Forest Fires Force Spain to Declare National Emergency in Madrid Region
MADRID: Following multiple wildfires that were out of control, Spain declared a national emergency late on Thursday in the Madrid region...
Saudi Manufacturing and Mining Sectors Power Double-Digit Revenue Growth
WASHINGTON: In light of recent Iranian attacks that have targeted Jordan and other US partners in the Middle East, Amman and Washington are...
Can Gulf AI Investments Overcome the Global Semiconductor Sell-Off?
Sharp fluctuations have followed a remarkable surge in semiconductor equities, prompting concerns for Gulf investors investing billions of...
What the New Saudi Cabinet Decision Means for Jointly Owned Properties in GCC
RIYADH: In an effort to improve the regulatory framework for jointly owned properties throughout the region, the Saudi Cabinet approved the...
How Saudi Arabia’s $1.42bn Sukuk Issuance Strengthens the Economy
RIYADH: According to official figures, Saudi Arabia generated SR5.35 billion ($1.42 billion) through its July issue under the...
Three Oil Tankers Stopped by Iran in the Strait of Hormuz Explained
Iran’s Revolutionary Guards announced on Thursday that they had prevented three oil tankers from travelling through the Strait of...
Crew Safe After Saudi-Owned Vessel Faces Attack in the Red Sea
The Saudi-owned ship ENCELIA was attacked in the Red Sea, which resulted in a fire, according to Al Ekhbariya, which reported the incident...
How Emiratisation Is Reshaping the UAE Private Sector Workforce
95% of the first-half targets for UAE private sector Emiratization were met. Over 190,000 Emiratis were employed nationwide in almost...
Saudi Banking Sector in 2026: Trends, Profits, and Market Outlook
RIYADH: According to market filings, Saudi Arabia’s biggest lenders, including Saudi National Bank, Al Rajhi Bank, and Riyad Bank,...
Saudi Arabia’s Growing Role in Hosting Major International Sporting Events
AL-KHOBAR: The 16th World Firefighters Games will take place in Alkhobar, Saudi Arabia, from November 5–13. Organizers anticipate that...
