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Tag: Saudi Arabia

Posted on June 9, 2020

Canada doubles weapons sales to Saudi Arabia despite moratorium

Canada sells nearly C$3bn of military equipment in 2019 despite ban on new exports over human rights concerns …

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Posted on June 9, 2020

Asian Crude Oil Buyers Shocked by Saudi Arabia’s Price Hike

Saudi Arabia’s steep hikes to its crude prices for July have shocked some Asian refiners even as the region leads a rebound in global energy consumption following coronavirus lockdowns.Aramco’s price …

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Posted on June 9, 2020

Coronavirus: Saudi Arabia’s economy shows strengths despite COVID-19, say experts

Saudi Arabia’s economy was negatively impacted by the COVID-19 pandemic, but experts voiced their optimism and highlighted the silver linings throughout the nearly three-month-old crisis on Monday. As …

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Posted on June 9, 2020

The Saudi-Russia oil price war was a ‘very big mistake,’ Qatar energy minister says

The call to open the taps on oil production pulled the floor from under the market as Saudi Arabia slashed its selling prices and increased production after Russia refused to join its plan to further …

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Posted on June 9, 2020

Ali Allawi: Iraq must cut red tape to do business with Gulf

The finance minister, who visited Saudi Arabia and Kuwait last month, said he avoided discussing Iraq’s need for financing to plug a huge budget deficit expected this year. He said he focused instead …

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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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