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Global Air Cargo Demand Plummets 4.8% Amid Middle East Conflict
Escalating conflicts in the region cause supply chain disruptions and major declines in air freight volumes.
SAMA Grants Two New Consumer Finance Licenses to Fintech Firms
Saudi Central Bank Expands Digital Lending Market with Licenses for Dufaa Co. and Tak Mal for Financing Co.
Oil Prices Surge as Concerns Grow Over Extended Blockade of Strait of Hormuz
Brent Crude Hits One-Month High Amidst Fears of Prolonged Supply Disruptions from Middle East Region
Saudi Arabia's Fiber Optic Home Connections Surge by 260% Over Decade
Rural mobile network coverage in Saudi Arabia also sees significant growth; 5G towers increase sixfold.
Stc Saudi Arabia Profits Exceed Estimates in Q1 2026
Saudi Telecom Co. reports increased net profit and revenues in the first quarter of 2026, beating analyst expectations.
SABIC Returns to Profit in Q1 2026, Posting Net Earnings of $3.52 Million
Chemical producer attributes rise in net profit to decline in other operating expenses and ongoing cost control measures.
Asian Development Bank Cuts Regional Growth Forecasts Amid War in Middle East
ADB President Masato Kanda noted the significant downward revision due to the war's impact on energy prices, financial conditions, and economic activity across Asia.
Oil Prices Surge as Markets Remain Cautionary Over Iran War Uncertainty
Uncertainty surrounding the end of the Iran war leads to mixed stock performance and increased oil prices.
Qatar's Consumer Prices Rise 0.76% in March
Higher food and transport costs drive inflation trend
Ministry of Investment, Shareek Sign Deals with Saudi Energy for Digital Infrastructure, Data Localization
Initiative aimed at developing digital infrastructure, strengthening data localization, and enhancing readiness to attract high-value investments in the data center sector.
Adherence to Taif Accord Key for Settlement in Lebanon
Saudi Ambassador highlights importance of agreement in addressing ongoing crisis
GCC Ambassadors Meet in Poland to Foster Regional Cooperation and Strengthen Ties
Ambassadors from GCC countries discuss joint cooperation, regional developments, and enhancing bilateral relations with Poland.
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Russian Oligarch’s Superyacht Crosses Hormuz via Iran-Controlled Route
Crypto Scammers Capitalize on Maritime Chaos Near the Strait of Hormuz: A Rising Threat to Shipping Companies
Changi Airport: How Singapore Engineered the World’s Most Efficient Travel Experience
News Roundup
Microsoft lost 2.5 millions users (French government) to Linux
Strategic Saudi-Bahrain Causeway Closed Amid Security Concerns as Trump Deadline Approaches
Saudi Arabia Keeps Red Sea Oil Exports Flowing Despite Regional Tensions
Pipeline Attack Cuts Significant Share of Saudi Arabia’s Oil Export Capacity
Saudi Business Leader Abudawood Appointed Chairman of Merit Incentives Group
TotalEnergies Confirms Damage at Saudi Refinery Following Security Incident
Saudi Arabia Launches Early Construction Phase for King Salman Stadium Project
Saudi Shift Away from Longstanding Dollar Oil Framework Gains Attention Amid Iran Conflict
Türkiye and Saudi Arabia Resolve Long-Running Transit Visa Dispute
Saudi Oil Capacity and Pipeline Flows Reduced as Supply Risks Intensify
TotalEnergies Reports Damage to Saudi SATORP Refinery Following Security Incidents
Gulf States Assess Prospects of U.S.-Iran Truce as Regional Stability Efforts Intensify
South Korea Resumes Honey Exports to Saudi Arabia Following Sanitary Approval
Saudi Arabia Carries Out Sentences in Eastern Province Following Security Convictions
Saudi Sovereign Wealth Fund Backs King Street’s Regional Credit Strategy
Saudi Arabia Secures World Cup Return as Egypt Celebrates Landmark Qualification
Iran and Saudi Arabia Intensify Diplomatic Engagement Amid Regional Tensions
Russia and Saudi Arabia Open Visa-Free Travel Corridor for Citizens
Saudi Oil Output Capacity Reduced by 600,000 Barrels Per Day Amid Regional Conflict
Saudi Arabia Suspends Operations at Select Energy Sites as Precautionary Measure
Saudi Arabia Halts Operations at Multiple Energy Facilities Amid Heightened Tensions
Global Markets Jolt as Iran Signals Ceasefire Breakdown and Rising Regional Tensions
King Street Aligns with Saudi Sovereign Wealth Fund to Expand Alternative Investments in Middle East
Attack on Saudi Arabia’s Jubail Petrochemical Hub Raises Global Supply Concerns
Debate Emerges Over Saudi Strategic Decisions as Gulf Cooperation Council Dynamics Come Into Focus
Saudi Arabia Expands Full Workforce Localisation to 69 Professions in Major Labour Reform
Emerging Alliance of Pakistan, Turkey, Egypt and Saudi Arabia Signals New Regional Power Dynamic Amid Iran Conflict
Iran Linked to Strikes Across Gulf States Following Refinery Attack Escalation
Saudi Arabia Voices Concern Over Fragile US–Iran Ceasefire Stability
Starmer Warns Sustained Effort Needed to Ensure US–Iran Ceasefire Holds
Saudi Arabia’s Key East-West Oil Pipeline Targeted Following Ceasefire Announcement
Iran Targets Saudi Arabia’s East-West Oil Pipeline in Escalating Regional Tensions
Trump Warns of Civilizational Stakes as Iran Halts Negotiations
Saudi Companies Expand Remote Work Measures Ahead of Iran-Related Security Concerns
Iran Warns of Strikes on Saudi Energy Infrastructure if US Targets Its Facilities
Iran Urges Civilians to Form Human Shields Around Nuclear Sites as Diplomatic Deadline Approaches
Saudi Arabia Raises Oil Prices to Record Premiums Amid Supply Pressures Linked to Iran Conflict
Key Saudi-Bahrain Causeway Closed Amid Heightened Security Concerns Linked to Iran
Formula One Calendar Gap Explained as Fans Await Next Grand Prix
Growing Strain on the Petrodollar System Comes Into Focus Amid Iran Conflict
Reported Strike on Saudi Arabia’s Jubail Complex Raises Global Energy Supply Concerns
FedEx Introduces New Digital Tool to Streamline Imports into Saudi Arabia
Iran Claims Strike on Saudi Arabia’s Jubail Petrochemical Complex Amid Rising Regional Tensions
Taiwan to Source Oil Shipments from Saudi Arabia’s Red Sea Ports
Saudi Arabia Evacuates Riyadh Financial District as Precaution Amid Regional Tensions
Saudi Arabia Balances Ambitious Economic Vision Amid Regional Tensions and Financial Pressures
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