An offshore drilling rig is located in shallow waters near the Manifa offshore oil field, operated by Saudi Aramco, in Manifa, Saudi Arabia. Simon Dawson | Bloomberg | Getty Images Oil giant Saudi Aramco has reported a 50% drop in net income for the first half of its fiscal year, …
Read More »5 things to know before August 7: Coronavirus, Beirut, Saudi Arabia, TikTok, police
Here’s what you need to know Come up with your day with speed and through. (You can also have “5 Things You Need to Know Today” delivered to your inbox every day. Sign in here.) 1. Coronavirus More than 19 million cumulative cases of coronavirus have now been recorded worldwide. …
Read More »Apple tops Saudi Aramco as most valuable publicly traded company
FILE PHOTO: The Apple logo is displayed at an event at its headquarters in Cupertino, California, USA, September 10, 2019. REUTERS / Stephen Lam (Reuters) – Apple Inc (AAPL.O) Shares hit a record high on Friday after reporting highly successful quarterly results, which helped the iPhone maker briefly outpace Saudi …
Read More »Pompeo insists that ‘the situation is changing’ in China at a controversial hearing in the US Senate.
WASHINGTON (Reuters) – United States Secretary of State Mike Pompeo insisted Thursday that “the situation is changing” in deals with China, citing international support for Washington’s policies even as he expressed “dismay” at the number of countries supporting Beijing’s new security law for Hong Kong Reflecting mounting tensions between the …
Read More »In pictures: Hajj in the shadow of the coronavirus | Saudi Arabia
In the years before the coronavirus, some three million white-clad pilgrims from around the world flocked to Islam’s holiest sites to attend Hajj under the scorching sun of Saudi Arabia. With the pandemic making large gatherings impossible, only a few thousand pilgrims, Saudis, and foreign residents in the kingdom can …
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