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Oil

Trump signals end to price war as Oil prices rocket over 30%

Oil prices rocketed Thursday, posting the largest percent increase ever after US President Donald Trump said Russia and Saudi Arabia planned to end their...
Iran

US-Iran rift: Trump warns Iran of ‘heavy price’ in case of attack on US...

President Donald Trump warned Iran on Wednesday of a "heavy price" if it or its allies in Iraq attack US troops stationed there. "We don't...
oil

Saudi boosts oil output to record level as price war intensifies

Saudi Arabia boosted crude oil supply to record levels Wednesday, with state giant Aramco offering 18.8 million barrels on a single day despite a...
saudi

Hajj 2020: Saudi Arabia may delay hajj plans over coronavirus epidemic

Saudi Arabia's hajj minister asked Muslims on Tuesday to temporarily defer preparations for the annual pilgrimage amid uncertainty over the coronavirus pandemic. Earlier this month,...
oil exports

Escalating Oil-Price War: Saudi decided to raise oil exports to record levels

Saudi Arabia said on Monday it will raise its oil exports to a record 10.6 million barrels per day starting from May despite a...
Saudi

Curfew-locked Riyadh under attack: Army intercepts raining missiles

Saudi air defences intercepted Yemeni rebel missiles over Riyadh and a city on the Yemen border, leaving two civilians wounded in the curfew-locked capital...
G20

G20 leaders’ ‘united’ response to coronavirus crisis: pledge $5tr to fight the disease

G20 nations pledged a "united front" Thursday in the fight against coronavirus, saying they were injecting $5 trillion into the global economy to counter...
lockdown

India locks down 1.3 billion people as Asia braces for virus outbreak

Here are the latest developments from Asia related to the novel coronavirus pandemic: India to impose total lockdown India's 1.3 billion people will go under "total...
Yemen

Yemen Remains Mired in Suffering After Five Years Of Saudi-led Intervention

Impoverished Yemen is mired in a devastating conflict between Iran-backed rebels and government forces, which intensified after Saudi Arabia led a military intervention five...
Saudi arabia

Saudi Arabia takes unprecedented steps to save its failing economy

Saudi Arabia plans to raise borrowing by 20 percentage points to 50 percent of GDP to steady an economy rocked by plunging oil prices...
Saudi

Virus-hit Saudi economy is suffering: Huge losses are expected

From empty hotels to shuttered beauty salons, oil-dependent Saudi Arabia is bracing for a coronavirus-led economic slump on top of possible austerity measures as...
Saudi mbs

MBS wants to kill the oil industry, Saudi will pay the price

With stock markets crashing and economies grinding to a halt as the world struggles to get a grip on the Coronavirus, Saudi Crown Prince...
oil price war

Oil price war: In reality its about market share

The common refrain is that Saudi Arabia has launched an oil price war against Russia by boosting production and selling at discounted price, which,...
PIA

Saudi Arabia allows Pakistan’s flight operations for limited days

PIA will continue to operate flights to Saudi Arabia to bring home the stranded Umrah pilgrim till March 17th. Pakistan International Airlines can send its...
Saudi Arabia - virus

Saudi Arabia bans international flights as Google develops virus app

Saudi Arabia said Saturday it would suspend international flights for two weeks in response to the corona virus outbreak. "The Kingdom's government decided to suspend...
OPEC

Russia surrenders in price war initiated by OPEC

Russia said Tuesday it was open to renewing cooperation with the OPEC oil cartel even as kingpin Saudi Arabia escalated a price war with...
Saudi

Saudi coup plot: Three royal princes locked up

Saudi authorities have detained three princes including King Salman's brother and nephew on charges of plotting a coup, the US media reported Friday, signalling...
Saudi

Saudis close Holy Kaaba for sterilization

Saudi Arabia on Thursday emptied Islam's holiest site for sterilization over fears of the new coronavirus, an unprecedented shutdown state media said will last...
death

Death of second influential President since Arab Spring

After Moammar Gadhafi, another key pillar falls in the middle east. World leaders paid tribute to Hosni Mubarak, the death of whom occurred on...
horse race

World’s most expensive horse race is taking place in a Muslim country

Saudi Arabia this week hosts the world's richest horse race, with $20 million in cash prizes on offer in the latest international sports extravaganza...
Madinah

Opinion: Losing Madinah: Fears Amid Increasing Engagements b/w Saudi Arabia and Israel

Recep Tayyip Erdogan the President of Turkey is the first leader of the Islamic World to highlight his fears of losing Madinah to the...
rapper

Saudi Arabia orders to arrest female rapper for controversial video song

Official calls to arrest a Saudi female rapper who appeared in a music video have sparked an online backlash with many calling the move...
Saudi

Saudi G20 is meeting to discuss coronavirus

Finance ministers and central bank governors from G20 nations meet in the Saudi capital Saturday for a two-day gathering to discuss the global economy...
Aramco

Saudi Aramco shares shed post-IPO gains as oil dives

Saudi Aramco shares have lost most of the gains they made since listing in December in a landmark first offering, as oil prices drop...
Huthi

New Escalation Between Saudi and Iran After Plane Downing

Claims that Yemeni rebels shot down a Saudi warplane have spotlighted the increasingly potent Huthi arsenal -- cause for alarm in Riyadh as fighting...
Iran

UN report: Iran Denies Allegation of Saudi Oil Attacks

Tehran denied allegations of attack on Saudi Oil Refineries. It says US is using recent UN report to exaggerate its Saudi oil attack claims....
power plant

Are Arab oil reserves depleting? UAE to set up first Arab nuclear power plant

The United Arab Emirates said Monday it has issued a licence for a reactor at its Barakah nuclear power plant, the first in the...
Hajj quota

Govt decides to restore Hajj quota of members of parliament

Government has decided to restore quota of members of parliament in Government Hajj Scheme.  PTI led government in a major policy reversal has made...
Denmark

Iranian dissidents arrested for spying for Saudi Arabia

Danish security officials have arrested three members of an Iranian separatist group and charged them with spying on behalf of Saudi Arabia, Denmark's intelligence...
Trump's deal

OIC rejects Trump’s Middle East peace plan

The Organisation of Islamic Cooperation (OIC) on Monday rejected US President Donald Trump's peace plan for the Middle East, calling on its 57 member...

Most Read

Is Imran Khan responsbile for problems of Pakistan?

Corona Virus has hit the world hard. The developed countries are reeling under its potent onslaught. Desperate cries of shortage of ventilators, hospital beds...

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