Saudi Arabia ’s cabinet approved the National Transformation Program (NTP) that outlines bold reform measures to transform its economy and make it less reliant on oil. The NTP is a blueprint of the key reforms...
The Kuffar (unbelievers) had unearthed these statues and ruins in recent generations and attempted to portray them as part of a cultural heritage and identity that the Muslims of Iraq should embrace and be proud...
Tehran will not participate in an output cap agreement to stabilize oil prices, said Iran’s oil minister. Analysts warned that OPEC’s failure to strike a deal could have a severe impact on oil markets. Qatar’s...
Since mid-January, crude oil prices on the international market have increased markedly. Just three weeks ago, a barrel of the benchmark North Sea Brent oil was going for less than $29. Now the price has...
In a bid to shore up the Middle East nation’s finances battered by the global slump in crude prices, Saudi King Salman has pledged to diversify the country’s economy and veer off its heavy dependence...
Solving the Arab Food Security Rider By 2020 the Gulf Co-operation Council (GCC) countries would have to feed 50 million more stomachs and spend over $53 bn on the food import bill, according to an...
The GCC is just like another family. Mother Saudi Arabia has raised five kids: Oman (1951), Kuwait (1961) and triplets Bahrain, UAE and Qatar (1971), and things have run smoothly for the last 33 years....
West Asia, which includes the Gulf Co-operation Council (Saudi Arabia, UAE, Kuwait, Oman, Qatar, and Bahrain) and other key regional players like Iraq and Iran is undergoing unprecedented changes. The international press has been very...
Ukraine is dependent on Russian gas – but not as much as it used to be. For years the US State Department has pushed the country toward energy independence. Congress aims to speed things up....
COMMODITIES : Price divergence between the world’s top oil benchmarks creating a wreaking havoc among energy investor, Traders and Hedgers. Divergence between Western Texas Intermediate oil (WTI Crude) increasing from top global oil references Brent Crude....
