UAE state-owned defence conglomerate Edge Group has begun talks to secure drone engines after acquiring a controlling stake in Italian engineering company CMD.
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Markets dislike surprises, and the first half of October brought plenty. Between Oct. 6 and Oct. 12, Houthi missiles and drones struck three Saudi airports, including King Khalid International in Riyadh, the home base of Riyadh Air.
Saudi Arabia’s Ambassador to the US Princess Reema bint Bandar has called on the international community to designate Yemen’s Houthis as a terrorist organization, warning that the Iran-backed militia poses a growing threat to regional security, global trade…
Saudi Arabia’s markets regulator has proposed giving shareholders more power over listed companies, from demanding in-person assemblies to pushing loss-making firms to publish recovery plans.
Yemeni Houthis have carried out further attacks on Saudi Arabia, pushing oil prices higher on Friday. The Iran-aligned militia said it had hit several Saudi Aramco facilities.
