Saudi Arabia rejected the decision from the Israeli Security Cabinet last week to approve five new settlements in the West Bank and other measures against Palestinians in the region, warning that the move will have “dire consequences.”
Tag: Saudi Arabia
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SAUDI ARABIA: THE NEXT BIG PLAYER IN AI?
Mohammed bin Salman, Saudi Arabia’s king-in-waiting, has invested his country’s cash in gaming enterprises, green hydrogen technology, and plans to build a “digital city” called Neom in the desert.
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IRAN BLAMES MUSLIM COUNTRIES FOR LACK OF RESPONSE TO GAZA GENOCIDE
Ayatollah Khamenei, the leader of the Islamic Revolution, addressed the 40th International Quran Competition last week, and praised “the resistance forces of Gaza and Palestine, by standing against the evil Zionist enemy.”
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U.S. PUNISHES YEMEN OVER HOUTHI ATTACKS BY BLOCKING PEACE DEAL WITH SAUDI ARABIA
The Biden administration’s decision to re-designate Yemen’s Houthis as a terror organization for defending Gazans against the Israeli genocide means a peace deal between Sana’a and Saudi Arabia is unlikely.
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SAUDI ARAMCO ABANDONS PLAN TO EXPAND OIL PRODUCTION CAPACITY
The Saudi Arabian Oil Co. (Aramco), the world’s richest oil firm, has scrapped plans to boost its production capacity by 13 million barrels a day by 2027. It offered no reason for the decision.
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ARAMCO ADDS $4 BILLION TO ITS VENTURE FUND
Saudi Aramco, the world’s richest oil company, will more than double its venture capital fund.
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SAUDI ARABIA CUTS OIL PRICES FOR FEBRUARY
Saudi Arabia has cut its oil price for February, a month traditionally slow in demand, as the world enters a supply glut due to strong production in the U.S. and a worldwide economic slowdown.
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SAUDI ARABIA CALLS FOR AN END TO THE WAR RAVAGING GAZA
Mohammed bin Salman, the Saudi Arabian crown prince, on Friday repeated his call for Israel to end its blockade in Gaza along with its brutal bombing campaign that has killed over 11,000 and injured tens of thousands more.
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SAUDI ARABIA WARNS U.S. AGAINST ISRAELI GROUND INVASION IN GAZA THAT WOULD DESTABILIZE REGION
Saudi Crown Prince Mohammed bin Salman made it clear to a U.S. delegation last week that an Israeli ground invasion would be unwise and poses a threat to the stability of the entire region.
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SAUDI ARABIA CUTS OIL OUTPUT, BUT OIL PRICES KEEP SINKING
After a tense weekend meeting of the Organization of Petroleum Exporting Countries and their allies (OPEC+), Saudi Arabia announced it would pare back its oil production by one million barrels per day in an attempt to push crude prices higher.