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SAUDI ARABIAN ECONOMY
Saudi Arabia spends $83 billion on defence. Why are missiles and drones still getting through?Saudi Arabia has invested significantly in defense, spending approximately $83 billion in 2025. Houthi rebels have increasingly targeted cr...- Global Market: Japan’s Nikkei slides over 2% as AI stock selloff deepens on US chip weaknessJapan’s Nikkei 225 fell 2.64%, extending losses to four sessions as AI-related and semiconductor stocks declined amid Wall Street weakness....
- Dollar stays near 18-month high as Mideast conflict, inflation data in focusThe dollar's steadiness reflects a cautious market responding to geopolitical stresses in the Middle East, which have dampened investor con...
- Saudi Arabia's flyadeal launches non-stop flights from Mumbai to Riyadh, expands India operationsflyadeal is set to commence non-stop flights between Mumbai and Riyadh starting October 3, operating five times weekly. The airline, which ...
- Why did market rise today? Sensex jumps 564 pts, Nifty closes above 23,400. 4 key factors driving the surgeIndian stock markets saw gains on Monday, with Sensex and Nifty rising. Cooling oil prices and strong global cues boosted investor sentimen...
- Gold prices fall Rs 1,331/10 gram, silver dips Rs 1,600/kg as Mideast tensions outweigh oil fall: Key levels to trackGold and silver prices snapped a two-day rally on Monday, dropping on the MCX amid escalating US-Iran geopolitical tensions and central ban...
- Russia squeezed, Saudi route hit, China circles: Why India's oil bill could get heavierIndia is encountering soaring costs for crude oil imports due to ongoing global supply chain issues. Disruptions in Saudi oil export infras...
- Houthis' Yemen advance leaves Gulf states with uncomfortable choiceThe Houthi capture of Yemen's Red Sea coastline is strengthening Iran's leverage over Gulf energy routes, forcing Saudi Arabia and its neig...
- Houthi advance in Yemen puts U.S. in a new bindA Houthi advance along Yemen’s coast and seizure of Perim island have increased the group’s ability to threaten the Bab el-Mandeb Strait, r...
- Saudi Arabia faces fresh Red Sea threat as Houthi gains, pipeline shutdown rattle kingdomHouthi rebels are advancing, threatening a vital Red Sea shipping route. Drone attacks have forced a major pipeline closure, impacting glob...
- What are Iran's options to retaliate as open warfare resumes with the US?The US launched a fresh wave of attacks on Iran, prompting Iranian missile strikes on what Tehran said were US assets in Jordan, Bahrain, K...
- Saudi Arabia's flyadeal to operate 5 weekly Riyadh-Mumbai flights from October 3Saudi low-cost carrier flyadeal will begin five weekly flights connecting Riyadh and Mumbai. This new service adds over seven thousand seat...
- Oil prices surge 20% in July as US-Iran war heightens Strait of Hormuz tensionsOil prices saw volatility last week but are set for significant monthly gains. Escalating United States-Iran tensions and Houthi attacks ar...
- Saudi Arabia signs pact with Turkey's Baykar Tech to localise drone manufacturingInvestments and funding from the Gulf have helped relieve pressure on Turkey's economy and its currency reserves since 2021.
- Saudi Arabia weighs boosting Pakistan investment to $10 bln -reportOn Monday, international donors - including Saudi Arabia - committed over $9 billion to help Pakistan recover from ruinous floods last year...
- Credit Suisse expands Saudi operations after securing banking licenseThe bank, which has been offering investment banking, asset management and other services in Saudi Arabia since 2005, will now provide serv...
- Saudi Arabia’s great run seems headed for troubleA big cohort of idle young adults with high unemployment and relatively light child-care duties could be a volatile mix. Political scientis...
- Saudi prince ranks top in Arab rich listPrince Alwaleed bin Talal was ranked the richest Arab businessman by Arabian Business magazine for the seventh year after adding more than ...
- Saudi cbank confirms tighter bank lending curbsSaudi Arabia's central bank has raised bank reserve requirements to 12 per cent beginning from April first week.
- Saudi Arabia is new hub for Indian firmsOver 190 Indian firms have got licenses from the Saudi Arabian Investment Authority over the past two years.
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