Shares of the Dubai Electricity and Water Authority increase around 16 percent on Tuesday in the Gulf region’s largest first public offering since Saudi oil giant Aramco in 2019. DEWA shares rise 19 percent in the first minutes of trading before closing up 15.72 percent at 2.87 dirhams ($0.78), as the Dubai stock exchange has fallen 0.5 … Read more
Saudi Arabia held its position as the biggest supplier of crude oil to China for an 11th month in a row in October, with volumes up 19.5 per cent from a year ago, Arab News quoted Customs data, as showing. Saudi oil arrivals totalled 7.1 million tonnes, or 1.67 million barrels per day (bpd), data from the … Read more
Special Assistant to Prime Minister on Information and Broadcasting Dr. Firdous Ashiq Awan says that Saudi Arabia and Iran share fraternal ties with Pakistan. According to details, Dr. Firdous Ashiq Awan took twitter to say that Prime Minister Imran Khan will play an important role in peacemaking between the countries. Special Assistant to Prime Minister … Read more
Drone attacks have set Saudi Arabia’s two major oil facilities of Aramco on fire. According to details, First drone hit Abqaiq, site of Aramco’s largest oil processing plant, while a second drone attack started fires in the Khurais oilfield. Security teams have controlled the fire, which caused massive loss. Drone attacks have been verified by … Read more
