Page 43 - Saudi Arabia
Cash-strapped Pak inks agreement with Saudi Arabia bank to borrow $4.5 bn
A debt-ridden Pakistan has signed an agreement with Saudi Arabia-based Islamic Development Bank (IDB) to borrow $4.5 billion to alleviate oil and gas shortages
 "Cash-strapped Pak inks agreement with Saudi Arabia bank to borrow $4.5 bn")
OPEC oil alliance in standoff between Saudi Arabia and UAE
The OPEC oil cartel led by Saudi Arabia and other allied producing countries resumed talks on Monday amid a standoff with the United Arab Emirates
 "OPEC oil alliance in standoff between Saudi Arabia and UAE")
OPEC+ crisis deepens as Saudi Arabia refuses to budge, oil edges up
OPEC and its allies on Friday voted to increase production by about 2 million barrels a day from August to December 2021 extend the remaining output cuts to the end of 2022
 "OPEC+ crisis deepens as Saudi Arabia refuses to budge, oil edges up")
Saudi Arabia suspends entry from UAE, Ethiopia, Vietnam over Covid-19
Saudi Arabia has suspended entry for citizens of the United Arab Emirates, Ethiopia and Vietnam over the spread of the coronavirus and its strains in these countries, media reported
 "Saudi Arabia suspends entry from UAE, Ethiopia, Vietnam over Covid-19")
Saudis leaving workforce push unemployment to a five-year low: Report
The jobless rate decreased to 11.7 per cent in Q1 compared to 12.6 per cent in the Q4
 "Saudis leaving workforce push unemployment to a five-year low: Report")
Saudi Arabia plans new national airline as it diversifies from oil
Saudia has struggled with losses for years and like global peers, has been hit hard by the coronavirus pandemic
 "Saudi Arabia plans new national airline as it diversifies from oil")
OVL on an oil slick, struggles with geopolitical and domestic challenges
Covid-19 has added to these issues. It has not only impacted the demand for fuel but also made the acquisition process slower.
 "OVL on an oil slick, struggles with geopolitical and domestic challenges")
RIL to invest Rs 75,000 cr in clean energy, build 4 giga factories: Ambani
It will also set up a platform for renewable energy project finance to source long-term global capital for investment in these sectors
 "RIL to invest Rs 75,000 cr in clean energy, build 4 giga factories: Ambani")
Reliance to conclude Aramco deal this year; Aramco rep on co board
Ambani said RIL is looking forward to "welcoming Saudi Aramco as a strategic partner in our O2C business".
 "Reliance to conclude Aramco deal this year; Aramco rep on co board")
Middle East's crude share of India's oil imports hits 25-month low in May
India, world's third biggest oil importer, in March directed refiners to diversify crude sources after OPEC and its allies, led by top exporter Saudi Arabia, ignored Delhi's call to ease supply curbs
 "Middle East's crude share of India's oil imports hits 25-month low in May")
Saudis accused of killing Khashoggi got military training in US: NYT
There is no evidence to suggest that the American officials who approved the training knew that Saudis were involved in the crackdown of dissent in the kingdom.
 "Saudis accused of killing Khashoggi got military training in US: NYT")
Two Indian workers allegedly held captive by employer in Saudi Arabia
Two Indian workers are being held captive by their employer in Yanbu city of Saudi Arabia despite an assurance by authorities that they will be allowed to return by April-end
Saudi positions new pension fund to challenge world's top investors
New entity will have assets of over $250 billion, compared to Japan's Government Pension Investment Fund, the largest in the world.
 "Saudi positions new pension fund to challenge world's top investors")
Saudi Arabia says hajj to be limited to 60,000 in kingdom due to Covid
In last year's hajj, as few as 1,000 people already residing in Saudi Arabia were selected to take part in the hajj.
 "Saudi Arabia says hajj to be limited to 60,000 in kingdom due to Covid")
Yemen's Houthis rebels launch drone attack on Saudi Arabia's air base
Yemen's Houthi rebels said they launched a bomb-laden drone attack on the King Khalid Air Base in Saudi Arabia's southern city of Khamis Mushait
 "Yemen's Houthis rebels launch drone attack on Saudi Arabia's air base")
Saudis raise oil prices for Asian customers as market tightens in Covid-19
The kingdom sends more than 60% of its exports to Asia, with China, India, South Korea and Japan being the biggest buyers.
 "Saudis raise oil prices for Asian customers as market tightens in Covid-19")
US condemns devastating humanitarian toll of Houthi offensive in Yemen
The US special envoy to Yemen has expressed Washington's concern over the "devastating humanitarian consequences" of the Houthi militia's offensive in Marib.
 "US condemns devastating humanitarian toll of Houthi offensive in Yemen")
OPEC wins, the West loses
Judges, investors force oil firms towards low-carbon future
Shell Dutch ruling: OPEC and Russia seen gaining more power, business
Defeats in the courtroom and boardroom mean Royal Dutch Shell, ExxonMobil and Chevron are all under pressure to cut carbon emissions faster
 "Shell Dutch ruling: OPEC and Russia seen gaining more power, business")
Saudi Arabia committed to meet India's crude oil requirement: Saudi envoy
Saudi Arabia, the world's largest oil exporter, on Sunday said it is committed to meet India's requirements of petroleum products
 "Saudi Arabia committed to meet India's crude oil requirement: Saudi envoy")