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Saudi Arabia's voluntary production cuts support oil prices

RIYADH: Oil prices rose on Thursday as tighter supply resulting from Saudi Arabia’s pledged production cut and a potential pause to US interest rate hikes offset worries over demand weakness and a global economic slowdown. At a recent meeting of the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, Saudi Arabia said it will cut its crude output
Saudi Arabia Ar Riya United States Hessa Al Malek Tamas Varga Vladimir Putin

Sweden extradites Kurd to Turkiye in boost for NATO bid

LONDON: Swedish judges have approved the extradition of a PKK supporter to Turkiye, which could see Ankara end its veto of the Scandinavian country’s bid to join NATO, The Times reported. Mehmet Kokulu, a Kurd, found refuge in Sweden after serving part of a prison sentence in Turkiye for trafficking marijuana. He was a member of the youth wing of HDP, a political party that
City Of United Kingdom Mehmet Kokulu Tayyip Erdogan European Convention On Human Rights Kurdistan Worker Party

Uproar as Kuwaiti media writer prevented from entering Lebanon

BEIRUT: There was uproar in Lebanon on Thursday after Kuwaiti media writer and producer Fajer Al-Saeed was prevented from entering the country. Al-Saeed was stopped at Beirut’s Rafic Hariri International Airport on Wednesday evening, with Lebanon’s General Security rejecting a request from Kuwaiti Embassy officials to allow her to spend the night there before leaving on the
North Korea Joseph Al Kosseifi Samir Geagea Ghayath Yazbeck Fajer Al Saeed Arab League

Economic integration key to African peace, says Egyptian president

CAIRO: Advancing economic integration in Africa is key to achieving peace and security on the continent, Egyptian President Abdel Fattah El-Sisi has said. His comments on Thursday came at the 22nd Summit of the Common Market for Eastern and Southern Africa in Zambia. He said: “Egypt has assumed the leadership of the COMESA over the past two years, during a very delicate period
Al Qahirah Democratic Republic Of The Congo Republic Of Zambia Abdel Fattah El Sisi Hakainde Hichilema Southern African Development Community

GCC, Iraq electrical interconnection project enhances energy security: Saudi minister

RIYADH: The electrical interconnection project between Saudi Arabia and Iraq will support the Iraqi electrical grid, according to Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman. In an interview with Al-Arabiya, the prince said the connection was a dream that had become a reality and would achieve tangible economic benefits and enhance energy security. Speaking on
Saudi Arabia Ar Riya Saudi Arabia Energy Energy Minister Prince Abdulaziz Al Ahsa Al Kharj

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Saudi crown prince speaks to Indian PM on telephone

RIYADH: Saudi Crown Prince Mohammed bin Salman spoke to India’s Prime Minister Narendra Modi during a phone call on Thursday. During the call, they reviewed the distinguished relations within the strategic partnership between their countries, and existing joint cooperation in various fields and ways to enhance and develop it. A number of topics and issues of common interest
Ar Riya Saudi Arabia Narendra Modi Saudi Crown Prince Mohammed Prime Minister Narendra Modi Al Ahsa

Benzema happy to be in 'beloved and beautiful' Saudi Arabia and ready to push his limits

JEDDAH: New Al Ittihad signing Karim Benzema is looking forward to getting results in front of the ‘passionate’ Saudi fans and delivering trophies to his “legendary” new club in a competitive league which he believes is improving year on year. The current holder of the Ballon d’or signed for the Jeddah based club following 14 seasons of domestic and European glory with Spanish
Saudi Arabia Ar Riya Cristiano Ronaldo Karim Benzema Al Ittihad Champions League

Yemen's central bank denies depletion of foreign currency reserves

AL-MUKALLA: Yemen’s central bank has sufficient foreign reserves outside the country to fulfill its needs for hard currency and payments for imports, the Aden-based lender said. The bank rejected media reports that its reserves had fallen below $200 million and said that despite the suspension of crude exports it had sufficient funds to meet demand and stabilize the national
A Ramawt La Ij Joyce Wong International Monetary Fund Al Ahsa Al Kharj

Energy supply is not a political issue, Hungarian FM Peter Szijjarto tells Arab News

RIYADH: Peter Szijjarto, Hungary’s minister of foreign affairs and trade, has criticized EU sanctions targeting Russia over the war in Ukraine, claiming they have damaged European economies while failing to end the conflict. Speaking to Arab News on the sidelines of the Ministerial Meeting of the Global Coalition to Defeat ISIS, held in Riyadh on Thursday, Szijjarto hit out at
Saudi Arabia Ar Riya Saudi Arabian Antony Blinken Peter Szijjarto Arab News

Saudi minister of foreign affairs meets French counterpart

RIYADH: Saudi Minister of Foreign Affairs Prince Faisal bin Farhan met his French counterpart Catherine Colonna on Thursday, on the sidelines of the ministerial meeting of the Global Coalition against Daesh in Riyadh. They reviewed the strong relations between the Kingdom and France, and ways to enhance ties in various fields, the Kingdom’s foreign ministry said in a
Ar Riya Saudi Arabia Saud Al Sati Foreign Affairs Prince Faisal Bin Farhan Saudi Foreign Ministry Global Coalition

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