JEDDAH, Saudi Arabia (AA) – Saudi Crown Prince Mohamed bin Salman has said that the kingdom will seek to increase its oil production to 13 million barrels per day. Addressing an Arab-American summit in the Saudi city of Jeddah, bin Salman said the kingdom currently produces around 11 million barrels a day. “We have an […]
ISTANBUL (AA) – The presidents of Türkiye and France discussed the decisions taken to facilitate Ukrainian grain exports at four-way talks held in Istanbul, according to the Turkish Communications Directorate. In a phone call, Recep Tayyip Erdogan told his French counterpart Emmanuel Macron that during the Istanbul meeting it was agreed ...
RIYADH, Saudi Arabia (AA) – Saudi Arabia has said it will continue to bolster its partnerships with both the United States and China. “We build bridges with people; we don’t see one as exclusive of the other,” Minister of State for Foreign Affairs, Adel al-Jubeir, said in an interview with CNBC network on Saturday. “China [&h...
ANKARA (AA) – Members of the Gulf Cooperation Council (GCC) and the US announced Saturday that they would provide $11 billion to address regional and international food security challenges. The US welcomed the “decision by the Arab Coordination Group (ACG), which includes 10 Arab and national specialized financial developmental ins...
TRIPOLI, Libya (AA) – Head of Libya’s state-run National Oil Corporation (NOC) Mustafa Sanalla has rejected a decision by the Tripoli-based government to sack him. Sanalla said the mandate of Prime Minister Abdul Hamid Dbeibeh’s government has expired. In March, Libya’s Parliament appointed a new government headed by former Interior Minister F...
MOGADISHU, Somalia (AA) – Three UN agencies have said that more than 112,400 people had been displaced by drought in Somalia by June 22 — a 231% increase compared to May. The Banadir region, where the nation’s capital of Mogadishu is located, has received 60% of new arrivals. The UN said about 72% of movements […]
TRIPOLI, Libya (AA) – Libya’s National Oil Corporation (NOC) on Wednesday lifted force majeure on the terminals of Zueitina and Brega after almost four months of closure. In a statement, NOC said a tanker was allowed to carry condensate for use in power generation in Libya’s eastern region. Outgoing NOC chairman Mustafa Sanalla said negotiatio...
TRIPOLI, Libya (AA) – The Tripoli-based government of Prime Minister Abdul Hamid Dbeibeh has appointed a new chairman of Libya’s state oil company. “Farhat Omar Bengdara was appointed chairman of the National Oil Corporation (NOC), replacing Mustafa Sanalla,” Oil Ministry spokesman Ahmad Jumaa announced. He added that four new board members of...
ANKARA (AA) – Delegations from Türkiye and the United Arab Emirates (UAE) will gather at an investment workshop in Istanbul on Wednesday. Three ministers from the UAE, as well as senior officials of investment funds and companies will meet with public and private sector organizations, and business world representatives at the event. According ...
JERUSALEM (AA) – Israeli Finance Minister Avigdor Lieberman voiced hope Monday that a planned regional visit by US President Joe Biden this week will lead to a common market in the Middle East. Biden is scheduled to arrive in Israel on July 13 as part of a regional tour that also includes the West Bank […]
