Saudi King and Crown Prince Condole Kuwait

In a heartfelt gesture of solidarity, Saudi Arabia’s King Salman and Crown Prince Mohammed bin Salman expressed their deepest condolences to the Emir of Kuwait on Monday following the passing of Sheikh More »

Putin and Abbas Discuss Gaza Crisis

Russian President Vladimir Putin is set to meet with Palestinian President Mahmoud Abbas on Tuesday during Abbas’ visit to Russia. Arriving on Monday, Abbas aims to discuss the ongoing Gaza conflict with More »

Saudi Arabia Voices Strong Support for Gaza Peace Initiatives

Saudi Arabia has firmly aligned itself with the recent joint statement made by President Joe Biden of the United States, President Abdel Fattah El-Sisi of Egypt, and Sheikh Tamim bin Hamad Al-Thani, More »

Saudi Crown Prince, US Secretary of Defense discuss troop deployment

:: Saudi Arabia’s Crown Prince Mohammed bin Salman received a phone call on Wednesday from the US Secretary of Defense during which they discussed ongoing arrangements to send US troops of a More »

Saudi Energy Minister confirms restoration of Kingdom’s gas production capacity

:: Saudi Arabia’s Minister of Energy confirmed on Wednesday the restoration of production capacity, affirming the Kingdom’s position as a reliable energy supplier in the global market. The energy minister, Prince Abdulaziz More »

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Tag Archives: MAERSK

October 25, 2015

Maersk cuts profit forecast, hit by weak shipping market

A.P. Moller-Maersk cut its 2015 profit forecast by 15 percent, blaming a slowdown in the container shipping market that suggests a weakening global economy. The Danish conglomerate operates Maersk Line, the world’s largest container shipping company which transports roughly 20

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May 1, 2015

Maersk urges Iran to release crew

Danish shipping group A.P. Moeller-Maersk on Thursday urged Iran to release the crew of a chartered cargo vessel seized by Iran over a 10-year cargo dispute with an Iranian company. “We must insist that the crew and vessel are released

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