Read the latest news from regional and global sources, presenting different voices and perspectives.
OPEC+ may accelerate oil output in Aug
The Manila Times
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July 5, 2025
LONDON — The Organization of the Petroleum Exporting Countries (OPEC+) may make an increase in oil output for August at its meeting on Saturday that is larger than the 411,000 barrels per day (bpd) hikes it made for May, June and July, three...
GOP mega-bill axes billions of dollars in clean-energy subsidies. It could help China. Republicans in Congress produced a surprise winner this week when they axed hundreds of billions of dollars in federal clean-energy subsidies. Read More »
Yahoo News
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Republicans in Congress produced a surprise winner this week when they axed hundreds of billions of dollars in federal clean-energy subsidies: China’s artificial intelligence industry. China is pouring money into energy production to support its...
Saudi Crown Charts Tourism Surge Ahead of 2034 Boom
Arabian Post
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July 5, 2025
Global tourism is projected to reach 30 billion trips by 2034 and contribute $16 trillion to world GDP, growing 1.5 times faster than the global economy, according to the World Economic Forum’s latest report. Amid this surge, Saudi Arabia is...
OPEC+ further accelerates oil output hike by 548,000 bpd in August
Saudi Gazette
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July 5, 2025
Saudi Gazette report RIYADH — Eight oil-producing nations of the OPEC+ alliance agreed on Saturday to increase their collective oil production by 548,000 barrels per day in August. The decision to further accelerate oil output hike was taken...
Saudi FM in Moscow urges permanent ceasefire in Gaza
Madhyamam
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July 5, 2025
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...
Mugging of 5 lakh Saudi Riyals: Five placed on remand, 1 sent to jail
The Business Standard
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July 5, 2025
A Dhaka court has placed five individuals on different terms of remand over their suspected link to mugging foreign currencies, including 5 lakh Saudi Riyals, in the capital's Tejgaon Industrial area. One suspect has been sent to jail. Dhaka...
Iraq’s oil exports to India drop 4% in early 2025
Shafaq News
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2025-07-05T15:44:22+00:00 font Enable Reading Mode A- A A+ Shafaq News - Baghdad/New Delhi Iraq’s crude oil shipments to India averaged 860,000 barrels per day (bpd) in the first half of 2025, down 4% from 900,000 bpd during the same period last...
OPEC+ speeds up oil output hikes in August
Nikkei Asia
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LONDON (Reuters) -- OPEC+ agreed on Saturday 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 U.S. attacks on...
Oman and Saudi Arabia launch Phase II of industrial integration
Times of Oman
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Riyadh: The second stage of the industrial integration initiatives between the Sultanate of Oman and the Kingdom of Saudi Arabia kicked off on Saturday within the activities of the Economy, Trade and Industry Committee of the Oman-Saudi...
Why GTA 5’s Saudi Arabia release signals a bigger worldwide launch for GTA 6
Sportskeeda
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July 5, 2025
While most in the Grand Theft Auto fanbase are awaiting GTA 6, those in Saudi Arabia are looking forward to the release of GTA 5, which came out originally in 2013 but has been banned in the country since 2018. Nevertheless, it has proven to be a...
The Video Game Industry in Saudi Arabia: Between Entertainment and Political Influence
Muwatin
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July 5, 2025
Under the Federation’s umbrella, numerous competitions and tournaments have been launched, including the Saudi Esports League, the School League, the Saudi University League, the Saudi Fighting Games League, and others. Approximately 30 companies...
Saudi Arabia and UAE Non-Oil Private Sectors Thrive Despite The Volatile Middle East Geopolitics
Times of Dubai
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July 5, 2025
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...
Business InsightsBrics leaders meet under pressure from tariffs, oil shocks and climate rifts
The National News
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When the leaders of the Brics group of developing countries gather on Sunday for their 17th annual summit, the backdrop is one of the most geopolitically volatile the bloc has faced in years, with trade tension, regional conflicts and energy...
OPEC+ increases oil production again
Portugal Pulse
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July 5, 2025
“The eight participating countries in the meeting will implement a production adjustment of 548,000 barrels per day in August 2025,” compared to July, surpassing the initially forecasted 411,000 by analysts, announced the Organization of the...
Training workshop held on marketing, production guidelines of halal products
Bangladesh Sangsbad Sangstha
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Training workshop held on marketing, production guidelines of halal products A training workshop on held at the boardroom of Bangladesh Chamber of Industries (BCI) today. Photo : BSS DHAKA, July 5, 2025 (BSS) - A training workshop on “Halal...
Government of Change & Construction: Strengthening service stability & consolidating internal security
Yemen News Agency SABA
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July 5, 2025
Government of Change & Construction: Strengthening service stability & consolidating internal security [Sat, 05 Jul 2025 16:06:20 +0300] Sana'a – Saba: The Government of Change and Construction, represented by its affiliated ministries,...
OPEC+ members agree to larger-than-expected oil production hike in August
CNBC
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July 5, 2025
The OPEC logo is displayed on a mobile phone screen in front of a computer screen displaying OPEC icons in Ankara, Turkey, on June 25, 2024. Anadolu | Anadolu | Getty Images Eight oil-producing nations of the OPEC+ alliance agreed on Saturday to...
Amman Chamber of Industry Exports Surpass 3 Billion Dinars in First Half of 2025
Jordan News
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July 5, 2025
Exports from the Amman Chamber of Industry exceeded the 3-billion-dinar mark during the first half of this year, driven by the high quality and competitiveness of its products in international markets.اضافة اعلان According to periodic statistical...
Top 5 countries with world’s biggest oil reserves – see who ranks first
DNA India
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These five countries hold the largest oil reserves in the world and play a key role in global energy and economy. Which countries have the most oil? Here’s the top 5 list Crude oil is one of the most important natural resources in the world. It...
Crude Oil Prices May Recover; Supply Side Sees Positive Signal, Signs Of Geopolitical Tensions Easing
Free Press Journal
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July 5, 2025
New Delhi:Crude oil prices may see a recovery in the near term as positive signals emerge from the supply side and geopolitical tensions show signs of easing, experts said on Saturday. While demand concerns continue to weigh on global sentiment,...