Middle East crude exports return to pre-Iran war levels as ‘Hormuz Plus One’ kicks in
At least 16.5 mbd of crude oil left the region between September 1 and 28, matching the pre-war average excluding Iran...
Tag : Saudi Arabia
BlackRock eyes USD 100 billion GCC investment shift, infra and private markets to benefit
The governments have expanded spending on infrastructure, industry and digital assets while seeking to monetise or privatise state-owned businesses...
Saudi crude oil exports hit four-month high as East-West Pipeline boosts shipments
The Kingdom's crude oil production increased to 8.135 million bpd from June's 7.122 million bpd, stated the Joint Organizations Data Initiative...
Saudi mining industry thrives with ESNAD guidance
At the core of ESNAD’s success is its relentless commitment to digital transformation, a cornerstone of efficiency, transparency, and innovation...
Chips, AI and critical minerals: The world is building two economies
As the US-China divide hardens, the question for middle powers is no longer about picking a side, but whether they can resist choosing at all...
East-West pipeline attack: Saudi offers crude via Sohar Port, cancels European cargoes
Saudi Aramco has offered its flagship Arab Light grade, as well as Arab Medium and Arab Heavy, to Asian buyers for loading off Sohar...
Saudi Arabia discovers 110 million tonnes of uranium-bearing ore
The breakthrough discovery strengthens Riyadh’s mining and civilian nuclear ambitions as it seeks to develop domestic critical-mineral resources...
Raya Financing accelerates growth in Saudi Arabia
Net profit after Zakat increased by 73% to SAR 40.3 million, while operating profit before Zakat and expected credit losses reached SAR 99.3 million...
Saudi’s East-West Pipeline shutdown threatens 4% of global oil supply
Saudi Arabia has shut down pipeline following drone attacks on the vital crude conduit, amid the war-related disruption in the Strait of Hormuz...
PIF launches company to develop Al-Khafji as Kingdom’s mega coastal tourism hub
Gulf Coast Development Company will build 16,000 homes, 1,400 hotel rooms and a 10km waterfront as Saudi Arabia expands tourism investment...