Saudi merchandise exports rise 3.9% as trade surplus surges 328.8% Business

Saudi merchandise exports rise 3.9% as trade surplus surges 328.8%

RIYADH — Saudi Arabia’s merchandise exports increased 3.9 percent in May 2026 compared with the same month last year, driven by a 19.5 percent increase in oil exports, according to the General Authority for Statistics (GASTAT). The report showed that the merchandise trade surplus also surged 328.8 percent year-on-year. Non-oil exports, including re-exports, declined 26.1 […]

Greek-operated air defence system shoots down missiles over Saudi Finance

Greek-operated air defence system shoots down missiles over Saudi

Greek-operated Air Defence System Shoots Down Missiles Targeting Saudi Refineries Missile Attack on Saudi Refineries and Greek Response Incident Overview ATHENS, July 25 (Reuters) – An air defence system operated by Greek military personnel in Saudi Arabia intercepted two ballistic missiles launched from Yemen on Saturday towards oil refineries in Yanbu, Greek security sources told […]

US-Iran war spreads as Saudi Arabia, Houthis trade airstrikes in Red Sea escalation – AOL National

US-Iran war spreads as Saudi Arabia, Houthis trade airstrikes in Red Sea escalation – AOL

WASHINGTON — The widening US war with Iran spilled into another flashpoint Saturday as Saudi Arabia and Yemen’s Houthi terrorists traded airstrikes, raising fears that fighting is spreading into another critical shipping corridor. The latest escalation comes just days after the Iran-backed Houthis attacked several Saudi commercial vessels in the Bab el-Mandeb Strait — a […]

Can Saudi Arabia turn supply chain disruptions into long-term opportunities? Business

Can Saudi Arabia turn supply chain disruptions into long-term opportunities?

RIYADH: The recent escalation of tensions involving the US, Iran and Israel, coupled with prolonged disruption to Red Sea shipping, has accelerated a rethink of global trade routes and supply chain strategies. As businesses seek more resilient logistics networks, Saudi Arabia sees an opportunity to convert short-term geopolitical disruption into long-term economic gains through Vision […]