Saudi Arabia has offered one-year credit facility on oil payments, on the pattern of 1998 oil credit facility. The government is taking stock of the offer and, if finalized the agreement will be signed between the two countries. The agreement will be signed at the time of the Prime Minister, Yousaf Raza Gilani’s state visit […]
Paramount Trade: Saudi Borrows For 1st Time In 25 Years . . .
Paramount Trade: World’s biggest oil exporter to secure $10bn loan to help ease pain of low oil prices. Paramount Trade: Saudi Arabia, the world’s biggest oil exporter is on the brink of securing a $10 billion loan from international banks that will help to soothe the pain of the collapse of global crude prices. It […]
Russia Believes the World Has Entered a Cold War in the Wake of Syrian Conflicts
The war in Syria is on and big powers from around the world have gathered in this place to not only show their power but secure peace in the region that has been a battlefield for 5 years now. While US was already into this war because there are several direct and indirect links that […]
Foreign Minister Of Kingdom Of Saudi Arabia Calls On Prime Minister
Both Leaders Exchanged Views On Strengthening Bilateral Relations New Delhi (PIB-GR-TYP-BIN): Prime Minister Mr. Narendra Modi received the Foreign Minister of Saudi Arabia Mr. Adel Bin Ahmed Al Jubeir on March 8. Prime Minister conveyed that India attached high importance to its close and friendly relations with Saudi Arabia. The Foreign Minister of Saudi Arabia conveyed […]
Russia, Saudi Agree Production Freeze
Resona Corporate Partners: A deal between Saudi Arabia and Russia will see production levels frozen, not cut. Hopes that a deal between OPEC and non-OPEC oil producers would lead to cuts in production have foundered. Instead, Russia and Saudi Arabia, two of the world’s biggest producers have agreed to freeze production at January levels. The […]
Preserving values while tackling Iran-sponsored terrorism
Iran-sponsored terrorism By Heshmat Alavi As horrific were the Paris and California terrorist attacks by Islamic extremists, they were unfortunately inevitable. Another unfortunate matter is the fact that these atrocities have once again reignited the controversial debate of linking all Muslims to such barbaric acts. Quickly forgotten is the fact that Iran has been the […]
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