Saudi Arabia is bracing for an unusually hot summer in 2026, as per the latest seasonal climate forecasts from the National Center for Meteorology. The …
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Saudi Arabia has demonstrated resilience in its mergers and acquisitions (M&A) landscape, recording 24 transactions worth $689 million in the first quarter of 2026. This …
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Hong Kong and Saudi Arabia are poised to enhance their collaboration across several crucial sectors, such as investment, renewable energy, technology, infrastructure, and financial services. This strategic move aims to …
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In a significant market shift, oil prices plunged over 2 percent on Friday, marking their steepest weekly drop since early April. This decline comes amid reports of a potential diplomatic …
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Saudi Arabia’s aviation sector witnessed a significant growth in 2025, with passenger numbers at Saudi airports increasing by 9.6 percent, reaching a total of 140.9 million. The General Authority for …
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Japan to Begin Biggest-Ever Oil Release as PM Warns Peace in Middle East Is Vital for All
by admin477351Prime Minister Sanae Takaichi has framed Japan’s biggest-ever oil reserve release as part of a broader commitment to peace and stability in the Middle East, announcing on Thursday the deployment …
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Treasury Secretary Bessent Eyes Iranian Tanker Fleet as Key to Solving Oil Price Surge
by admin477351Treasury Secretary Scott Bessent stepped into the heart of the global oil price debate Thursday, revealing that the United States could soon lift sanctions on Iranian oil sitting on tankers …
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Thursday’s Bank of England decision to hold rates at 3.75% is less about what the committee decided and more about what the world has become: a place where a war …
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Amid rising tensions in the Middle East, Saudi Crown Prince Mohammed bin Salman participated in a phone call with US President Donald Trump, joined by …