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Israel Palestine Conflict: Saudi Prince Condemns Israel and Hamas For Attacking Civilians

Israel Palestine Conflict: Saudi Prince Condemns Israel and Hamas For Attacking Civilians

Tue, Oct 24, 2023

Saudi Prince Turki al-Faisal's powerful speech condemns both Israel and Hamas for attacks on civilians and calls for civil insurrection. The Israel-Hamas War continues to escale after the Hamas' surprise attack on Israel. The situation in Gaza has been deteriorating with each passing day as there is no sign of a ceasefire. As per Gaza Health Ministry, 5,087 Palestinians killed in Israeli strikes since October 07.

Power Breakfast: 10 big things on 'Maha-Corridor' G20 | India-Middle East Europe Economic Corridor

Power Breakfast: 10 big things on 'Maha-Corridor' G20 | India-Middle East Europe Economic Corridor

Tue, Sep 12, 2023

G20 concluded successfully. Along with this, a historic deal was also made in G20. The biggest deal of the India Middle East Economic Corridor has been signed in which 5 more countries including India, UAE, Saudi Arabia and America are involved.

Oil prices: Saudi to hike crude supply to record levels as rate war rages (Ld)

Oil prices: Saudi to hike crude supply to record levels as rate war rages (Ld)

Wed, Mar 11, 2020

The increase in supply and the coronavirus scare caused a 25 per cent decline in the price of crude on Monday, the sharpest decline seen since the 1991 Gulf War. International benchmark Brent crude traded up over 7 per cent on Tuesday at nearly $37 a barrel.

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What India and Saudi Arabia will get from PM Narendra Modi, Crown Prince meet

What India and Saudi Arabia will get from PM Narendra Modi, Crown Prince meet

Thu, Feb 21, 2019

Prime Minister Modi and the Saudi Crown Prince during their talks in New Delhi explored ways to further deepen strategic ties against the backdrop of escalating tensions between India and Pakistan following the Pulwama terror attack.

Saudi Arabia signs deals to invest $20 bn in cash-strapped Pakistan

Saudi Arabia signs deals to invest $20 bn in cash-strapped Pakistan

Mon, Feb 18, 2019

After Pakistan, the crown prince will travel to India, where he will meet Prime Minister Narendra Modi and Petroleum Minister Dharmendra Pradhan.

Niti Aayog delegation visits Saudi Arabia, Invest India grid launched

Niti Aayog delegation visits Saudi Arabia, Invest India grid launched

Mon, Feb 18, 2019

The delegation`s visit assumes significance as Saudi Arabia Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud is scheduled to visit India on February 19 and 20.

Saudi Arabia to set up $10 billion oil refinery in Pakistan

Saudi Arabia to set up $10 billion oil refinery in Pakistan

Sun, Jan 13, 2019

"Saudi Arabia wants to make Pakistan`s economic development stable through establishing an oil refinery and partnership with Pakistan in the China Pakistan Economic Corridor," Saudi Energy Khalid al-Falih told reporters in Gwadar.

Saudi 2019 budget boosts spending in bid to spur sluggish economy

Saudi 2019 budget boosts spending in bid to spur sluggish economy

Tue, Dec 18, 2018

The economy shrank last year and, although the government estimates it grew 2.3 percent in 2018, that is much slower than the boom years early this decade - and not enough to put much of a dent in a record jobless rate of 12.9 percent among Saudis.

OPEC to consider views of Modi seriously before cutting production: Saudi oil min

OPEC to consider views of Modi seriously before cutting production: Saudi oil min

Thu, Dec 06, 2018

Oil cartel OPEC will consider views of world leaders such as Prime Minister Narendra Modi, who represent the voice of major consuming nations, with seriousness before taking a decision on cutting output to support falling prices, Saudi oil minister Khalid Al Falih said Thursday.

Oil rises as Saudi output dips, US drilling stalls

Oil rises as Saudi output dips, US drilling stalls

Mon, Aug 06, 2018

Spot Brent crude oil futures were at $73.42 per barrel at 0653 GMT on Monday, up 21 cents, or 0.3 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were up 19 cents, or 0.3 percent, at $68.68 barrel.

Crude oil price up as some Saudi Red Sea shipments suspended, trades above $74

Crude oil price up as some Saudi Red Sea shipments suspended, trades above $74

Thu, Jul 26, 2018

Saudi Arabia, the world`s biggest oil exporter, said on Thursday that it was "temporarily halting" all oil shipments through the strategic Red Sea shipping lane of Bab al-Mandeb after an attack on two big oil tankers by Yemen`s Iran-aligned Houthi movement.

