Blog | LATEST NEWS

Saudi Energy Minister Sees Demand From Gas – To – Oil Switch At Up To 600,000 BPD

LONDON – Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman said users switching from gas to oil could account for demand of 500,000 – 600,000 barrels per day (bpd), adding that the world was now waking up to shortages in the energy sector. Prince Andulaziz said the potential switch depended on how severe winter … More Saudi Energy Minister Sees Demand From Gas – To – Oil Switch At Up To 600,000 BPD

Riyadh Winter Wonderland Back In Saudi Arabia, 40 Pct Larger Than Previous Season

RIYADH, Saudi Arabia –  Riyadh Winter Wonderland is set to make a comeback in Saudi Arabia’s capital with 40 percent more space during Riyadh Season, with added games, activities, and shows for all age groups. Starting October 26 and lasting until the end of March 2022, Winter Wonderland will include more than 103 games and six areas: Dreamland Carnival, … More Riyadh Winter Wonderland Back In Saudi Arabia, 40 Pct Larger Than Previous Season

Saudi Arabia Advises Citizens Not To Travel To Lebanon – Ministry

PARIS, France – Saudi Arabia has advised its citizens not to travel to Lebanon in light of the latest security events, the foreign ministry wrote on Twitter on Sunday. Lebanon remains on  a Saudi travel list where obtaining prior permission to visit is required. On Thursday, seven people were killed in violence in Beirut  as crowd … More Saudi Arabia Advises Citizens Not To Travel To Lebanon – Ministry

Saudi Arabia’s Crown Prince Launches Strategic Offices For Al – Baha, Al – Jouf, Jazan

JEDDAH, Saudi Arabia – Saudi Arabia’s Crown Prince Mohammed bin Salman announced on Sunday the launch of the strategic offices for the development of al – Baha, al – Jouf, and Jazan regions. According to the Saudi Press Agency (SPA), these offices aim to capitalize on the unique competitive advantages each of the three regions … More Saudi Arabia’s Crown Prince Launches Strategic Offices For Al – Baha, Al – Jouf, Jazan

Saudi Arabia Allows Full Capacity At Sports Stadiums, Facilities

PARIS, France – Saudi Arabia’s Ministry of Sports announced that vaccinated visitors will be allowed into all sports stadium and facilities as they operate at full capacity, the official Saudi Press Agency (SPA) reported Sunday. Visitor entry will be limited to those who are  fully vaccinated against COVID – 19, as per Kingdom’s rules, the … More Saudi Arabia Allows Full Capacity At Sports Stadiums, Facilities

Saudi Arabia Allows Capacity At Mecca’s Grand Mosque As COVID – 19 Rules Eased

PARIS, France – The Grand Mosque in the Muslim holy city of Mecca in Saudi Arabia operated at full capacity on Sunday, with worshippers praying shoulder – to – shoulder for the first time since the coronavirus pandemic began. This comes after Saudi Arabia’s Interior Ministry approved easing the country’s strict COVID – 19 precautionary … More Saudi Arabia Allows Capacity At Mecca’s Grand Mosque As COVID – 19 Rules Eased

Qatar Emir Appoints Two Women To Advisory Council After Men Sweep Polls

DOHA – Qatar’s emir named two women among his new appointment to the Gulf state’s advisory Shura Council on Thursday, after partial elections held for the first time earlier this month saw not one of the more than 20 women candidates a seat. In what was Qatar’s first legislative election, candidates competed for 30 of … More Qatar Emir Appoints Two Women To Advisory Council After Men Sweep Polls

UAE Oil Minister Says Energy Demand Peaking, Important To Maintain Market Balance

PARIS, France – Demand for energy and especially natural gas is peaking, the oil minister of the United Arab Emirates said on Thursday, adding that it was important to maintain balance in the market. The minister, who was speaking on the sidelines of an energy forum in Moscow, also said that the United Arab Emirates … More UAE Oil Minister Says Energy Demand Peaking, Important To Maintain Market Balance

