Arab and International

Bulging US Deficits May Threaten Prized Pentagon Arms Projects

الثلاثاء, 12 مايو 2020

The US government’s $3 trillion effort to rescue the economy from the coronavirus crisis is stirring worry at the Pentagon. Bulging federal deficits may force a reversal of years of big defense spending gains and threaten prized projects like the re...

Saudi Arabia to Slash Oil Output by An Extra 1 mln bpd

الثلاثاء, 12 مايو 2020

A Saudi Arabian energy ministry official said on Monday that the ministry has directed national oil company Aramco to reduce its crude oil production for June by an extra voluntary amount of 1 million barrels per day, on top of the reduction already ...

Explosion leaves one dead, 20 injured in Aleppo countryside

الثلاثاء, 12 مايو 2020

At least one civilian was killed and 20 others wounded when an explosive device exploded in a market in al-Bab town of northeastern Aleppo countryside, where terrorist groups supported by Turkish occupation forces are deployed. According to local so...

Saudi Arabia Looks for Ways to Stop Economic Bleeding

الاثنين, 11 مايو 2020

Sales of Saudi crude have reached practically zero. Saudi oil tankers are lost in the open sea, including the world's largest Saudi tanker, "Super Tank," without a final destination. More than 40 million barrels of Saudi oil are stored at sea since ...

Saudi Stocks Falls after Govt. Triples VAT Rate

الاثنين, 11 مايو 2020

Gulf stock markets lost ground in early trade on Monday, with Saudi Arabia’s index falling the most after the kingdom said it will triple its value-added tax rate and suspend a cost of living allowance for state employees to shore up its finances. T...

Al-Monitor: Saudi Arabia Braces for Economic Impact

الأحد, 10 مايو 2020

A US report confirmed that radical changes will take place in Saudi Arabia, the most prominent of which is the lifestyle of its citizens in the near future, adding that the Saudis will not live as their parents lived and they see that the oil price ...

Pentagon Pulling Patriot Missile Systems from Saudi Arabia

الأحد, 10 مايو 2020

The US military is removing Patriot antimissile systems from Saudi Arabia as part of a shift of forces and equipment in the region, a US official confirmed. The Wall Street Journal first reported o Thursday that Washington is moving four Patriot mi...

Over 4.1mn Now Infected with Coronavirus Globally, 280K+ Dead

الأحد, 10 مايو 2020

The new coronavirus has now infected 4,101,641 people and killed 280,435 others globally, according to Johns Hopkins University data. The United States remains the worst-hit nation, with more than 1,340,000 cases of infection and over 80,000 deaths...

US Sets Up New Military Base in Syria’s Oil-rich Dayr Al-Zawr

السبت, 09 مايو 2020

The United States has reportedly established a new military base in Syria’s oil-rich eastern province of Dayr al-Zawr after bringing in reinforcements to the war-torn Arab country. The so-called Syrian Observatory for Human Rights (SOHR) quoted reli...