Middle East

The kingdom will keep its crude exports below 7 million barrels per day (bpd) in March, despite a maintenance shutdown of the 400,000 bpd SAMREF refinery, the Saudi energy ministry said, confirming a plan given earlier by industry sources.

A candidate for Pakistan’s upcoming election for prime minister, Bilawal Bhutto Zardari, lambasted President Trump for a tweet he sent out in January, in which he criticized the U.S. for providing $33 billion in aid to Pakistan over the course of the past 15 years.

Saudi Arabia's state-owned oil giant and Google parent Alphabet Inc., two of the world's biggest companies, are in talks about jointly building a large technology hub inside the kingdom, people familiar with the potential deal said.

Saudi Arabia wants to complete talks with strategic investors such as China, Japan and South Korea before deciding where to list shares in state oil company Saudi Aramco, three sources familiar with the discussions said.

Kacy Grine, Ares Holdings Chairman and advisor to Prince Al-Waleed, on Saudi Arabia’s corruption crackdown and efforts to ease foreign investors’ concerns.

Saudi Arabia has shortlisted New York, London and Hong Kong - singly or in a combination of two or even all three - for the international portion of the listing of national oil company Aramco.