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Top related persons:
Aziz El Yaakoubi - 2 Sultan Ahmed Al Jaber - 1 Luiz Inacio Lula da Silva - 1 Ueslei Marcelino - 1 Jaber - 1 Suhail - 1 Mazrouei - 1 Sultan al - 1
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RIYADH Saudi Arabia Saudi Riyadh Hangar Belem , Para State Brazil United Arab Emirates
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Thomson - 2 UAE Industry - 1 Amazon - 1 REUTERS - 1 UAE - 1 Energy - 1 United Arab - 1 Organization of Petroleum Exporting - 1

Search resuls for: "Aziz El Yaakoubi Pesha Magid"


2 mentions found


☆ OPEC leaders make case for fossil fuels at Riyadh climate event
  + stars: | 2023-10-08 | by ( Aziz El Yaakoubi Pesha Magid | Aziz El Yaakoubi | Pesha Magid | ) www.reuters.com   time to read: +3 min
Energy ministers from Saudi Arabia, the United Arab Emirates and Iraq, the three largest members of the Organization of Petroleum Exporting Countries (OPEC), have gathered in the Saudi capital Riyadh for the U.N. MENA climate week. The UAE will host the COP28 climate summit scheduled to take place in Dubai between Nov. 30 and Dec. 12. He has argued for a more inclusive COP that brings the oil and gas industry into the climate debate and allows it to be part of the solution through decarbonisation initiatives. Saudi Energy Minister Prince Abdulaziz bin Salman also said the industry should not be stigmatised and the world still needed hydrocarbons. "There is a case for us to be in oil and gas," he told the audience.
Persons: Sultan Ahmed Al Jaber, Luiz Inacio Lula da Silva, Ueslei Marcelino, Jaber, Suhail, Mazrouei, Sultan al, Prince Abdulaziz bin Salman, Aziz El Yaakoubi, Pesha Majid, Maha El, Toby Chopra, Barbara Lewis Organizations: UAE Industry, Amazon, REUTERS, UAE, Energy, United Arab, Organization of Petroleum Exporting, UAE Energy, Saudi Energy, Thomson Locations: Hangar, Belem , Para State, Brazil, RIYADH, Saudi Arabia, United Arab Emirates, Iraq, Saudi, Riyadh, UAE, Dubai, OPEC, COP28
☆ Saudi Arabia to tap international debt markets as deficits return
  + stars: | 2023-10-01 | by ( Aziz El Yaakoubi Pesha Magid | Aziz El Yaakoubi | Pesha Magid | ) www.reuters.com   time to read: +2 min
RIYADH, Oct 1 (Reuters) - Saudi Arabia is expected to tap the international debt markets to finance a projected budget deficit in 2023-2024, the finance ministry said, against a backdrop of lower oil prices and the country's extended oil production cuts. Both deficits are estimated at 161 billion riyals ($43 billion). Saudi Arabia is working to prepare an annual borrowing plan in accordance with a medium-term debt strategy and "access global debt markets to enhance the kingdom's position in international markets", the finance ministry said. This has pushed total revenue estimates for 2023 up to 1,180 billion riyals from an earlier projection of 1,130 billion riyals, the finance ministry said. Meanwhile, total expenditure is seen rising to 1,262 billion riyals in 2023, from an earlier estimate of 1,114 billion riyals, before slowing down marginally to 1,251 billion riyals in 2024.
Persons: Aziz El Yaakoubi, Jane Merriman Organizations: Saudi Aramco, Al, Thomson Locations: RIYADH, Saudi Arabia, Riyadh, Saudi, Al Rajhi
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