Tag:

Saudi Arabia

Saudi Arabia denies allowing airspace use for offensive military operations

Saudi Arabia has denied reports that its airspace is being used to support offensive military operations, as regional tensions continue to rise following the ongoing conflict involving the United States, Israel, and Iran.

08 May 2026-12:58
Saudi Arabia halts US use of its military bases, airspace: Report

07 May 2026-10:52
Saudi Arabia posts $33.5B budget deficit on oil revenue drop

Saudi Arabia has recorded a sharp increase in its budget deficit, driven by declining oil revenues amid disruptions linked to the effective closure of the Strait of Hormuz.

06 May 2026-16:36
Over 47,000 Bangladeshi pilgrims reach Saudi Arabia for hajj

A total of 47,054 Bangladeshi Hajj pilgrims have so far reached Saudi Arabia through 120 Hajj flights.

06 May 2026-15:42
Saudi Arabia cuts June oil prices less than expected as Hormuz risks persist

Saudi Arabia has reduced its June official selling prices for crude oil to Asia, but the cut was smaller than expected, reflecting continued market uncertainty.

06 May 2026-15:37
Türkiye and Saudi Arabia plan visa easing agreement

Türkiye and Saudi Arabia are set to sign an agreement to ease visa requirements for holders of special and diplomatic passports during talks in Ankara on Wednesday, according to a Turkish diplomatic source.

06 May 2026-09:15
Türkiye and Saudi Arabia plan visa-free travel deal

05 May 2026-14:40
MSC launches truck and feeder service to bypass Strait of Hormuz

MSC, the world's largest container carrier, is launching a new service to minimize disruptions caused by the effective closure of the Strait of Hormuz.

03 May 2026-15:46
Boxing star Canelo Álvarez set for September comeback fight

Boxing superstar Canelo Álvarez is set to return to the ring in September, where he will face Christian Mbilli for the WBC super middleweight championship in Riyadh, Saudi Arabia, according to Mike Coppinger.

01 May 2026-16:48
UAE leaves OPEC: What comes next for the global oil market?

The World Bank expects commodity prices to rise to levels last seen in 2022, affecting not only oil and gas but also other raw materials, according to Bloomberg. Their global prices could increase by an average of 16 percent due to the war in Iran and related disruptions to supplies of oil, metals and fertilisers, World Bank experts say. As for energy commodities, the World Bank forecasts a 24 percent rise in prices. Brent crude, for example, is now expected to average $86 per barrel, up from the previous forecast of $60.

29 Apr 2026-15:52