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....
Tag : Saudi Arabia
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....
UAE Crown Prince leads delegation to US-Gulf summit
UAE Crown Prince leads delegation to Riyadh for strategic US-GCC summit focused on regional stability and cooperation....
Saudi Arabia and India deepen cooperation with MoU on space and tech
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 regulations....
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 meeting of an OPEC+ ministerial panel. The unexpected move takes...
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 maiden visit to the country, the country’s army chief is...
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 expands its network to more than 100 destinations served by...