Israel Appoints Israel Katz as New Foreign Minister
TEL AVIV (Agencies): The Israeli Cabinet of Ministers has approved the appointment of Israel Katz as the new head of the country’s Foreign Ministry. The decision comes as Eli Cohen…
Aramco to acquire a 40% stake in Gas & Oil Pakistan
DHAHRAN, Saudi Arabia (Agencies): Aramco, one of the world’s leading integrated energy and chemicals companies, today signed definitive agreements to acquire a 40% equity stake in Gas & Oil Pakistan…
China and Saudi Arabia Sign 50 Billion Yuan Local Currency Swap Agreement
BEIJING (Reuters): The People’s Bank of China and the Saudi Central Bank recently signed a local currency swap agreement worth 50 billion yuan ($6.93 billion) or 26 billion Saudi riyals,…