02 Dhu al-Qi'dah 1445 - 10 May 2024
    
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Eye of Riyadh

Al-Falih: Only Russia undecided on OPEC deal extension
Environment & Energy | Tuesday 11 June, 2019 6:26 am
 Saudi Energy Minister Khalid Al-Falih said on Monday Russia was the only oil exporter undecided on extending an output deal between OPEC and its allies until the end of the year. Al-Falih, in Moscow for talks with counterpart Alexander Novak, said there was disagreement in Russia over...
ENOC announces retail expansion in line with Saudi Vision 2030
Environment & Energy | Tuesday 11 June, 2019 5:52 am
ENOC Group, a wholly-owned entity of Dubai government, has announced ambitious expansion plans for its retail operations in the Kingdom of Saudi Arabia. The Group’s retail arm will increase its service station network by more than eight fold by 2030 to reach 124 stations to meet the...
ENOC Group secures US$690 million term loan from a consortium of Chinese banks
Environment & Energy | Monday 10 June, 2019 3:08 pm
 ENOC Group has secured a five-year US$690 million term loan from a Chinese consortium of banks as China’s biggest financial institutions endorse the Group’s operational and financial health.   The term loan will finance general corporate purposes as ENOC continues to...
Oil rises as KSA signals OPEC deal extension
Environment & Energy | Saturday 8 June, 2019 6:16 pm
Oil prices rose on Friday, climbing further from five-month lows hit this week amid signs that OPEC and other producers could extend their output reduction deal. Brent crude futures were up 60 cents at $62.27 a barrel in afternoon trading. US West Texas Intermediate (WTI) crude futures gained 59...
RCU teams up with Panthera Partner for leopard conservation
Environment & Energy | Saturday 8 June, 2019 12:16 pm
Prince Badr Bin Abdullah Bin Farhan, the Minister of Culture and Governor of the Royal Commission for Al-Ula (RCU), has signed an agreement with Dr. Thomas Kaplan, the chairman of Panthera, the global wild cat conservation organization, to support important regional and international conservation...
Saudi minister: Culture and technology build bridges between peoples
Environment & Energy | Friday 7 June, 2019 3:07 am
Art and technology can build economic bridges between peoples and countries, Saudi Energy Minister Khalid Al-Falih said on Thursday as works by two Saudi artists went on show at Russia’s leading art museum. “To create the opportunities to build economic bridges, you also need to...
Saudi Arabia will do what is needed to sustain oil market stability: Al-Falih
Environment & Energy | Wednesday 5 June, 2019 2:21 pm
Saudi Energy Minister Khalid Al-Falih said on Monday that the Kingdom is closely monitoring developments in the oil market, which saw a high level of volatility in recent weeks. Al-Falih says effectiveness of OPEC+ efforts has been well proven over the course of almost 30 months. He added...
Saudi oil minister sees growing producer consensus to stabilize market
Environment & Energy | Tuesday 4 June, 2019 4:08 am
The Saudi oil minister, Khalid Al-Falih, claimed there was an emerging consensus among OPEC+ oil producers over a need to ensure market stability, in an exclusive interview with Arab News. The disclosure comes ahead of a key meeting of oil producers later this month which is set to deter- mine...
Happily Ever After Begins at The St. Regis Abu Dhabi
Environment & Energy | Saturday 1 June, 2019 7:15 pm
The St. Regis Abu Dhabi takes new beginnings to gleaming heights with a palatial Arabian setting that will make every wedding a celebration to remember. Step through the doors of Abu Dhabi’s most opulent landmark address and be welcomed by an oasis where magnificent high ceilings...
 A first for the region: the EmiratesGBC MENA Green Building Awards 2019 will recognise a Zero Building or a Zero Building Design
Environment & Energy | Sunday 26 May, 2019 6:32 pm
Emirates Green Building Council (EmiratesGBC), an independent forum aimed at conserving the environment by strengthening and promoting green building practices, has launched submissions for its MENA Green Building Awards 2019. The Council also revealed an additional category for Zero Building or...
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