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 $7.29, or 9.6%, to settle at $83.30 a barrel. U.S....
Tag : Saudi Arabia
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 and support a lasting settlement. Arnault serves as the Personal...
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 said it generated $572 million in free cash flow and...
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 of 59.9, according to data released by the GCC Statistical...
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, led the United Arab Emirates (UAE) delegation to the Gulf-US...
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, scheduled to begin on October 21. The three-day event, hosted...
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 Commission (CST) to enhance cooperation in communications and space technology....
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 insurance sectors, according to the General Authority for Statistics (GASTAT)....
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 this surge to several key reforms enacted in recent years....
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 Turkish aerospace and defense technology company, sealed a significant partnership...