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In "SAUDI ARABIA"
Saudi Gazette reportVIENNA — The OPEC+ countries have approved a mechanism to assess members’ maximum production capacity to be used for setting output quotas from 2027. The eight countries, which met virtually on Sunday to review global market conditions and outlook, also agreed to maintain group-wide oil output quotas for 2026, OPEC said in a statement after the meeting.The OPEC+ countries—Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman—have an agreement in principle to maintain a pause in their output hikes for the first quarter of 2026. OPEC+ has paused oil output hikes for the first quarter of 2026 after releasing some 2.9 million barrels per day into the market since April 2025. The group still has about 3.24 million barrels per day of output cuts in...
November 30, 2025
OPEC+ agrees to use capacity mechanism for setting output quotas from 2027
November 30, 2025
Traffic Directorate announces plans to establish 5 driving schools
November 30, 2025
HADAF to empower 356 citizens in the electric vehicle industry
November 30, 2025
Students back to school after fall break
November 30, 2025
Two Saudi satellites launched successfully
Saudi Gazette reportRIYADH — The total number of mineralization sites discovered in Saudi Arabia reached 5,651 in 2024, with non-metallic minerals accounting for the majority at 54.1percent with 3,058 sites. This was revealed by General Authority for Statistics (GASTAT) in its Mineral Resources Statistics 2024 bulletin. Highlighting recent developments in the Kingdom’s mining sector, the bulletin reported that metallic minerals accounted for 42.9 percent with 2,423 sites, while sites containing both metallic and non-metallic minerals comprised about 3 percent, totaling 170 sites. GASTAT also noted a significant increase in mining licenses issued, rising from 1,985 in 2016 to 2,401 in 2024, a cumulative growth of 21percent over the period. In 2024, building materials quarry licenses...
November 30, 2025
5,651 mineralization sites discovered in Saudi Arabia in 2024
November 30, 2025
Saudi Arabia launches ‘Road to Riyadh’ program ahead of 2026 UN World Data Forum
November 30, 2025
Total arrivals of GCC citizens to Saudi Arabia up 5.83% reaching 8.8 million in 2024
November 30, 2025
Saudi Arabia ranks third globally in advanced AI model development, Stanford report shows
November 30, 2025
Saudi authorities urge hikers and pilots to use satellite-based distress beacons
