Loading
Stay informed on the latest legal, regulatory, business and market developments relevant to Saudi Arabia and the region.
The chief of US Central Command, Brad Cooper, flew over the Strait of Hormuz in an army helicopter on Sunday as CENTCOM said American forces had helped Gulf partners export more than 1.5 billion barrels of crude oil since the summer.
The chief of US Central Command, Brad Cooper, flew over the Strait of Hormuz in a CH-47 Chinook helicopter on Sunday as the command said US forces had helped Gulf partners export more than 1.5 billion barrels of crude oil since the summer.
US Central Command on Sunday said it helped Gulf countries export 1.5 billion barrels of oil via the Strait of Hormuz since summer, bypassing an Iranian blockade.
The world’s poorest economies are receiving only a fraction of the investment pouring into artificial intelligence, semiconductors, clean energy and critical minerals, UN Secretary-General Antonio Guterres warned on Sunday, urging governments and investors to…
Syrian Transport Minister Yarub Badr discussed cooperation and investment opportunities in Syria’s transport sector with Ibrahim bin Ali Al-Balushi, CEO of Oman Automotive Industries Co., focusing on bus supply and manufacturing, modern transport solutions…
Egypt’s readiness to support Saudi Arabia carries a message that extends beyond the immediate confrontation with the Houthis. It expresses a judgment about the consequences of allowing attacks on a major Arab state to become a recurring instrument of regional…
Saudi Crown Prince Mohammed bin Salman and Greek Prime Minister Kyriakos Mitsotakis held talks on Sunday in Riyadh, pledging to deepen cooperation on energy, investment and digital connectivity as the countries marked 100 years of diplomatic relations.
Saudi Arabia’s Tadawul All Share Index slipped on Sunday, losing 257.36 points, or 2.65 percent, to close at 9,438.50. Trading turnover on the main market reached SR4.31 billion ($1.14 billion), with 30 stocks advancing and 348 declining, while 35 remained…
Recent attacks on Saudi Arabia are accelerating the Kingdom's efforts to develop domestic military industries, rather than disrupting its localization plans, Bandar Al-Khorayef, the acting governor of the General Authority for Military Industries, told Arab…
Saudi Arabia’s military spending localization rate reached 27.3 percent by the end of 2025, up from 4 percent in 2018, according to figures presented at the Military Industries Forum in Riyadh on Sunday.
Saudi King Salman has ordered a series of measures to support citizens following a proposal by Crown Prince Mohammed bin Salman, as Saudi Electricity Company and National Water Company announced changes to electricity and water consumption rates effective…
For more than seven decades, oil has been at the heart of Saudi Arabia’s economic transformation. But as global oil prices have repeatedly demonstrated, an economy overly exposed to a single commodity is vulnerable to forces beyond its control.