The Kurdistan Regional Government has proposed to Baghdad an immediate ceasefire after more than a week of fighting following a decision by Baghdad to retake control of disputed Kirkuk and Continue Reading
With oil the source of regional disputes, the semiautonomous Kurdish government in northern Iraq said it was backing off its ambitions for independence. The Kurdistan Regional Government said in statements Continue Reading
Saudi Arabia is throwing an economic coming-out party of sorts this week, hawking its efforts to liberalize its conservative society and diversify its economy in a sweeping overhaul of the Continue Reading
As it is trying to boost private-sector growth and diversify its economy away from crude oil, Saudi Arabia aims to make its Public Investment Fund (PIF) one of the world’s Continue Reading
Saudi Arabia’s stock exchange aspires to be the exclusive venue for the listing of Saudi Aramco’s IPO-ARMO.SE initial public offering and the market has sufficient liquidity to absorb the share Continue Reading
Saudi Aramco’s initial public offering is on track for next year, and the national oil giant could be valued at more than $2 trillion, Saudi Arabia’s Crown Prince Mohammad bin Continue Reading
Crown Prince Mohammed bin Salman announced the coming creation of a $500 billion business and industrial megacity that links Saudi Arabia, Egypt, and Jordan together by focusing on growth in Continue Reading
The world’s top oil exporter Saudi Arabia is determined to reduce inventories further through an OPEC-led deal to cut crude output and raised the prospect of prolonged restraint once the Continue Reading
Demand for oil will increase between 2030 to 2040 because there will be a need from petrochemical and other industries, not just for energy production, Saudi Arabia’s crown prince said Continue Reading
As much as US$1 trillion of investments has either been deferred or canceled with the lower-for-longer oil prices, and this underinvestment will impact the future of energy, Amin Nasser, the Continue Reading
