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Economy
Steven Sahiounie, journalist and political commentator The Syrian Petroleum Company (SPC) has announced a comprehensive, phased plan to significantly increase oil and gas production,…
Saudi Aramco has discovered “two unconventional oil fields, a reservoir of light Arabian oil, two natural gas fields, and two natural gas reservoirs”: energy minister
RIYADH: Saudi Arabia’s sovereign wealth fund has reported strong financial results for 2023, achieving revenues of SR331 billion ($88.3 billion) from its diverse investment portfolio, marking over 100% percent growth from 2022.
RIYADH: Loans by Saudi Arabia’s banking sector increased to SR2.72 trillion ($726.44 billion) in May, marking an annual 11.14 percent rise, official data showed.
EU companies are signing investment deals potentially worth more than 40 billion euros ($42.85 billion) with Egypt, European Commission President Ursula von der Leyen told an investment conference that opened on Saturday.
India’s opposition Congress urged Prime Minister Narendra Modi’s government on Saturday to question Foxconn about its hiring practices
A limited fire broke out in a storage area belonging to Kuwait’s al-Zour refinery, but production was not affected, state-owned Kuwait Integrated Petroleum Industries Company (KIPIC) said on Saturday.
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