2024-07-06 08:43:08 +0300

Saudi Oil Pricing Signals Strains of Rising Competition in Asia

Bloomberg

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Saudi Arabia is offering some of its crude at steep discounts to its flagship grade as flows of cheap Russian oil spark intense competition.

#oil #eastnewsletter #steepdiscounts #intensecompetition #spark

Continue read on bloomberg.com

MarketsBy Anthony Di Paola2024-06-16 12:22:48 +0300

Estonia Suddenly Ramps Up Fuel Oil Supplies to Saudi Arabia

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Estonia, a country without a single oil refinery to its name, has...

#oilrefinery #FuelOil

MarketsBy Daniel Avis2024-06-15 18:24:14 +0300

Israel Signals Biden Mideast Visit Is Chance to Boost Saudi Ties

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Israel is seeking to normalize its relations with Saudi Arabia and...

#president #tie

MarketsBy Vivian Nereim2024-06-30 09:36:33 +0300

Saudi Unemployment Falls to Lowest Since 2008 as Economy Booms

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Saudi Arabia’s citizen unemployment rate fell to the lowest since...

#eastnewsletter #oilrevenue #economy #UnemploymentRate

MarketsBy Julia Fioretti2024-06-20 11:19:23 +0300

Saudi Stocks Briefly Erase Year’s Gains as Oil, Equities Plunge

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Saudi Arabian stocks briefly erased the year’s gains on Monday...

#recentlosses #briefly #saudi #bargain-hunters

MarketsBy Nicolas Parasie2024-06-29 11:36:37 +0300

Franklin Templeton Explores Opening an Office in Saudi Arabia

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Franklin Templeton is looking to establish an office in Saudi Arabia...

#FranklinTempleton #largesteconomy #deepen

MarketsBy Reema Al Othman2024-06-27 16:27:43 +0300

Saudi Banks Facing $43 Billion Tab Get a Rates Breather for Now

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Saudi Arabia’s cash injections into banks brought immediate...

#cash #grip #injection #relief

MarketsBy Archana Narayanan2024-06-13 10:47:27 +0300

Bahrain Wealth Fund Weighs Alba Listing in Saudi Arabia

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Bahrain’s sovereign wealth fund is considering a listing of...

#Wealthfund #bsc #aluminium

PoliticsBy Sylvia Westall2024-06-20 10:21:15 +0300

Saudi Crown Prince to Make Regional Tour Ahead of Biden Visit

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Saudi Arabia’s de facto ruler is expected to hold meetings in Egypt...

#tour #biden #crownprince #bridge

PoliticsBy Ap2024-06-15 23:59:28 +0300

DC Trolls Saudi Embassy By Naming Street Jamal Khashoggi Way

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Washington (AP) -- One month ahead of President Joe Biden’s trip to...

#president #embassy #onemonth #activist #kill

MarketsBy Vivian Nereim2024-06-20 14:43:46 +0300

Saudi Arabia Lifts Ban on Travel to Turkey Ahead of Prince Visit

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Saudi Arabia ended a ban on travel to Turkey on Monday, re-opening a...

#investment #crownprince #ban #travel #tourism

PoliticsBy Ap2024-06-26 14:38:41 +0300

Iraqi Caretaker PM in Iran to Rekindle Talks With Saudis

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Tehran, Iran (AP) -- Iraq’s caretaker prime minister Mustafa...

#statetv #talk

MarketsBy Paul Abelsky2024-07-05 08:48:53 +0300

Inflation Blowout Can’t Derail Growth in Top Two Arab Economies

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Price pressures spread across Saudi Arabia and the United Arab...

#economy #eastnewsletter #inflation #arabemirates

MarketsBy Reema Al Othman2024-06-12 09:55:37 +0300

Saudi Telecom To Raise Capital by $8 Billion In Bonus Shares

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Saudi Telecom Co., the most profitable mobile operator in the Middle...

#mobileoperator #saudi #telecom

MarketsBy Prejula Prem2024-06-29 14:32:21 +0300

Now Egypt Emerges as Major Supplier of Fuel Oil to Saudi Arabia

#eastnewsletter #majorsupplier #FuelOil

MarketsBy Omar Tamo2024-06-15 16:53:21 +0300

Oman Wealth Fund Considers IPOs of State Energy Firm OQ’s Units

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Oman is considering an initial public offering of two units of state...

#ipo #energy #unit

MarketsBy Alex Longley2024-06-28 17:42:42 +0300

An Esoteric Oil Gauge Has Spiked to an Unprecedented Level

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. The oil market is so strong some gauges are at previously...

#oilmarket #level #unprecedentedlevel

MarketsBy Michael Hirtzer2024-07-06 16:55:10 +0300

Chicken Giant Tyson Expands in Middle East With $70 Million Deal

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Tyson Foods Inc. is expanding chicken production in the growing...

#milliondeal #tyson #eastnewsletter

MarketsBy Mohammed Alamin2024-06-12 12:50:02 +0300

Thousands of Sheep Drown in Red Sea as Sudan Ship Founders

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. About 16,000 sheep bound for Saudi Arabia drowned when an overloaded...

#seacoast #ship #exporter

MarketsBy Salma El Wardany2024-06-19 15:52:05 +0300

Libya’s Rival PM Sees Politics Hindering Oil Production All Year

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Libya has little chance of holding elections this year, the...

#election #opecmember #littlechance

MarketsBy Matthew Martin2024-06-30 09:00:03 +0300

Billionaire Olayans Join Funding for Agritech Firm Pure Harvest

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. United Arab Emirates-based Pure Harvest Smart Farms raised $180.5...

#eastnewsletter #harvest #billionaire #backer #arab