Saudi Stock Exchange Slumps Following Oil Facility Attacks
Saudi shares slumped at the start of trading Sunday, the first session after drone attacks on two major oil facilities knocked out more than half the OPEC kingpin’s production.
The Tadawul All-Shares Index, which tracks the Arab world’s...
FG Wants S/Arabia To Invest In Refineries
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has said the Federal Government is asking Saudi Aramco for some investment into the nation’s refineries.
Kachikwu stated this on Wednesday while speaking with ‘Bloomberg Daybreak: Americas’ on the...
Borno, Yobe IDPs Gets Food Donations From Saudi
The Kingdom of Saudi Arabia, through the King Salman Humanitarian Aid and Relief Centre, has donated 140,468 bags of food items to displaced victims of Boko Haram in Borno and Yobe states.
In his remarks at flag-off of...
Oil: OPEC Production Climbs As Saudi Arabia Pumps More
Crude oil production from the Organisation of Petroleum Exporting Countries increased last month as Saudi Arabia pumped near-record volumes to make good on a pledge to consumers that demand would be met.
The kingdom’s oil production grew...
U.S. Sorghum Ship Bound for China Heads for Saudi Arabia
A ship carrying 69,842 tonnes of sorghum from the United States bound for China has switched its destination to Dammam, Saudi Arabia.
The BTG EIGER departed with U.S. sorghum from Archer Daniels Midland Co’s Corpus Christi...
Nigeria Loses N25b To Saudi Airline In Hajj Airlift Quota
Saudi Arabian airline, Flynas, will earn about N25 billion off the Nigerian air travel market in this year’s Hajj airlifting.
The disclosure followed a controversial 50 per cent quota approved recently by the National Hajj Commission...