Saudi Arabia To Ask Foreign Energy Companies To Up Domestic Input To 70% – Sources

LONDON – Saudi Arabia will require foreign firms working in the energy sector, including petrochemicals and water desalination, to boost local input to at least 70% in order to secure government contracts, three sources familiar with the matter said. Energy Minister Prince Abdulaziz bin Salman discussed the plan to increase domestic input with local and … More Saudi Arabia To Ask Foreign Energy Companies To Up Domestic Input To 70% – Sources

Macron Unveils 30 – Bln Euro Plan For Innovation And Industrial Revival

PARIS, France – France wants to be a leader in green hydrogen by 2030 and build low – carbon planes and small nuclear reactors as part of a 30 billion euro ($35 billion), investment plan, President Emmanuel Macron said on Tuesday. Macron said the road map, dubbed ‘France 2030’, would ensure France decarbonizes its industry … More Macron Unveils 30 – Bln Euro Plan For Innovation And Industrial Revival

Saudi Arabia’s Crown Prince Launches National Investment Strategy

RIYADH, Saudi Arabia – Saudi Arabia’s Crown Prince Mohammed bin Salman launched the Kingdom’s National Investment Strategy (NIS) on Monday, the official Saudi Press Agency (SPA) reported. According to SPA, the National Investment Strategy is one of the main enablers to achieve the goals of Saudi Arabia’s Vision 2030 program. The National Investment strategy will contribute to the … More Saudi Arabia’s Crown Prince Launches National Investment Strategy

Justin Bieber in Saudi Arabia: Pop Star To Headline F1 post – race concert in Jeddah

PARIS, France – Justin Bieber will be performing in Saudi Arabia’s Jeddah on December 5, headlining a concert on the sidelines of the Formula 1 stc Saudi Arabian Gran Prix (GP). ‘CALLING ALL BELIEBERS’. Yes, it’s true! @JustinBieber is headlining the stc Saudi Arabian GP post – race concert on Sunday 5 December at the Jeddah Corniche Circuit!’ the F1 stc … More Justin Bieber in Saudi Arabia: Pop Star To Headline F1 post – race concert in Jeddah

Saudi To Supply Additional Crude TO Some Asian Refiners In Nov – Sources

PARIS, France – Saudi Aramco has agreed to supply additional crude to at least three Asian buyers in November, while meeting full contractual volumes for four others, sources with knowledge  of the matter said on Monday. Full supply volumes were expected for the month, one of the source said. The world’s top oil exporter has … More Saudi To Supply Additional Crude TO Some Asian Refiners In Nov – Sources

Dubai Police Seize Cocaine Worth $136 Mln

DUBAI, UAE – Dubai police seized 500 kilograms of pure cocaine worth more than 500 million dirhams ($136 million) in a drugs raid, Dubai’s media office said on Sunday. The police arrested one person of Middle – Eastern origins, who was operating as an intermediary for an international drug syndicate, the media office added.

UAE President Issues Decree To Adopt Country’s Ten Principles For Next 50 Years

ABU DHABI, United Arab Emirates  – The President of the United Arab Emirates Sheikh Khalifa bin Zayed Al Nahyan has issued a decree on the adoption of the country’s ten principles for the next fifty years, the official Emirates News Agency  (WAM) reported on Saturday. The UAE’s decree No. 15 for 2021 stipulates that all … More UAE President Issues Decree To Adopt Country’s Ten Principles For Next 50 Years

Saudi Arabia’s New COVID – 19 Vaccination Rules Come Into Effect

RIYADH, Saudi Arabia – New rules requiring people in Saudi Arabia to have received two doses of COVID-19 vaccine before entering certain public place come into effect today, October 10. Under the new regulations announced on October 1, anyone wishing to enter government buildings, schools, events, or use public transportation and air travel must have received … More Saudi Arabia’s New COVID – 19 Vaccination Rules Come Into Effect

