Kuwait’s Q1 2026 trade exchange falls to 7.2 billion dinars, says government data
Total exports dropped by 20.5% to 4.502 billion dinars from 5.66 billion dinars in the Q1 2025. Imports declined as well, falling 12.3% to 2.734 billion dinars...
Tag : Saudi Arabia
Saudi construction cost growth stays moderate in May, says GASTAT
The Construction Cost Index was 2.65 higher than 2025, driven by increased equipment rental, labour, and energy costs in the property sect...
Saudi Arabia’s nominal GDP rises 6.3% in Q1 2026, finds report
Inflationary conditions within the Saudi economy remained stable, with the Consumer Price Index (CPI) remaining at 1.7% in April 2026...
Iran war, weak yen make Japan’s crude import troublesome affair
Japan, the world's fifth-largest oil importer, got just 850,000 bpd of crude oil in April, against the established capacity of over 2.3 million bpd...
Through Red Sea Express, Saudi eyes increasing non-oil exports
Red Sea Express has also been entrusted to attract investments and reinforce the ports' role as the Kingdom's key economic driver...
IF Insights: UAE stands to gain after exit from OPEC
Fitch sees the UAE's oil production remaining unaffected in the post-OPEC world, with revenues getting boosted in the longer term...
Sukuk issuance rises by 13.1% in GCC, Saudi Arabia leads the show
The Middle East witnessed a significant 13.1% hike in its Sukuk issuance, driven by strong local-currency borrowing in Saudi Arabia...
In a respite from Hormuz stalemate, MSC opens new express service
MSC's announcement will likely provide relief to the global supply chain players, as they respond to surging demand and mounting disruption...
Mohammed Bayahya: Transformative leader consolidating NCC’s finance
Mohammed Bayahya, through his visionary leadership, has transformed finance into a forward-looking partner to the business, supporting both operational excellence and strategic ambitions...
Saudi Arabia to host global electricity regulation summit
Electricity transformation takes focus as Saudi Electricity Regulatory Authority prepares to host global regulators in Riyadh for the 2027 summit...