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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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Global Sukuk issuance set to rise 6% to around $130bn in 2019

Global Sukuk (Islamic bond) issuance is set to rise to 6% to around $130bn this year, according to a Moody’s Investors Service report. This fourth...
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Saudi-Malaysian refinery CDU has begun to restart, says Petronas

Pengerang Refining and Petrochemical (PrefChem), a joint venture between Malaysia’s state oil firm Petronas and the Saudi Arabian Oil Company (Saudi Aramco), has begun...
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wind farm; renewable energy; wind power

Saudi Arabia Is Set to Start First Wind-Power Plant

(Bloomberg) -- Saudi Arabia, the world’s biggest oil exporter, is poised to start generating wind power within three years as part of an effort to...
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Aramco; saudi aramco

Aramco to Peel Back Financial Veil With August Earnings Call

(Bloomberg) -- Now that Saudi Aramco has revealed itself as the world’s most profitable company, it’s preparing to host its first earnings call in...
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Saudi Arabia on Track to Outpace India at Top of ETF Ranking

(Bloomberg) -- Saudi Arabia is climbing quickly in a ranking that tracks flows into exchange-traded funds of developing countries this year, and could soon...
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oil tanker attack

UAE-Led Probe of Oil Tanker Attacks Blames a ‘State Actor’

(Bloomberg) -- An investigation into a spate of attacks on oil tankers in the Middle East last month has concluded that a “state actor”...
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