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Opec+ will phase out voluntary production cuts starting this fall
Plus: Riyadh Air is build its international network, looking for US, Indian, and southeast Asian partners
US energy secretary to visit Riyadh this week, suggesting progress on nuclear power agreement
Plus: IEA warns Opec+ that high oil prices are bad for inflation
Economy contracts again in 1Q 2024 on lower oil activity
The downturn was once again due to a decline in oil activity, which fell by 10.6% y-o-y in the last…
Schools are remote this morning as rain continues
Plus: Tadawul Group taking its Capital Market Forum on the road to Hong Kong
Will Opec start easing production cuts in the second half?
Could Saudi turn the World Snooker Championship into a “super event” on par with Wimbledon, French Open?
Spanish gov’t ups stake in Telefonica in bid to counter Stc — just as Housing Minister AL Hogail lands in town
Plus: Saudization of the insurance industry is in full effect — non-Saudis can no longer collect sales commissions
Strap in and get ready for a really busy news week
Plus: It’s already 1Q earnings season and there are less than two weeks until the World Economic Forum lands on…
Still no word about what Jake Sullivan during his visit to Saudi yesterday with top White House officials
Plus: Ronaldo scored three goals in Al Nassr’s 8-0 romp over Abha
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