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Saudi Arabia

Oil Prices Steady as Saudi Arabia Lowers Prices and OPEC+ Increases Production Goals

Oil prices have remained relatively stable, hovering around levels observed prior to the Iran conflict. Factors such as Saudi Arabia's reductions in official selling...

Oil Declines as OPEC+ Approves Increased Production Goals

Oil prices experienced a slight decline on Monday following OPEC+'s decision to raise its output targets effective from August. Simultaneously, exports from significant producers...

Exclusive: Lucid Motors’ Ambitious Saudi Investment Faces Tough Challenges as New CEO Implements Major Cuts to Ensure Survival

Lucid Motors stands at a pivotal moment in 2026, fueled by innovative technology and a luxury SUV that has garnered accolades. Yet, the company...

Lee Kang-in Selects Atlético Madrid Instead of Saudi Proposal

Lee Kang-in, the talented South Korean midfielder, has made headlines by opting to join Atlético Madrid instead of accepting a lucrative offer from a...

7 OPEC+ Nations Reach Consensus on Gradual Increase in Monthly Oil Output Amid Price Decline

A recent development in the OPEC+ alliance indicates a slow rebound in oil production as several member countries plan to increase their output. This...

Saudi and Bahraini foreign ministers talk about US-Iran negotiation efforts.

In a recent high-level discussion, the foreign ministers of Saudi Arabia and Bahrain engaged in talks focused on the ongoing US-Iran negotiations. This dialogue...

Saudi Arabia’s Stock Market Declines at Trading Close; Tadawul All Share Falls 0.26%

Saudi Arabia's stock market experienced a noticeable dip at the close of trading, with the Tadawul All Share Index declining by 0.26%. This downturn...

Saudi Arabia Advocates for Worldwide Action Against AI-Driven Terrorism Risks

Artificial intelligence (AI) has quickly shifted from a futuristic dream to a significant concern in global security. A recent report highlights how terrorist organizations...

Strategic Alliance Among Ankara, Riyadh, Cairo, and Islamabad

In recent times, the diplomatic relations among Türkiye, Saudi Arabia, and Egypt have seen significant improvement. Following the onset of the U.S.-Israeli conflict with...

Microsoft Names Ayman AlGhamdi as President of Microsoft Arabia – EMEA Report

Microsoft has announced the appointment of Ayman AlGhamdi as the President of Microsoft Arabia, effective July 5, 2026. This strategic move underscores the company’s...

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