#Saudi Arabia
articles
Oil Prices Slip as Gulf Supply Fears Ease and IEA Cuts Demand Outlook
Brent crude fell 1.5% to $104.40 a barrel as investors unwound part of the geopolitical risk premium tied to Houthi atta...
Saudi Arabia's Advance Intl Sees Growing Demand for Security Solutions
Advance Intl, a Saudi-based company, is experiencing growing demand for its security solutions in the Kingdom and intern...
Fire Near Aramco Riyadh Facility Unclaimed as Saudi-Houthi Hostilities Intensify
Smoke and flames were reported near an Aramco site in Riyadh with no confirmed cause, no claim of responsibility and no ...
Iran Puts Onus on U.S. to End Seven-Month War as China Pushes De-escalation
Iran's president says Washington must choose to end the seven-month war, while Houthi strikes on Saudi Arabia and a coll...
Gulf of Oman Ship-to-Ship Oil Transfers Hit Record 7.2m b/d as Saudi Exports Reroute
Record STS transfer volumes of 7.2m b/d and VLCC rates above $1m/day show Middle East tanker trade rerouting after Saudi...
Houthi Capture of Bab el-Mandeb Turns Yemen Conflict into a Global Trade Risk
The Houthis' seizure of Mokha and Mayyoun Island puts the Bab el-Mandeb chokepoint at the centre of a widening conflict ...
Oil Markets Shift From Iran War Sprint to Marathon as Saudi Pipeline and Red Sea Route Crumble
With crude above $100, the widening conflict is no longer a short-lived supply shock: Saudi pipeline attacks, Houthi Red...
Attack Reports in Hormuz and a Saudi Pipeline Shutdown Raise Global Oil Supply Fears
New attacks near the Strait of Hormuz and the temporary closure of Saudi Arabia's East-West pipeline threaten a route ca...
Saudi Arabia Halts East-West Oil Pipeline After Drone Attack
A precautionary shutdown of the pipeline carrying 4–5% of global crude compounds Red Sea and Hormuz disruptions, pushing...
Alshaya Group Brings Chipotle to Saudi Arabia with First Riyadh Restaurant
Alshaya Group is launching Chipotle Mexican Grill in Saudi Arabia with a Riyadh debut at Sidra, next to Granada Mall, ex...
Japan's Foreign Minister to Visit Saudi Arabia and Oman to Press for Shipping-Safety De-escalation
Motegi will meet officials in Riyadh and Muscat from 17–22 August, focusing on Middle East de-escalation and safe passag...
Saudi Arabia Details Licensing Steps for Egyptian Contractors Eyeing Vision 2030 Projects
Saudi Arabia's investment ministry has published the licensing pathway Egyptian construction firms must follow to regist...
Japan Condemns Houthi Attacks on Saudi Oil Tankers and Civilians in Red Sea
Japan has strongly denounced Houthi attacks on Saudi crude tankers, oil facilities and civilian targets, warning of esca...
Aldrees Powers Up Net Profit 28%, Yet Stock Stays Stuck
Strong Q2 numbers from fuel stations and logistics show Aldrees capitalising on Saudi Vision 2030 spending, but investor...
MENA M&A Deals Dip to $46.7bn in H1 2026, but Q2 Momentum Signals Market Resilience
EY’s H1 report records 390 deals worth $46.7bn, down from 434 a year ago, yet surging Q2 activity and large-scale transa...
Saudi Arabia, Turkey and Pakistan Sign Joint Defence Pact in Mecca
The 'Mecca Joint Defence Agreement' treats an attack on one as an attack on all, amid rising Israeli and Iranian asserti...
Saudi Arabia, Pakistan, and Turkey forge mutual defense pact as regional security orders realign
The Mecca Joint Defense Agreement binds the three nations to view any armed attack on one as an attack on all, but falls...
Saudi Arabia Warns of Imminent Coordinated Attacks on Ports and Energy Sites by Iran Allies
Intelligence reports indicate imminent drone and missile strikes by Iraqi militias and Houthi rebels on Saudi civilian a...
Deadly Houthi Strikes on Saudi Soil and Oil Tankers Put Red Sea Export Route at Risk
The deadliest Houthi assault in years killed dozens of fighters and wounded civilians in Saudi Arabia, while attacks on ...
Fuchs Shares Dip After Fire Damages Saudi Joint Venture Plant
A fire severely damaged Fuchs Petrolub's Saudi JV plant, but the company says the financial impact is contained — shares...
Saudi Arabia's Economy Shrinks 4.8% in Q2, Sharpest Drop Since Pandemic
Preliminary data show Saudi GDP fell 4.8% year on year in Q2 2026 as the Strait of Hormuz crisis cut oil output by 24.7%...
Ardara and Sumou Start $1 Billion Second Phase of Abha's Al Wadi Development
PIF-backed Ardara and Sumou Holding have launched the SAR4 billion second phase of the Al Wadi mixed-use project in Abha...
Saudi Arabia leads 14-nation naval force to secure Red Sea trade routes as oil pushes toward $90
Saudi Arabia announced a 14-nation maritime defense coalition to protect Red Sea shipping from Houthi attacks, a move th...
Oil Swings as Saudi-Led Red Sea Defense Pact Eases Supply Fears, But Hormuz Risk Lingers
Brent crude briefly topped $93 before turning lower, pulled between a 14-nation naval coalition for Red Sea security and...
Saudi Arabia Leads New Multinational Maritime Defense Alliance, Hosts Permanent HQ in Riyadh
Founding nations announce a collective defence framework to secure the Bab el-Mandeb, Red Sea, and Gulf of Aden, with Sa...
Saudi Arabia Forges 14-Nation Alliance to Defend Red Sea Shipping from Houthi Attacks
Riyadh announces a defensive maritime coalition spanning the Gulf, Pakistan, Turkey and Egypt after repeated Houthi stri...
Saudi Arabia Strikes Iran-Backed Militias After Drone Attacks on Oil Facilities
Riyadh joined US airstrikes on militia targets in Iraq after a wave of drone attacks on its petroleum infrastructure, si...
Saudi Arabia Rallies Nations for Red Sea Naval Coalition as Houthi Blockade Threatens Global Oil Flows
Riyadh is in talks with dozens of countries to secure vital shipping lanes after Houthi attacks escalated the Iran proxy...
IMF Says Saudi Economy Resilient, Projects 5.5% Growth Next Year
The IMF's Article IV review hails Saudi Arabia's economic reforms, non-oil momentum, and AI potential as geopolitical te...
US Intercepts Iranian Missiles, Strikes Militias with Saudi Arabia Amid Escalating Strait of Hormuz Conflict
US military says all missiles aimed at American forces downed; warns of further action if attacks on troops or Saudi ene...