INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Saudi crown prince says ready for economic partnership with BRICS

Saudi Crown Prince Mohammed bin Salman.
  • The Russian president and the Saudi crown prince discussed the outlook for BRICS expansion.
  • The two leaders reviewed cooperation between the two countries within the OPEC+ agreement framework.

DUBAI, UAE – Saudi Arabian Crown Prince Mohammed bin Salman in a telephonic conversation with Russian President Vladimir Putin has expressed readiness to build an economic partnership with the BRICS countries.

The Saudi Press Agency said the two sides had discussed various issues at the BRICS summit, where Saudi Arabia was invited to join the community.

The agency also reported that the Russian president and the Saudi crown prince on Wednesday reviewed cooperation between the two countries within the framework of the OPEC+ agreement and agreed to keep working for the stability of the global energy market.

Earlier, the Kremlin’s press service said that the two leaders discussed cooperation on the OPEC+ forum, as well as the outlook for BRICS expansion.

It was reported that the agreements reached for reducing oil production, in combination with voluntary commitments to limit the supply of crude oil, would allow to keep the global energy market stable, the press service said in a statement.

The Saudi crown prince thanked Russia for supporting the Kingdom’s request for joining BRICS.