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Tag: Saudi Arabia

Posted on June 8, 2020

Saudi Arabia to End Extra Voluntary Oil Cuts After June

(Bloomberg) — Saudi Arabia’s extra voluntary oil-production cut, which came on top of the OPEC+ supply curbs, will cease at the end of this month as demand recovers. Crude prices erased gains as …

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Posted on June 8, 2020

Coronavirus Watch in Mideast: COVID-19 cases exceed 170,000 in Iran, Turkey; Saudi Arabia’s tally surpasses 100,000

A customer tries on a specially-designed wedding gown with a mask in Ankara, Turkey, on June 6, 2020. (Xinhua/Mustafa Kaya) — Iran’s COVID-19 cases rise to 171,789 with 2,364 new cases; — Turkey’s …

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Posted on June 7, 2020

Saudi Arabia to keep buying arms despite economic crisis

When Saudi Arabia unveiled tough austerity measures last month few areas of government spending were expected to be untouched. But in one sector — defence — the message to industry executives was …

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Posted on June 7, 2020

Saudi Arabia to work out peace deal with Qatar over TV rights in a bid to save Newcastle takeover

The station complained that a pirate operator in Saudi Arabia has infringed their commercial rights by simulcasting their stream to broadcast to homes throughout the Kingdom.

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Posted on June 6, 2020

Saudi Arabia’s Secret Plans to Unveil Its Hidden da Vinci—and Become an Art-World Heavyweight

Since buying the world’s most expensive painting three years ago, Saudi Arabia has kept it out of sight. Now, answers are emerging—alongside its big-league art ambitions.

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Posted on June 6, 2020

Floods Strike 20 Refugee Camps in Yemen, Saudi Arabia Comes to Aid

The Saudi Development and Reconstruction Program for Yemen reopens roads after flooding in Aden. (SPA) Twenty refugee camps in southern and eastern Yemen have been struck by flooding from heavy …

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Posted on June 6, 2020

Crown Prince Mohammed bin Salman’s Saudi Arabia dream: will Neom survive the oil-price slump?

There isn’t much about the view along the Red Sea’s northeast coastline that gives you a clue to its promised future. Flat, burnt-orange sands loll gently to the deep blue coastline of this remote …

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Posted on June 5, 2020

OPEC, allies coordinating to hold Saturday meeting: Saudi Arabia

Saudi Arabia’s energy minister said on Friday that OPEC and its allies, a group known as OPEC+, were working to hold their oil output policy meeting on Saturday.

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Posted on June 5, 2020

OPEC+ Set to Extend Output Cuts After Breakthrough With Iraq

Talks to extend OPEC+ production cuts hit an impasse on Thursday after Iraq said it will only be able to reach its output target at the end of July, defying an ultimatum from Saudi Arabia and Russia …

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Posted on June 5, 2020

OPEC+ Talks Hit Impasse as Iraq Goes Slow With Output Cuts

Talks to extend OPEC+ production cuts hit an impasse on Thursday after Iraq said it will only be able to reach its output target at the end of July, defying an ultimatum from Saudi Arabia and Russia …

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