OPEC+ compromises on oil supply increase

OPEC+ compromises on oil supply increase

  • Members acknowledge the ‘extraordinary efforts’ of Saudi energy minister
By Frank Kane ·

Israeli defence minister calls on Palestinians to return to negotiations

Israeli defence minister calls on Palestinians to return to negotiations

  • Alternate Prime Minister welcomed the return of contact between the Palestinian Authority and Israel
  • He called on Palestinians to coordinate with Israel on the handling of the coronavirus pandemic
By Arab News ·

Saudi PIF seeks investment flexibility with $5 billion-plus loan

Saudi PIF seeks investment flexibility with $5 billion-plus loan

  • The loan finances are for use if and when the fund identifies investment opportunities 
  • PIF  is at the heart of the Kingdom’s strategy of economic diversification under its Vision 2030 reform plan
By Frank Kane ·

Saudi Arabia confirms 10 COVID-19 deaths, 234 new cases

Saudi Arabia confirms 10 COVID-19 deaths, 234 new cases

  • The Kingdom said 357 patients recovered in past 24 hours
  • The highest number of cases were recorded in Riyadh with 70
By Arab News ·

Arab coalition destroys Houthi drone

Arab coalition destroys Houthi drone

By Arab News ·

The UN's International Atomic Energy Agency said on December 2, 2020 Iran had begun operating advanced centrifuges at an underground section of its primary nuclear enrichment facility at Natanz. (AFP/File Photo)

Iran plans to install more advanced atomic centrifuges underground: IAEA

  • Iran’s nuclear deal with major powers says Tehran can only use first-generation IR-1 centrifuges, which are less efficient
By Reuters ·

Germany wants broader Iran nuclear deal

Germany wants broader Iran nuclear deal

  • Iran’s Foreign Minister Mohammad Javad Zarif has rejected talk of reopening the 2015 deal
By AFP ·

Postponed Tokyo Olympics to cost extra $2.4bn

Postponed Tokyo Olympics to cost extra $2.4bn

  • The extra costs come as officials work to build enthusiasm for the first Games postponed in peacetime,
  • Tokyo 2020 said an additional $1.5 billion would be needed for operational costs related to the delay
By AFP ·

Journalists recall torture in Houthi prisons

Journalists recall torture in Houthi prisons

  • They experienced psychological and physical torture at the hands of Houthis
By Arab News ·