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Saudis Investing $1.5b in VLCCs

EghtesadOnline: National Shipping Company of Saudi Arabia (Bahri) said on Sunday it signed a deal with Arab Petroleum Investments Corp. (Apicorp) to launch a $1.5 billion investment fund that could buy up to 15 very large crude carriers, known as VLCCs.
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Publish Date: 18/July/2016 | 15:03

US Report Hints at Saudi Involvement in 9/11 Attacks

EghtesadOnline: The US government released 28 pages of a congressional report on the September 11, 2001 terrorist attacks, which show the Saudi government may have had a hand in the attacks.
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Publish Date: 16/July/2016 | 08:13

Lebanese speaker urges Arab states to modify behavior with Iran

EghtesadOnline: Lebanese Parliament Speaker Nabih Berry called for policy change in Arab world, especially Saudi Arabia, towards Iran and confidence-building between them, saying that this is a must for Lebanon, Syria, Egypt, Iraq, Yemen, Bahrain, Saudi Arabia and Iran and even for Islam.
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Publish Date: 16/July/2016 | 07:19

Saudi Arabia names Pakistani man as suicide bomber in Medina

Saudi Arabia on Tuesday identified the suicide bomber who struck outside one of Islam’s holiest sites the day before as a Pakistani resident of the kingdom who arrived 12 years ago to work as a driver; AP reported.
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Publish Date: 10/July/2016 | 10:30

ICCIMA Seminar Discusses Outlook of Developing Ties With Saudi Arabia

EghtesadOnline: The Education and Research Institute, affiliated with the Iran Chamber of Commerce, Industries, Mines and Agriculture, is scheduled to host a seminar titled “The Outlook of Developing Economic and Commercial Ties with Saudi Arabia” on May 7 from 9 a.m. to 1 p.m., the news portal of ICCIMA reported.
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Publish Date: 08/May/2023 | 22:28

Saudi Arabia Proposes Three Direct Flights

EghtesadOnline: Iran's Civil Aviation Organization has received a proposal from Saudi Arabia to launch three regular flights between the two countries, Iranian Roads and Urban Development Minister Mehrdad Bazrpash said on Sunday.
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Publish Date: 27/April/2023 | 20:40

Oil Prices Rise on Tanker Explosion in Saudi Arabia

EghtesadOnline: Oil prices rose on Monday, pushing Brent back above $50 a barrel, buoyed by hopes that a rollout of coronavirus vaccines will lift global fuel demand while a tanker explosion in Saudi Arabia jangled nerves in the market.
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Publish Date: 15/December/2020 | 15:40

Oil Prices Rise on Tanker Explosion in Saudi Arabia

EghtesadOnline: Oil prices rose on Monday, pushing Brent back above $50 a barrel, buoyed by hopes that a rollout of coronavirus vaccines will lift global fuel demand while a tanker explosion in Saudi Arabia jangled nerves in the market.
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Publish Date: 15/December/2020 | 15:40

Desalination Still in Its Infancy

EghtesadOnline: Desalinated water accounts for a meager 0.1% of the total annual water consumption in Iran while in some neighboring countries like Saudi Arabia it is 70%.
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Publish Date: 04/October/2020 | 13:07

Oil Skids as Demand Optimism Fades

EghtesadOnline: Oil prices dropped more than 1% on Monday after earlier hitting their lowest since July as Saudi Arabia made the deepest monthly price cuts for supply to Asia in five months while optimism about demand recovery cooled amid the coronavirus pandemic.
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Publish Date: 08/September/2020 | 14:17

Iran's Trade With Persian Gulf States Tops $21 Billion

EghtesadOnline: Iran’s non-oil commercial exchanges with Persian Gulf Arab states, including Iraq, the UAE, Oman, Qatar, Kuwait, Syria, Lebanon, Jordan and Saudi Arabia, hit $21.5 billion in the last Iranian year that ended on March 19, 2020.
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Publish Date: 11/May/2020 | 09:09

Brent, WTI Prices Edge Down

EghtesadOnline: Oil prices fell on Monday, after Saudi Arabia and Russia delayed a meeting to discuss output cuts that could help alleviate global oversupply as the coronavirus pandemic pummels demand.
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Publish Date: 06/April/2020 | 23:04

Need to Avert Consensus Against Iran Nuclear Policy

EghtesadOnline: Under pressure from a cascade of events, Tehran should be cautious not to allow the US, Saudi Arabia and Israel to use this opportunity to build an international consensus against Iran with regard to the 2015 nuclear deal, an expert on Europe and America said.
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Publish Date: 20/January/2020 | 13:35