Page 4 - Khalij News Today

Billion-dollar facelift as Bahrain bids to join Gulf boom

With a multi-billion dollar economic revamp in full swing, tiny Bahrain is vying to keep pace with its Gulf neighbours after more than a decade beset by political unrest.

Billion-dollar facelift as Bahrain bids to join Gulf boom

With a multi-billion dollar economic revamp in full swing, tiny Bahrain is vying to keep pace with its Gulf neighbours after more than a decade beset by

The small, non-OPEC oil producer is seeking to decrease its reliance on its oil sector which accounts for 80 per cent of revenues, much of that from refining.

Saudi Arabias former intelligence chief has said that the Kingdom is sticking to the terms of the 2002 Arab Peace Initiative in its drive to normalise relations with Israel. The terms are wel...

Meanwhile, thousands remain displaced in Libya despite ceasefire and Qatar provides a grant to victims of Israeli settler attacks in the Palestinian town of Huwwara

Saudi Aramco said yesterday it achieved "record" profits totalling US$161.1 billion last year, highlighting how a surge in oil prices after Russia invaded Ukraine spurred growth in...

It is shocking for a company to make a profit of $161bn in year through sale of fossil fuel, says Agnes Callamard

Saudi Aramco said on Sunday it achieved "record" profits totalling $161.1 billion last year, drawing an outraged response from activists warning about the ravages of climate change.The mostly state-owned energy giant, the world's second most valuable company behind Apple, said in a filing with the Saudi stock market that net income for 2022 was up 46 percent from $110 billion in 2021.