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January 19, 2022

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More than a dozen dead in coalition strikes on Yemen’s Sanaa

Reuters
ADEN, Yemen, Jan 18 (Reuters) – An air strike killed about 14 people in a building in the Yemeni capital of Sanaa, residents said on Tuesday, during strikes across the city launched by the Saudi-led coalition fighting the Houthi group. The alliance strikes on Houthi-held Sanaa followed an attack claimed......

Saudi energy minister: It’s U.S. prerogative to draw on strategic oil reserves

Reuters
Saudi Energy Minister, Prince Abdulaziz bin Salman al-Saud, speaks during the UN Climate Change Conference (COP26), in Glasgow, Scotland, Britain, November 10, 2021. REUTERS/Yves Herman/File Photo Register now for FREE unlimited access to Reuters.com Register Jan 17 (Reuters) – Saudi Energy Minister Prince Abdulaziz bin Salman said on Monday that......

Factors to watch – January 9

Reuters
DUBAI, Jan 9 (Reuters) – Here are some factors that may affect Middle East stock markets on Sunday. Reuters has not verified the press reports and does not vouch for their accuracy. INTERNATIONAL/REGIONAL * GLOBAL MARKETS-Whiplashed Wall Street struggles with mixed payrolls data Register now for FREE unlimited access to......

Saudi-led coalition says Houthi actions turn Yemen ports into legitimate targets

Reuters
An oil tanker docks at the port of Hodeidah, Yemen October 17, 2019. REUTERS/Abduljabbar Zeyad Register now for FREE unlimited access to Reuters.com Register CAIRO, Jan 8 (Reuters) – The Saudi-led coalition fighting in Yemen believes the use by Houthi forces of two ports as military bases would turn them......

Saudi Arabia cuts February crude prices to Asia -sources

Reuters
Flames are seen at the production facility of Saudi Aramco’s Shaybah oilfield in the Empty Quarter, Saudi Arabia May 22, 2018. REUTERS/Ahmed Jadallah Register now for FREE unlimited access to Reuters.com Register Prices for all crude grades to Asia drop at least $1/bbl Price cuts not deep enough – trade......

OPEC+ agrees oil output increase from Feb

Reuters
A 3D printed oil pump jack is seen in front of displayed stock graph and Opec logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com Register OPEC+ to add 400,000 bpd to output in February -sources Omicron variant seen having mild......

Saudi shares make positive start to 2022 despite COVID cases

Reuters
Traders wait at the Bahrain Bourse after Joe Biden won the U.S. presidency, in Manama, Bahrain, November 8, 2020. REUTERS/Hamad I Mohammed Register now for FREE unlimited access to Reuters.com Register Jan 2 (Reuters) – Saudi Arabian shares began 2022 on a positive note, in spite of a jump in......

Daily COVID cases in Saudi Arabia above 1,000, continue to climb in UAE

Reuters
A technician hangs N95 face masks to be sterilized with UVC light, amid the coronavirus disease (COVID-19) outbreak, at the Cleveland Clinic hospital in Abu Dhabi, United Arab Emirates, April 20, 2020. REUTERS/Christopher Pike Register now for FREE unlimited access to Reuters.com Register Jan 2 (Reuters) – Daily coronavirus cases......

Most Gulf bourses fall as Omicron concerns weigh

Reuters
A trader looks on near electronic boards showing stock market data at Bahrain Bourse after Joe Biden won the U.S. presidency, in Manama, Bahrain, November 8, 2020. REUTERS/Hamad I Mohammed
 Register now for FREE unlimited access to Reuters.com Register Dec 27 (Reuters) – Most stock markets in the Gulf fell......

Factors to watch – December 26

Reuters
DUBAI, Dec 26 (Reuters) – Here are some factors that may affect Middle East stock markets on Sunday. Reuters has not verified the press reports and does not vouch for their accuracy. INTERNATIONAL/REGIONAL * GLOBAL MARKETS-Fading Omicron concerns set up shares for weekly gain, dent dollar Register now for FREE......

