Tag: Saudi Arabia
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Burkina Faso’s President Ibrahim Traoré Rejects Saudi Offer to Build 200 Mosques, Prioritizes Schools and Jobs Instead
In a recent development, Burkina Faso’s President, Captain Ibrahim Traoré, has declined an offer from Saudi Arabia to construct 200 mosques in the country. Instead, he has urged the kingdom to invest in essential infrastructure projects that would directly benefit the Burkinabè people, such as schools, hospitals, and job-creating businesses. President Traoré emphasized that Burkina…
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Snowfall Transforms Saudi Arabia’s Tabuk Desert into a Winter Wonderland
A rare weather event brought snowfall to the deserts in Saudi Arabia recently, leaving local residents in awe as snow blanketed regions that typically experience extremely hot and arid conditions. The northern Tabuk region, located near Jordan, was particularly affected by this unexpected snowfall, which surprised residents unaccustomed to winter-like weather. This occurrence is unusual…
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Iran’s Foreign Minister Makes Historic Visit to Egypt After 12 Years
In this photo provided by Egypt’s presidency media office, Egyptian President Abdel-Fattah el-Sissi, right, meets with Iranian Foreign Minister Abbas Araghchi, at the Presidential Palace in Cairo, Egypt, Thursday, Oct.17, 2024. In a significant diplomatic development, Iran’s Foreign Minister has arrived in Cairo, marking the first official visit by a top Iranian diplomat to Egypt…
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Saudi Arabia Leads in Sharp Reduction of Offshore Oil Supplies
In June, Saudi Arabia drastically reduced its offshore oil supplies by 529,000 barrels per day (bpd), likely due to increased domestic demand driven by a heat wave. Ship tracking data shows that offshore supplies dropped by approximately 1.08 million barrels per day (mb/d). This monthly decline, the largest this year, saw Saudi Arabia contributing to…
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Senegal to cancel Saudi desalination plant deal, government says
The 700 million-euro desalination project, hailed as one of the biggest private investments in the country, was signed by Saudi Arabia’s Acwa Power and Senegal’s state water company SONES in the final days of Macky Sall’s presidency. 🚰 The plant near Dakar was to have provided around 400,000 cubic meters of water for the capital…
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Saudi Arabia: The World’s Fourth-Largest Oil Consumer
Saudi Arabia is the world’s fourth-largest oil consumer at 3.7 million b/d, following the U.S., China, and India. According to Bloomberg columnist Javier Blas, if Saudi Arabia does not reduce its oil consumption, the global peak in oil consumption may not occur by 2030. Blas highlights that the IEA forecasts a reduction in Saudi Arabia’s…
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Saudi Arabia has not renewed a 50-year pact with the U.S. to sell oil only for dollars
The famous petrodollar pact between Saudi Arabia and the US, signed in 1974, has come to an end. The so-called “Security Agreement” was signed by Washington and Riyadh on June 8, 1974. It provided for the establishment of two joint commissions – on economic cooperation and on Saudi Arabia’s military needs. The U.S. persuaded the…
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Russia’s Kazan will host a forum of BRICS+ cities
🌇 On June 21, the Forum of Cities of the BRICS+ Countries will open in the Russian city of Kazan. The event will be attended by 200 heads of municipalities from 21 countries, including China, India, South Africa, Brazil, Iran, UAE, Saudi Arabia, Ethiopia, Egypt, Turkey, Belarus, Kazakhstan, Azerbaijan, Uzbekistan, Argentina, Chile, Morocco, Indonesia, Mexico.…
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U.S. and Saudi Arabia on Verge of Nuclear Agreement
🇺🇸🇸🇦 Reports from Western media indicate that the United States and Saudi Arabia are nearing a nuclear agreement that could pave the way for enhanced relations with Israel. The impending pact between the US and Saudi Arabia is poised to offer security assurances to the kingdom and delineate a potential route to establishing diplomatic ties…
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Saudi Aramco Joins as Sponsor of FIFA World Cup 2026
🇸🇦 Saudi Aramco has officially become a sponsor of the FIFA World Cup 2026, after signing a sponsorship agreement with FIFA set to last until the end of 2027. Under the terms of the agreement, the oil company secures exclusive sponsorship rights, encompassing the Women’s World Cup events slated for 2027. As part of this…
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