Saudi Trade Surplus Climbs

Saudi trade surplus surged 70 percent in November 2025, reaching SAR22.3 billion ($5.9 billion). The increase reflects strong performance in petroleum exports and rising...

Gulf Financial Ties Strengthen

Saudi Trade Surplus Climbs

Saudi trade surplus surged 70 percent in November 2025, reaching SAR22.3 billion ($5.9 billion). The increase reflects strong performance in petroleum exports and rising non-oil sales. Analysts say this growth shows the Kingdom’s expanding global trade influence. The surplus rose SAR9.2 billion from November 2024, when it reached SAR13.1 billion. Month-on-month, it increased by SAR1.1 billion, up 5.2 percent compared...

Iran and Russia Launch Joint Naval Drill in Gulf of Oman

Iran and Russia launched a joint naval drill Thursday in the Gulf of Oman and northern Indian Ocean. The naval drill aims to strengthen...

Industrial Innovation in Saudi 2026

The World Advanced Manufacturing and Logistics (WAM) Saudi Summit and Expo 2026 wrapped up after three days of discussions, demonstrations, and collaboration. The event...

Iraq and UAE Vehicle Assembly Partnership

Iraq and the UAE have signed a vehicle assembly partnership to develop local manufacturing. The agreement will focus on assembling, producing, and marketing various...

Saudi Trade Surplus Climbs

Saudi trade surplus surged 70 percent in November 2025, reaching SAR22.3 billion ($5.9 billion). The increase reflects strong performance in petroleum exports and rising non-oil sales. Analysts say this growth shows the Kingdom’s expanding global trade influence. The surplus rose SAR9.2 billion from November 2024, when it reached SAR13.1 billion. Month-on-month, it increased by SAR1.1 billion, up 5.2 percent compared...

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