by US investors
US Patel Family Office and Saudi AHQ sign $1bn deal to launch AYARA, a 50-hotel business network across Saudi Arabia by 2029 …
Saudi Arabia to get 50 new business hotels under $1bn AYARA platform backed by US investors
US Patel Family Office and Saudi AHQ sign $1bn deal to launch AYARA, a 50-hotel business network across Saudi Arabia by 2029 …