Brent crude jumps 9.6% to $83.30 amid Hormuz risks
NEW YORK / RankWire.AI / – Oil prices surged nearly 10% on Monday as renewed U.S.-Iran conflict focused attention on the Strait of Hormuz. Brent...
Tag : Saudi Arabia
UN envoy cites regional push to end Middle East conflict
NEW YORK / MENA Newswire / — UN envoy Jean Arnault said regional agreement is emerging around a quick end to the Middle East conflict. He also...
ADNOC Gas posts resilient Q1 profit despite disruption
ADNOC Distribution reported record Q1 2026 profit and EBITDA growth as fuel volumes, retail sales and network expansion lifted results....
GCC beats global average in 2026 economic freedom index
GCC countries scored 66.9 in the 2026 Economic Freedom Index, beating the global 59.9 average as the UAE, Qatar and Oman led the bloc overall....
Saudi Arabia and India expand strategic partnership with new committees
Saudi Arabia and India have expanded their strategic council with four new committees targeting defence, culture, and global cooperation....
India and Saudi CST to work together on space and telecom
India’s TRAI signed an MoU with Saudi Arabia's CST to collaborate on communications and space technology, strengthening bilateral ties and advancing telecom and space sector...
Saudi Arabia and OPEC+ allies agree to cut oil output by 1.16 million bpd
Saudi Arabia and other OPEC+ oil producers announced further oil output cuts of around 1.16 million barrels per day on Sunday, ahead of a virtual...
Pakistan urgently seeks $3 billion from KSA after plunge in forex reserves
Pakistan has requested Saudi Arabia to urgently provide $3 billion in cash after its foreign exchange reserves fell to a critically low level. During his...
Flydubai resumes flights to Abha in Saudi Arabia
Dubai-based carrier flydubai announced the resumption of flights to Abha in Saudi Arabia from 23 June with a daily service. With this announcement, the carrier...