Saudi Arabia leaves November Arab Light crude OSP to Asia unchanged SINGAPORE: Saudi Aramco has kept the November official selling price (OSP) for its Arab Light grade for Asian... Published 06 Oct, 2022 02:49pm
Print OPEC+ agrees deep oil production cuts VIENNA/LONDON: OPEC+ agreed steep oil production cuts on Wednesday, curbing supply in an already tight market,... Published 06 Oct, 2022 05:59am
Sports Saudi Arabia wins bid to host 2029 Asian Winter Games at NEOM RIYADH: Saudi Arabia said on Tuesday it has won a bid to host the 2029 Asian Winter Games at a planned mountain... Published 04 Oct, 2022 11:49am
Business & Finance President for increasing trade with Saudi Arabia ISLAMABAD: President Dr Arif Alvi has said that Pakistan and Saudi Arabia needed to take meaningful and effective... Updated 01 Oct, 2022 11:04am
World Two women elected as Kuwait opposition wins majority in parliament KUWAIT CITY: Women returned to Kuwait’s national assembly on Thursday as the opposition won a majority in the Gulf’s... Published 30 Sep, 2022 01:53pm
World Germany’s Scholz in Saudi Arabia on Gulf energy hunt RIYADH: German Chancellor Olaf Scholz arrived Saturday in Saudi Arabia at the start of a two-day Gulf tour, in the... Published 24 Sep, 2022 05:52pm
World Putin, Saudi crown prince satisfied after prisoner exchange: Kremlin MOSCOW: Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman spoke by phone to express their... Published 23 Sep, 2022 02:09pm
Markets Russia’s surging oil exports to China in Aug fail to keep Saudis down SINGAPORE: China’s crude oil imports from Russia in August surged 28% from a year earlier, official data showed on... Published 20 Sep, 2022 02:31pm
Print India, Saudi Arabia discuss starting rupee-riyal trade NEW DELHI: India and Saudi Arabia have discussed the possibility of starting a rupee-riyal trade as part of efforts... Published 20 Sep, 2022 05:51am
World India, Saudi Arabia discuss starting rupee-riyal trade NEW DELHI: India and Saudi Arabia have discussed the possibility of starting a rupee-riyal trade as part of efforts... Updated 20 Sep, 2022 01:20am
World Scholz to visit Saudi as Germany seeks energy supplies BERLIN: Chancellor Olaf Scholz will visit Saudi Arabia and meet Saudi Crown Prince Mohammed bin Salman as part of a... Published 19 Sep, 2022 08:15pm
Markets Saudi Arabia’s July crude oil exports rise to over 2-year peak Top oil exporter Saudi Arabia’s July crude oil exports gained for a second-straight month to their highest in more... Published 19 Sep, 2022 07:19pm
Markets Saudi Fund for Development confirms rollover of $3bn deposit maturing on Dec 5 for 1 year: SBP Deposit is placed with SBP and part of its forex reserves Updated 18 Sep, 2022 07:16pm
Pakistan Saudi Arabia launches campaign to help flood victims in Pakistan Campaign launched on the directives of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Published 13 Sep, 2022 04:47pm
Markets Saudi Arabia lowers Oct Arab Light crude prices to Asia Saudi Arabia lowered October official selling prices (OSPs) for its flagship Arab light crude it sells to Asia by... Published 06 Sep, 2022 06:49pm
Sports Saudi Arabia set to host MotoGP race PARIS: Saudi Arabia moved closer to hosting a race in the motorcycling world championship series after signing an... Published 05 Sep, 2022 08:02pm
Pakistan IMF programme revival credit positive, but challenges remain, says Moody’s Rating agency says ongoing floods will add to inflationary pressures in Pakistan, while imports would also rise Updated 05 Sep, 2022 09:18pm
Markets Russia signals opposition to potential OPEC+ oil output cut: WSJ MOSCOW: Russia does not support an oil production cut at this time and it is likely OPEC+ will keep its output ... Published 05 Sep, 2022 08:05am
World Saudi’s Alfanar signs MoU for $3.5bn green hydrogen project in Egypt CAIRO: Saudi Arabian company Alfanar said on Monday it has signed a memorandum of understanding to build a $3.5... Updated 29 Aug, 2022 06:44pm
Markets Saudi Arabia may cut October crude prices for Asia SINGAPORE: Top oil exporter Saudi Arabia could slash October prices for most crude grades it sells to Asia after a... Published 29 Aug, 2022 02:28pm
Print FCA exemption to cause Rs21bn impact: Miftah ISLAMABAD: The government would not charge FCA from electricity consumers using less than 200 units monthly after... Updated 27 Aug, 2022 09:46am
Pakistan Qatar to invest $3bn in Pakistan's airports, fuel terminals, LNG plants, solar parks: Miftah Ismail Finance minister says govt has not discussed sale of PIA, Roosevelt Hotel in Qatar Updated 26 Aug, 2022 08:11pm
Markets Fifth successive loss: rupee depreciation continues against US dollar Decline comes despite assurance of funding from multiple bilateral creditors Updated 26 Aug, 2022 07:31pm
Print The kingdom too will invest in Pakistan: $1bn CAIRO: Saudi Arabia plans to invest $ 1 billion in Pakistan, Saudi state TV reported on Thursday. Saudi King Salman... Updated 26 Aug, 2022 09:28am
Pakistan Saudi Arabia announces investment of $1bn in Pakistan: report King Salman bin Abdulaziz Al Saud approves funding in support of Pakistan's economy and its brotherly people Published 25 Aug, 2022 07:55pm
World Europe’s Wizz Air considering a Saudi operating license RIYADH: European budget carrier Wizz Air is considering basing an airline in Saudi Arabia as part an agreement... Published 25 Aug, 2022 05:26pm
World Saudi-Iran talks to resume when conditions right in Iraq, says Iranian envoy KUWAIT: A delayed sixth round of talks between Saudi Arabia and Iran in Baghdad will take place when the conditions... Published 24 Aug, 2022 07:05pm
World Sweltering Saudis escape to mountainous ‘City of Fog’ AL-NAMAS: As Saudi Arabia swelters in sizzling desert temperatures, some are escaping to the “City of Fog” – a... Published 24 Aug, 2022 10:30am
Markets Oil jumps above $3/bbl on possible OPEC+ supply tightening NEW YORK: Oil prices soared more than $3 a barrel on Tuesday after Saudi Arabia floated the idea of OPEC+ output... Updated 23 Aug, 2022 08:41pm
Pakistan Pakistan to receive $2bn from Qatar: report Acting governor of the State Bank of Pakistan Dr Murtaza Syed says Pakistan will also get $1 billion in oil financing from Saudi Arabia and a similar amount in investments from the UAE Updated 22 Aug, 2022 11:07pm