Middle East / West Asia: Armenia / Azerbaijan / Bahrain / Cyprus / Georgia / Iraq / Israel / Jordan / Kuwait / Lebanon / Oman / Palestine / Qatar / Saudi Arabia / Syria / Turkey / United Arab Emirates / Yemen
Bashar al-Assad, the Syrian president, revealed he is in talks with China to join its Belt and Road Initiative, as he looks for funding to rebuild Syria and Beijing looks to extend its influence in the region.
With Saudi Aramco yet to name any major foreign investors in its upcoming share sale, Malaysia’s state energy company Petronas [PETR.UL] decided to take a pass on Friday.
Two years ago, when the initial public offering of Saudi oil giant Aramco held the imagination of foreign investors, President Donald Trump felt compelled to publicly lobby for the share sale to happen in America.
Global oil demand may peak within the next 20 years, according to an assessment included in the prospectus for Saudi Aramco's initial public offering, suggesting views are slowly changing in the kingdom where officials long dismissed the notion as overblown.
Saudi Aramco officials and advisers are holding last-minute meetings with investors in an attempt to achieve as close to a $2 trillion valuation ahead of an expected Sunday announcement that the initial public offering (IPO) will go ahead, according to three sources.
DUBAI: Saudi Aramco is pressing ahead with plans to become the world’s biggest oil refiner and a top chemicals maker to secure future demand for its crude and bolster growth.
Israeli PM Benjamin Netanyahu said he has failed to form a unity government. President Reuven Rivlin is now to give his rival Benny Gantz 28 days to form a coalition, after neither secured a majority in September's snap election.
President Trump's decision to withdraw U.S. troops from Syria could provide the ISIS terrorist group with the time and space to regrow its organization and extend its networks throughout the Middle East.