Saudi Arabia

HomeFinancialSaudi Arabia

Saudi Arabia Signs $150 Million Fuel Supply Agreement to Support Yemen’s Electricity Sector

Saudi Arabia and Yemen have signed a $150 million agreement to supply petroleum derivatives for electricity generation, reinforcing efforts to improve power services across...

UK and Gulf Cooperation Council Reach Historic Trade Pact to Improve Market Access

The Gulf trade deal marks a major step in economic cooperation between Britain and Gulf nations. The United Kingdom and the Gulf Cooperation Council...

Saudi Arabia Signs $150 Million Fuel Supply Agreement to Support Yemen’s Electricity Sector

Saudi Arabia and Yemen have signed a $150 million agreement to supply petroleum derivatives for electricity generation, reinforcing efforts to improve power services across...

More News

Saudi Arabia Signs $150 Million Fuel Supply Agreement to Support Yemen’s Electricity Sector

Saudi Arabia and Yemen have signed a $150 million agreement to supply petroleum derivatives for electricity generation, reinforcing efforts to improve power services across...

Saudi Contractor MGC Eyes Expansion Through Multi-Billion-Riyal Stock Market Listing

Saudi contractor Mutlaq Al-Ghowairi Contracting Company (MGC) plans to raise between SAR2.6 billion and SAR3 billion ($690 million to $800 million) through its upcoming...

UK and Gulf Cooperation Council Reach Historic Trade Pact to Improve Market Access

The Gulf trade deal marks a major step in economic cooperation between Britain and Gulf nations. The United Kingdom and the Gulf Cooperation Council...

Explore more

Saudi Arabia Signs $150 Million Fuel Supply Agreement to Support Yemen’s Electricity Sector

Saudi Arabia and Yemen have signed a $150 million agreement to supply petroleum derivatives for electricity generation, reinforcing efforts to improve power services across...

Saudi Contractor MGC Eyes Expansion Through Multi-Billion-Riyal Stock Market Listing

Saudi contractor Mutlaq Al-Ghowairi Contracting Company (MGC) plans to raise between SAR2.6 billion and SAR3 billion ($690 million to $800 million) through its upcoming...

UK and Gulf Cooperation Council Reach Historic Trade Pact to Improve Market Access

The Gulf trade deal marks a major step in economic cooperation between Britain and Gulf nations. The United Kingdom and the Gulf Cooperation Council...

Saudi Export-Import Bank Increases Credit Facilities by More Than 20 Percent in First Quarter of 2026

Saudi Export-Import Bank increased its credit facilities by more than 20 percent during the first quarter of 2026. The growth highlights Saudi Arabia’s ongoing...

Riyadh Capital Launches $400M Real Estate Fund to Develop Transit-Oriented Project Near Al Takhassusi Metro Station

Riyadh Capital launches $400M real estate fund for Riyadh transit project to develop a mixed-use TOD near Al-Takhassusi Metro Station, boosting Saudi investment, urban...

Riyadh Air US Expansion Advances as Saudi Carrier Applies for Flight Approval to The United States

Riyadh Air US expansion is accelerating as Riyadh Air formally applied to launch flights to the United States. The move marks a major step in Saudi...

Bank Profit Growth Continues at Arab Bank as Earnings, Loans, and Deposits Increase

Arab Bank Group reported strong financial results in early 2026. Bank profit growth continued through the first quarter. This performance reflected higher income and...

Saudi IPO Market Sees First Listing Since Regional Conflict Slowdown

Saudi IPO market shows renewed activity as a new listing enters the pipeline after a quiet period. Investor sentiment improves as deal flow begins...

Saudi Arabia and Jordan Advance Rail Link to Boost Trade and Logistics

Rail link development between Saudi Arabia and Jordan marks a major step in regional transport cooperation. The rail link plans aim to improve trade...

Saudi Arabia Industrial Output Rises in February on Mining and Oil Growth

Saudi Arabia’s industrial output growth accelerated in February, reflecting strong performance in mining and manufacturing sectors. The Industrial Production Index reached 114.6, up from...

Gulf Banks Face Q1 2026 Profit Challenges Amid Regional Conflicts

Gulf banks earnings are facing challenges in the first quarter of 2026 due to regional conflicts and shrinking lending margins. Analysts expect year-on-year declines...

Arab Economies Face Massive Losses Amid West Asia Conflict, Trade Disruptions, and Rising Unemployment

Arab economies’ losses are worsening as the ongoing conflict in West Asia continues to affect trade, jobs, and growth. According to UN analysts, these...