The move will authorize harsher penalties on the Iran-backed group, which has attacked Israel and disrupted global shipping trade in the Red Sea for over a year.
In the global energy market, Saudi Arabia and the United Arab Emirates (UAE) are powerhouses, boasting vast crude oil reserves, advanced technology, and substantial capital investments in energy ...
Saudi Arabia’s non-oil activities reached 50 percent of its GDP in 2023, a first for the Kingdom as it expands its investment to diversify its economy ...
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