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Heavyweights Saudi Arabia and Russia, alongside several other key OPEC+ producers, will extend their voluntary crude supply cuts until the end of the second quarter.
Pakistani PM Shehbaz Sharif visited China, Saudi Arabia and the UAE recently searching for investments. But analysts say he first needs to fix things at home.
The path to a peace treaty between Israel and Saudi Arabia is fraught with prerequisites unrelated to Israel or peace.
Saudi Arabia is set to raise more than $11.2 billion from its secondary public share offering in state-controlled oil giant Aramco, after the stock was priced at the lower end of its expected range.
Saudi Arabia's state-controlled Aramco said it would sell some $11.5 billion worth of additional stock in an offering that begins Sunday, as Riyadh tackles pressure to raise funds for an array of wide-ranging projects aimed at diversifying its fossil fuel-based economy.
Saudi King Salman will undergo treatment at Al Salam Palace in Jeddah for a lung inflammation, the state news agency said on Sunday, hours after he underwent medical tests.
There is a long history of planned city building by both governments and the private sector from Brasilia to Islamabad.
Asset manager BlackRock will launch an investment platform in Riyadh with the help of a $5 billion anchor investment from Saudi Arabia's Public Investment Fund, the kingdom's sovereign wealth fund.
Pakistan seeks another long-term IMF programme to support its ailing economy but experts say the focus must be on reforms.