Saudi Arabia and Kuwait have revealed a new oil discovery in the Neutral Zone shared between the two countries, the first in the region since 2020. The discovery was made by Wafra Joint Operations ...

Saudi Arabia and Kuwait have revealed a new oil discovery in the Neutral Zone shared between the two countries, the first in the region since 2020.

Saudi Arabia and Kuwait announce Neutral Zone oil find 28 May 2025 By Indrajit Sen. The oil was discovered in the North Wafra Wara-Burgan field, located five kilometres north of the onshore Wafra ...

This collaboration aligns with Saudi Arabia’s Vision 2030 and builds upon the Kingdom’s pledge in 2024 to invest in building an AI-powered economy, representing a significant step towards ...

Saudi Arabia and Kuwait have just announced a major oil discovery in the Partitioned Neutral Zone, the first significant find since they resumed joint operations there in 2020.According to Saudi ...

Coming just after Saudi Arabia’s milestone of welcoming 100 million visitors, achieved seven years ahead of its Vision 2030 target, the 50-year roadmap marks a tectonic shift in the Kingdom’s ...

Private credit remains significantly underrepresented in the Middle East, accounting for just 0.2% of global assets under ...

Kuwait and Saudi Arabia have signed agreements to divide the Neutral Zone between the two countries. The agreements were inked by Kuwaiti Foreign Minister Ahmad Nasser Al-Mohammad Al-Sabah and Saudi ...

05/28/2025 May 28, 2025. Saudi Arabia and the UAE avoided high tariffs imposed by the US government. In the past, international companies often set up anew in low-tariff nations to avoid higher ...

A release posted on OPEC’s website on April 3 announced that Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman “will implement a production adjustment of 411,000 barrels ...