Blinken To Meet Israeli, UAE Counterparts News Week

WASHINGTON – U.S. Secretary of State Antony Blinken will meet with his Israeli and United Arab Emirates counterparts next week to discuss progress made on the so – called Abraham Accords as well regional security, the U.S. State Department said on Saturday. Blinken will meet with  Israeli Foreign Minister Yair Lapid and UAE Foreign Minister Sheikh Abdullah … More Blinken To Meet Israeli, UAE Counterparts News Week

Saudi Arabia To Restrict Umrah Permits To Those Who Received Two COVID Vaccine Doses

PARIS, France – Authorities in Saudi Arabia have announced they will restrict the issuance of Umrah permits to those who have received two doses of approved COVID – 19 vaccines in the Kingdom starting from Sunday, according to a statement. Saudi Arabia’s Ministry of Hajj and Umrah announced that the rule will apply starting 6 … More Saudi Arabia To Restrict Umrah Permits To Those Who Received Two COVID Vaccine Doses

Ten Injured In 2 Drone Attacks At Saudi’s King Abdullah Airport – State Media

PARIS, France – Ten people were injured in two explosive – laden drone attacks at King Abdullah airport in the southern Saudi city of Jizan late on Friday and early on Saturday, the Saudi – led coalition. The military coalition intervened in Yemen in 2015, backing forces of the ousted government of President Abdrabbuh Mansur … More Ten Injured In 2 Drone Attacks At Saudi’s King Abdullah Airport – State Media

Consortium Led By Saudi Arabia’s PIF Officially Takes Over Newcastle United

LONDON – A consortium led by Saudi Arabia’s Public Investment fund (PIF) officially took over Newcastle United, the Premier League announced on Thursday. ‘Following the completion of the Premier League’s  Owners’ and Directors’ Test, the club has been sold to the consortium with immediate effect’, the Premier League statement said. The consortium includes PCR Capital … More Consortium Led By Saudi Arabia’s PIF Officially Takes Over Newcastle United

Greece Will Allow Greater Freedoms For Vaccinated People In Areas Of Higher Infection

PARIS, France  – Greece will lift some pandemic restrictions in regions where coronavirus cases have been the highest, its health minister said, starting on Saturday. The move, initially implemented for two weeks, is part of a drive to grant  greater freedoms to people who are fully vaccinated against the virus and to encourage a large unvaccinated … More Greece Will Allow Greater Freedoms For Vaccinated People In Areas Of Higher Infection

‘Intimidating’: Dubai Ruler Tried To Buy 30 Mln Pound Estate Next To Ex – Wife

LONDON – Dubai’s ruler Sheikh Mohammed bin Rashid al – Maktoum tried to buy one of the most expensive properties for sale in Britain which overlooked his ex – wife’s rural estate, in a ‘deliberate’ act that was ‘intimidating’, a senior British judge has ruled. Agents acting for Mohammed were weeks away from exchanging contract … More ‘Intimidating’: Dubai Ruler Tried To Buy 30 Mln Pound Estate Next To Ex – Wife

Saudi Arabia Updates Its COVID – 19 Travel Guidelines For Certain Categories

RIYADH, Saudi Arabia – Saudi Arabia on Tuesday updated its travel requirements and guidelines, allowing certain categories of people from all countries to directly travel to the Kingdom, the official Saudi Press Agency (SPA) reported. Travelers in the following categories are now allowed to travel to Saudi Arabia directly from the countries where they were … More Saudi Arabia Updates Its COVID – 19 Travel Guidelines For Certain Categories

Pfizer/BioNTech COVID – 19 Vaccine Effectiveness Drops After 6 Months, Study Shows

PARIS, France – The effectiveness of the Pfizer Inc/BioNTech SE vaccine in preventing infection by the coronavirus dropped to 47% from 88% six months after the second dose, according to data published on Monday that U.S. health agencies considered when deciding on the need for booster shots. The data, which was published in the Lancet … More Pfizer/BioNTech COVID – 19 Vaccine Effectiveness Drops After 6 Months, Study Shows

