Dubai: The International Monetary Fund (IMF) has warned that the debt burden on Arab countries is increasing. Christine Lagarde, the Managing Director and Chairwoman of the IMF, issued this warning in an economic conference held in Dubai, cautioning the Arab countries that import and export crude oil. Christine Lagarde also pointed out that the Arab […]
Read More »
Khartoum: Strong anti-government protests are being held in the oil-rich country of Sudan in Eastern Africa and 40 people have been reported killed during the protests. This agitation which had begun to protest the increasing prices of bread and fuel has started rocking the Omar Bashir regime in Sudan. The local sources claimed that Saudi […]
Read More »
New York: ‘If the United States imposes fresh sanctions against Iran, it will have a severe effect on the crude oil prices in the international markets. This will also add to the woes of the United States’ allies in the Gulf,’ sternly warned e Iranian Deputy Foreign Minister, Abbas Araghchi. International analysts had already warned […]
Read More »
Virginia: ‘Saudi Arabia, Japan and South Korea are highly prosperous countries. In spite of this, why is the United States providing financial aid to their militaries? These countries must pay for this help. But the problem is that no one has asked them about it so far,’ US President Donald Trump questioned the defence assistance […]
Read More »
Caracas: The United Nations has expressed fear that the condition in Venezuela, where a large number of citizens are fleeing the country because of the political and economic crisis, is similar to the immigrant crisis of Europe back in 2015. More than a million immigrants had entered Europe after the German Chancellor Angela Merkel opened […]
Read More »
Moscow: Iran had threatened to stop all of the oil movement, through the Strait of Hormuz if the United States attempted to stop the Iranian exports through sanctions. But Iran’s decision to close this marine route important for oil movement, is being bitterly opposed by the Arab League, announced the Ambassador of the Arab League […]
Read More »
Washington: Iran had threatened that it will not allow oil from any country to pass through the Hormuz Strait, if its own oil exports were blocked. The repercussions of this threat are being felt all over the world. Some have expressed fears that if Iran really blocks the Hormuz Strait, the oil prices will rise […]
Read More »Washington: Saudi Crown Prince Mohammed Bin Salman who is on a visit to the United States since last week has signed 46 agreements worth $400 billion. These include an agreement for $128 billion related to the Saudi’s defence sector. It is claimed that under this agreement the United States will supply fighter jets, helicopters, missiles […]
Read More »
Moscow: This is Russian President Vladimir Putin’s second visit to Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman in the past eight months. Even though the primarily aim of the meet held at the Russian capital, Moscow was fuel sector cooperation and a crucial agreement, it also shows signs of attempts to improve bilateral ties […]
Read More »
Riyadh/Kuala Lumpur: Last year Saudi Arabia had announced an ambitious economic reforms plan to overcome the financial losses it faced due to the slide in crude oil prices in the global market. To attract investments for this plan, Saudi Arabia’s ‘King Salman bin Abdulaziz Al Saud’ has decided on a tour of Asian countries. The […]
Read More »
