"Extreme volatility is not because of supply and demand it's because some don't want to buy certain crudes and it takes time for traders to move from one market to another," he said
Saudi Arabia’s King Salman bin Abdulaziz and Crown Prince Mohammed bin Salman congratulated Russia’s President Vladimir Putin on the Victory Day anniversary commemorating the end of the World War II, the official Saudi Press Agency reported on Monday. The King and Crown Prince both wished Putin good health and wished prosperity for the Russian people […]
JEDDAH — The Custodian of the Two Holy Mosques King Salman has issued on Thursday several royal orders, including establishing two commissions to develop Taif and Al-Ahsa. Establishing the two commissions comes after the King reviewed what was presented to him by the Crown Prince Mohammed bin Salman, who’s also the deputy prime minister and […]
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, said the UAE Armed Forces will continue their significant contributions to the nation’s track record of achievements over the coming 50 years and beyond, just as they did over the past five decades. Noting that economic development can hardly […]
MAKKAH: Saudi Interior Minister and Chairman of the Hajj Supreme Committee Prince Abdulaziz bin Saud bin Naif passed on King Salman and Crown Prince Mohammed bin Salman’s thanks and greetings to ministry employees for their successful security planning of this year’s Umrah season and on the occasion of Eid Al-Fitr. Prince Abdulaziz received senior ministry officials […]
RIYADH: Saudi Arabia’s King Salman and Crown Prince Mohammed bin Salman on Sunday received cables from leaders of Islamic countries, extending greetings on the eve of Eid Al-Fitr. The king and crown prince sent reply cables to the leaders, thanking them for their well wishes and called for lasting security and stability and more progress […]
MAKKAH: King Salman arrived at Al-Safa Palace in Makkah from Jeddah on Friday night, Saudi Press Agency (SPA) reported. Images released on Saturday morning by SPA showed the king praying at the Grand Mosque. He will spend the last part of Ramadan in the holy city and will also offer Eid prayer there. The king has received foreign […]
The world’s first minister for artificial intelligence says the United Arab Emirates isn’t only looking for economic benefits as it seeks to become a leading nation in the sector. The UAE’s minister of state for AI, Omar bin Sultan al-Olama, said “quality of life” considerations were key, and also stressed the importance of a “responsible” […]
Saudi Arabia’s King Salman Center for Relief and Humanitarian Action (KSrelief) signed an MoU with the French Ministry of Foreign Affairs and the French Agency for Development (AFD) to support humanitarian work in Lebanon, the official Saudi Press Agency reported on Wednesday. The combined $76 million aid came to be under the framework of the […]
The agreement covers the areas of geodesy, geospatial information, marine surveys, map production, planning and development