Saudi Minister of Energy Prince Abdulaziz bin Salman al-Saud (Photo by KARIM SAHIB / AFP) (Photo by … [+] KARIM SAHIB/AFP via Getty Images) AFP via Getty Images President Joe Biden is going to S...
Tag: Saudi Arabia
The Healing Power Of High Gasoline Prices
US President Joe Biden, speaks during an arrival ceremony at Ben Gurion International Airport in Tel … [+] Aviv, Israel, on Wednesday, July 13, 2022. President Biden will seek to salvage relatio...
As Biden Prepares Saudi Trip, Its Oil Imports Dwindle To 8% This Year
The value of U.S. oil imports from the world was higher in May of this year than any other month of … [+] May since 2014, according to WorldCity analysis of U.S. Census Bureau data. But the Saud...
Saudi Arabia And Abu Dhabi Launch Ambitious Drives To Diversify Economies
Saudis working at a solar panel factory in Uyayna, north of Riyadh, on March 29, 2018 (Photo: FAYEZ … [+] NURELDINE/AFP via Getty Images) AFP via Getty Images Oil-rich Middle East governments ar...
Hydrogen Risks Being The Great Missed Opportunity Of The Energy Transition
20 June 2022, Brandenburg, Schönefeld: Franziska Giffey (M, SPD), Governing Mayor of Berlin, and … [+] Dietmar Woidke (r, SPD), Minister President of Brandenburg, stand in front of a model of a ...
As Gas Prices Soar, Biden’s Bended-Knee Tour Of OPEC Nations Continues
Russian President Vladimir Putin (L) shakes hands with Saudi Deputy Crown Prince Mohammed bin Salman … [+] during a meeting at the Kremlin in Moscow on May 30, 2017. / AFP PHOTO / POOL / Pavel G...
Funding Slowly Builds To Prevent Disastrous Red Sea Oil Spill In Yemen
Satellite image of the FSO Safer tanker moored off Ras Isa port, in Yemen, on June 17, 2020. Image … [+] (c) 2020 Maxar Technologies. DigitalGlobe/Getty Images Efforts to prevent a devastating o...
Biden—Amid Soaring Gas Prices—Wants ‘Reset’ Of Rocky Relationship With Saudis, Report Claims
Topline President Joe Biden hopes to entirely recalibrate relations between the U.S. and Saudi Arabia, CNN reported Friday, a major policy reversal for Biden—who said on the campaign trail he hoped to...
How Long Will The Era Of $5.00 Gasoline Last?
Gasoline $5.00 Sign getty A radio host asked me this week how long I thought the era of $5.00 gas at the pump would last. I replied that it would likely last as long as it takes for the price to rise ...
Lawmakers Investigating What Happened To Foreign Gifts Given To Trump Administration
Topline Democratic lawmakers have opened a probe into whether the Trump Administration properly tracked the gifts it received from foreign governments, following reports that Trump-era gift records ar...
AlUla In Saudi Arabia To House Notable Film Studio Boosting The Region’s Real Estate Sector
CANNES, FRANCE – MAY 21: Stephen Strachan, guest, Wayne Borg, Zeinab Abu Alsamh and Matt Rhodes … [+] attend the Film AlUla lunch during the 75th annual Cannes film festival at the America...
World’s Biggest Solar Plant To Decarbonize Aluminum Industry In Saudi Arabia
The Saudi Arabian Mining Company will buy industrial solar-generated steam from GlassPoint. GlassPoint Saudi Arabia will host the world’s biggest solar thermal plant. The facility will generate steam ...
Why Gasoline Prices Are Only Going Higher From Here
FILE – The gasoline price board is shown at a gas station in Menlo Park, Calif., March 21, 2022. A … [+] majority of Americans say they don’t blame President Joe Biden for high gasol...
Saudi fund in early talks to potentially buy Carnival’s ultra-luxury Seabourn brand
An aerial view of Seabourn Encore cruise ship docked at Bodrum Cruise Port on April 27, 2022, in Mugla, Turkey. Ali Balli | Anadolu Agency | Getty Images Carnival is in preliminary discussions to sell...
Lucid Group to build first factory outside the U.S. in Saudi Arabia
U.S. electric vehicle maker Lucid Group will set up its first overseas factory in Saudi Arabia, the company announced. Javier Blas | Bloomberg | Getty Images U.S. electric vehicle maker Lucid Group wi...
Saudi Arabia Reportedly Will Invest In Israel Through Jared Kushner’s Fund
Topline Affinity Partners, a new private-equity fund started by Jared Kushner, plans to invest money from Saudi Arabia’s sovereign wealth fund in Israeli businesses, the Wall Street Journal reported S...
Lucid (LCID) earnings Q1 2022
CEO Peter Rawlinson poses at the Lucid Motors plant in Casa Grande, Arizona, U.S. September 28, 2021. Caitlin O’Hara | Reuters Electric luxury vehicle maker Lucid Group said Thursday it now has ...
Saudi Central Bank Warns Official Entities on Forex Trading
Saudi official entities have been warned against the use of forex trading Forex Trading Forex trading is the buying and selling of foreign currencies with the aim of generating a profit. The value o...
Oil market heads for ‘biggest supply crisis in decades’ with Russia’s exports set to fall, IEA says
Three million barrels per day of Russian oil output is at risk beginning in April as sanctions hit and buyers shun the nation’s exports, the International Energy Agency said Wednesday. “Th...
A New Climate City In A Big Oil State – Saudi Arabia – Is It Future Or Fantasy.
A citizen walks along a waterfront oil refinery plant in Saudi Arabia. (Photo by Liaison) Getty Images Reading about this futuristic vision may provide a temporary respite from the calamities of war. ...
Saturday Odds, Race Day Bets, And Mandaloun’s Epic Try For The $10 Million Victory
Can He Make It A Twofer? David Egan riding Mishriff (IRE) wins The Saudi Cup at King Abdulaziz … [+] Racecourse on February 20, 2021 in Riyadh, Saudi Arabia. (Photo by Francois Nel/Getty Images)...
Winners, News And Notes As Brock Lesnar Wins WWE Title
WWE Elimination Chamber 2022 Results Credit: WWE Brock Lesnar won the WWE Championship at WWE Elimination Chamber, while Roman Reigns retained the WWE Universal Championship over Goldberg, setting up ...
Princess Basmah Released In Saudi Arabia After Almost Three Years In Custody
Saudi Princess Basmah Bint Saud Bin Abdulaziz speaking during a discussion on the role of women in … [+] the Middle East at the Middle East Institute in Washington, DC on April 12, 2017. Photo: ...
The Year Soccer Belonged To The Fans
LONDON, ENGLAND – APRIL 20: Chelsea Football Club fans celebrate outside the team’s Stamford Bridge … [+] stadium on April 20, 2021 in London, England, after it was announced that Ch...