Saudi Arabia and the world
Thursday, Mar 23, 2023
The World in the Heart of the Kingdom
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Saudi energy minister discusses global oil markets with Russian deputy PM
Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman met with the Deputy Prime Minister of Russia Alexander Novak in Riyadh on Thursday.
During the meeting, the ministers discussed global oil markets and the efforts of the OPEC+ group to promote market balance and stability.
They stressed their countries’ commitment to the decision made by OPEC+ last October to cut production by two million barrels per day until the end of 2023.
The officials also discussed continuing Saudi-Russian cooperation within the OPEC+ framework to enhance global oil market balance and stability.
Matarat Holding inks deal with Egis to serve 26 airports in Saudi Arabia
Saudi state-owned aviation management firm Matarat Holding Co. has inked a three-year contract with consulting company Egis to serve 26 airports in Saudi Arabia, as the Kingdom ...
Moody’s affirms ratings of 10 Saudi banks
Amid a challenging global financial environment, global credit ratings agency Moody’s on Wednesday affirmed the long-term deposit ratings on 10 banks in Saudi Arabia and the sen...
Saudi Arabia and China tourism officials discuss Kingdom’s ambitious tourism target
Saudi Tourism Authority’s CEO has held a meeting with China’s Vice Minister of Culture and Tourism to discuss ways to elevate and enhance strategic collaborations in the tourism...
OPEC+ likely to stick to its guns despite price slump, delegates say
The Organization of the Petroleum Exporting Countries (OPEC) and allies, known as OPEC+, is likely to stick to its deal on output cuts of 2 million barrels per day until the end...
Famous British Muslims show their support for anti-Islamophobia campaign in UK
A number of famous British Muslims gathered in London on Monday to celebrate the launch of a campaign calling for the recognition in UK law of the UN-supported International Day...
Saudi Arabia’s NDMC closes March sukuk issuance at $897m
Saudi Arabia’s National Debt Management Center announced the closure of the Riyal-denominated sukuk program issuance for March with the total bid amount received at SR8.34 billi...
Saudi real estate rental deals up 81% to reach $20.2bn
Saudi Arabia’s residential and commercial rent deals almost doubled in value last year to reach SR76 billion ($20.2 billion) compared to SR41.9 billion in 2021.
Cool weather expected to offer fasting Muslims some respite this Ramadan
Residents of the Kingdom can look forward to a more comfortable, cooler Ramadan this year, compared with the long hours of fasting in the hot and humid weather of the past decade.
World Bank approves $7bn financing program for Egypt
The World Bank has announced that it has approved a $7 billion financing program for Egypt that extends from 2023 until 2027, according to a statement.
Pak Court Rejects Request To Cancel Imran Khan's Bail In 2022 Funding Case
Imran Khan, the chief of the Pakistan Tehreek-e-Insaf party was granted bail by an Islamabad-based banking court in a prohibited funding case.
UK opens inquiry into unlawful killing claims in Afghanistan
A senior judge launched an independent inquiry Wednesday to investigate whether UK military police covered up or did not properly probe allegations of unlawful killings by Briti...
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Credit Suisse's Scandalous History Resulted in an Obvious Collapse - It's time for regulators who fail to do their job to be held accountable and serve as an example by being behind bars.
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If this was in Tehran, Moscow or Hong Kong
TRUMP: "Standing before you today, I am the only candidate who can make this promise: I will prevent World War III."
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A brief banking situation report
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Donald Trump's asked by Tucker Carlson question on if the U.S. should support regime change in Russia?.
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Saudi Arabia To Introduce Yoga In Universities
Middle East real estate market to see strong growth in 2023, predicts CBRE.
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Saudi Aramco, the energy giant, has acquired Valvoline Inc., a US-based oil company, for $2.65 billion
How do stolen goods end up on Amazon, eBay and Facebook Marketplace?
It's the question on everyone's lips: could a four-day workweek be the future of employment?
Is Gold the Ultimate Safe Haven Asset in Times of Uncertainty?
Spain officials quit over trains that were too wide for tunnels...
Hello. Here is our news digest from London.
Corruption and Influence Buying Uncovered in International Mainstream Media: Investigation Reveals Growing Disinformation Mercenaries
When it comes to Tesla vs Lamborghini, an empty vessel makes more noise
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Saray Street in Hatay-Antakya before and after the earthquake
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Being a Tiktoker might be expensive…
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