LONDON/DUBAI: OPEC+ key ministerial committee has agreed to stick with existing oil output policy and raise output by 432,000 barrels per day from May, an OPEC+ source said. Confirming the vote on the deal was done and a consensus reached, the source added OPEC+ will hold it’s next meeting on May 5. The United States […]
The deputy leader of Fatah, Mahmoud Aloul, blamed Israel’s government policies for escalating tension in the occupied Palestinian territories, Al-Quds has reported. Aloul made his comment during a meeting with Germany’s Representative to Palestine, Oliver Owcza. “The Israeli occupation causes the ongoing tension in the occupied Palestinian territories through the policies of its government,” he […]
Morocco’s foreign minister announced his country’s “full and unlimited support” yesterday for the return of the Community of Sahel-Saharan States to its official headquarters in the Libyan capital, Tripoli. Nasser Bourita made the announcement during his meeting with his Libyan counterpart, Najla Manqoush, on the sidelines of the 21st ordinary session of the organisation’s Executive […]
RIYADH: Oil prices dived more than $5 a barrel on Thursday as the United States is considering the release of up to 180 million barrels from its strategic petroleum reserve over several months to calm soaring crude prices. Brent futures for May fell $5.47, or 4.8 percent, to $107.98 a barrel at 0317 GMT. The […]
RIYADH: Prince Khaled bin Salman, Saudi deputy minister of defense, patronized the graduation ceremony of the 19th group of King Abdullah Air Defense College cadets, the Saudi Press Agency reported on early Thursday. He attended the ceremony on behalf of Crown Prince Mohammed bin Salman. Commander of the college Major general Mohammed Al-Balawi said that […]
ROME: Italy and Algeria will launch joint political, economic and energy projects to be completed by the end of 2022 under an agreement signed by the two countries’ foreign ministries. The agreement was signed in Rome by Ettore Sequi, secretary-general of Italy’s Ministry of Foreign Affairs, and his Algerian counterpart, Chakib Rachid Kaid, at the […]
CAIRO: Hala Al-Saeed, Egypt’s minister of planning and economic development, signed a memorandum of understanding with the UAE’s Minister of Cabinet Affairs Mohammad Al-Gergawi to extend a strategic partnership in the field of government modernization. Al-Saeed said the positive results of the partnership, which was agreed upon in 2018, were an incentive to strengthen it […]
Dubai Electricity and Water Authority (DEWA) more than doubled the size of its initial public offering (IPO) on Tuesday, meaning it could raise as much as $5.7 billion in the region’s biggest IPO since Saudi Aramco’s record share sale. The state utility firm said it got approval from the stock market regulator to increase the […]
Meeting of foreign ministers of Afghanistan’s neighboring countries will take place in Tunxi, China on March 30-31
A quality issue regarding wheat moisture had been resolved and France and Egypt will hold talks regarding price