Houthi Attacks on Saudi Airports and Oil Refinery Kill at Least 13
Iran-backed Houthi forces in Yemen launched coordinated missile and drone strikes against King Khalid International Airport in Riyadh, Abha airport and a Saudi Aramco refinery, killing at least 13 people and forcing flight suspensions as the United States considers a possible military response.
Two Merchant Ships Attacked by Drones and Projectiles in Strait of Hormuz
Two commercial vessels carrying 22 Indian sailors came under drone and projectile attacks while passing through the Strait of Hormuz, drawing international condemnation and raising fresh concerns about the security of a vital shipping route for global energy supplies.
Iran Says US Response on Strait of Hormuz Reopening Falls Short of Demands
Iranian security official Mohsen Rezaei said Washington had accepted some of Tehran's conditions for reopening the Strait of Hormuz but that its response remained insufficient, leaving negotiations stalled as regional tensions and shipping disruptions continue.
Saudi Aramco Warns Rebuilding Global Oil Reserves Could Take Two Years
Saudi Aramco Chief Executive Amin Nasser warned that replenishing roughly one billion barrels drawn from global emergency oil inventories could take up to two years, with crude prices near $100 a barrel remaining vulnerable to further disruption in the Strait of Hormuz.
UAE Prosecutors Uncover Alleged Suicide Attack Plot Targeting Israeli Airport
Prosecutors in the United Arab Emirates disclosed an alleged plot by a commercial airline co-pilot, reportedly radicalised abroad, to carry out a suicide attack against an Israeli airport, highlighting continuing aviation security concerns amid regional tensions.
Israel Plans High-Level Security Reviews Across Gaza, Lebanon, Syria and Iran
Israel's military and intelligence leadership has scheduled security consultations covering operations and threats involving Gaza, Lebanon, Syria and Iran, as the country manages simultaneous pressures across several regional fronts.
Saudi Arabia Reports Foreign Investment Reaching 1.14 Trillion Riyals
Saudi economic authorities reported foreign direct investment reaching 1.14 trillion riyals in the second quarter, an increase of 11%, as the kingdom continues attracting international capital under its Vision 2030 diversification programme despite regional security concerns.
Egypt Targets 5.4% Economic Growth With 3.7 Trillion Pound Investment Plan
Egypt's government has outlined an investment programme worth 3.7 trillion Egyptian pounds to support a 5.4% economic growth target in the coming fiscal year, with spending focused on modernising public administration and expanding agricultural production.
Iraq and Lebanon Advance Talks on Energy Supplies and Investment Support
Officials from Iraq and Lebanon are progressing negotiations on an economic cooperation agreement intended to secure more reliable energy supplies for Lebanon and attract Iraqi investment into essential infrastructure as the country struggles with persistent utility shortages.
Singapore's Temasek to Open Offices in Riyadh and Abu Dhabi Next Year
Singapore state investor Temasek plans to establish offices in Saudi Arabia and the United Arab Emirates early next year, expanding its regional presence and strengthening investment relationships with Gulf sovereign wealth funds, including Mubadala and the Qatar Investment Authority.
UAE Payment Provider Huru Partners With Paymentology and Bitpanda to Expand Digital Finance Services
Central Bank-licensed payments platform Huru has signed agreements with Paymentology and Bitpanda to extend its salary management services into regulated cryptocurrency brokerage and card payments, targeting one million new accounts across the United Arab Emirates.
Algeria Seeks Renewable Energy Investment at International Electricity Exhibition
Algerian energy officials and international developers gathered in Algiers for the second International Electricity and Renewable Energy Exhibition, focusing on investment in electricity network upgrades and renewable energy projects that could support future clean energy exports to Europe.
Two Merchant Ships Attacked by Drones and Projectiles in Strait of Hormuz
Two commercial vessels carrying 22 Indian sailors came under drone and projectile attacks while passing through the Strait of Hormuz, drawing international condemnation and raising fresh concerns about the security of a vital shipping route for global energy supplies.
Iran Says US Response on Strait of Hormuz Reopening Falls Short of Demands
Iranian security official Mohsen Rezaei said Washington had accepted some of Tehran's conditions for reopening the Strait of Hormuz but that its response remained insufficient, leaving negotiations stalled as regional tensions and shipping disruptions continue.
Saudi Aramco Warns Rebuilding Global Oil Reserves Could Take Two Years
Saudi Aramco Chief Executive Amin Nasser warned that replenishing roughly one billion barrels drawn from global emergency oil inventories could take up to two years, with crude prices near $100 a barrel remaining vulnerable to further disruption in the Strait of Hormuz.
UAE Prosecutors Uncover Alleged Suicide Attack Plot Targeting Israeli Airport
Prosecutors in the United Arab Emirates disclosed an alleged plot by a commercial airline co-pilot, reportedly radicalised abroad, to carry out a suicide attack against an Israeli airport, highlighting continuing aviation security concerns amid regional tensions.
Israel Plans High-Level Security Reviews Across Gaza, Lebanon, Syria and Iran
Israel's military and intelligence leadership has scheduled security consultations covering operations and threats involving Gaza, Lebanon, Syria and Iran, as the country manages simultaneous pressures across several regional fronts.
Saudi Arabia Reports Foreign Investment Reaching 1.14 Trillion Riyals
Saudi economic authorities reported foreign direct investment reaching 1.14 trillion riyals in the second quarter, an increase of 11%, as the kingdom continues attracting international capital under its Vision 2030 diversification programme despite regional security concerns.
Egypt Targets 5.4% Economic Growth With 3.7 Trillion Pound Investment Plan
Egypt's government has outlined an investment programme worth 3.7 trillion Egyptian pounds to support a 5.4% economic growth target in the coming fiscal year, with spending focused on modernising public administration and expanding agricultural production.
Iraq and Lebanon Advance Talks on Energy Supplies and Investment Support
Officials from Iraq and Lebanon are progressing negotiations on an economic cooperation agreement intended to secure more reliable energy supplies for Lebanon and attract Iraqi investment into essential infrastructure as the country struggles with persistent utility shortages.
Singapore's Temasek to Open Offices in Riyadh and Abu Dhabi Next Year
Singapore state investor Temasek plans to establish offices in Saudi Arabia and the United Arab Emirates early next year, expanding its regional presence and strengthening investment relationships with Gulf sovereign wealth funds, including Mubadala and the Qatar Investment Authority.
UAE Payment Provider Huru Partners With Paymentology and Bitpanda to Expand Digital Finance Services
Central Bank-licensed payments platform Huru has signed agreements with Paymentology and Bitpanda to extend its salary management services into regulated cryptocurrency brokerage and card payments, targeting one million new accounts across the United Arab Emirates.
Algeria Seeks Renewable Energy Investment at International Electricity Exhibition
Algerian energy officials and international developers gathered in Algiers for the second International Electricity and Renewable Energy Exhibition, focusing on investment in electricity network upgrades and renewable energy projects that could support future clean energy exports to Europe.