Business conditions in Saudi Arabia improved for the first time since September as the effects of the pandemic ebbed away despite sluggish gains in employment and some labor shortages. Most Read from …
Saudi Arabia may raise April crude prices to Asia to all-time highs
Top oil exporter Saudi Arabia may sharply hike prices of crude for Asia in April, trade sources said on Wednesday, with differentials for most grades hitting all-time highs as global supplies tighten …
First publicly tendered wind project in Uzbekistan
Uzbekistan’s Ministry of Energy has announced the development of its US$108 million MW Nukus wind project with Saudi Arabian renewable energy investor and developer, ACWA Power. ACWA Power’s winning …
First publicly tendered wind project in Uzbekistan
Uzbekistan’s Ministry of Energy has announced the development of its US$108 million MW Nukus wind project with Saudi Arabian renewable energy investor and developer, ACWA Power. ACWA Power’s winning …
Saudi Arabia’s actual budget deficit in 2021 narrows to $19.6bln
RIYADH: Saudi Arabia reported a narrower budget deficit for 2021 from what was previously estimated in December, Ministry of Finance showed in a new data release. Despite a jump in government spending …
‘It’s time for Saudi Arabia to step up and be the friend to the U.S. and Asia,’ says John Kilduff
John Kilduff, Again Capital founding partner, joins ‘Closing Bell’ to discuss what the market is telling investors today, what investors can read from various price signals and what Kilduff expects …
Oil prices are rising fast. Saudi Arabia may not come to the rescue
A global hunt for spare barrels of crude is underway as sanctions slam Russia, the world’s second largest exporter, following its invasion of Ukraine.
Oil prices are rising fast. Saudi Arabia may not come to the rescue
A global hunt for spare barrels of crude is underway as sanctions slam Russia, the world’s second largest exporter, following its invasion of Ukraine.
Lucid confirms Saudi Arabia plant for 2025, “ultra-high-efficiency” Gravity SUV for 2024
Lucid confirmed a delay for its Gravity SUV—for “a better product—and announced its first plant beyond its home U.S., for Saudi Arabia.
Lucid to begin construction of its first international plant in Saudi Arabia in H1 2022
Lucid has announced a long-term strategy to establish innovative vehicle production in Saudi Arabia in order to meet global demand.