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Posted On NewsRiyadh and Beijing deepen ties beyond trade
It’s no secret that Saudi Arabia and China have become major economic partners in recent years. The kingdom is consistently…
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Posted On NewsRiyadh offers record prize pool at Esports World Cup
Riyadh will host the Esports World Cup this summer, offering a record prize pool of more than $70 million as…
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Posted On NewsAramco finalises 20-year LNG supply from the US
Saudi Aramco has signed a 20-year liquefied natural gas (LNG) purchase agreement with Houston-headquartered producer NextDecade. The Saudi energy major will purchase…
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Posted On NewsPIF-backed AviLease agrees Turkish Airlines rentals
Saudi Arabia’s Aircraft Leasing Company (AviLease) has signed long-term leases with state-owned Turkish Airlines for Airbus A320neo aircraft. Two of the aircraft have…
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Posted On NewsSaudi Arabia to Reduce Oil Prices for Asia: What It Means for Global Oil Trade
Saudi Arabia is set to lower its main crude oil price for the Asian market. This price cut follows a…
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Posted On NewsAramco losses mirror wider Saudi stock plunge
The Saudi stock market opened at more than 2 percent lower on Monday to a 17-month low, following its biggest…
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Posted On NewsUAE and Saudi Arabia to introduce their own currency symbols
Within five weeks of each other, Saudi Arabia and the UAE have announced newly designed currency symbols for the riyal…
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Posted On NewsAramco to use Japanese drone startup to inspect facilities
Saudi Aramco has entered into an agreement with Japanese startup Terra Drone to inspect its oil and gas facilities using drones,…