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Stay informed on the latest legal, regulatory, business and market developments relevant to Saudi Arabia and the region.
Oman has opened new areas for mineral exploration to international investors as it seeks to attract foreign capital and reduce its dependence on oil and gas revenues.
Almarai, Saudi Arabia’s largest food and beverage company, has entered the red meat business as it seeks to diversify beyond dairy. The listed company is investing SAR500 million ($133 million) to develop the Haboor brand of locally produced beef, it said in…
The UAE and Canada have signed a free trade agreement aimed at doubling bilateral commerce over the next decade. The pact will remove or reduce tariffs on most Canadian exports to the UAE, opening opportunities for manufacturers, agricultural producers and…
UAE telco Etisalat (formerly e&) said selling its entire stake in the UK’s Vodafone helped to boost net profit in the first nine months of this year, along with an increase by more than a quarter in its subscriber base.
Kuwaiti investors are expanding their interests in English lower-league football, with a group agreeing to take control of Slough Town. Development Holding Company (DH) said in a statement it had agreed to acquire a stake in A23 Football Group Limited, the…
Several listed Saudi companies have warned they expect their direct costs to rise after the government announced revisions to electricity and water tariffs effective January 1, 2027.
Oil prices rose in early Wednesday trading after Yemeni Houthi militants claimed to have struck Saudi Arabia’s biggest refinery and Abha International Airport, raising concerns about potential supply disruption.
A Saudi-backed sports technology company is using AI to identify potential football superstars overlooked by conventional scouting networks. Discovering the next Cristiano Ronaldo, who plays for Saudi Arabia’s Al Nassr, offers clubs a precious competitive…
Saudi Aramco is investing in oil storage as it seeks to offer stronger operational resilience in the event of future energy shocks like those experienced this year.
Saudi Arabia has assembled the building blocks of a global gaming empire, but faces the challenge of managing its buyout of games developer Electronic Arts, shedding debt and integrating its acquisitions with its domestic startups.
Houthi attacks on Saudi Arabia are upending Riyadh Air’s launch by forcing it to shift operations away from the capital and cancel flights, disrupting the new airline’s efforts to establish itself as a premium name in global aviation.