OPEC deal does not give the right to pump oil above target: Iran tells Saudi Arabia

OPEC deal does not give the right to pump oil above target: Iran tells Saudi Arabia

Mon, Jul 16, 2018

Iranian OPEC Governor Hossein Kazempour Ardebili is due to attend a meeting for a joint OPEC, non-OPEC monitoring committee in Vienna on Wednesday, two OPEC sources said. The committee, known as the JTC and chaired by Saudi Arabia, looks at the compliance level to the production pact.

In a historic first, Air India flies to Israel via Saudi airspace

In a historic first, Air India flies to Israel via Saudi airspace

Fri, Mar 23, 2018

Air India Flight AI 139 landed at Tel Aviv's Ben Gurion airport at 2215 PM (Israeli time) yesterday, heralding a new chapter in the India-Israel ties and ending a decades-old overfly ban by Saudi Arabia. "This is really a historical moment... We are in a new era. I am sure that we will see many more Indian tourists coming to Israel... And Israelis would also come to India in much higher numbers," Israeli Tourism Minister Yariv Levin said.

Oil hits nearly three-week high as Saudi Arabia to keep output well below cap

Oil hits nearly three-week high as Saudi Arabia to keep output well below cap

Mon, Feb 26, 2018

US energy companies last week added one oil rig, the fifth weekly increase in a row, bringing the total count up to 799, the highest level since April 2015, Baker Hughes energy services firm said on Friday.

OPEC, non-OPEC allies to study long-term oil cooperation in June, says UAE

OPEC, non-OPEC allies to study long-term oil cooperation in June, says UAE

Tue, Feb 20, 2018

OPEC and non-OPEC oil producers, including Russia, will discuss extending their cooperation for many more years when they meet in June as they seek to avoid major market shocks, the United Arab Emirates` energy minister told Reuters.

Saudi Arabia's central bank signs blockchain deal with Ripple

Saudi Arabia's central bank signs blockchain deal with Ripple

Thu, Feb 15, 2018

Saudi Arabia`s central bank has signed a deal with US-based Ripple to help banks in the kingdom settle payments using blockchain software, as Gulf regulators begin to explore new forms of financial technology.

Citigroup targets rapid Middle East, Africa growth in 2018

Citigroup targets rapid Middle East, Africa growth in 2018

Thu, Feb 08, 2018

Citigroup expects 2018 to be its best year for investment banking in the Middle East and Africa in at least a decade, likely led by Saudi Arabia, a senior executive at the U.S. bank said.

Russia may back Aramco IPO, enhance OPEC ties

Russia may back Aramco IPO, enhance OPEC ties

Tue, Jan 23, 2018

Sources told Reuters last year Chinese state oil companies were willing to become cornerstone investors in the Aramco IPO which could become the world`s biggest, valuing the firm at up to $2 trillion and raising more than $100 billion.

Saudi to build 9 desalination plants on Red Sea

Saudi to build 9 desalination plants on Red Sea

Sun, Jan 21, 2018

Saudi Arabia plans to build nine desalination plants for more than 2 billion riyals ($530 million) on the Red Sea coast, its environment minister said on Sunday.

FranGlobal eyes $100 mn investments from Gulf investors

FranGlobal eyes $100 mn investments from Gulf investors

Sun, Jan 21, 2018

FranGlobal helps Indian firms set up operations outside the country and also helps scale up brands which already have presence outside India

Saudi Arabia changes Aramco status to joint-stock company: official bulletin

Saudi Arabia changes Aramco status to joint-stock company: official bulletin

Fri, Jan 05, 2018

The sale of around 5 percent of Aramco, expected to go ahead in 2018, is a centrepiece of Vision 2030, a reform plan to reduce the dependence of the Saudi economy on oil.

Oil market capped as US output fast approaches 10 million bpd

Oil market capped as US output fast approaches 10 million bpd

Thu, Dec 21, 2017

Oil prices were stable on Thursday, supported by falling crude inventories in the United States but capped by output that is fast approaching 10 million barrels per day, a level only surpassed by Saudi Arabia and Russia.

Oil prices drop on increased U.S. drilling activity

Oil prices drop on increased U.S. drilling activity

Mon, Dec 11, 2017

Oil prices fell on Monday, pulled down as the latest rise in the U.S. rig count pointed to a further increase in American production, potentially undermining efforts led by OPEC to tighten markets.

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