Edition:
International

Maher Chmaytelli

Saudi Arabia slashes crude prices to Asia; U.S., Europe prices steady

Sep 06 2021

DUBAI/SINGAPORE Saudi Arabia, the world's top oil exporter, slashed prices of all crude grades to Asian customers in October versus September, but left prices to northwestern Europe and the United States steady.

Saudi Arabia cuts Q1 deficit, reaping benefits of fiscal measures

May 04 2021

DUBAI Saudi Arabia reduced its budget deficit to 7.4 billion riyals ($1.97 billion) in the first quarter of the year, the finance ministry said on Tuesday, as the government reaps the benefits of consolidation measures introduced last year.

Washington denies Iran state media report saying prisoner swap agreed

May 02 2021

DUBAI (Reuters) -The United States on Sunday denied a report by Iran's state television that the arch-foes had reached a prisoner swap deal in exchange for the release of $7 billion frozen Iranian oil funds under U.S. sanctions in other countries. | Video

Turkey, Russia, Qatar to push for political resolution in Syria

Mar 11 2021

DUBAI/ANKARA/MOSCOW Turkey, Russia and Qatar are making a joint attempt to promote a political solution to Syria's 10-year conflict, Turkish Foreign Minister Mevlut Cavusoglu said on Thursday.

UAE scraps Israel boycott in new step towards normal ties

Aug 29 2020

DUBAI The president of the United Arab Emirates scrapped an economic boycott against Israel, allowing trade and financial agreements between the countries in another key step towards normal ties, the UAE's state news agency reported on Saturday.

UPDATE 2-World must not play politics with Lebanon's pain, Iran says

Aug 14 2020

* Seismic blast killed at least 170, wrecked swathes of Beirut (Adds fresh Zarif comments)

Lebanon alone must decide its own future, says Iran foreign minister

Aug 14 2020

* Seismic blast killed at least 170, wrecked swathes of Beirut

Lebanese MPs meet for first time since blast, US envoy due in Beirut

Aug 13 2020

BEIRUT, Aug 13 Lebanese security forces deployed heavily in Beirut on Thursday, stopping protesters from reaching a conference centre where MPs began meeting for the first time since the catastrophic chemicals explosion last week that killed 172 people.

Saudi Arabia announces emergency stimulus, expects wider deficit

Mar 20 2020

RIYADH/DUBAI Saudi Arabia announced emergency stimulus measures on Friday that took its support for the economy to more than $32 billion (27.14 billion pounds) as it tackles the coronavirus outbreak and lower oil prices, and said it is looking to borrow more to finance a widening deficit.

UPDATE 2-Saudi Arabia announces emergency stimulus, expects wider deficit

Mar 20 2020

* Riyadh has run a deficit since oil prices fell in 2014 (Adds details)

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