Read the latest news from regional and global sources, presenting different voices and perspectives.

Saudi FM in Moscow urges permanent ceasefire in Gaza
Saudi Foreign Minister Prince Faisal bin Farhan said on Friday that reaching a permanent ceasefire in Gaza is the top priority, during a joint press conference with Russian Foreign Minister Sergey Lavrov in Moscow. Prince Faisal is on an official...

‘The Destination’ Documentary Explores Recent Developments Across Saudi Arabia
The Saudi Ministry of Media’s Konoz initiative has launched “The Destination” documentary film exploring recent developments across Saudi Arabia’s political, economic, medical, sports, cultural, media, and artistic fields while highlighting...

OPEC Approves 548,000 Bpd Oil Output Boost for Eight Members, Excludes Nigeria
The Organisation of Petroleum Exporting Countries and its allies (OPEC) on Saturday gave the go-ahead to eight of its members and allies, excluding Nigeria, to pump an additional 548,000 barrels per day starting in August. The increase, which is...

Aircraft Interiors industry development summary: May/Jun-2025 - A320 Family business class insight
This regular CAPA - Centre for Aviation report provides a summary of major developments in the aircraft interiors sector, supported by data from the CAPA Aircraft Interiors Database and CAPA News. This edition covers May-2025 and Jun-2025 and...

Nigeria Missing as OPEC Agrees to Pump 548,000 Bpd Additional Crude Oil in August
Emmanuel Addeh in Abuja The Organisation of Petroleum Exporting Countries and its allies (OPEC) yesterday gave the go-ahead to eight of its members and allies, excluding Nigeria, to pump an additional 548,000 barrels per day starting in August....

Nigeria Left Out As OPEC+ Approves 548,000 bpd Production Increase For August
Nigeria has been excluded from the list of Organisation of Petroleum Exporting Countries and its allies (OPEC+) members permitted to increase oil production in August 2025. This was the outcome of a virtual meeting held on Friday by eight key...

Saudi Arabia and UAE Non-Oil Private Sectors Thrive Despite The Volatile Middle East Geopolitics
July 5, 2025 | Dubai, UAE – UAE non-oil private sector continues to perform and display growth, although that growth has remained steady but modest, mainly impacted by the unprecedented Middle East geopolitics in 2025. The 12-day Iran-Israel war...
OPEC+ announces quicker-paced oil output increase
VIENNA, July 5 (Xinhua) -- OPEC and its allies, collectively known as OPEC+, announced the decision on Saturday to increase oil output by 548,000 barrels per day (bpd) in August, a faster move compared with July. In July, the OPEC+ countries saw...

Saudi Arabia, OPEC+ members move toward output hike at meeting
Saudi Arabia, Russia and six other key members of the OPEC+ alliance will discuss crude oil production on Saturday, with analysts expecting the latest in a series of output hikes for August. The wider OPEC+ group - comprising the 12-nation...

Indonesia, Saudi Arabia ink $27b deals in energy, mineral sectors
ndonesia and Saudi Arabia have sealed US$27 billion in private sector deals across various fields, including clean energy, petrochemicals and aviation fuel services. The agreements were signed on Wednesday at Al-Salam Palace in Jeddah, where...
Oil Prices Lower on a Report US-Iran Nuclear Talks Will Restart
Oil tanker in open sea by StockStudio via Shutterstock August WTI crude oil (CLQ25) on Thursday closed down -0.45 (-0.67%), and August RBOB gasoline (RBQ25) closed down -0.0043 (-0.20%). Oil prices on Thursday fell after Axios reported that the US...

OPEC+ to boost oil output by 548,000 bpd starting August
2025-07-05T17:49:57+00:00 font Enable Reading Mode A- A A+ Shafaq News – Vienna OPEC announced on Saturday that eight key oil producers will accelerate the lifting of voluntary production curbs, agreeing to boost output by 548,000 barrels per day...

Opec plus to raise production by 548,000 bpd in August
Opec+ agreed yesterday to raise production by 548,000 barrels per day in August, further accelerating output increases at its first meeting since oil prices jumped – and then retreated – following Israeli and US attacks on Iran. The group, which...

Aramco considers power asset sale to raise $4bn
Saudi Arabian oil company Aramco is considering the sale of up to five gas-fired power plants in a move that could potentially generate $4bn in revenue. The initiative forms part of a broader strategy aimed at freeing up capital and enhancing...
Oil Prices Lower on Report US-Iran Nuclear Talks Will Restart
Oil barrels stacked on each other by Kalulu via iStock August WTI crude oil (CLQ25) today are down -0.69 (-1.02%), and August RBOB gasoline (RBQ25) is down -0.0146 (-0.69%). Oil prices are trading lower after Axios reported that the US plans to...

SAMA announces launch of new e-commerce payments interface
Saudi Gazette report RIYADH — Saudi Central Bank (SAMA) has announced the launch of a new e-commerce payments interface, which enables e-commerce service providers to rely on national infrastructure and integrate the mada payment system with...

OPEC+ to ramp up oil output even higher in August with eye on market share
Saudi Arabia, Russia and six other key members of the OPEC+ alliance on Saturday said they would further increase oil output in August to 548,000 barrels per day. Analysts had expected the alliance to decide on another output increase of 411,000...

Oman, Saudi fast-track industrial integration
RIYADH: The second phase of industrial integration initiatives between Oman and Saudi Arabia (KSA) was launched in Al Riyadh as part of the work of the Economy, Trade, and Industry Committee of the Omani-Saudi Coordination Council, on Saturday....

OPEC+ to boost oil production by 548,000 barrels per day in August
NEW YORK (AP) — Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices this year. The group that includes Saudi Arabia and...

Oman and Saudi Arabia launch second phase of industrial integration
RIYADH: The second phase of industrial integration initiatives between Oman and Saudi Arabia (KSA) was launched in Al Riyadh as part of the work of the Economy, Trade, and Industry Committee of the Omani-Saudi Coordination Council, on Saturday....