Saudi Non – Oil Business Growth At Seven – Year High In Sept – PMI

MILAN, Italy – Saudi Arabia’s non – oil private sector grew in September, with new orders rising at the fastest rate in seven years, a business survey showed, as a relaxation of COVID – 19 restrictions on activity and travel boosted customer demand. The seasonally adjusted IHS Markit Saudi Arabia Purchasing Managers’ Index (PMI) surged to … More Saudi Non – Oil Business Growth At Seven – Year High In Sept – PMI

Jordanian King Says He Has Nothing To Hide As Leaked Papers Cite His Wealth

PARIS, France – King Abdullah of Jordan said on Monday he had nothing to hide following leaks of financial documents that showed he used offshore accounts to buy expensive properties abroad. Earlier, a palace statement reacting to the leak of what major news outlets called a secret trove of documents about offshore finance, said the properties … More Jordanian King Says He Has Nothing To Hide As Leaked Papers Cite His Wealth

Pandora Papers: Document Dump Allegedly Links World Leaders To Secret Wealth

WASHINGTON – A massive leak of financial documents was published by several major news organizations on Sunday that allegedly tie world leaders to secret stores of wealth, including King Abdullah of Jordan, Czech Prime Minister Andrej Babis and associates of Russian President Vladimir Putin. The dump of more than 11.9 million records, amounting to about 2,94 … More Pandora Papers: Document Dump Allegedly Links World Leaders To Secret Wealth

EU Foreign Policy Chief Says Discussed Nuclear Talks, Afghanistan In Saudi Visit

RIYADH / Saudi Arabia – European Union foreign policy chief Josep Borrell said during a visit to Saudi Arabia on Sunday that he had briefed his partners about the prospects  of restarting nuclear talks with Iran and hoped that would happen ‘soon’. Borrell, speaking at a joint news conference with his Saudi counterpart, said he had … More EU Foreign Policy Chief Says Discussed Nuclear Talks, Afghanistan In Saudi Visit

UK To Open Up More Travel By Scrapping Hotel Quarantine For Dozens Of Countries – Telegraph

LONDON – British Prime Minister Boris Johnson will open more countries for hotel quarantine – free travel later this week, The Sunday Telegraph reported, saying that the U.K.’s ‘red list’ of destinations would be slashed to nine from 54. Fully vaccinated arrivals from countries including South Africa, Brazil, Mexico and Indonesia will no longer have … More UK To Open Up More Travel By Scrapping Hotel Quarantine For Dozens Of Countries – Telegraph

Saudi Arabia: Full Vaccination Mandatory To Attend Events, Ride Public Transport

RIYAHD/Saudi Arabia – The Saudi Interior Minister reiterated on Friday that full vaccination against COVID-19 is necessary to enter public and private institution, attend school and public transportation. Quoting an official source at the Ministry, it said the decision is based on what health authorities have submitted about what has proven by the competent national … More Saudi Arabia: Full Vaccination Mandatory To Attend Events, Ride Public Transport

Saudi Embassy In Oman Calls On Citizens To Be Cautious Amid Tropical Storm Shaheen

Riyadh / Saudi Arabia – – Saudi Arabia’s Embassy in Muscat on Monday called on all Saudi citizens in Oman to exercise caution and follow the instructions of the country’s General Authority Of Civil Aviation in anticipation of the effects of the tropical cyclone ‘Shaheen’. The embassy added that it urges citizens to contact the … More Saudi Embassy In Oman Calls On Citizens To Be Cautious Amid Tropical Storm Shaheen

Top White House Aide Discussed Oil Prices With Saudi Arabia

Washington – A senior aide to President Joe Biden raised the issue of oil prices in conversations this week with the leadership of top crude producer Saudi Arabia, according to the White House. Biden’s national security adviser, Jake Sullivan, met in Saudi Arabia with Saudi Crown Prince Mohammed bin Salman on Tuesday to discuss the … More Top White House Aide Discussed Oil Prices With Saudi Arabia

