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Lord Mayor of London Michael Mainelli revealed that intense efforts are underway to maximize fintech, green financing, AI, space and cyberspace partnerships with Saudi Arabia. He added that the UK and Saudi Arabia are important trade partners. “The UK is Saudi Arabia’s largest trading partner in Europe,” he told Asharq Al-Awsat in an interview on the sidelines of his participation at the special meeting of the World Economic Forum in Riyadh last week.

Oil recoups most of its declines

Israel struck a military facility belonging to the Iran-backed Houthi militia in Sanaa in Yemen, the Saudi al-

State-run oil marketing companies (OMCs) returned to profitability, with a consolidated net profit of Rs 27,295 crore in Q2

While saying US-mediated negotiations between Israel and the Saudis were good, the 100-year-old former US Secretary State expressed 'concern' over potential Israeli concessions to Saudi Arabia.