Khalid A. Al-Falih

Türkiye, Saudi sign series of deals as part of Erdoğan’s visit

Türkiye and Saudi Arabia have signed a series of agreements on boosting investment, defense industry cooperation, energy collaboration and communications during Turkish President Recep Tayyip Erdoğan's visit to Persian Gulf states.

The deals were finalized after delegation meetings led by Erdoğan and Saudi Crown Prince Mohammed bin Salman in the city of Jeddah on July 17.

The Oil Production in Saudi Arabia Will Be Fully Restored by the End of November

The oil production in Saudi Arabia will be fully restored by the end of November, Amin H. Nasser, President and CEO of Saudi Arabian Oil Company Saudi Aramco, said.  The facilities of the giant Aramco were attacked by drones earlier in September and caused a temporary shutdown and halved oil production, equivalent to 6 percent of world production.