Friday, April 3, 2020

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Aramco Slashes Spending as Virus Erases Oil Demand Growth

Aramco Slashes Spending as Virus Erases Oil Demand Growth

(Bloomberg) -- Saudi Aramco is slashing planned spending this year in the first sign that plunging demand and the oil-price war the kingdom unleashed are...
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GCC markets

Coronavirus Fears: Gulf Markets Spiral Downwards on Impact

The Gulf markets took a sharp nosedive at the start of trading on Sunday over increasing concerns of Novel Coronavirus, which has already done enough...
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Umrah, pilgrimage

Coronavirus: Saudi Arabia Temporarily Suspends Pilgrimage Entry Visas

The Kingdom of Saudi Arabia has suspended foreign travellers’ entry for Umrah pilgrimage and tourism from countries where the Novel Coronavirus (NCoV) has spread...
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Saudi Deputy Defense Minister to Visit Washington, London Amid Simmering Tensions

(Bloomberg) --Saudi Arabia’s Crown Prince Mohammed bin Salman instructed Deputy Defense Minister Khalid bin Salman to head to Washington and London in the next...
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noor campaign

Infinite creations with Noor. Infinite pride of Saudi women.

This year, the exceptional celebrations of the Saudi National Day on September 23rd were held under the slogan: "Saudis' mettle is like that of...
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Qatar Airways hits turbulence, reports $639mn net loss for fiscal year 2019

Qatar Airways has registered a net loss of  $639mn for the year to March 2019, in what His Excellency Akbar Al Baker, Group Chief...
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Saudi Arabia will be at 11mn bpd oil capacity by end of Sept: Energy...

Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman on Tuesday said that the Kingdom would restore its lost oil production by the end of...
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Oracle to launch cloud data centres in UAE, Saudi Arabia

Multinational computer technology giant Oracle will launch 20 new cloud data centres worldwide by end of 2020, of which two will be in UAE...
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Looking to explore Saudi Arabia? you won’t have to wait too long!

Ahmed Al Khatib, chairman of the Board of Directors of the Saudi Commission for Tourism and National Heritage (SCTH) has announced that Saudi Arabia...
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UAE energy minister Al Mazroueivideo

Suhail Al-Mazrouei: Saudi Oil-Policy Change Unlikely Under New Minister

United Arab Emirates Energy Minister Suhail Al-Mazrouei says Saudi Arabia’s replacement of Khalid Al-Falih with Prince Abdulaziz bin Salman as the energy minister doesn’t...
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