Tag Archives: arabia

Also during the excavations were found fragments of ancient pottery and glassware. In al-Kharj near Riyadh experts have discovered an ancient mosque, which relate to age of the birth of Islam. This was reported by scientists from the University of archeology in Paris, which conducted excavations in Saudi Arabia. The …

Saudi Arabia has increased oil exports in June 2016 1.2% year on year to 7.4 million barrels a day, data from the Joint Organization Data Initiative (JODI). Compared to may, exports grew by 2.2%, the index rose for the first time since the beginning of the year, reports TASS. Oil …

Saudi Arabia has increased oil production in July to a record high of 10.62 million barrels per day. This is stated in its monthly report the International energy Agency (IEA), published on Thursday, August 11. In comparison with July 2015, oil production in Saudi Arabia rose by 240 thousand barrels …

Arab country significantly increased the pace of oil production. Saudi Arabia has increased oil production in July to a record high of 10.62 million barrels per day. In comparison with July 2015, oil production in Saudi Arabia rose by 240 thousand barrels a day, noted the Agency. The IEA draws …

Saudi Arabia has been the leader of oil production in the world. Saudi Arabia told OPEC that the July oil production of the country reached a record of 10.67 million barrels per day compared to 10,55 million barrels in June. See also OPEC and Saudi Arabia believe that the oil …

The main importer is the USA. The U.S. government approved a deal to sell Saudi Arabia 153 tanks, several hundred machine guns and other weapons for a total amount of 1.15 billion dollars. According to the Pentagon, the deal includes the sale of 133 tanks “Abrams”, 266 М240 machine guns …

Thieves stole Princess expensive watch.In Paris there was an attack on Princess of Saudi Arabia, where thieves took a watch worth $1.1 million Police quickly arrived on the scene. The attack occurred in the Central part of the city in the second district. As she told the victim that she …

The liquidity crisis in Saudi Arabia is gaining momentum. To mitigate the situation the country’s Central Bank – Saudi Arabian Monetary Agency – issued to local banks loans. In total under the preferential rate of the Central Bank issued annual credits in the amount of $4 billion for a period …

Saudi Arabia, the world’s largest oil exporter, has become a leading supplier of “black gold” to China in June of 2016, ahead of Russia holding the lead for the previous 3 months. China in June imported 4,569 million tons of oil from Saudi Arabia, or 1,112 million barrels a day, …

Price war in the global oil market, it seems, will never end. Saudi Arabia began to sell its huge reserves and the volume fell to the lowest level in 20 months. At the same time, the Kingdom decided to strengthen its tanker fleet, making it the largest in the world. …