Bloomberg Saudi Arabia kept its spot as China’s biggest oil supplier for the first seven months this year after pumping record output in July, even as Russia threatens to overtake the kingdom in their contest for sales to the world’s largest energy consumer. The biggest crude exporter shipped an average of 1.05 million barrels a day to China in …

  Reuters The International Monetary Fund has approved a $723 million loan facility to Jordan in a three-year programme to support economic and financial reforms aimed at lowering public debt and accelerating growth, it said on Wednesday. The IMF said in a statement the first $72.3 million tranche was to be paid immediately, and the remaining amount would be disbursed …

  Reuters Sky Prime Aviation Services has become the latest aviation company in Saudi Arabia to be awarded a national air operator licence under an ongoing liberalisation of the kingdom’s aviation market. The company, which provides private jets, received the licence for chartered flights from Minister of Transport Sulaiman al-Hamdan during a ceremony in Riyadh, according to its Twitter feed. …