Trump would be wise to remember this as he interacts with MBS. Saudi officials may highlight their strategic relationship with Washington as mutually-beneficial, but the kingdom won't be doing the United States any favors. And the concessions the Saudis do make will almost certainly be paired with demands.
Top oil exporter Saudi Arabia may raise crude prices for Asian buyers in March to their highest in more than a year after benchmark prices spiked on higher demand from China and India as U.S. sanctions disrupted Russian supply,
According to the International Renewable Energy Agency (Irena), the Middle East has less than 1 per cent of the world’s renewable capacity. But from a low base, it is also the fastest-growing region outside China, in terms of adding capacity.
As Washington steels itself for a battle with China over critical minerals and Brussels struggles to beat back a flood of Chinese electric vehicles, Saudi Arabia has offered to help Beijing ride out its growing trade disputes.
The organization's president Maria Porro revealed that the new edition of the fair could take place in the near term, following government roundtable talks in the ancient Arabian oasis city of Al-Ula.
The spotlight is also shining on Saudi Arabia because of sports and the kingdom’s winning bid to host the FIFA World Cup in 2034. Fifteen stadiums in five host cities — Riyadh, Jeddah, Khobar, Abha and Neom — will house thousands of soccer fans and 48 teams.
The 2 GWh battery energy storage system (BESS) features 122 prefabricated storage units, designed and supplied by China’s BYD.
For many years Euro clubs was competing against itself for stars, but they have a new opponent to face off with for transfers.
Saudi Arabia "needs to punch at (its) weight" on the global stage given its growing institutional presence and the return of Donald Trump, the kingdom's finance minister told AFP in Davos. "We are a key player in the world,
The leak reveals that Saudi Arabia agreed to pay Russia over 2 billion euros under a contract signed in 2021 involving companies that were repeatedly sanctioned, both before and after Russia’s full-scale invasion of Ukraine.