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Crude price drop threatens Nigeria’s $5B Aramco deal

Saudi Arabia

Crude price drop threatens Nigeria’s $5B Aramco deal

Negotiations between Nigeria and Saudi Arabia’s Aramco for a record $5 billion oil-backed loan are stalling due to a recent drop in crude oil prices, raising concerns among banks expected to co-fund the deal, sources told Reuters. 

Greta and the gang: From Gaza dreams to passport control

Israel

Greta and the gang: From Gaza dreams to passport control

Greta Thunberg and other pro-Palestinian activists have been taken to Tel Aviv airport ahead of their deportation, the Israeli Foreign Ministry said on Tuesday, after the Israeli navy prevented them from sailing to Gaza.

Saudi Arabia revises Q1 GDP upward amid oil price pressures

Saudi Arabia

Saudi Arabia revises Q1 GDP upward amid oil price pressures

Saudi Arabia’s economy grew faster than initially expected in the first quarter of 2025, with revised government figures showing a 3.4% year-on-year increase in GDP — up from the earlier forecast of 2.7% published in May by the Saudi General Authority for Statistics.

Trump says meeting on Iran planned for Thursday

Iran

Trump says meeting on Iran planned for Thursday

U.S. President Donald Trump on Monday said the U.S. and Iran would continue talks on Thursday for a nuclear deal, adding that Tehran was a tough negotiator and that the main impediment to an agreement was over enrichment.

Saudi Arabia praised for High-Tech management of 2025 Hajj

Saudi Arabia

Saudi Arabia praised for High-Tech management of 2025 Hajj

Leaders of the Gulf Cooperation Council (GCC) countries have extended their congratulations to the Saudi leadership for the successful organization and execution of the 2025 Hajj pilgrimage, which drew nearly 1.4 million Muslim pilgrims since its start on Wednesday.

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