Economy

South Korea and Saudi Arabia have had diplomatic relations for more than 60 years, but since 2015, when Crown Prince Mohammed bin Salman became actively involved in state affairs, relations between the two countries have received a new impetus for cooperation, expanding from the traditional sectors of oil trading and construction...

Recently, Egypt ratified its participation in the New Development Bank (NDB) founded by Brazil, Russia, India, China, and South Africa (BRICS) back in 2014. But interestingly, neither the New York Times nor any other mainstream western media outlet covered the news. Egyptian President...

The largest oil-producing countries, led by Saudi Arabia and Russia, decided on December 4 to maintain current production levels in the face of uncertainty and the entry into force of new sanctions against Moscow.  Representatives of the thirteen members of the Organization of the Petroleum Exporting Countries (OPEC), led by Riyadh, and their 10 allies, headed by Moscow, decided to stick to the course...