Saudi Aramco reports 25% profit increase in Q1
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Officials say competition between the countries is healthy. But tensions are mounting over energy quotas, regional conflicts and their different visions for the Middle East.
Saudi Arabia’s $1 trillion wealth fund started operating a second office in mainland China earlier this year, as part of its efforts to deepen investment ties with the world’s second-largest economy.
By Andrew Mills, Rachna Uppal and Federico Maccioni Abu Dhabi, April 29 (Reuters) - The United Arab Emirates' withdrawal from OPEC weakens the group's control over global oil markets and potentially risks widening a rift with Gulf neighbour Saudi Arabia,
As it pulls billions from the LIV tour, the country is backing ventures like Five Iron Golf, suggesting a shift toward more practical, lower-profile bets on the sport. In late April, indoor golf and entertainment brand Five Iron Golf launched its first location in Saudi Arabia after nearly three years of coordination with Golf Saudi,
The head of Saudi Arabia’s securities exchange said the inclusion of its domestic bonds in two global indexes could draw billions of dollars of fresh money to the local debt market, boosting the kingdom’s efforts to attract overseas capital for its economic overhaul.
Soccer's international governing body FIFA confirmed Wednesday the locations for the next two men's World Cups, announcing Spain, Portugal and Morocco as joint hosts for the 2030 tournament, with games played in Uruguay, Paraguay and Argentina. FIFA also ...
Saudi Arabia is on the cusp of being confirmed as host of the 2034 World Cup. Australia was the only other nation that had expressed an interest in hosting the competition and was still in the running. On Tuesday morning, Australia confirmed it would not ...
Access restored: Saudi Arabia and Kuwait lifted restrictions on U.S. military basing and overflight, clearing the way to restart Project Freedom. Operation paused: The mission was halted after 36 hours when both Gulf states blocked access, citing unclear ...