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...
Tag : Saudi Arabia
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...
Euro Stoxx 50 return, Saudi expansion extend Nokia’s stunning comeback
In 2026, Nokia's stocks have remained more than double their price seen at the same time in 2025, helped by the company's AI focus...
BNP Paribas establishes regional hub in Riyadh as Saudi solidifies financial ambitions
France’s largest bank now joins over 750 multinationals in Saudi Arabia’s push to become a premier financial centre in the Middle East...
Aramco and Maaden dig deep into Saudi Arabia’s USD 2.5 trillion mineral wealth
New joint venture will explore 182,000 sq km for copper, rare earths and other critical minerals as Riyadh accelerates its post-oil diversification drive...
Barn’s: Expanding globally through an integrated operating model
Read the story of how a Saudi Arabia-based coffee brand is scaling internationally without compromising on quality...
Brookfield accumulates capital worth USD 2 billion for Middle East Fund
BMEP leverages Brookfield’s expertise in the Middle East and across its broader global network to pursue buyouts and other investment opportunities...
With 84% share, Saudi Arabia emerges as Gulf’s top dividend market
As per global asset manager Janus Henderson, Saudi Aramco remained the single largest dividend payer in the global index...
Saudi’s Islamic banking continues to expand due to ‘Vision 2030,’ says S&P
Taking note of Islamic banking's rise at the global level, the ratings agency also said that the sector represented about 76% of the Gulf major's banking assets...
Saudi economy stays resilient amid Iran war, retains top Fitch ratings
As per the Fitch, Saudi to grow 0.6% in 2026, reflecting trade disruptions due to the Hormuz tensions, before rebounding in 2027...