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Geostrategy
Masar signs $82m land deal
Agreements signed with Abdulmohsin Al Rossais & Sons Group.
Borouge okays $656m dividend
The company said dividend reflects its resilience
DEWA posts record H1 profit
Revenue reaches record $4.04 billion.
Tabreed H1 revenue $308m
Blurb: Profit reaches $52 million in H1
ADNOC L&S to expand fleet
It will acquire 11 carriers for $1.3bn.
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World Bank raises Saudi Arabia’s real GDP growth forecast to 7.9 percent in 2027
Saudi construction growth eases to four-month low in September
Hormuz traffic falls to lowest level in two months after surge in tanker attacks
Fitch sees Saudi fiscal pressure persisting through 2029
UAE, Tanzania launch Green Silk Road food corridor
Yemen fighting intensifies as Houthis target Aden, Saudi airports
US tightens Iran sanctions and warns foreign banks of penalties
UAE outward investment reaches $63.4 billion as global footprint expands
Yemen forces retake Mokha as Houthi war widens regional tensions
GCC outward workers’ remittances reach $161 billion in 2025
Musk sees aliens, tunnels in a candlelit G20 vision of the future
The seemingly disembodied billionaire Twitter owner appeared by video link on Monday to address business leaders in Bali on the sidelines of the G20 summit, only his face and hands visible on an otherwise black screen.