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Saudi Construction Activity Surges 82% as PIF Takes a Back Seat and Private Investment Gains Momentum

Saudi construction growth has accelerated sharply in 2026 despite changes in government-backed project spending. Contractor awards reached $32 billion during the first half of...

Saudi Arabia Raises $3.25 Billion Through Two-Tranche Sukuk as Strong Investor Demand Supports 2026 Borrowing Plans

Saudi sukuk attracted strong investor interest as Riyadh raised $3.25 billion through a new two-tranche issuance. The latest transaction highlights Saudi Arabia’s continued access...

Saudi Construction Activity Surges 82% as PIF Takes a Back Seat and Private Investment Gains Momentum

Saudi construction growth has accelerated sharply in 2026 despite changes in government-backed project spending. Contractor awards reached $32 billion during the first half of...

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Saudi Construction Activity Surges 82% as PIF Takes a Back Seat and Private Investment Gains Momentum

Saudi construction growth has accelerated sharply in 2026 despite changes in government-backed project spending. Contractor awards reached $32 billion during the first half of...

Saudi-UAE Payment Delays Raise Costs for Businesses and Disrupt Cross-Border Trade

Payment delays between Saudi Arabia and the UAE are creating growing challenges for businesses. Companies now face longer transfers, additional checks, and higher transaction...

Saudi Arabia Raises $3.25 Billion Through Two-Tranche Sukuk as Strong Investor Demand Supports 2026 Borrowing Plans

Saudi sukuk attracted strong investor interest as Riyadh raised $3.25 billion through a new two-tranche issuance. The latest transaction highlights Saudi Arabia’s continued access...

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Riyadh Evacuation Alert: KAFD Cleared Amid Potential Iranian Missile and Drone Threats

Riyadh evacuation alert came after authorities warned of potential Iranian missile and drone attacks. The government cleared the King Abdullah Financial District (KAFD), the...

Gulf Air Expands Dammam Operations as Bahrain Airport Closure Disrupts Regional Flights

Gulf Air is rapidly expanding its operations in Saudi Arabia as Bahrain’s airport closure forces the airline to reshape its regional network. The move...

Donald Trump Suggests Seizing Iran’s Oil Hub as U.S.-Iran Conflict Escalates

U.S. President Donald Trump said he wants to take Iran’s oil and suggested that American troops could seize the country’s Kharg Island export hub....

Saudi Arabia Launches Open Banking Licensing, Paving the Way for Fintech Growth

Saudi Arabia has taken a major step in its financial transformation by launching formal Open Banking licensing. The move marks a significant shift in...

WEF Postpones Jeddah Meeting Amid Gulf Tensions

The World Economic Forum has postponed a major Saudi meeting, adding fresh pressure to the region’s business event calendar as conflict risks reshape investor...

U.S. Dollar Strengthens Amid Rising Gulf Tensions

The U.S. dollar recovered against major currencies on Tuesday amid rising tensions in the Gulf. The UAE and Saudi Arabia signaled a tougher line...

Wall Street Futures Jump After Trump Delays Iran Strikes

Wall Street futures surged on Monday after U.S. President Donald Trump announced a delay in planned military strikes on Iran. The move helped calm...

Jazeera Airways Launches Daily Flights to UAE and Saudi Arabia Amid Regional Disruptions

Jazeera Airways has announced the launch of daily flights connecting Saudi Arabia and the United Arab Emirates. The new service aims to maintain regional...

Gulf Tensions Cancel CBSE Exams for Thousands of Students

Rising regional tensions have disrupted education across the Gulf region. The CBSE exam cancellation now affects thousands of Indian students studying in West Asia....

First India-Bound Tanker Passes Strait of Hormuz Since Regional Conflict

The Liberia-flagged tanker Shenlong Suezmax arrived at Mumbai Port this Wednesday with a vital shipment of Saudi Arabian crude. This vessel became the first...

Saudi Arabia Considers Multi-Million-Dollar Ukrainian Drone Defense Purchase

Saudi Arabia is currently negotiating a deal with Ukraine to purchase specialized interceptor drones. These systems neutralize Iranian-made Shahed strike drones that recently targeted...

Over 10,000 Chinese Travelers Safely Return from Gulf

China successfully coordinated the safe return of more than 10,000 citizens this Tuesday. These travelers arrived from the United Arab Emirates, Oman, and Saudi...