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Tag Archives: Saudi Arabia

Divided Kuala Lumpur summit

Divided Kuala Lumpur summit

Contrary to the expectations of many Pakistanis, Prime Minister Imran Khan opted not to attend Kuala Lumpur Summit. The overwhelming perception is that the Prime Minister Imran Khan decided to stay away from the Summit under the pressure of Saudi …

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Saudi Aramco Flirts With $2 Trillion Valuation

Infographics

On its second day of trading on the Riyadh Tadawul exchange, the value of all Saudi Aramco stock briefly reached the $2 trillion mark and closed at $1.965 trillion Thursday. Comparing this market cap to those of other major companies in the world that day, Saudi …

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An undivided GCC is in Pakistan’s favor

An undivided GCC is in Pakistan’s favor

In June 2017, Saudi Arabia, the UAE, Bahrain and Egypt broke off diplomatic and transportation links with Qatar over its support for extremist groups. They imposed bans on shipping, trade, direct flights, overflights and land crossings with Qatar. After two …

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The World’s Biggest Oil Producers

Infographics

After drone attacks on two major oil facilities in Saudi Arabia on Saturday, half of the country’s production capability has been knocked out. How much of an impact will this have on global oil supplies? As the latest data from BP shows, Saudi Arabia …

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What after pushing Iran out of oil market?

What after pushing Iran out of oil market

Many analysts believe that the decision of US President, Donald Trump to end the exemptions regarding buying Iranian crude oil is a double-edged sword. On one hand, he doesn’t want oil prices to go up and on the other hand he is adamant at …

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Pakistan sees a slight fall in imports

Pakistan sees a slight fall in imports

The Ministry of Finance statistics showed that Pakistan’s imports are mostly concentrated in a few markets. The country’s imports from states like China, Saudi Arabia, UAE, and Indonesia constitutes greater than 50 percent of the total imports. During fiscal year …

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