A scenic view of the Aramco’s Ras Tanura oil refinery and oil terminal in Saudi Arabia. Reuters
Saudi Arabia’s non-oil private sector regained momentum midway through the third quarter of this year. Stronger domestic demand drove a faster upturn in output, which recovered from July’s five-month low.
Saudi Aramco’s Chief Executive expects rising oil demand in 2021, he said on Sunday, citing Chinese demand approaching pre-pandemic levels while vaccines help other economies to open up.
Saudi Arabia’s energy ministry has directed oil producer Saudi Aramco to raise its output capacity to 13 million from 12 million barrels per day (bpd), CEO Amin Nasser said
Life has a habit of passing so many people by because they are too busy thinking about what’s going to happen in the future or how they could have done things differently in the past.
The International Monetary Fund (IMF) on Friday slashed its US economic growth forecast as aggressive Federal Reserve interest rate hikes cool demand but predicted that the United States would “narrowly” avoid a recession.
Dubai has recorded 2,624 real estate and properties transactions at a value of Dhs 8 billion in total during the week ending 24th June 2022. The DLD report said that 274 plots were sold for Dhs1.15 billion,