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MIDDLE EAST

US Claims Higher Returns on Venezuelan Oil Sales After Maduro’s Ouster

BUSINESS, Finance, MIDDLE EAST, Tourism & Transport, WORLD / Leave a Comment

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

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Saudi Crown Prince and Putin Reaffirm Energy Cooperation in High-Level Call on Global Stability

BUSINESS, Finance, Kuwait, MIDDLE EAST, Qatar, Saudi Arabia, Tourism & Transport, WORLD / Leave a Comment

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

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Saudi Arabia’s Non-Oil Economy Maintains Momentum as PMI Signals Continued Expansion

Energy, Finance, MIDDLE EAST, Saudi Arabia / Leave a Comment

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

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Kuwait to Open Offshore Oil and Gas Projects to Global Energy Firms Under Al-Seef Plan

Finance, Kuwait, MIDDLE EAST, WORLD / Leave a Comment

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

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Kuwait and Dubai TV Sign Joint Production Agreement to Boost Gulf Media Collaboration

Dubai, Kuwait, MIDDLE EAST / Leave a Comment

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

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Kuwait to Launch Driving Training Academies Under Stricter Licensing Reforms

Kuwait, MIDDLE EAST, TECHNOLOGY, Tourism & Transport / Leave a Comment

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

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Nigel Farage Made Dubai Trip to Woo British Expats and Meet UAE Ministers

Dubai, MIDDLE EAST / Leave a Comment

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

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Death of Former Prime Minister Ahmad Obeidat

Jordan, MIDDLE EAST, PRESS RELEASE, WORLD / Leave a Comment

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

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Foreign Buying of Saudi Stocks Hits $1.33bn Ahead of February Rule Change

BUSINESS, Finance, MIDDLE EAST, Saudi Arabia, TECHNOLOGY / Leave a Comment

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

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Finance Minister Announces Launch of National Privatization Strategy

MIDDLE EAST, PRESS RELEASE, Saudi Arabia, TECHNOLOGY, WORLD / Leave a Comment

Finance Minister Announces Launch of National Privatization Strategy RIYADH — Saudi Arabia’s Minister of Finance and Chairman of the National Center for Privatization Mohammed bin Abdullah Al-Jadaan has announced the launch of the Kingdom’s National Privatization Strategy, marking a new phase in the country’s economic reform agenda. Al-Jadaan said the Council of Economic and Development

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