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...It is also in talks to enter Saudi Arabia through a local partner....
...But in the past 18 months, Saudi Arabia has repeatedly cut production as part of Opec’s efforts to support prices amid slowing demand growth and increased output from the US and other producers....
...support prices....
...A UK spokesperson for the company said: “Elbit Systems UK, its subsidiaries and joint ventures, including UAV Engines Limited and U-Tacs, are not involved in the Hermes 450 programme.”...
...The waters of the Strait of Hormuz, near where the MSC Aries was seized, are the world’s most important route for oil tankers, carrying oil from Saudi Arabia and other Gulf producers to the wider world....
...So there should be limited downside in oil prices.”...
...Is this likely to be disruptive or orderly enough to preserve a balance that suits both Biden and Saudi Arabia’s Crown Prince Mohammed bin Salman?...
...Confiscating Russian assets would, for some, cross a line by suggesting to countries such as China or Saudi Arabia that sovereign assets stowed in euros or dollars might not always be safe....
...The US has asked China, Turkey, Saudi Arabia and others to urge Iran not to retaliate against Israel for its air strike on the Iranian consulate in Syria....
...When Yemen’s Houthi rebels attacked a ship carrying 21,000 tonnes of fertiliser from Saudi Arabia to Bulgaria last month, they had a simple justification: they said the Rubymar was a “British ship”....
...In Sudan’s civil war, which erupted in April, one side is backed by Egypt and Saudi Arabia, and the other is supported by UAE....
...Young Arabs have boycotted US brands, including Starbucks and McDonald's, over their alleged support of Israel, scrapped plans to study in the US and turned down jobs at US companies....
...The group’s international shareholders include Japan’s Mitsui, the South African Public Investment Corporation, which is the continent’s largest fund manager, and Saudi Arabia’s Sabic chemicals company....
...But as I outline below, so too is a massive scale-up of international climate finance. — Simon Mundy COP28 in brief: Saudi Arabia expressed unhappiness with the United Arab Emirates over the COP28 presidency...
...Most of the initial signatories were national oil companies, such as Saudi Aramco and Brazil’s Petrobras, which account for more than half of global production but typically face less pressure to decarbonise...
...The US and other countries including Saudi Arabia had pushed for more flexible UN standards for the carbon credit market, allowing the trade in credits to get off the ground sooner, according to people present...
...Saudi Arabia and China have also consistently blocked efforts to ditch oil and gas....
..., Saudi Arabia and the UAE....
...The sharp decline followed Saudi Arabia’s decision to cut its official selling price for oil exports in February....
...This included successive meetings with China’s climate envoy Xie Zhenhua and Saudi Arabia’s energy minister Prince Abdulaziz bin Salman, half-brother of Crown Prince Mohammed bin Salman, who led the resistance...
...Economic growth and development: Restructuring Argentina’s debt will require IMF support Market structures: Climate change and the prisoner’s dilemma Labour markets: The unions taking on the gig economy...
...Need to know: global economy Opec+ members led by Saudi Arabia and Russia extended cuts to oil production for another three months in a bid to boost prices....
...Japan and France announced their support for the AfDB’s access to “special drawing rights” — a sort of reserve currency handled by the IMF — to support climate-related investment in Africa....
...Arabia and the UAE....
...One Arab diplomat says oil-rich Gulf states, including Saudi Arabia, the United Arab Emirates and Qatar, could help finance Gaza’s postwar construction but adds: “They won’t invest unless they know what...
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