Portfolio managers trimmed their bullish positions in petroleum last week for the second week running, after prices again failed to break through the recent ceiling around $70 per barrel.
Partisan groups in Lebanon return to language of war in light of deadly stalemate, say politicians
Speaker Nabih Berri, MP Gebran Bassil join denouncement in wake of Hezbollah-backed rallies
Updated 24 May 2021
May 24, 2021 21:11
BEIRUT: Lebanese political parties have reacted strongly to a Beirut demonstration on Sunday by the Syrian Social Nationalist Party (SSNP), with the speaker of the Lebanese parliament reiterating the need for a national government on Monday.
Chants by SSNP members were “a return to the language of the civil war,” the parties said.
The demonstration, authorized by the Ministry of Interior, took place in light of a complex and deadly political stalemate.
Turkey could expand drilling in eastern Mediterranean amid territorial dispute
Tensions flared between Turkey and EU members Greece and Cyprus over energy resources and jurisdiction in the eastern Mediterranean in August
Updated 24 May 2021
May 24, 2021 12:09
ISTANBUL: Turkey may drill more boreholes in its search for gas in the eastern Mediterranean, Energy Minister Fatih Donmez said on Monday, an area where its search and drilling operations led to a standoff with Greece and Cyprus last year.
Turkey has already opened eight boreholes in the region, Donmez said, adding that while there were signs of natural gas, there had been no economically significant discovery.
MANILA: The World Health Organization (WHO) on Monday cited the Philippine’s COVID-19 vaccine rollout, rejecting claims of public reluctance to get inoculated against the disease.
“Right now, we don’t see a lot of (COVID-19) vaccine hesitancy in the Philippines. Actually, the issue is that the vaccine supply cannot meet the demand,” Dr. Rabindra Abeyasinghe, WHO representative to the Philippines, said during a virtual press briefing on Monday.
He added that while there had been initial vaccine hesitancy in the Philippines triggered mainly by an anti-dengue vaccine controversy in 2018 in terms of the COVID-19 jabs, many Filipinos were willing to get vaccinated.
‘I could live anywhere in the world I choose to stay in Saudi Arabia,’ says Abdurahman Afia
The reality is Saudi Arabia has one of the largest numbers of female entrepreneurs in the world and an incredible number of Saudi ladies now graduate from university
Updated 41 min 46 sec ago
SALEH FAREED
May 24, 2021 23:05
JEDDAH: A British expatriate who has lived in Saudi Arabia for more than two decades is showcasing the changing face of the country to hundreds of thousands of followers around the world and dispelling some of the misconceptions about life in the Kingdom
Abdurahman Afia was born and grew up in London. He moved to Saudi Arabia with his wife, Khadija, in 2000, and their four children 26-year-old Abdullah, 24-year-old Abdurahman, 20-year-olds Anas and Aisha were raised there.