BUSINESS II

OIL MARKETS

U.S. Energy Secretary Makes Phone Call To Saudi Arabia Ahead of OPEC+ Meet

The United States said in call with Saudi Arabia that energy should be kept affordable for consumers, as the administration of President Joe Biden resumed the practice of his predecessor Donald Trump who contacted OPEC’s leaders before key meetings. U.S. Energy Secretary Jennifer Granholm said on Twitter she had a call with Saudi Energy Minister … More U.S. Energy Secretary Makes Phone Call To Saudi Arabia Ahead of OPEC+ Meet

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G20 SAUDI ARABIA

NEWS ALERT | Kuwait’s Emir Congratulates Saudi Arabia On Success of the G20 Summit.

Kuwait’s Emir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah has congratulated Custodian of the Two Holy Mosques King Salman on the success of G20 Leader’ Summit presided over by Saudi Arabia. Sheikh commended the summit’s distinguished organization that contributed to reaching constructive decision and fruitful recommendations, especially with regard to strengthening international cooperation to confront the coronavirus … More NEWS ALERT | Kuwait’s Emir Congratulates Saudi Arabia On Success of the G20 Summit.

BREAKING NEWS | Saudi Crown Prince at G20 Summit: ‘Our Strength Lies In Our Unity’

Saudi Crown Prince Mohammed Bin Salman said Sunday that in the light of the coronavirus outbreak, cooperation among G20 countries has been important more than ever. ‘In light of the outbreak of Covid-19 and its health, economic, and social repercurssion, our cooperation has been important more than ever. Together we have addressed this challenge with … More BREAKING NEWS | Saudi Crown Prince at G20 Summit: ‘Our Strength Lies In Our Unity’

BREAKING NEWS | Saudi Arabia’s King Salman Urged G20 Cooperation on COVID-19 Crisis, Sustainability

The coronavirus pandemic has been an unprecedented shock for the world in an extraordinary year, Saudi Arabia’s King Salman bin Abdulaziz said during his G20 Riyadh Summit opening remarks , which he delivered virtually on Saturday evening. ‘The COVID-19 pandemic has been an unprecedented shock  that affected the entire world within a short period of … More BREAKING NEWS | Saudi Arabia’s King Salman Urged G20 Cooperation on COVID-19 Crisis, Sustainability

RIYADH SUMMIT | G20 Determined To Use All Tools To Contain Pandemic, Save Jobs, Incomes

G20 nations are determined to continue doing everything possible to contain the COVID-19 pandemic, warning in a draft communique that the global economic recovery remains ‘uneven, highly uncertain, and subject to elevated downside risks’. Bringing the pandemic under the control is the key to supporting a global economic recovery, the G20 leaders said in the … More RIYADH SUMMIT | G20 Determined To Use All Tools To Contain Pandemic, Save Jobs, Incomes

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GLOBAL ECONOMY

Saudi Arabia Participates In COP26 Climate Change Summit In Glasgow

LONDON  – Saudi Arabia participated in the 26th UN Climate Change Conference of the Parties (COP26) in Scotland’s Glasgow on Sunday, confirming the importance of climate change and environmental protection, the official Saudi Press Agency (SPA) reported. During its G20 Presidency last year, Saudi Arabia strengthened its leadership role towards common international issues and contributed … More Saudi Arabia Participates In COP26 Climate Change Summit In Glasgow

GLOBAL ECONOMY | G20 Suspends poorer nations’ debt payment for 6 more months

RIYADH | SAUDI ARABIA – Financial leaders of the world’s biggest economies claimed a ‘historic achievement’ in reaching a framework to deal with heavily indebted poorer countries, which have been severely impacted by the coronavirus pandemic. The finance ministers and central governors of the G20 nations agreed at a virtual meeting organized by the Saudi … More GLOBAL ECONOMY | G20 Suspends poorer nations’ debt payment for 6 more months

BREAKING NEWS | Trump, Saudi Crown Prince Discuss Economic Recovery From Coronavirus: White House

WASHINGTON – U.S. President Donald Trump and Saudi Arabian Crown Prince Mohammed bin Salman Bin Abdulaziz Al Saud discussed the fight against the coronavirus pandemic and ‘re-energizing global economies’ during a telephone call on Thursday, the White House said. The two leaders also discussed regional and bilateral issues and the prince ‘reaffirmed the strong United … More BREAKING NEWS | Trump, Saudi Crown Prince Discuss Economic Recovery From Coronavirus: White House

BUSINESS | Morgan Stanley CEO: Too Early To Consider Restarting Share Buybacks

NEW YORK  – Morgan Stanley’s Chief Executive Officer James Gorman told shareholders on Thursday that is to too early for him or anyone on the board of directors to consider reinstating the bank’s share buyback program. Morgan Stanley, along with JPMorgan Chase & Co, Bank of America and five others, voluntarily suspended their share repurchases … More BUSINESS | Morgan Stanley CEO: Too Early To Consider Restarting Share Buybacks

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BUSINESS

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