Read the latest news from regional and global sources, presenting different voices and perspectives.
Saudi Aramco considers power assets sale to raise billions
ETEnergyworld.com
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July 4, 2025
Saudi oil giant Aramco is looking to sell up to five gas-fired power plants, three sources with knowledge of the matter told Reuters, as part of a broader effort to free up funds that could generate tens of billions of dollars. The potential sale...
Saudi priority is permanent Gaza ceasefire, Foreign Minister says
The National News
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Saudi Arabia's priority is to reach a permanent ceasefire in Gaza, despite growing speculation about the kingdom establishing relations with Israel, Foreign Minister Prince Faisal bin Farhan said on Friday. Prince Faisal was asked about the future...
OPEC Approves 548,000 Bpd Oil Output Boost for Eight Members, Excludes Nigeria
Arise News
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July 6, 2025
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...
Saudi Arabia strengthens air connectivity with Serbia, Indonesia
The Peninsula
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July 4, 2025
Riyadh: The Kingdom of Saudi Arabia, represented by the General Authority of Civil Aviation (GACA), today signed an air transport services agreement with the Republic of Serbia, represented by its Ministry of Construction, Transport and...
Saudi Arabia Luxury Market Report 2025-2033: Luxury Cars Dominate Saudi Arabia's Expanding High-End Market
MENAFN
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July 4, 2025
(MENAFN- GlobeNewsWire - Nasdaq) Saudi Arabia's luxury market, valued at USD 10.1 Billion in 2024, is projected to hit USD 23.3 Billion by 2033, growing at a 9.7% CAGR. E-commerce, rising disposable incomes, and luxury tourism boost the market....
Aircraft Interiors industry development summary: May/Jun-2025 - A320 Family business class insight
Routes
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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 Left Out As OPEC+ Approves 548,000 bpd Production Increase For August
New Telegraph
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July 5, 2025
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 is likely to award Jazan city sewage project in Q3
Zawya
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Saudi Arabia’s National Water Company (NWC) is expected to award the construction contract for Sewage Networks for the neighborhoods of Jazan City project in the third quarter of 2025. The construction tender was released on 20 April 2025 and...
Maxar Nabs $205M in International Contracts for Defense and Intel Capabilities
Via Satellite
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July 8, 2025
Maxar 30 cm-class image of Mecca, Saudi Arabia, collected on June 6, 2025. Photo: Maxar Technologies Maxar Intelligence on Tuesday said it received $204.7 million in new multi-year contracts from three existing customers in the Middle East and...
Nigeria Missing as OPEC Agrees to Pump 548,000 Bpd Additional Crude Oil in August
This Day
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July 6, 2025
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....
Saudi FM in Moscow: Gaza ceasefire is top priority
Saudi Gazette
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July 4, 2025
Saudi Gazette report MOSCOW — Saudi Arabia’s Minister of Foreign Affairs Prince Faisal bin Farhan stressed Friday that the top priority now is to reach a permanent ceasefire in Gaza, as he addressed a joint press conference with his Russian...
OPEC+ announces quicker-paced oil output increase
Xinhua News Agency
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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...
Oil Prices Dip on Expectations of Another OPEC+ Production Hike
Oil Price
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July 4, 2025
On a relatively quiet trading day for oil markets, as the U.S. celebrates Independence Day, oil prices have been dragged lower on expectations of further output hikes from OPEC+. Friday, July 4th, 2025 Trading activity was thin towards the end of...
Saudi Aramco Could Raise $4 Billion From Power Plant Sales
Oil Price
·
July 4, 2025
Under pressure to increase payouts to Saudi Arabia, the Kingdom’s state oil giant Aramco is considering selling up to five gas-fired power plants in deals that could raise some $4 billion, sources familiar with the plans told Reuters on Friday....
Donald Trump wants Gaza ceasefire to automatically extend
The National News
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US President Donald Trump wants the proposed ceasefire between Hamas and Israel in Gaza to lead to a permanent end to the war, with the two-month timeline at the core of the deal automatically extending. That desire was relayed during a meeting...
Saudi Arabia, Indonesia sign several deals worth $27 billion
The New Arab
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July 4, 2025
Saudi Arabia's ACWA Power signed initial agreements with sovereign wealth fund Danantara Indonesia [Piotr Swat/SOPA Images/LightRocket via Getty Images] Saudi Arabia and Indonesia signed several deals and memorandums of understanding worth around...
Saudi Arabia's NWC set to award key water and sewage infrastructure contracts by Q3 2025
Smart Water Magazine
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July 4, 2025
Saudi Arabia’s National Water Company (NWC) is anticipated to award construction contracts for three major water and sewage infrastructure projects by the end of the third quarter of 2025, according to Zawya. The projects, located in Makkah,...
OPEC+ to boost oil output by 548,000 bpd starting August
Shafaq News
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July 5, 2025
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...
Saudi Arabia, Indonesia Sign Rp437 Trillion Deal During Prabowo's Visit
Tempo.co
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July 4, 2025
TEMPO.CO, Jakarta - President Prabowo Subianto’s visit to Saudi Arabia produced a range of strategic agreements aimed at deepening bilateral cooperation. In a joint statement, Prabowo and Saudi Crown Prince and Prime Minister Mohammed bin Salman...
Saudi Arabia sees fastest employment rise in non-oil sector since 2011
ETHRWorld EMEA
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July 4, 2025
Saudi Arabia’s non-oil private sector reported its fastest rate of job creation in over a decade in June 2025, as rising domestic demand and increased new orders pushed businesses to scale up their workforce rapidly, according to Riyad Bank’s...