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  • Politics
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  • oil

Shutterstock

Saudi Arabia’s economy broadens as public spending powers reform

Saudi Arabia's first-quarter budget figures reflect a steadily diversifying the economy, reducing reliance on oil as the country's main source of income, and boosting opportunities the private sector

Shujaa Albogmi 16 May 2023
A worker at a primitive oil refinery poses for a picture at the facility in the town of al-Qahtaniya in Syria's Kurdish-controlled northeastern Hasakah province, near the border with Turkey, on November 15, 2021. Getty Images

Syria looks to Libya oil deal as blueprint to access vital revenue stream

With more than 15 million Syrians in need of aid an agreement to resurrect oil production may be the answer with Libya setting the precedent

Ibrahim Hamidi 29 April 2023
The decision to reduce production to 3.6 million barrels per day is the largest oil cut since the pandemic Shutterstock

Why did OPEC+ producers cut oil output?

The decision to reduce production to 3.6 million barrels per day is the largest oil cut since the pandemic

Faisal Faeq 04 April 2023
Shutterstock

Libya's oil wealth: A blessing and a curse

While Libya has an abundance of oil it is politically and strategically divided and lacks economic and human capital

Mohamed Sharki 06 March 2023
An aerial view shows Kuwait City and the National Assembly Building (Kuwait Parliament), Kuwait, March 20, 2020. REUTERS

Kuwait’s demographic predicament needs skills, not speed

It will take time not legislation to reduce Kuwait's foreign labour force dependence

Amer Ziab Al-Tamimi 01 March 2023
A pump jack of Wintershall DEA is pictured in Emlichheim near the northern German city of Meppen, Germany, March 9, 2022. REUTERS/Fabian Bimmer

Oil Rises On China Demand Hopes, U.S. Inflation in Focus

Oil rose about 1% on Thursday supported by optimism over China's demand outlook and hopes that upcoming inflation data from the United States will point to a slower increase in interest rates. Top…

12 January 2023
The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria, on March 3, 2022. The Saudi-led OPEC oil cartel and allied producing countries, including Russia, are scheduled to decide how much oil to supply to the global economy amid weakening demand in China and uncertainty about the impact of new Western sanctions against Russia that could take significant amounts of oil off the market.(AP Photo/Lisa Leutner, File)

OPEC Keeps Oil Targets Amid Uncertainty On Russian Sanctions

The Saudi-led OPEC oil cartel and allied producers including Russia did not change their targets for shipping oil to the global economy amid uncertainty about the impact of new Western sanctions…

AP 04 December 2022
Saudi Aramco engineers and journalists look at the Hawiyah Natural Gas Liquids Recovery Plant in Hawiyah, in the Eastern Province of Saudi Arabia on June 28, 2021. (AP /Amr Nabil)

The New Saudi Energy Formula

"In the past few decades, our neighbors used to go on a two months’ vacation, leaving the home ACs on. Why? He was told that here in Jeddah, it will be hot when they come back! They could not wait…

Motasem Al Felou - Jeddah 02 September 2022
General view of the site of a bombing at a shopping center as Russia's invasion of Ukraine continues, in Kyiv, Ukraine March 21, 2022. REUTERS/Marko Djuricá

Russia-Ukraine Conflict Impact on Arab Economies: Losers and Winners

Wars or military confrontations always come with dramatic, impactful changes. The economy is the most fragile or the weakest link that can be shaken with the first sign of instability. Unprecedented…

Motasem Al Felou 25 March 2022
This picture taken on November 17, 2019 shows the Liberia-flagged container ship RDO Concord sailing through Egypt's Suez Canal in the canal's central hub city of Ismailia on the 150th anniversary of the canal's inauguration. (Getty)

Suez Canal: Vital Oil Transit Route With An Ancient History

The Suez Canal, blocked by a giant container ship that ran aground on Tuesday, is the quickest sea route between Asia and Europe and about 15% of global shipping traffic moves through it. The 193…

Majalla 26 March 2021
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This aerial view shows residents waving Somaliland flags as they gather to celebrate Israel's announcement recognising Somaliland's statehood in downtown Hargeisa, on 26 December 2025. Farhan Aleli / AFP
Politics

Israel scores strategic win with Somaliland deal, but it comes with risk

27 December 2025

An axis comprising Israel, Ethiopia, and Somaliland appears to be emerging, which has the potential to polarise the Horn of Africa and rapidly accelerate its militarisation

Omar Harkous
AFP / Al Majalla
Documents & Memoirs

What newly released Jordan-UK exchanges on the eve the Iraq war reveal

27 December 2025

They show that King Abdullah tried his best to blunt the blow of a US-led invasion by offering a diplomatic off-ramp to avert catastrophe

Malek Al Athamna
Sara Padovan
Culture & Social Affairs

From Palestine to AI: cultural trends that swept 2025

24 December 2025

For those who look closely, there were recurring cultural themes over the past 12 months, whether in cinema, music, art, or literature. There were also common threats and shared opportunities.

Shadi Alaa Aldin
People stand outside the Justice Palace after first trial of more than a dozen suspects linked to massacres that left hundreds dead in Syria's Alawite coastal heartland earlier this year, in Aleppo on 18 November 2025. BAKR ALKASEM / AFP
Politics

Fresh UK sanctions on Syria send a message

26 December 2025

London is making it clear that it expects more than just symbolic gestures from Damascus when it comes to holding security forces accountable for atrocities

Haid Haid
Reuters / Al Majalla
Business & Economy

Global economic trends in the first quarter of the 21st century

25 December 2025

Since the start of the new millennium, the world's wealth has been radically reshaped, and that looks set to continue

Mohamed Sharki

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OPINIONS

States or battlegrounds?

Ibrahim Hamidi
Ibrahim Hamidi

What newly released Jordan-UK exchanges on the eve the Iraq war reveal

Malek Al Athamna
Malek Al Athamna

Global economic trends in the first quarter of the 21st century

Mohamed Sharki
Mohamed Sharki

Israel scores strategic win with Somaliland deal, but it comes with risk

Omar Harkous
Omar Harkous
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