UAEs 5 Largest Banks Post $10.37bn Combined Profit In H1, Up 7.8%
RIYADH: The five largest banks in the UAE reported a combined net profit of 38.1 billion dirhams ($10.37 billion) in the... Read more
Fewer Than 20 Ships Transit Key Strait Of Hormuz Over Weekend, Data Shows
SINGAPORE: Fewer than 20 commodity vessels transited the Strait of Hormuz at the weekend, shipping data showed on Monday... Read more
French Investment In Kingdom Worth $19b Expands Into AI, Digital Infrastructure, Culture, Mining
PARIS: French investment in Saudi Arabia is expanding beyond traditional sectors such as energy and manufacturing into ... Read more
Closing Bell: Saudi Main Index Closes In Green At 11,174
RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Monday, gaining 95.45 points, or 0.86 percent, to close at 11,1... Read more
Omans Public Revenues Rise 13% To $17.2bn In H1
JEDDAH: Oman’s public revenues rose 13 percent to 6.60 billion Omani rials ($17.2 billion) in the first half, driven b... Read more
Startup Wrap: MENA Deals Spotlight AI, Expansion, And Strategic Consolidation
RIYADH: Startups across the Middle East and North Africa continue to attract investor interest and pursue strategic expa... Read more
Why Housing And Schooling Benefits Are Becoming Key To Attracting Global Talent To Saudi Arabia
CAIRO: As Saudi Arabia competes globally for highly specialized talent, employers are increasingly recognizing that attr... Read more
Saudi Arabia Gears Up To Export Green Hydrogen
ALKHOBAR: Saudi Arabia is positioning itself as a major exporter of green hydrogen as the world seeks cleaner fuels for ... Read more
Oil Fluctuating As US, Allies Work To Boost Supply, Unchoke Strait Of Hormuz
LONDON: Oil prices swung on Friday as the US outlined moves to manage the supply crisis, while leading European nat... Read more
War Turns Paradise African Island Into Luxury Car Showroom
LAMU, Kenya: Fancy a shiny new Porsche? You could do a lot worse than book a ticket to the paradise island of Lamu off ... Read more
Analysts Warn Of Long-term LNG Market Shift, Dismiss Immediate Supply Crisis Fears
RIYADH: Following QatarEnergy’s announcement that missile strikes have knocked out 17 percent of the country’s lique... Read more
Gas Traders Brace For Market Disruption After Targeting Of Ras Laffan In Qatar
RIYADH: Natural gas traders are preparing for market disruptions after Qatar announced that the complex housing the worl... Read more
Saudi Tech Event LEAP Rescheduled For Late August Amid Iran War
RIYADH: Saudi Arabia’s LEAP technology conference, which generated more than $42 billion in investment across its fir... Read more
Saudi Arabias Sovereign Credit Quality To Stay Resilient Amid Middle East Conflict: Moodys
RIYADH: Saudi Arabia’s credit quality will stay resilient amid the US-Israel conflict with Iran as the Kingdom can mi... Read more
Six Philippine Firms Explore Saudi Expansion, Industrial Partnerships
JEDDAH: Six Philippine companies, part of a delegation that visited Saudi Arabia, explored investment and commercial op... Read more