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SAUDI ARABIA ECONOMIC GROWTH
Gulf companies are set to reveal the unequal toll of Iran warGulf companies will reveal the regional financial impact of the conflict this week. Banks and real estate sectors face challenges due to in...- EU aviation agency tells operators to avoid Iran, Iraq airspace until August 31Aviation safety agency EASA has advised airlines to avoid Iran and Iraq airspace. This bulletin remains valid for these regions until Augus...
- Rupee rallies 50 paise as cheaper crude lifts sentimentThe Indian rupee saw its best day in nearly a month, gaining against the dollar. This rise followed reports of Saudi Arabia reducing crude ...
- Saudi Arabia launches Package Visa, aimed at integrating visa applications into curated travel bookingsSaudi Arabia has launched a new digital initiative called Package Visa. This program integrates tourist visa applications directly into tra...
- Global Market: Asian refiners turn to cheaper Gulf oil despite Saudi price cutsSaudi Arabia significantly reduced crude oil prices for Asian buyers this month. Rival Gulf producers are offering better value and deeper ...
- Global oil market weathers Iran war shock, but reserve depletion raises future price risksThe global oil market absorbed record supply disruptions during the Iran conflict without triggering a prolonged price shock. But analysts ...
- Saudi Arabia mulls big new plan, eyes post-war oil route reset to bypass volatile HormuzSaudi Arabia is considering expanding its crude oil pipeline capacity. This move aims to bypass the Strait of Hormuz for exports. Neighbour...
- The likely loser in Gulf's post-war race for oil market shareUnited Arab Emirates is leading oil producers in a fierce market share battle. Saudi Arabia and other Gulf nations are increasing exports s...
- Rupee rises 15 paise to 95.28 against US dollar in early tradeThe Indian rupee gained fifteen paise against the US dollar in early trade. Saudi Arabia's significant slash in August crude oil prices for...
- Saudi Arabia launches tourism package visa serviceSaudi Arabia is piloting a new integrated travel package for inbound tourists. This service will combine visa, flight, and accommodation bo...
- Saudi Arabia makes August crude oil cheaper for Asian buyersSaudi Arabia has significantly slashed its August Arab Light crude oil price for Asia, setting it at $1.50 a barrel below the Oman/Dubai av...
- Saudia’s flydeal launches India operations, begins direct daily Hyderabad-Riyadh flightSaudi Arabian low-cost carrier flyadeal has launched its inaugural service to India, with its first flight touching down in Hyderabad from ...
- Saudi Arabia's Riyadh Air to begin daily Mumbai flights from August 4Riyadh Air is set to launch daily direct flights between Riyadh and Mumbai starting August 4, marking its significant entry into the Indian...
- OPEC+ adjusts August production, reaffirms stability commitment; next meet August 2Seven OPEC+ nations, including Saudi Arabia and Russia, have agreed to a 188,000 barrels per day production adjustment starting August 2026...
- Saudi Arabia extends work permit compliance deadline for foreign workers until December 2026Saudi Arabia has granted a significant reprieve to foreign workers and their employers, extending the deadline to regularize work permit st...
- Money can't buy success in World Cup for gulf nations like Saudi Arabia and QatarGulf nations like Saudi Arabia and Qatar invested extensively in soccer and infrastructure, yet both faced disappointing exits from the Wor...
- World Cup 2026: Saudi Arabia, Qatar exits show money can't buy successDespite ambitious spending and notable player acquisitions, Gulf countries like Saudi Arabia and Qatar experienced disappointing World Cup ...
- An aggressive growth strategy and multi-city expansion bid, Umm Al Qura’s SAR 50 billion portfolioUmm Al Qura, developer of Makkah's Masar Destination, unveils a 2026–2030 strategy to expand across Makkah, Jeddah and Madinah, targeting a...
- FIFA: Money can't buy success in World Cup for gulf nations like Saudi Arabia and QatarGulf nations like Saudi Arabia and Qatar, despite significant investment in soccer and infrastructure, faced early exits from the World Cup...
- 1 km high, 167+ storeys: All about Jeddah Tower, the Saudi mega skyscraper set to surpass Burj KhalifaSaudi Arabia's Jeddah Tower has surpassed 100 floors, inching closer to its goal of becoming the world's tallest building at over 1,000 met...
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