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RIYADH, Saudi Arabia (AFP) — Saudi Arabia’s ageing King Salman has been admitted to hospital for unspecified tests, state media reported Sunday. The kingdom has generally sought to quell speculation over the health of the 86-year-old monarch, who has ruled the top oil exporter and the Arab world’s biggest economy since 2015. He entered King Faisal Specialist Hospital in the coastal city of Jeddah on Saturday “to conduct some medical examinations”, according to an […]
NEW YORK, United States (AFP) — Oil prices soared Monday as a weekend attack on Saudi facilities and discussions among European Union members over banning Russian crude raised concerns about global supplies. Top producer Saudi Arabia warned that Yemeni rebel attacks on the kingdom’s oil facilities pose a “direct threat” to global supplies, while Baltic states indicated they would favor an embargo of Russian crude in retaliation for its invasion of Ukraine. The comments propelled […]
by Haitham EL-TABEI Agence France Presse RIYADH, Saudi Arabia (AFP) — Energy giant Saudi Aramco said Sunday its 2021 net profit soared by more than 120 percent, due to higher crude prices, as global economic growth recovered from a pandemic induced downturn. The announcement came hours after Yemen’s Huthi rebels — against whom Saudi Arabia leads a military coalition — targeted several locations, including Aramco facilities, in cross-border armed drone attacks. Aramco, Saudi Arabia’s […]
ABU DHABI, United Emirates (AFP) – British Prime Minister Boris Johnson was to lobby Saudi Arabia and the United Arab Emirates to pump more oil to calm turbulent markets as he meets the Gulf states’ leadership on Wednesday. Johnson arrived in Abu Dhabi for talks with Crown Prince Mohammed bin Zayed and was due to fly to Riyadh later as the West seeks to end its dependency on Russian oil following the invasion of Ukraine. […]
RIYADH, Saudi Arabia (AFP) — A drone attack on an oil refinery in the Saudi capital caused a small fire but no disruption to supplies, officials said Friday, as crude prices soar after Russia’s invasion of Ukraine. The act of “sabotage and terrorism” follows a series of similar attacks on Saudi facilities by Yemen’s Iran-backed Huthi rebels, who are fighting a Saudi-led coalition. The attack took place in the early hours of Thursday morning. “The […]
RIYADH, Saudi Arabia (AFP) — Saudi energy giant Aramco’s shares rose to a record high on Wednesday amid a surge in global oil prices following Russia’s invasion of Ukraine. Aramco’s stock was trading at 42.9 Saudi riyals ($11.4) in Riyadh, according to the Saudi Tadawul market website. The Gulf kingdom — the world’s top crude exporter — has remained the firm’s majority shareholder since a December 11, 2019 listing. © Agence France-Presse
Russia’s assault on Ukraine is reverberating in the energy-rich Gulf, where top oil and gas producers face economic and political dilemmas in easing sky-high prices and alleviating shortages in Europe. As oil prices broke past $100 per barrel and risks of supply disruptions grew, eyes in Europe were increasingly focusing on oil kingpin Saudi Arabia, and Qatar, one of the biggest natural gas exporters. And the calculations in Riyadh and Doha are much more nuanced […]
(Eagle News) — One Filipino was hurt in the intercepted drone attack on Abha airport in Saudi Arabia on Thursday, Feb. 10, the Philippine Embassy in Riyadh said. According to the embassy, so far, the Filipino, whom it did not identify, was being treated in a hospital with the support of his employer. He is in stable condition, the embassy said. The embassy said the Philippine Consulate General in Jeddah has been in touch with […]
by Haitham El-Tabei Agence France-Presse JIZAN, Saudi Arabia (AFP) – For Farah al-Malki, growing coffee plants in Saudi Arabia’s southwestern region of Jizan is more than just a profession. It is a family tradition passed down from generation to generation. The 90-year-old patriarch has a long history with coffee, which spread from Ethiopia to Yemen and then to the rest of the Middle East around the 15th century. “My father inherited it from his grandfathers, […]
RIYADH, Saudi Arabia (AFP) – Saudi Arabia has said it filled and fortified thousands of abandoned wells across the country, after the tragic death of a boy in Morocco following failed rescue efforts. Five-year-old Rayan, who spent five days trapped down a well, was laid to rest on Monday in his village of Ighrane in Morocco’s Rif mountains. Following last week’s tragic incident, Saudi Arabia’s ministry of environment, water and agriculture said on Sunday: “To […]
UNITED NATIONS (AFP) — UN Secretary-General Antonio Guterres condemned Friday the airstrikes by the Saudi-led coalition on Yemen that left at least 70 dead at a prison and disrupted telecommunications. Guterres assailed the attack on the prison in Huthi territory in Saada and the strike on a telecommunications facility that killed at least three children in the port city of Hodeida, according to an aid group. That attack, Guterres said, knocked out “vital” internet services […]
SAADA, Yemen (AFP) — At least 70 people were killed in an air strike on a prison as Yemen’s long-running conflict suffered a dramatic escalation Friday that drew condemnation from UN chief Antonio Guterres. The Huthi rebels released gruesome video footage showing bodies in the rubble and mangled corpses from the attack, which levelled buildings at the prison in their northern heartland of Saada. Further south in the port city of Hodeida, at least […]
