Media ID: 55367047
Caption:
OPEC logo is pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria September 28, 2016. REUTERS/Ramzi Boudina/File Photo
by Wael Mahdi | Feb 7, 2017 | Business
Khobar – This is not the first time OPEC countries agree to reduce product, but it is the first time compliance with the agreement reaches 80%-90%, the highest level in the history of OPEC. Five surveys of OPEC outcome in January revealed that OPEC abided by the...
Media ID: 55359160
Caption:
King Salman bin Abdulaziz has presided over a reform plan to wean the Saudi economy off its addiction to oil. Photograph: Bandar Al-Jaloud/AFP/Getty Images
by Asharq Al-Awsat | Sep 27, 2016 | Saudi Arabia
Riyadh – The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud chaired the Cabinet’s session at al-Yamamah Palace in Riyadh on Monday. The King issued four Royal decrees ordering the reduction of salaries of ministers by 20% and salaries of...
