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Tag: Saudi Arabia

Posted on October 7, 2023

Why Saudi Arabia may be all alone in race to host 2034 FIFA World Cup

If Saudi Arabia could have designed a process for choosing future World Cup hosts, it might look similar to what FIFA unveiled this week for the 2030 and 2034 men’s soccer tournaments. The Saudi Arabian soccer federation became the favored — and possibly …
Posted on October 6, 2023

Analyst Predicts Lower Gasoline Rates As Saudi Arabia’s Crude Production Cuts Led To High Crude Prices

Despite the decreasing demand, the supply side is anticipated to remain steady. Sankey mentioned that it is unlikely that Saudi Arabia will further reduce production to maintain prices. The kingdom …
Posted on October 6, 2023

“Walk the walk, not just talk the talk” Top Senator calls on U.S. to stand up for human rights in Saudi Arabia

The White House is aggressively pursuing a “mega-deal” with Saudi Arabia and Israel, just as the Senate Committee on Foreign Relations saw its chairman step down following the indictment of Sen. Bob Menendez (D-NJ).
Posted on October 6, 2023

Gasoline prices are heading lower after Saudi Arabia pushed oil prices too high and crushed demand, analyst says

Wholesale gas prices will fall in coming months as oil demand keeps weakening, energy analyst Paul Sankey said. That’s partially as Saudi Arabia’s production cuts pushed oil prices too high, he told CNBC. It’s unlikely the kingdom will cut output further, as it risks losing oil market share.
Posted on October 6, 2023

20 Senators Urge Joe Biden To Tread Carefully On Potential Saudi Arabia-Israel Deal

Many lawmakers and foreign policy experts say the proposal risks exacting a high price from the U.S. without a clear benefit.
Posted on October 5, 2023

Senators warn Biden that a defense pact with ‘authoritarian’ Saudi Arabia in exchange for normalizing ties with Israel hurts American interests

Saudi Arabia is an “authoritarian regime” that undermines US national security, the senators wrote in a letter to the president.
Posted on October 5, 2023

Newcastle beats PSG 4-1 after Saudi project gets 2034 World Cup boost; Man City, Barcelona also win

Newcastle has capped a stellar day for Saudi Arabia’s soccer project with a 4-1 win over Paris Saint-Germain in the Champions League
Posted on October 5, 2023

World Bank sees Saudi economy contracting in 2023, MENA growth sharply lower

The World Bank expects Saudi Arabia’s economy to contract by 0.9% in 2023, it said in a report on Thursday, revising its growth forecast for the world’s top oil exporter sharply lower on the back of …
Posted on October 5, 2023

Qatar Airways Increases Saudi Network To Nine Destinations

Part of the Hegra archaeological site in Al-Ula, the first UNESCO World Heritage property in Saudi Arabia. Credit: Manfred Thürig/Alamy Stock Photo Qatar Airways is expanding its network in Saudi …

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Posted on October 5, 2023

Iran Plays Down Football Spat With Saudi

Iran’s top diplomat on Wednesday played down a spat with Saudi Arabia that prompted the cancellation of an Asian Champions League match, insisting relations with its longtime rival were improving.

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