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August 17, 2020

Saudi Arabia: Inflation Jumps 6.1 % Following VAT Increase

On August 16th, 2020, the Saudi General Authority for Statistics said that consumer prices rose an annual 6.1% in July from 0.5% in June. The inflation […]
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August 14, 2020

UAE – Israel Historic Deal: the “Abraham Accord”

On Thursday, August 13th, 2020, Israel and the United Arab Emirates (UAE) concluded a historic agreement, under the supervision of United States (US), which is meant […]
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August 13, 2020

Vessel Boarded By Iranian Naval Forces In Gulf Of Oman

In the afternoon of August 12th, the product tanker WILA was boarded by Iranian Special Forces from a helicopter, in international waters off Khor Fakkan Anchorage, […]
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August 10, 2020

Saudi Arabia: Aramco, the Saudi State Oil Group Reported a 73.4 % Fall In Second Quarter Net Profit

On August 8th, 2020  the Saudi state oil group reported a 73.4 % fall in second-quarter net profit, a steeper drop than analysts had forecast. They […]
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