Al-Falih: KSA ‘always reacts’ to oil supply and demand
Al-Falih: KSA ‘always reacts’ to oil supply and demand
Riyadh - Arab Today
Minister of Energy, Industry and Mineral Resources Khalid Al-Falih said on Sunday the Kingdom always reacts to oil market supply and demand and it would continue to monitor crude markets for any developments.
Al-Falih also said that final agreements with foreign investors taking part in state oil giant Saudi Aramco's huge ship repair and shipbuilding complex that it is developing at Ras Al-Khair would be signed "over the next few weeks and months".
The complex, on the Kingdom's east coast, is due to be fully operational by 2021. Lamprell, Aramco, National Shipping Company of Saudi Arabia (Bahri) and Hyundai Heavy Industries signed a potential partnership agreement relating to the yard earlier this year.
Al-Falih added that the world's largest oil exporter should own the largest oil shipping company, with a fleet that matches the kingdom's oil reserves and sales.
Source: Arab News
- Wednesday ,23 November GMT 15:29 2016 Transparent, competitive regulations can help boost Saudi mining ventures
- Monday ,24 October GMT 14:08 2016 GCC and Russia ministers discuss ways to ensure oil market stability
- Monday ,10 October GMT 22:49 2016 Al-Falih: Vision 2030 will lead to stronger and more robust Saudi Arabia
GMT 14:44 2016 Monday ,12 December
Kingdom hits new oil output record in NovemberGMT 15:29 2016 Wednesday ,23 November
Transparent, competitive regulations can help boost Saudi mining venturesGMT 14:43 2016 Tuesday ,15 November
Oil trades near 3-month lowsGMT 14:08 2016 Monday ,24 October
GCC and Russia ministers discuss ways to ensure oil market stabilityGMT 22:49 2016 Monday ,10 October
Al-Falih: Vision 2030 will lead to stronger and more robust Saudi Arabia
In The Swiss Alps
Five things to know about Davos
Davos - Muslimchronicle
With the World Economic Forum kicking off in earnest on Tuesday, AFP presents a guide to the week-long event in the Swiss Alps. - WHAT IS ‘DAVOS‘? - Davos is shorthand forfighting hate speech
Instagram, Google+ join EU group
Brussels - Muslimchronicle
Facebook's Instagram and the Google+ social network have agreed to join an EU-sponsored group of US internet giants to combat online extremism, EU officials said Friday. EU officials added that
At Sports Court
Russians challenge doping ban
Geneva - Muslimchronicle
Dozens of Russian athletes banned by the International Olympic Committee for life over doping began an appeal against their suspension on Monday at the world's top sports court. The week-long hearing at the Court of Arbitration for Sport (CAS) includesIn New Aid For War-Torn Yemen
Saudi-led coalition announces $1.5bn
Sanaa - Muslimchronicle
The Saudi-led coalition fighting in Yemen has pledged $1.5bn (£1.1bn) in new humanitarian aid for the country. It will also increase the capacities of Yemeni ports to receive aid and cargo shipments, and set up 17 "safe-passage corridors" for humanitarian groups. ThreeParis show pays homage
To 'eternal style' of late Alaia
Paris - Muslimchronicle
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led his
GMT 06:31 2017 Monday ,04 December
India declare amid stoppage calls in pollution-hit Test
GMT 11:59 2017 Tuesday ,05 December
Separatists may lose absolute majority in Catalonia
GMT 07:13 2017 Wednesday ,27 September
Iraq PM, Kurdish chief in war of words over independence vote
GMT 00:56 2016 Tuesday ,22 November
Live ammunition naval exercise announced
GMT 19:46 2016 Sunday ,18 September
Honda Civic Hatchback debuts at Paris Show
GMT 10:25 2017 Sunday ,05 March
Brazil's construction giant pays Colombia's FARC protection money
GMT 12:32 2011 Saturday ,18 June
Popemobile \'to become green machine\'
GMT 16:48 2016 Thursday ,20 October
EU court: Websites free to store IP addresses to prevent cyberattacksGMT 07:02 2011 Wednesday ,25 May
Sony Ericsson\'s Canada site hackedGMT 09:14 2011 Friday ,27 May
China sets up military cyber-warfare team
GMT 15:59 2014 Saturday ,09 August
Could your brain be reprogrammed to work better?GMT 16:44 2011 Sunday ,26 June
Israel warns press: Stay off flotillaGMT 19:46 2011 Monday ,26 December
The Pursued
GMT 22:03 2017 Monday ,13 March
UNESCO Director-General Hails Qatar's Efforts
GMT 01:41 2014 Thursday ,20 March
Crowe and \'Noah\' filmmakers attend papal audience
GMT 13:41 2017 Saturday ,25 February
Al-Damlogy calls Paris for reopen UNESCO office in Iraq
GMT 12:35 2014 Wednesday ,24 September
Microsoft to launch Xbox One in China in days
GMT 07:10 2014 Thursday ,02 October
John Landis to re-release Michael Jackson's 'Thriller' video in 3D
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©
