Business

Saudi Tadawul Leads Best GCC Market Month in 7 Months

Saudi Arabia's Tadawul index surged 5.1% in August, leading a broad GCC stock ma...

US-Iran Clashes Reignite Over Strait of Hormuz Crisis

Iran and the US exchanged fire for the first time in a month after strikes near ...

Aramco and Ma'aden Launch Saudi Arabia's Copper Search

Aramco and Ma'aden have signed a deal to explore nearly 10% of Saudi Arabia for ...

New Murabba Replaces CEO Amid Saudi Giga-Project Reset

Saudi giga-project developer New Murabba has replaced CEO Michael Dyke with PIF ...

Saudi Fintech Loans to Industry Jump 130% in 2026

Saudi fintech lending to industrial projects hit a record $144 million in H1 202...

Saudi Date Exports Hit Record $533 Million in 2026

Saudi date exports have climbed nearly 60% in five years, reaching close to $533...

Saudi Arabia's Industrial Base Surges Past 13,660 Facil...

Saudi Arabia's industrial establishments rose to 13,660 in 2026, with occupancy ...

Oil Prices Fall on Iran-Oman Hormuz

Brent and WTI crude tumble over 2% as Iran and Oman discuss a temporary corridor...

Oil Prices Fall as US Rolls Out New Iran Sanctions

Crude prices dropped Monday as the US unveiled a sweeping new sanctions package ...

Saudi NDF Approves $112M for Gaming, Esports Growth

Saudi Arabia's National Development Fund has approved more than $112 million to ...

Saudi Tadawul Index Rises to 11,231 in Tuesday Trade

Saudi Arabia's Tadawul All Share Index gained 0.51% to close at 11,231.61 on Tue...

Saudi Construction Sector Rebounds With SR3tn Pipeline

Saudi Arabia's construction industry is regaining momentum as contract awards ri...

Hormuz Tensions Threaten Saudi Oil Exports Anew

As the US threatens fresh sanctions and Iran warns ships in the Strait of Hormuz...

Oil Prices Rise on Trump's Iran Sanctions Threat

Brent and WTI crude rose Friday after Trump threatened fresh sanctions on Iran's...

Aramco Reroutes Oil Cargoes Amid Houthi Shipping Threat

Saudi Aramco is shifting crude exports through Egypt's Sidi Kerir and resuming G...

Saudi GDP Contracts 4.8% in Q2 2026 on Oil Slump

Saudi Arabia's economy shrank 4.8% year-on-year in Q2 2026 as oil activity plung...