Global oil market fundamentals are expected to remain sound for the rest of the year, underpinned by healthy demand in developing countries, especially in China and India, Saudi Aramco CEO and President Amin Nasser said. On Aramco’s strategy in Asia, Nasser said: “We are...
The Organization of the Petroleum Exporting Countries (OPEC) expects global oil demand to rise to 110 million barrels per day (bpd) by 2045 and oil to account for nearly 29% of the energy mix by then. "The world cannot do without oil in the foreseeable future," OPEC Secretary...
King Salman bin Abdulaziz Al Saud, the Custodian of the Two Holy Mosques, has issued an order to host 1,000 pilgrims from Saudi families of martyrs who participated in the Determination Storm Operation, as well as 1,000 pilgrims from the families of martyrs from the Yemeni forces. This initiative...
Hajj season for 1444 AH starts today, June 26, coinciding with the Day of Tarwiyah (Dhul Hijjah 8). Pilgrims go to Mina, where they will perform the five daily prayers and spend the night. Saudi Arabia decided to raise the number of pilgrims to more than two million this year, 90% of whom ...
King Salman Energy City (SPARK) signed a concession agreement with Hutchison Ports Co. to manage and operate the dry port and logistics zone in SPARK, the largest global center for power plants spanning 50 square kilometers in the Eastern Province. The agreement grants the concession right to...
Saudi Arabia’s General Authority of Civil Aviation (GACA) submitted the draft economic regulation of airports on the public consultation platform “Istitlaa”, seeking opinions between June 22 and July 20, 2023. The regulation aims to enhance competitiveness,...
The Ministry of Hajj and Umrah launched a pilgrim card via Nusuk application, the ministry said on its Twitter account. The card will facilitate movement through checkpoints, as it will prove a pilgrim’s identity. It will also provide key information, such as personal data,...
du, from Emirates Integrated Telecommunications Company (EITC), today announced a campaign in collaboration with Beat the Cyber Bully to educate UAE students about the risks of cyberbullying and the importance of its prevention. The campaign will involve visiting private and public schools across...
The Oversight and Anti-Corruption Authority (Nazaha) has recently initiated several criminal cases. Among 19 cases, Nazaha said that two non-commissioned officers were arrested for participating with two residents (arrested) in submitting incorrect documents according to which SAR...
Riyadh and Jeddah moved forward on the Global Liveability Index 2023 in an annual report prepared by the Economist Group's Economic Intelligence Unit (EIU), in its ranking of 140 cities. Riyadh and Jeddah advanced to take the 103rd and 107th positions on the index, respectively,...