Brent crude jumps 9.6% to $83.30 amid Hormuz risks
Oil prices surged nearly 10% on Monday as renewed U.S.-Iran conflict focused attention on the Strait of Hormuz. Brent crude futures for September delivery gained...
Tag : Saudi Arabia
UN envoy cites regional push to end Middle East conflict
UN envoy Jean Arnault said regional agreement is emerging around a quick end to the Middle East conflict. He also cited the need to restore trust...
ADNOC Gas posts resilient Q1 profit despite disruption
ADNOC Gas reported first quarter net income of $1.1 billion, underscoring resilient earnings despite disruption to maritime movements through the Strait of Hormuz. The company...
GCC beats global average in 2026 economic freedom index
MUSCAT: Gulf Cooperation Council countries outperformed the global average in the 2026 Economic Freedom Index, with the bloc posting an average score of 66.9 against a world average...
Riyadh summit highlights GCC-US strategic partnership
On behalf of President Sheikh Mohamed bin Zayed Al Nahyan, His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi,...
Arabian Leopard Conservation Conference begins October 21 in Sharjah
MENA Newswire News Desk: The Environment and Protected Areas Authority (EPAA) in Sharjah has confirmed the final preparations for the “Arabian Leopard Conservation Strategy” Conference,...
India-Saudi Arabia sign MoU for joint space and communications efforts
MENA Newswire News Desk: India's Telecommunications Regulatory Authority of India (TRAI) has signed a Memorandum of Understanding (MoU) with Saudi Arabia's Communications, Space and Technology...
Saudi Arabia’s non-oil economy grows 4.9% in second quarter of 2024
MENA Newswire News Desk: Saudi Arabia’s non-oil activities surged by 4.9% year-on-year in the second quarter of 2024, propelled by robust growth in the financial and...
Saudi Arabia’s FDI stock surges to $215 billion in 2023
Saudi Arabia's Foreign Direct Investment (FDI) has experienced significant growth, reaching nearly $215 billion in 2023. Khalid Al Falih, the Saudi Minister of Investment, attributes...
Edge, Turkish Aerospace forge partnership at World Defence Show
At the prestigious World Defence Show in Riyadh, Saudi Arabia, today, EDGE, a global leader in advanced technology and defense, and Turkish Aerospace, a prominent...