China's weak economy and record US production will lead to a surplus of one million barrels of oil a day next year, IEA says
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
The Big Problem for Saudi Arabia’s Futuristic City? The Country Doesn’t Have Enough Money
The price tag for Saudi Arabia’s ambitious plans runs into the trillions of dollars if fully built, far more than the country ...
Gulf Business23h
Saudi Arabia’s PIF raises $1bn from stc Group stake sale
Saudi PIF, which sold 6 per cent of stc for $3.2bn in 2021, will keep a 62 per cent stake in the telecoms group after the ...
Saudi Wealth Fund Ramps Up Stock Sales to Support Spending Plans
Saudi Arabia’s wealth fund sold part of its stake in the kingdom’s main mobile-phone operator for about $1 billion, the ...
July Non-OPEC And World Oil Production
World oil production increased by 406 kb/d in July to 81,591 kb/d. For December 2025, production is expected to be 84,634 ...
thearabianpost23h
Saudi Fund PIF Offloads $1 Billion STC Stake
A major player in the Saudi economy, STC is considered a blue-chip stock on ... Under this framework, which aims to reduce Saudi Arabia’s dependency on oil revenue, sectors like technology and ...
Zawya2h
Saudi Post, SEDA sign deal to bolster non-oil exports
The deal streamlines the provision of logistical solutions for general goods via land and air transport, while also ...