Saudis Moving Away From Oil With Planned IPO Faced with slumping oil prices, the country's oil colossus will focus more on industry. Saudi Arabia is looking to a world beyond oil. The kingdom plans to sell stakes in the parent company of the state-owned Saudi Arabian Oil Co., also kno...
The most endorsement of Al-Assaf's seven-and-a-half year tenure at the ministry of finance and national economy came when ratings agency Standard & Poor's gave an A+ rating to Saudi Arabia's long-term local currency debt. Equally important has been the determination of Al-Assaf to ...
that the government is eager to develop fish farming. Al-Fadley said that fish farming is one of the fastest-growing food sectors in the world. Moreover, he said that Saudi Arabia is to establish a regional center for fisheries. Saudi Arabia ...
Saudis deny oil hike intended to harm US Statement from the Saudi Ministry of Foreign Affairs Regarding the Statements Issued About the Kingdom Following the OPEC+ Decision. But US Senate leaders and Congress vow retaliation An official at the Foreign Ministry in the Kingdom of Saudi Arabia stat...
Saudi Arabia Alert me about Saudi Arabia Field Development European contractor confirms 'substantial' offshore award from Saudi Aramco Published 13 December 2024 1:00 GMT Energy Transition China’s oil peak and US LNG's rise: Yergin maps a new global energy order Published 11 December ...
Saudi Arabia - Deserts, Oil, Religion: The history of the Kingdom of Saudi Arabia begins properly on September 23, 1932, when by royal decree the dual kingdom of the Hejaz and Najd with its dependencies, administered since 1927 as two separate units, was
Saudi Arabia's Crown Prince Mohammed bin Salman announced plans on Tuesday to launch a second national airline as part of a broader strategy to turn the kingdom into a global logistics hub as it seeks to diversify from oil.
Sultan al-Jaber, COP28 president and head of the Abu Dhabi National Oil Company, is “under a lot of pressure” from Saudi Arabia, negotiators and European officials said. Speaking on Sunday, Jaber said: “The time has come for all parties to constructively engage and to come to me with...
Saudi Arabia’s energy minister has defended the kingdom’s decision to extend oil production cuts, insisting the move was not about “jacking up prices” even as crude futures push towards $100 a barrel. Riyadh and Moscow earlier this month announced they would prolongcuts to productionand exp...
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