Saudi Arabia

Macron to Lebanese leaders: reform swiftly or face consequences

Macron to Lebanese leaders: reform swiftly or face consequences

Published 01/09/2020

BEIRUT/PARIS (Reuters) - French President Emmanuel Macron on Tuesday gave Lebanese politicians until the end of October to start delivering on reforms, saying financial aid [more…]

China grants country’s first COVID-19 vaccine patent to CanSino: state media

China grants country’s first COVID-19 vaccine patent to CanSino: state media

Published 17/08/2020

BEIJING (Reuters) - China’s vaccine specialist CanSino Biologics Inc has won a patent approval from Beijing for its COVID-19 vaccine candidate Ad5-nCOV, state media reported, [more…]

Saudi Aramco’s profit plunges, sees signs of oil market recovery

Saudi Aramco’s profit plunges, sees signs of oil market recovery

Published 10/08/2020

DUBAI (Reuters) - State oil giant Saudi Aramco’s profit plunged 73% in the second quarter of the year, as a slump in energy demand and [more…]

Saudi information security firm Elm to acquire Tabadul

Saudi information security firm Elm to acquire Tabadul

Published 09/08/2020

DUBAI (Reuters) - Saudi information security company Elm is to acquire digital services company Tabadul from Saudi Arabia’s sovereign wealth fund, Elm said in a [more…]

Russia is raising oil output as OPEC+ cuts ease: source

Russia is raising oil output as OPEC+ cuts ease: source

Published 03/08/2020

MOSCOW (Reuters) - Russian oil and gas condensate output increased to 9.8 million barrels per day (bpd) on Aug. 1-2 from 9.37 million bpd in [more…]

Saudi King Salman, 84, admitted to hospital

Saudi King Salman, 84, admitted to hospital

Published 20/07/2020

RIYADH (Reuters) - Saudi Arabia’s 84-year-old ruler, King Salman bin Abdulaziz, has been admitted to hospital in the capital Riyadh, suffering from inflammation of the [more…]

G20 finance officials eye solution to digital tax row this year

G20 finance officials eye solution to digital tax row this year

Published 18/07/2020

WASHINGTON/BERLIN (Reuters) - Finance officials from the Group of 20 major economies on Saturday vowed to resolve major differences over taxing big tech companies and [more…]

Oil dips on surge in COVID-19 infections

Oil dips on surge in COVID-19 infections

Published 13/07/2020

LONDON (Reuters) - Oil prices fell on Monday on a record daily rise in global coronavirus cases, with big spikes in infections over the weekend [more…]

Tunisia seeks late debt payments as crisis hits economy, state budget

Tunisia seeks late debt payments as crisis hits economy, state budget

Published 13/07/2020

TUNIS (Reuters) - Tunisia has asked four countries to delay debt repayments, it said on Monday as it announced more pessimistic economic and budget forecasts [more…]

Saudi central bank governor calls for more lending from commercial banks

Saudi central bank governor calls for more lending from commercial banks

Published 30/06/2020

DUBAI (Reuters) - Saudi Arabia’s central bank governor said it was encouraging commercial banks to lend more to sustain businesses during the coronavirus crisis. Saudi [more…]