France To Reduce Visas For North Africans In Migration

Paris / France – France will reduce the number of visas issued to people in North Africa because governments there are refusing to take back migrants expelled from France. The move announced Tuesday comes amid pressure from far – right politicians on centrist President Emmanuel Macron to implement tougher immigration rules and creates new tensions … More France To Reduce Visas For North Africans In Migration

Saudi Arabia’s Crown Prince Discusses Yemen War With U.S. National Security Advisor

Milan / Italy – – Saudi Arabia’s Crown Prince Mohammed bin Salman affirmed the Kingdom’s initiative to end Yemen’s conflict in talks with U.S. National Security Advisor Jack Sullivan, state news agency SPA reported on Wednesday. The Crown Prince stressed the Saudi stance on the importance of ranching a comprehensive ceasefire under UN supervision, allowing … More Saudi Arabia’s Crown Prince Discusses Yemen War With U.S. National Security Advisor

Saudi’s Crown Prince Announces New $13 Billion ‘Arabian Highland’ Development

Riyad/Saudi Arabia – Saudi Arabia’s Crown Prince Mohammed bin Salman has announced a $13 billion (SAR50 billion) strategy to develop the Aseer region into a tourist destination, with plans to attract 10 million visitors by 2030. The development strategy under the theme of ‘The Arabian Highland’ aims to achieve a comprehensive, unprecedented and sustainable growth … More Saudi’s Crown Prince Announces New $13 Billion ‘Arabian Highland’ Development

Iran Must Return To Nuclear Talks To Avoid Escalation, French Official Says

Paris/France – Iran must return to talks with world powers over its 2015 nuclear deal to avoid a diplomatic escalation that could jeopardize the negotiations, a French presidency official said on Tuesday. The official also said Iran could not set new conditions before returning to the talks in Vienna as the terms on the table … More Iran Must Return To Nuclear Talks To Avoid Escalation, French Official Says

Saudi Launches $13 Bln Plan To Turn Costal Region Into Tourism Hub

Milan / Italy – Saudi Arabia’s crown prince Mohammed bin Salman launched a 50 billion riyal ($13 billion) strategy on Tuesday to develop the Aseer region on the Red Sea coast into a tourism hub that would attract 10 million visitors by 2030. The aim is to develop tourist attractions in the mountains area and … More Saudi Launches $13 Bln Plan To Turn Costal Region Into Tourism Hub

White House Aide Discusses Yemen With Saudi Crown Prince

Washington – U.S. President Joe Biden’s national security adviser, Jake Sullivan, had a detailed discussion about the war in Yemen on Tuesday in a meeting with Saudi Crown Prince Mohammed bin Salman, a senior administration official said. The was, in which a Saudi  -led coalition has been battling the Houthis, has devastated Yemen’s economy and … More White House Aide Discusses Yemen With Saudi Crown Prince

Macron Tells Europe To ‘Stop Being Naive’ After France Signs Defence Deal With Greece

Paris/France – – Europe needs to stop being naive when it comes to defending its interests and build its own military capacity, French President Emmanuel Macron said on Tuesday after Greece sealed a deal for French frigates worth about 3 billion euros ($3.51 billion). France was plunged into an unprecedented diplomatic crisis with the United … More Macron Tells Europe To ‘Stop Being Naive’ After France Signs Defence Deal With Greece

Saudi Arabia’s SIIG And Petrochem Plan Merger Through Share Exchange

Dubai/UAE — Saudi Arabian petrochemicals companies Saudi Industrial Investment Group (SIIG) and the National Petrochemical Company (Petrochem) said on Tuesday they had signed a non – binding agreement on  a proposed merger. The deal would consist of a share exchange offer made by SIIG to acquire the remaining 50% of Petrochem that SIIG did not … More Saudi Arabia’s SIIG And Petrochem Plan Merger Through Share Exchange

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