Tag: Arabia
Will Tesla build its new factory in Saudi Arabia?
Tesla has six different factories (Gigafactories) around the world. These are mainly located in China, the USA and Germany. New reports showed that Tesla could open its new factory in…
Saudi Arabia establishes Bayraktar Akıncı fleet!
A new one has been added to the export success of Turkish defense industry companies in the international market. Saudi Arabia shook hands with Baykar (with the permission of the…
Saudi Arabia gave an additional budget of 2.7 billion dollars for Neom
New developments took place in Neom, Saudi Arabia’s ambitious mega-city project. Local organizations that want to accelerate the construction of the futuristic city, $2.7 billion provided additional funding. Neom is…
Mehmet Şimşek and Hafize Gaye Erkan are going to Saudi Arabia tomorrow!
Mehmet Şimşek, Minister of Treasury and Finance, and Erkan, President of the Central Bank of the Republic of Turkey, started preparations for their visit to Saudi Arabia tomorrow. With this…
Government approves further deliveries to Saudi Arabia
missile defense system An Iris-T missile defense system is located on the Diehl Defense company premises in Überlingen. (Photo: dpa) Berlin Despite extensive export restrictions, the federal government approved the…
Russia cuts oil production, Saudi Arabia extends cuts
Oil production in Russia A deep pump is located near the town of Usinsk, 1,500 kilometers north-east of Moscow. (Photo: dpa) Saudi Arabia extends its unilateral oil production cut by…
Russia cuts oil production, Saudi Arabia extends cuts
Oil production in Russia A deep pump is located near the town of Usinsk, 1,500 kilometers north-east of Moscow. (Photo: dpa) To support oil prices, Russia will cut oil exports…
Saudi Arabia Decided to Cut Off, Oil Price Rises!
Saudi Arabia, the world’s largest oil exporter, made a critical move in production due to macroeconomic pressures. The Saudi Ministry of Energy announced this morning that they have extended the…
Saudi Arabia voluntarily cuts one million barrels a day
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman Al-Saud in Vienna Saudi Arabia relies on a fairly high oil price to cover all government spending. (Photo: Reuters) Frankfurt Saudi Arabia…
Oil cartel lowers production target – Saudi Arabia voluntarily cuts even further
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman Al-Saud in Vienna Saudi Arabia relies on a fairly high oil price to cover all government spending. (Photo: Reuters) Frankfurt OPEC-plus lowers…
OPEC meeting: Saudi Arabia voluntarily cuts funding
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman Al-Saud in Vienna Saudi Arabia relies on a fairly high oil price to cover all government spending. (Photo: Reuters) Frankfurt Opec-plus is…
Saudi Arabia is making voluntary funding cuts
The United Arab Emirates Opec delegation In April, the oil cartel surprised with production cuts, now there is a dispute about which country should produce how much oil. (Photo: Reuters)…
Germany likened the chip to oil: It wants to be Saudi Arabia!
Germany is increasing its subsidies to semiconductor chip manufacturers. The European Union’s Chip Law will provide 43 billion euros. German Chancellor Olaf Scholz said that the chip production was “21st…
Why China is reconciling Saudi Arabia and Iran
Iran-Saudi Arabia meeting in Beijing The Chinese leadership wants to achieve a multipolar world order. (Photo: dpa) Istanbul The two regional powers, Saudi Arabia and Iran, are in the process…
Saudi Arabia May Switch to ‘Work 4 Days a Week’ System
A local newspaper in Saudi Arabia claimed that the government could switch to a four-day-a-week system. The government, on the other hand, partially confirmed this claim. Last year Started trials…
Mediated by China – oil states Saudi Arabia and Iran are getting closer
China’s ruler Xi Jinping (left), King Salman In December last year, the heads of state of China and Saudi Arabia intensified their cooperation, and now Beijing has acted as a…
Iran and Saudi Arabia want to normalize relations
Protests outside the Saudi Arabian Embassy in Iran in 2016 Riyadh cut official ties with Tehran in January 2016 in response to an attack by Iranian protesters on the Saudi…
A Giant Cube Project Announced In Saudi Arabia
The Prince of Saudi Arabia announced the establishment of the ‘Murabba Development Company’ to develop the world’s largest modern cube-shaped city center in the city of Riyadh. Riyadh, the capital…
Popular Metaverse Altcoin and New Partnership from Saudi Arabia: Price Takes Flight
The signing of a memorandum of understanding between the popular metaverse project The Sandbox (SAND) and the Saudi Arabian Digital Government Authority, with the intention of joint action and project,…
Saudi Arabia Has Partnered With This Metaverse Coin! – Cryptokoin.com
The Sandbox and Saudi Arabia behind SAND, a popular metaverse coin, signed a memorandum of understanding without disclosing details about the scope of the deal. Like the United Arab Emirates,…