Saudi Energy Minister Khalid al-Falih speaks during the Gulf Intelligence Saudi Arabia Energy Forum in Riyadh. File
Saudi Arabia raised the local price for Octane 95 to 2.10 riyals from 2.02 riyals last quarter and Octane 91 to 1.44 riyals from 1.37 riyals per litre, state oil firm Saudi Aramco said on Saturday. The change goes into effect on Sunday (April 14), the company said in a statement,
Saudi Crown Prince Mohammed Bin Salman plans to visit South Korea this week as the two countries seek to bolster economic ties, officials in Seoul said on Monday.
Saudi Arabia on Tuesday said that drones attacked one of its oil pipelines as other assaults targeted energy infrastructure elsewhere in the kingdom.
Saudi Aramco is set to raise $12 billion with its first international bond issue after receiving more than $100 billion in orders, a record breaking vote of market confidence for the oil giant. State-owned Aramco›s bond issue, split into maturities ranging from three to 30 years, is seen as a gauge of potential investor interest in the Saudi company›s eventual initial public offering.
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, on Monday visited a side exhibition of the Global Business Forum Africa held in Jumeirah City.
De Havilland Aircraft of Canada Limited announced on Monday during the Dubai Airshow that lessor Palma Holding (Palma) has signed a Letter of Intent to purchase 20 Dash 8-400 aircraft. The parties are working to finalize a purchase agreement.
Dubai Chamber of Commerce and Industry has been named as an Official Expo 2020 partner following the signing of a partnership agreement between the two organisations, Reem Al Hashimy, UAE Minister of State