Saudi and the UAE want the US to make policy concessions before they boost output to reduce global oil prices, analyst Greg Priddy says

Signing of deal seen as new step in restoration of bilateral ties after relationship turned sour 30 years ago

The failure of efforts to restore the pact could carry the risk of a regional war, or lead to more harsh Western sanctions on Iran, analysts say

Kuwait signed a deal with Saudi Arabia to develop the Durra field, which is expected to produce 1 billion standard cubic feet per day of gas and 84,000 barrels per day of condensates

The company will be the exclusive cryptocurrency trading platform for the showpiece event in Qatar, which runs from November 21 to December 18

Arrivals of Saudi crude totalled 14.61 million tonnes in January-February, equivalent to 1.81 million barrels per day (bpd), down from 1.86 million bpd a year earlier, data showed

Coordinating Minister for Maritime Affairs and Investment Luhut Pandjaitan said Indonesia is turning to Saudi Arabia and the United Arab Emirates (UAE) to fill the funding gap

Tehran envoy Ali Chegeni said if both nations restart their rupee-rial trade, bilateral trade could surpass $30 billion

During the height of the pandemic, most GCC nations saw a mass exodus of expats as jobs dried up

Several jets flew overhead as Pakistan's prime minister, Imran Khan, welcomed the purchase, which was made for an undisclosed amount

After 32 years of strained relations, Saudia re-established a direct route to Thailand with the launch of a service from Jeddah via Riyadh on February 28

The multipurpose facility could make microchips, electric-vehicle components and other electronics like displays