Houthi projectile kills two in Saudi city of Jazan – Saudi state media

Reuters
CAIRO, Dec 25 (Reuters) – A Saudi citizen and a Yemeni resident were killed as a result of a Houthi projectile that hit the southern Saudi city of Jazan on Friday, Saudi state media reported citing a coalition statement. The projectile also left six Saudis and one Bengali resident injured......

Most Gulf bourses in red on Omicron worries

Reuters
Dec 19 (Reuters) – Most Gulf stock markets fell in early trade on Sunday, responding to a slide in crude prices on Friday as surging cases of the Omicron coronavirus variant raised fears that new restrictions may hit fuel demand. Oil prices, a key catalyst for the Gulf’s financial markets,......

Major Gulf bourses track oil, Asian shares higher

Reuters
An investor walks into the Dubai International Financial Market in Dubai, UAE February 7, 2018. REUTERS/Satish Kumar Register now for FREE unlimited access to reuters.com Register Dec 16 (Reuters) – Major stock markets in the Gulf rose in early trade on Thursday, in line with oil prices and Asian shares,......

Saudi Arabia expects 2022 budget surplus after years of deficit

Reuters
General view of Riyadh city, after the Saudi government eased a curfew, following the outbreak of the coronavirus disease (COVID-19), in Riyadh, Saudi Arabia, June 21 2020. Picture taken June 21, 2020. REUTERS/Ahmed Yosri Register now for FREE unlimited access to reuters.com Register RIYADH, Dec 12 (Reuters) – Saudi Arabia......

VIEW Saudi state budget projects $254.6 bln spending in 2022

Reuters
DUBAI, Dec 12 (Reuters) – Saudi Arabia said on Sunday it plans to spend 955 billion riyals ($254.6 billion) with its 2022 budget. read more Following are comments from economists and analysts: MONICA MALIK, CHIEF ECONOMIST AT ABU DHABI COMMERCIAL BANK Register now for FREE unlimited access to reuters.com Register......

Factors to watch – December 12

Reuters
DUBAI, Dec 12 (Reuters) – Here are some factors that may affect Middle East stock markets on Sunday. Reuters has not verified the press reports and does not vouch for their accuracy. INTERNATIONAL/REGIONAL * GLOBAL MARKETS-Stocks rise as hot CPI data fails to unnerve investors Register now for FREE unlimited......

World powers test Iran’s commitment to talks, Tehran stays firm

Reuters
The Iranian flag waves in front of the International Atomic Energy Agency (IAEA) headquarters in Vienna, Austria, March 1, 2021. REUTERS/Lisi Niesner/File Photo Register now for FREE unlimited access to reuters.com Register VIENNA, Dec 10 (Reuters) – World powers and Iran were locked in talks on reviving their nuclear deal......

Dubai bourse rises for sixth session; Saudi falls

Reuters
An investor monitors a screen displaying stock information at the Abu Dhabi Securities Exchange June 25, 2014./File Photo Register now for FREE unlimited access to reuters.com Register Dec 8 (Reuters) – Dubai’s stock market rose in early trade on Wednesday and was headed for a sixth straight session of gains,......

One of suspected killers of Saudi journalist Khashoggi arrested in France

Reuters
French police acted on Turkish arrest warrant Saudi Embassy says person arrested “has nothing to do with case” Police source says extradition hearing due on Wednesday PARIS, Dec 7 (Reuters) – French police on Tuesday arrested a suspected member of the hit squad that killed Saudi journalist Jamal Khashoggi as......

U.S. oil CEOs stress need for fossil fuels despite push for cleaner energy

Reuters
A view of a quiet registration desk for the World Petroleum Congress in Houston, Texas, U.S. on December 5, 2021 as organizers grappled with the fallout of new coronavirus disease (COVID-19) travel restrictions. REUTERS/Sabrina Valle Register now for FREE unlimited access to reuters.com Register HOUSTON, Dec 6 (Reuters) – A......

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