Saudi Arabia News

Saudi Arabia Boosts June Oil Production Amid Rising Geopolitical Tensions and Global Supply Concerns

Saudi Arabia increased its June oil output due to geopolitical tensions, adhering to OPEC+ quotas. The extra production bolstered domestic and offshore reserves, ensuring global en...

Saudi Arabia Resists US Pressure to Increase Oil Production Amid Price Concerns

Amid US efforts to lower oil prices by increasing production, Saudi Arabia resists calls to boost output, citing economic concerns. The International Monetary Fund underscores the ...

Saudi Arabia Announces $600 Billion Investment and Trade Expansion with the US

Saudi Arabia plans a $600 billion investment and trade expansion with the US over the next four years, as announced by Crown Prince Mohammed bin Salman to President Donald Trump, a...

Saudi Arabia Unveils Bold Uranium Enrichment Strategy for Nuclear Energy

Saudi Arabia announces plans to enrich uranium for nuclear energy, aiming to produce and sell the mineral. The kingdom's energy minister revealed the strategy, highlighting its pot...

Saudi Wealth Fund Acquires Significant Stake in London's Heathrow Airport

Saudi Arabia's Public Investment Fund and French investment firm Ardian acquire a significant stake in Heathrow Airport Holdings, altering the ownership structure of one of England...