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Saudi Fund for Development inaugurated new infrastructure projects in Djibouti worth US$ 137 million
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Resort, hotels and plots of land up for grabs in the awaited Jewels of Madina public auction
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Australia-based Avass Group signs MoU with HRH Prince of Saudi Arabia to manufacture electric vehicles, lithium batteries

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Russia reports 16,550 new coronavirus cases in past 24 hours

MOSCOW: Russia recorded 16,550 new coronavirus cases on Tuesday, including 4,312 in Moscow, pushing the national tally to 1,547,774. Authorities said 320 people had died in the last 24 hours, raising the official death toll to 26,589.

Putin, Saudi Crown Prince agree on further coordination on oil output cuts

Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman agreed during a telephone call on further “close coordination" on oil output restrictions, the Kremlin said on Wednesday, just two weeks before an online oil

Saudi Arabia and Russia committed to achieving oil market stability

Saudi Arabia and Russia vowed in a joint statement on Wednesday their commitment to oil market stability. The statement was released following a phone call between Saudi Energy Minister Abdulaziz bin Salman and his Russian counterpart Alexander

Moscow to review virus lockdown passes over metro crowds

Moscow said Wednesday it will review a new electronic permit system to regulate its coronavirus lockdown after large crowds formed in metros as

Saudi Arabia, Russia and other OPEC+ countries agree on deal to cut oil output

Saudi Arabia and Russia have agreed to “historic” cuts in oil production in a bid to rebalance crude markets that are in crisis because

Russia To Begin Coronavirus Vaccine Trials On Humans In June

The head of a top Russian research centre told President Vladimir Putin on Tuesday that his lab was ready to start human trials of experimental

Oil falls after Saudi Arabia, Russia delay meeting

Oil costs plunged on Monday after talks between Saudi Arabia and Russia to cut yield were delayed, while a log jam in coronavirus passings and cases saw stocks hop. Brent unrefined fell as much as $4 medium-term after Saudi Arabia and

Russian Plane Takes Off For US With COVID-19 Medical Aid Onboard

A Russian military transport plane took off from an airfield outside Moscow early on Wednesday and headed for the United States with a load of medical equipment and masks to help Washington fight coronavirus, Russian state TV reported. President

Coronavirus: Saudi Arabia fishes in troubled waters

For a situation of war inside a war, Saudi Arabia cut its fare oil costs throughout the end of the week setting off a value war focusing on Russia with an eye hitting at Venezuela, Iran and the American oil organizations. This may sound

Saudi-Russia alliance under pressure at OPEC meeting, as coronavirus saps oil demand

The vitality coalition between Saudi Arabia and Russia will probably go under serious examination this week, as agents from a portion of the world's most remarkable oil-creating countries talk about how best to pad the effect of the coronavirus