Read the latest news from regional and global sources, presenting different voices and perspectives.
Opec bars five leading news organisations from oil conference
The Business Times Singapore
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July 9, 2025
[LONDON] Organization of the Petroleum Exporting Countries (Opec) has excluded five of the world’s leading news organisations from covering its biennial oil seminar in Vienna, attended by the group’s ministers and senior industry executives. The...
New hotel in Saudi Arabia will be a blueprint for sustainable living
Civil Engineering - Virginia
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(Rendering courtesy of NEOM) By Kayt Sukel The NEOM project is a futuristic, luxury coastal planned development to be built in northwest Saudi Arabia. Set in the province of Tabuk near the Gulf of Aqaba, the project’s aims include the “protection,...
OPEC seminar focuses on energy transition, calls for stronger global cooperation
Xinhua News Agency
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VIENNA, July 9 (Xinhua) -- The 9th OPEC International Seminar opened here on Wednesday, bringing together global energy leaders to discuss key issues including energy transitions, market stability, energy security, investment, technology, and...
UAE says markets thirsty for oil despite boosts in OPEC+ output
Hellenic Shipping News
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July 9, 2025
Markets are thirsty for oil because they are absorbing OPEC+ production increases without building inventories, United Arab Emirates Energy Minister Suhail al-Mazrouei said on Wednesday. OPEC+, which pumps about half of the world’s oil, has been...
Saudi reports crude export rise by 412,000bpd in April
New National Star
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July 9, 2025
BY SAM OTUONYE Top OPEC Producer, Saudi Arabia’s crude exports soared by 412,000 barrels per day (bpd) in April from March, the latest data by the Joint Organizations Data Initiative (JODI) showed on Tuesday. Saudi Arabia, the world’s top crude...
Agriculture exports can rise from Rs 4.5 lakh crore to Rs 20 lakh crore with focus on processing, branding: Piyush Goyal
Sacramento Sun - California
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New Delhi [India], July 9 (ANI): Union Minister of Commerce and Industry Piyush Goyal, while addressing the ICC: Krishi Vikram Thematic Session in New Delhi on Wednesday and said that India's agriculture and fisheries exports have now reached Rs...
Persian Gulf: Iran–Saudi Dialogue Following Israeli-Iranian Conflict
SpecialEurasia
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July 9, 2025
Executive Summary On 8 July 2025, Iranian Foreign Minister Seyed Abbas Araghchi met with Saudi Defence Minister Prince Khalid bin Salman in what appears to be the first senior bilateral engagement since the cessation of hostilities between Israel...
Saudi’s Jahez buys majority stake in Qatar’s Snoonu, valuing it at $320 million
MENAbytes
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July 9, 2025
Saudi-listed food delivery platform Jahez is acquiring a 76.56% stake in Qatar’s Snoonu for $245 million, marking its entry into the Qatari market and further expansion across the GCC, it announced in a statement today. Jahez will acquire 75% of...
Agriculture exports to grow fivefold to Rs 20 lakh crore: Piyush Goyal
Financial Express
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India’s exports from agriculture and allied sectors including processed food are poised to grow five-fold to Rs 20 lakh crore over the next few years, through increased processing, branding and better packaging, commerce and industry minister...
Ericsson reinforces its commitment to the KSA by establishing regional HQ in Riyadh
TahawulTech
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July 9, 2025
Ericsson, one of the leading global ICT vendors has reinforced its commitment to the Kingdom of Saudi Arabia, following its decision to inaugurate its new regional headquarters in Riyadh. From Left to Right: Eng. Nezar Banabeela, CEO of Mobily,...
Saudi Arabia to allow property ownership for foreigners in 2026
Daily Times
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July 9, 2025
In a historic move, Saudi Arabia has announced that foreigners will be allowed to purchase real estate in specific areas of the country for the first time. This new policy, set to come into effect in January 2026, marks a significant shift in the...
Iran-linked hackers target US transportation, manufacturing firms
Cybersecurity Dive
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Hackers linked to the Iranian government have escalated attacks against certain U.S. critical infrastructure since the beginning of the Israel-Iran conflict, according to new research. The Iran-linked threat groups, tracked as MuddyWater, APT33,...
Saudi Arabia's new work permits to improve flexibility in hiring talent from overseas
The National News
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Saudi Arabia's new work permit classification system will introduce a more flexible approach to hiring high-skilled expats and attracting global talent but less-skilled workers may face more scrutiny, recruiters say. The kingdom's Ministry of...
Saudi, Syrian figures visit Knesset to talk up chances for normalization
The Times of Israel
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July 9, 2025
A Syrian activist who paid a rare visit to the Knesset Wednesday said new Syrian president Ahmed al-Sharaa had called the movement toward forging peace with Israel a once-in-a-century opportunity, but worried the chance could slip away....
Empire Energy and Ellevo Group signs strategic joint venture
Energy Global
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July 9, 2025
Empire Energy and Ellevo Group have announced the formation of a strategic joint venture, established in July 2025, to meet the evolving demands of the offshore wind industry across the UK, EMEA, APAC, and LATAM regions. The collaboration combines...
OPEC to raise September production by 550,000bpd
New National Star
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July 9, 2025
BY SAM OTUONYE Investigations have revealed that the apex oil group, Organization of Petroleum Exporting Countries (OPEC) would hike output by September. The OPEC+ oil producers are set to approve another big output boost for September as they...
Saudi Arabia: Mixed Financial Mid-Year Report
finews.com
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July 9, 2025
Mittwoch, 09. Juli 2025 10:34 In the first six months of 2025, G20 member Saudi Arabia succeeded in attracting more foreign direct investment (FDI) and boosting employment. The half-year results almost resemble a scenario from another world—if it...
K-Electric consumers to get Rs. 4.03 per unit relief in July bills under April FCA
Profit by Pakistan Today
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July 9, 2025
ISLAMABAD:Karaciites are set to receive a major relief in their upcoming July electricity bills, as the National Electric Power Regulatory Authority (NEPRA) has approved a reduction of Rs. 4.0349 per unit under the Fuel Charges Adjustment (FCA)...
Saudi insurance market: Q1 2025 results
Atlas Magazine
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The Insurance Authority (IA) has published the Saudi market's key indicators as at 31 March 2025. The overall turnover amounted to 26.013 billion SAR (6.9 billion USD), increasing by 15% compared to the 22.629 billion SAR (6 billion USD) recorded...
OPEC Ministers Say More Oil Needed, Dig At Energy Transition Economics
Forbes
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OPEC logo at the its headquarters in Vienna, Austria (Photo: Joe Klamar)AFP via Getty Images Leading ministers from the Organization of Petroleum Exporting Countries or “OPEC” said the world needs more oil to meet its growing energy footprint, at...