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Saudi Arabia and Russia’s Ongoing Oil Production Cuts: Reasons Explained | TOME

Global price reaches nine-month high after decision is announced.

Durra Gas Field Owned by Saudi Arabia and Kuwait, Confirms GCC Ministers

RIYADH: Al-Durra gas field is exclusively owned by Saudi Arabia and Kuwait, and they alone have the right to its natural resources, Gulf ministers said on Thursday. The Gulf Cooperation Council foreign ministers gathering in Riyadh also rejected “any claims that any other party has rights in this field or the submerged area adjacent to the area divided by its designated borders between the Kingdom of Saudi Arabia and the State of Kuwait,” in a statement issued by the bloc.

Saudi Arabia’s E-sports Aims to Foster Popular Local Games

The kingdom is making investments and training new local talent as it aims to become a powerhouse in game development.

Saudi Arabia begins Ukraine talks without Russia

Some 40 countries will attend a meeting in Jeddah to discuss a set of common principles to end the war in Ukraine.

Saudi Arabia to Host Ukraine Peace Talks, Confirms Top Official

Ukrainian official says summit will discuss Kyiv's peace formula, which calls for departure of all Russian troops.

Erdogan’s Gulf Tour Begins with Saudi Arabia Visit

Turkish president will also visit Qatar and the United Arab Emirates as he seeks to boost foreign investment.

Saudi Arabia’s Loss-Making U.S. Investments: Buying Influence

Following Saudi Arabia’s purchase of the PGA Tour, a new Senate report revealed the dictatorship’s ballooning share of the American economy.

The post Saudi Arabia’s Huge U.S. Investments Lose Money — but Buy Influence appeared first on The Intercept.

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