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Tag: Saudi Arabia

Posted on January 9, 2021

Bahrain FM lauds Kuwait Amir’s mediation efforts to heal Gulf rift

Bahrain’s Foreign Minister Abdulatif Al-Zayani praised on Friday His Highness the Amir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah’s mediation efforts, and coordination amongst Saudi Arabia, Bahrain, the …

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Posted on January 9, 2021

UAE joins Saudis in dropping Qatar blockade as Persian Gulf crisis ends

For 3 years a feud between neighbors in the Persian Gulf complicated American policy, but with Trump set to leave, Saudi Arabia and its partners are pulling back.

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Posted on January 9, 2021

Egypt thaws relations with Qatar after long-running feud

Egypt signed a reconciliation agreement with Qatar, along with Saudi Arabia, the United Arab Emirates and Bahrain, aimed at ending the Gulf blockade imposed on Doha since 2017, but it seems pending …

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Posted on January 9, 2021

Oil up About $1 Bbl, Set for Weekly Gain on Saudi Output Cut

NEW YORK (Reuters) – Oil prices hit 11-month highs and were on track for a weekly gain on Friday, supported by Saudi Arabia’s pledge to cut output and strong gains in major equity markets. Brent crude …

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Posted on January 9, 2021

Tajikistan hails GCC summit declaration

Tajikistan welcomed the results of the 41st GCC Summit, which was held in Al-Ula, Saudi Arabia, on January 5. The signing of the Al-Ula Declaration by Saudi Arabia, the United Arab Emirates, Kuwait, …

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Posted on January 8, 2021

Saudi Arabia wants to further strengthen trade ties with Pakistan

Ambassador of Saudi Arabia Nawaf Saeed Al-Malkiy Friday said that Saudi Arabia wanted to further deepen and strengthen its trade ties with Pakistan as both the countries have great scope to promote …

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Posted on January 8, 2021

UAE joins Saudis in dropping Qatar blockade as a Persian Gulf crisis ends

For 3 years a feud between neighbors in the Persian Gulf complicated American policy, but with Trump set to leave, Saudi Arabia and its partners are pulling back.

( read original story …)



Posted on January 8, 2021

Oil Gains to Near $55 on Saudi Cuts and Democratic Sweep

Brent oil climbed to near $55 a barrel as Saudi Arabia’s unilateral output cut eased over-supply fears and a Democratic sweep in the U.S. paved the way for more stimulus spending.

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Posted on January 8, 2021

UAE to Reopen All Entry Points With Qatar Following Gulf Dispute Thaw

The United Arab Emirates will reopen all its land, sea and air entry points with Qatar starting Saturday, state news agency WAM reported on Friday. Saudi Arabia announced a breakthrough in ending a …

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Posted on January 8, 2021

Russia, Kazakhstan pushing for oil production increases on the back of coronavirus vaccine-fuelled oil price optimism

Russia and Kazakhstan have won a concession from OPEC to increase production in the coming months at the expense of the Kingdom of Saudi Arabia, …

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