Tag: Saudi Arabia
Kuwait’s Jazeera Airways launches direct flights to Dammam, Saudi Arabia
Kuwait-based Jazeera Airways introduced direct flights from Kuwait to Dammam, capital of the Eastern Province of Saudi Arabia. The flights will commence from December 19...
OPEC+ Sends Mixed Signals About Deeper Output Cuts Before Talks
(Bloomberg) --OPEC and its allies sent mixed signals about whether they were considering deeper production cuts, fanning oil-market speculation before crucial talks in Vienna...
Qatar Emir’s Invite to Join Gulf Summit Signals Regional Thaw
(Bloomberg) --Qatar said its emir has been invited by the Saudi monarch to attend this month’s summit of Gulf Arab nations in Riyadh, in...
Forget Aramco. Here’s Where The Real Excitement Lies in Saudi Stocks
(Bloomberg) -- While Saudi Arabia’s massive initial public offering of oil producer Aramco has been dominating headlines in the kingdom for months, investors have...
Saudi Arabia signals it’s had enough of OPEC+ quota cheats
(Bloomberg) --For the last year, Saudi Arabia has largely turned a blind eye to cheaters within the OPEC+ alliance, cutting its own output more...
OPEC+ Watchers See Extension of Deal But No Deeper Output Cuts
(Bloomberg) --Any expectations that OPEC and its partners will make deeper cuts to oil production have all but evaporated.
Just one out of 35 analysts...
Saudi stocks lead Gulf losses as banking shares fall
(Bloomberg) --Saudi Arabia’s main equity index fell the most in the Gulf on Sunday ahead of Saudi Aramco’s giant listing.
The Tadawul All Shares Index...
UK, Chinese visitors top list as 50,000 have a Saudi holiday
(Bloomberg) -- Saudi Arabia’s embryonic efforts to turn the kingdom into a magnet for holidaymakers attracted 50,000 visitors since the September launch, and almost...
Saudi ‘birthplace’ Diriyah Gate catches foreign investor interest
(Bloomberg) --A site dubbed Saudi Arabia’s birthplace that’s undergoing a $17 billion revamp is seeing interest from foreign investors, the head of development said,...
Egypt wealth fund seeks Gulf partners to lure investments
(Bloomberg) --Egypt’s sovereign wealth fund is looking to more oil-rich Gulf countries to drum up foreign investment, as the Arab world’s most populous nation...
