Tag: Saudi Arabia

• Monday, November 29th 2021 - 09:10 UTC

  Saudi Arabia's FM visits Buenos Aires to strengthen ties with Argentina

  

  Saudi Arabia's Foreign Minister Prince Faisal al Saud said in a newspaper interview published Saturday in Buenos Aires' daily Infobae that “Argentina is our friend and ally, that will not change at the IMF.” The diplomat thus did not rule out a handout to reinforce Argentina's Central Bank's reserves.

• Thursday, November 18th 2021 - 03:42 UTC

  OPEC+ Raised Oil Production by more than 400,000 BPD in October

  

  By Tsvetana Paraskova for Oilprice.com – Led by production increases in Saudi Arabia and Russia, the OPEC+ group raised its October oil output by 490,000 barrels per day (BPD), TASS news agency quoted the International Energy Agency as saying in its monthly report on Tuesday.

• Monday, July 19th 2021 - 09:11 UTC

  OPEC and Russia+10 will increase output, 400,00 bpd, as of August first

  

  The world's leading oil-producing countries agreed on Sunday to continue with the gradual increase of output, 400,000 barrels per day, beginning August first, to help global economic recovery following the pandemic, according to a release from the group's meeting in Vienna.

• Tuesday, March 16th 2021 - 08:25 UTC

  Saudi US$ 100 million “gift” to Spain's Juan Carlos I investigated by Swiss prosecutor

  

  Swiss prosecutor is probing whether the late Saudi king broke any laws when he transferred US$100 million to a fund controlled by fellow royal Juan Carlos I of Spain in 2008.

• Tuesday, December 1st 2020 - 08:44 UTC

  OPEC and allies postpone talks amid disagreements on how much oil to pump

  

  OPEC and allies led by Russia postponed talks on oil output policy for 2021 to Thursday, sources said on Monday as key players still disagreed on how much oil they should pump amid weak demand due to the coronavirus pandemic.

• Monday, November 30th 2020 - 09:34 UTC

  Oil-rich Middle East and its inevitable declining power

  

  By Gwynne Dyer – The only officials present were American and Saudi,” tweeted the Saudi Arabian foreign minister, Prince Faisal bin Farhan Al Saud, but he was lying. Israeli Prime Minister Benjamin Netanyahu really did fly in to Saudi Arabia to spend a few hours with Crown Prince Mohammed bin Salman and US Secretary of State Mike Pompeo.

• Monday, October 5th 2020 - 08:00 UTC

  Saudi Arabia cautiously resumes pilgrimage to the Grand Mosque in Mecca

  

  Mask-clad Muslims circled Islam's holiest site along socially distanced paths on Sunday, as Saudi authorities partially resumed the year-round umrah pilgrimage amid extensive health precautions after seven-month coronavirus hiatus.

• Thursday, July 30th 2020 - 07:38 UTC

  South Africa and Saudi Arabia open their markets to Paraguayan beef

  

  After a ten-year hiatus, the South African Department of Agriculture announced the opening of the market for Paraguayan abattoirs to export beef and meat products. According to the Paraguayan foreign ministry, the reopening of this market by the African country was possible through joint work with the Animal Health and Quality Service (Senacsa).

• Tuesday, May 12th 2020 - 07:46 UTC

  Saudi Arabia to cut oil production to a decade record low of 7,5 million bpd

  

  Saudi Arabia said on Monday it had asked oil giant Aramco to cut an additional one million barrels per day from June, to support prices that have crashed during the coronavirus crisis.

• Saturday, April 25th 2020 - 07:56 UTC

  Islam's holiest sites empty of worshipers forced by COVID-19 restrictions

  

  The holy month of Ramadan began on Friday with Islam's holiest sites in Saudi Arabia and Jerusalem largely empty of worshippers as the coronavirus crisis forced authorities to impose unprecedented restrictions.