Saudi Arabia - Global Business Magazine

Analysis: Oil’s journey from worthless in the pandemic to $100 a barrel

Global Business Magazine February 24, 2022

In July 2020, just a few months after the COVID-19 pandemic started to spiral out of control, Shell CEO Ben van Beurden declared Read More

Finance News World

Major Gulf bourses mixed in early trade

Global Business Magazine February 21, 2022

Major stock markets in the Gulf were mixed in early trade on Monday, amid plans by U.S. President Joe Biden and Read More

Energy News Oil & Gas Regional

IEA’s Birol again urges OPEC+ to narrow gap between oil targets and output

Global Business Magazine February 16, 2022

The Organization of the Petroleum Exporting Countries (OPEC) and their allies, known as OPEC+, needed to narrow the gap between their oil Read More

Finance News Regional

Most Gulf bourses rise on signs of easing Russia-Ukraine tensions

Global Business Magazine February 16, 2022

Most stock markets in the Gulf ended higher on Tuesday, with the Saudi index leading gains, as investors took confidence from Russia Read More

Business Featured News Regional

UAE Leads MENA Region’s M&A Activity In 2021 with 303 Deals

Global Business Magazine February 16, 2022

The UAE led Middle East and North Africa (MENA) region as far as Merger & Acquisition (M&A) activity was concerned Read More

Energy News Regional World

Tighter oil market confirmed by IEA demand revision

Global Business Magazine February 15, 2022

An upward revision in historical oil demand by the International Energy Agency in its monthly report points to a tighter global market Read More

Business News World

Saudi Arabia’s Jan inflation rate up 1.2% y/y – govt data

Global Business Magazine February 15, 2022

Saudi Arabia's consumer price index rose 1.2% in January from a year earlier, fuelled by higher transport prices, government data showed on Tuesday.Read More

Business Featured News Regional

UAE’s F&B Trade Reaches $20 Billion In First Nine Months Of 2021

Global Business Magazine February 14, 2022

Food and beverage (F&B) trade in the UAE increased steadily to reach over $20 billion in the first nine months of 2021, supported Read More

Energy Featured News Regional

Boost For Saudi Renewables After Aramco Transfers Shares To PIF

Global Business Magazine February 14, 2022

When Saudi Arabia’s Crown Prince Mohammed bin Salman announced transfer of Saudi Aramco’s 4% shares to state-owned Public Investment (PIF), it Read More

Energy News Regional World

Saudi Crown Prince Mohammed Bin Salman Transfers 4% Of Aramco Shares To PIF

Global Business Magazine February 13, 2022

Saudi Crown Prince Mohammed bin Salman on Sunday announced the transfer of 4% of oil and gas giant Saudi Aramco shares to the Read More

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