Saudi Arabia is embarking on a bold venture to attract up to $80 billion in private investment into its burgeoning tourism industry, a move pivotal to...
Saudi Arabia’s state-owned oil company, Aramco, has decided to suspend its ambitious plan to boost oil production capacity to 13 million barrels per day (bpd) as...
Oil prices dipped by more than 1% on Monday following Saudi Arabia’s strategic decision to implement sharp price cuts and a simultaneous rise in OPEC output....
Saudi Arabian authorities have canceled the visas of all 264 passengers flown by Nigeria’s Air Peace on its route from Kano to Jeddah. The airline had...
Nigeria, under the leadership of President Bola Tinubu, has initiated sweeping reforms, including the elimination of the petrol subsidy and the unification of the country’s exchange...
President Bola Tinubu is scheduled to embark on an official visit to Riyadh, the capital of the Kingdom of Saudi Arabia, where he will participate in...
The United States has called upon Gulf Arab states to intensify efforts to combat the suspected surge in fundraising by the militant group, Hamas. A scheduled...
International Energy Agency Predicts Supply Shortfall in Q4; China's Role Remains a Wild Card in Global Oil Demand
Oil prices rose slightly on Friday but remained on track for a second consecutive week of decline. This dip was primarily attributed to the strengthening of...
Saudi Arabia has completed an early purchase of more than 35.7 billion riyals ($9.5 billion) of outstanding debt and will issue about 35.9 billion riyals in...