The initiative, announced by the Saudi Ministry of Defence, aims to strengthen coordination among Red Sea littoral states to safeguard one of the world’s busiest maritime corridors, which carries an estimated 12% of global trade and serves as a critical route for oil, liquefied natural gas (LNG), and container shipments between Europe, Asia and […]
Zain KSA, the leading digital services provider in Saudi Arabia, has announced the commercial rollout of 5G-Advanced (5G+), becoming the first company in the Kingdom to offer the technology to its customers. The milestone builds on Zain KSA’s leadership in advancing the Kingdom’s digital infrastructure, following the successful launch of Saudi Arabia’s first […]
According to Israeli officials who spoke with the American network, when Netanyahu entered through the same door the previous day, he presented Trump with the opposite message and expressed doubt that diplomatic efforts with Iran would produce results. Instead, the officials said, the two discussed options for increasing pressure on Iran, including the possibility of […]
Eleven commodity vessels pass through the Bab el-Mandeb strait on Sunday, the lowest level in months Published Mon, Jul 27, 2026 · 08:35 AM — Updated Mon, Jul 27, 2026 · 03:03 PM [SINGAPORE] Ship traffic through Bab el-Mandeb fell on Sunday (Jul 26) after Yemeni Houthis attacked Saudi oil installations along the Red Sea […]
Saudi Arabia has extended a $5 billion financial facility for Pakistan until December 2028, easing the country’s external financing pressure as Islamabad continues economic reforms under an International Monetary Fund (IMF) programme. Saudi Arabia now holds $8 billion in deposits with Pakistan after providing an additional $3 billion earlier this year, reaffirming its role as […]
The Saudi Water Authority (SWA) announced on Tuesday the local manufacturing of energy recovery devices (ERDs), one of the strategic products in the desalination industry, through the establishment of the world’s first manufacturing facility of its kind outside the United States. This specialized technology, previously manufactured exclusively in the US market, will now be produced […]
The tanker market in the Middle East is about to experience significant shifts, with Saudi Arabia now shifting its strategy, as a result of the war in the region and its long-term impact in the relations between the countries in the area moving forward. In its latest weekly report, shipbroker Xclusiv said that “the latest […]
On June 22, the United States announced that it had signed a nuclear cooperation agreement with Saudi Arabia. This type of agreement broadly authorizes trade in nuclear technology, equipment, and materials, but only if the agreement and the country in question meet defined nonproliferation requirements. They are called Section 123 agreements for the section of […]
Iraq strikes and missile barrage The U.S.-Saudi operation came after a reported lull, and the CBC report said the flare-up on multiple fronts raised the risk of a return to all-out war. The Washington Post described Trump’s response as a threat to hit Iran “hard,” following U.S. officials saying Iran had launched a ballistic missile […]
DP World opens first multi-client warehousing facility in Saudi Arabia. Image courtesy: WAM The opening comes as Saudi Arabia continues to accelerate investment in supply chain infrastructure under Vision 2030 Staff Writer | WAM (Emirates News Agency) DP World has started operations at its first multi-client third-party logistics […]
