Iraq Loses Up to 4,500 MW as Iranian Gas Supplies Are Suddenly Cut Iraq has confirmed that gas supplies from Iran have been completely halted, triggering a significant loss of power generation and adding pressure to the country’s already strained electricity system, the Ministry of Electricity said on Tuesday. In an official statement, the ministry
Iraq Loses Up to 4,500 MW as Iranian Gas Supplies Are Suddenly Cut Read More »
US Claims Higher Returns on Venezuelan Oil Sales After Maduro’s Ouster WASHINGTON — The United States is securing significantly higher prices for Venezuelan crude oil than Caracas did just weeks ago, according to US Energy Secretary Chris Wright, highlighting a dramatic shift in control and pricing following recent political developments in Venezuela. Speaking at a
US Claims Higher Returns on Venezuelan Oil Sales After Maduro’s Ouster Read More »
Saudi Crown Prince and Putin Reaffirm Energy Cooperation in High-Level Call on Global Stability Saudi Crown Prince Mohammed bin Salman held a telephone conversation on Tuesday with Russian President Vladimir Putin, during which the two leaders reviewed bilateral relations and discussed cooperation aimed at maintaining stability in global energy markets. According to the Saudi Press
Saudi Arabia’s Non-Oil Economy Maintains Momentum as PMI Signals Continued Expansion RIYADH — Saudi Arabia’s non-oil private sector continued to show strong expansion at the start of 2026, underscoring the resilience of the Kingdom’s economic diversification drive, according to the latest Purchasing Managers’ Index data released by S&P Global. The Riyad Bank PMI, compiled by
Saudi Arabia’s Non-Oil Economy Maintains Momentum as PMI Signals Continued Expansion Read More »
Kuwait to Open Offshore Oil and Gas Projects to Global Energy Firms Under Al-Seef Plan KUWAIT — Kuwait is preparing to invite international oil companies to participate in the development of newly discovered offshore oil and gas resources, as part of a strategic push to accelerate production and transfer advanced technology to the national energy
Kuwait to Open Offshore Oil and Gas Projects to Global Energy Firms Under Al-Seef Plan Read More »
Kuwait and Dubai TV Sign Joint Production Agreement to Boost Gulf Media Collaboration KUWAIT — Kuwait Television and Dubai TV have taken a significant step toward strengthening Gulf media collaboration after Dubai Media Incorporated and Kuwait’s Ministry of Information signed a memorandum of understanding for joint television production. The agreement was signed on Sunday by
Kuwait and Dubai TV Sign Joint Production Agreement to Boost Gulf Media Collaboration Read More »
Kuwait to Launch Driving Training Academies Under Stricter Licensing Reforms KUWAIT — Kuwait is set to establish specialized driving learning academies as part of a broader effort to tighten licensing standards, improve driver competence, and enhance road safety, Interior Minister Sheikh Fahad Al-Yousef Al-Sabah announced on Tuesday. Speaking at the National Forum for Transport and
Kuwait to Launch Driving Training Academies Under Stricter Licensing Reforms Read More »
Nigel Farage Made Dubai Trip to Woo British Expats and Meet UAE Ministers DUBAI — Reform UK leader Nigel Farage has reportedly held meetings with senior UAE officials and courted British expatriates during a recent visit to Dubai, underlining the deepening relationship between Abu Dhabi and Europe’s populist right. According to UK media reports, Farage
Nigel Farage Made Dubai Trip to Woo British Expats and Meet UAE Ministers Read More »
Death of Former Prime Minister Ahmad Obeidat AMMAN — Jordan’s former prime minister and veteran statesman Ahmad Obeidat passed away on Monday evening at the age of 88, marking the loss of a prominent figure who played a significant role in shaping the country’s modern political and security institutions. Obeidat was born in 1938 in
Death of Former Prime Minister Ahmad Obeidat Read More »
Foreign Buying of Saudi Stocks Hits $1.33bn Ahead of February Rule Change RIYADH — Foreign investors made net purchases of approximately SR5 billion ($1.33 billion) in Saudi equities during January, marking the strongest monthly inflows since 2022 and underscoring rising global confidence ahead of a major regulatory shift in the Kingdom’s capital markets. The surge
Foreign Buying of Saudi Stocks Hits $1.33bn Ahead of February Rule Change Read More »