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The two sides said that coordination is currently underway in the partitioned zone to increase oil production. (Shutterstock)

Saudi Arabia and Kuwait working on increasing oil production from Khafji and Wafra

  • Both sides praised close cooperation and successful efforts of OPEC+ group in enhancing stability of global oil market
By Arab News ·
Update Strategic initiatives led to Saudi retail pharmacy chain Nahdi posting $236m profit for 2022, says CEO video

Strategic initiatives led to Saudi retail pharmacy chain Nahdi posting $236m profit for 2022, says CEO

By Reina Takla ·
Update Moody’s updated its credit report for Saudi Arabia, affirming its "A1" rating for the Kingdom and revising the stable outlook

Moody’s revises Saudi Arabia’s outlook to ‘Positive’ and affirms ‘A1’ credit rating

By Arab News ·
Special Social Development Bank plans to support SMEs with $6bn financing over next 3 years  video

Social Development Bank plans to support SMEs with $6bn financing over next 3 years 

By Reina Takla - Nirmal Narayanan  ·
Special Visa partners with Monsha’at to support Saudi SMEs and female entrepreneurs  video

Visa partners with Monsha’at to support Saudi SMEs and female entrepreneurs 

By Reina Takla - Farida El-Gazzar  ·
Special Dar Global raring to go after listing on London Stock Exchange video

Dar Global raring to go after listing on London Stock Exchange

By Reina Takla ·
Special Agthia Group eyeing $1.63bn annual revenue by 2025 amid Saudi expansion: CEO video

Agthia Group eyeing $1.63bn annual revenue by 2025 amid Saudi expansion: CEO

By Reina Takla - Nirmal Narayanan ·
Special South Korean SMEs can use Saudi ties as global market launchpad: Minister Lee Young says at Biban 2023 video

South Korean SMEs can use Saudi ties as global market launchpad: Minister Lee Young says at Biban 2023

By Reina Takla - Farida El-Gazzar ·
Special Sellers in Saudi Arabia to have access to Amazon’s global market, reveals top executive at Biban 2023 video

Sellers in Saudi Arabia to have access to Amazon’s global market, reveals top executive at Biban 2023

By Reina Takla - Farida El-Gazzar ·
Princess Lamia Bint Majed Al-Saud, Secretary General at Alwaleed Philanthropies

Partnership with business ‘key’ to reaching sustainable economic future, forum told

By Arab News ·
Special Anthony Scaramucci remains firm in his conviction that 2023 will be the “year of recovery” for the cryptocurrency industry video

2023 will be the ‘year of recovery’ for cryptocurrency industry, says SkyBridge Capital founder Anthony Scaramucci

By Arab News ·
Jordan, US trade balance records $881m surplus in 2022   

Jordan, US trade balance records $881m surplus in 2022   

By Arab News ·
British Muslim women honored for achievements in business  video

British Muslim women honored for achievements in business 

By SARAH GLUBB ·

Opinion

Baria Alamuddin
Lebanon’s rulers set the clock ticking down to destruction
Author
Ramzy Baroud
‘Wiping out’ Palestinians is an old Israeli adage
Author
Dr. Majid Rafizadeh
Saudi-Iran deal opens the door to peace in Yemen
Author
Dalia Al-Aqidi
Trump’s antics effectively handing Biden a second term
Author
Yasar Yakis
Turkiye’s political parties make preelection concessions
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Latest updates

Closing bell: Saudi stocks close higher for third consecutive day
Closing bell: Saudi stocks close higher for third consecutive day
Ramadan meet, greet initiative launched for Makkah pilgrims, umrah visitors
Ramadan meet, greet initiative launched for Makkah pilgrims, umrah visitors
Qatar launches new derivatives exchange framework
Qatar launches new derivatives exchange framework
UAE In-Focus – Abu Dhabi’s Presight AI raises $496m in IPO  
UAE In-Focus – Abu Dhabi’s Presight AI raises $496m in IPO  
Saudi Electricity Co. plans capital expenditure increase to $9.3bn for 2023
Saudi Electricity Co. plans capital expenditure increase to $9.3bn for 2023

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