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Saudi Arabia edges out Russia in Chinese oil market as high prices dim Urals demand

Saudi Arabia edges out Russia in Chinese oil market as high prices dim Urals demand

  • Spread between Urals and Middle East benchmark is widest on record
  • India has also cut purchases of Russian oil
By Reuters ·
Saudi resilient as emerging markets shares hit 7-month lows on China rout

Saudi resilient as emerging markets shares hit 7-month lows on China rout

By Reuters - Arab News ·
Emerging market stocks hit 2021 low as Chinese shares plunge on crackdown

Emerging market stocks hit 2021 low as Chinese shares plunge on crackdown

By Reuters ·
Ericsson’s 5G march hits a wall in China, shares fall

Ericsson’s 5G march hits a wall in China, shares fall

By Reuters ·
China steps up climate fight with launch of emissions trading scheme

China steps up climate fight with launch of emissions trading scheme

By AFP ·
Takween subsidiary sale to facilitate US, China expansion — chairman

Takween subsidiary sale to facilitate US, China expansion — chairman

By Arab News ·
Foundation stone laid for $880m Chinese LED project in Saudi Arabia's Jubail

Foundation stone laid for $880m Chinese LED project in Saudi Arabia's Jubail

By Arab News ·
A supporter of Hong Kong's pro-democracy Apple Daily newspaper holds up a copy of the newspaper during a protest outside court in Hong Kong. (AFP)

HK’s Apple Daily to shut within days, says Jimmy Lai adviser

By Reuters ·
Mubadala to invest $100m in a Chinese on-demand trucking startup before IPO

Mubadala to invest $100m in a Chinese on-demand trucking startup before IPO

By Arab News - Reuters ·
Chinese state power company targets 10 percent stake in UAE’s TAQA

Chinese state power company targets 10 percent stake in UAE’s TAQA

By Arab News ·

Latest updates

UN warns hunger is expected to rise in 23 global hotspots
UN warns hunger is expected to rise in 23 global hotspots
Saudi Arabia’s diverse topography attracts stargazers amid summer vibes
Mountains typically offer stargazers clear skies in an environment free of clouds, light pollution and dust, and with its different terrains and huge size. (SPA)
How Islamic finance can help build a better future for all
Islamic finance products ‘aim to reduce the risk of asymmetric information and are contract-based, making them a natural fit for investors.’ (Shutterstock)
Twitter brings the Olympics to the platform with new features
Olympic symbol logo is seen near Japan New National Stadium for Olympic in Tokyo. (Shutterstock)
4IR can help KSA become a global hub for new drone technology
There were also key areas where 4IR technology could be used in the campaign against climate change. (SPA)

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