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Tag: Saudi Arabia

Posted on January 8, 2024

Investors are rushing to short oil as Saudi Arabia slashes crude prices and funds look poised to sell

Saudi Arabia slashed the price of its flagship crude to its lowest level in two years, with the price drop set to take effect in February.
Posted on January 8, 2024

Saudi Arabia’s New HQ Mandate Lures Global Tech Giants, Amazon, Microsoft, Google To Follow

These reforms are part of Saudi Arabia’s vision to transform into a tourism and commercial hub, backed by plans for trillions of dollars in investment. The move will likely be a strategy to rival …
Posted on January 8, 2024

Oil falls on Saudi Arabia’s price cuts

Crude oil prices (BZ=F, CL=F) are falling Monday morning following price cuts on Saudi Arabian suppliers. Yahoo Finance Senior Reporter Jared Blikre observes the geopolitical pressures looming above …
Posted on January 8, 2024

Amazon, Microsoft and Google are opening Saudi Arabia HQ’s as kingdom tries to stop tech giants from working out of Dubai

Global technology giants including Amazon.com Inc., Alphabet Inc.’s Google and Microsoft Corp. are among firms working to ramp up their presence in Saudi Arabia amid pressure from the government, …
Posted on January 8, 2024

Germany will not oppose further Eurofighters for Saudi Arabia

Germany is prepared to allow further deliveries of Eurofighter jets to Saudi Arabia, German Foreign Minister Annalena Baerbock said on Sunday.
Posted on January 7, 2024

Saudi Arabia cuts Feb Arab Light crude price to Asia to 27-month low

Top oil exporter Saudi Arabia on Sunday cut the February price of its flagship Arab Light crude to Asian customers to the lowest level in 27 months, a company statement showed, amid competition from …
Posted on January 7, 2024

Nigeria signs MoU with Saudi Arabia on 2024 Hajj

Nigeria has signed a Memorandum of Understanding (MoU) with the Saudi Arabian authorities towards the smooth conduct of the 2024 Hajj. The Assistant …
Posted on January 7, 2024

Jordan Henderson wants out of Saudi Arabia – but returning home could cost millions in tax

Getty Images/Francois Nel Jordan Henderson wants to quit Saudi Arabia after less than six months and return to the Premier League in a move that could cost him millions. Telegraph Sport has been told …
Posted on January 7, 2024

Will Saudi Arabia’s recent gold discovery provide a major boost to its economy?

Saudi Arabia’s latest gold discovery has led to speculation it could emerge as a major regional producer of the precious metal.The Saudi Arabian Mining Company (Ma’aden) last week announced it found …
Posted on January 6, 2024

Anthony Joshua to fight MMA star Francis Ngannou in Saudi Arabia

Former heavyweight champion Anthony Joshua’s next fight will be against MMA star Francis Ngannou in Saudi Arabia.

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