Saudi Shipper Bahri to Double Fleet in Expansion

By Anthony Di Paola (Bloomberg) — Saudi shipping company Bahri plans to nearly double its fleet and expand its share of the country’s trade, as the Middle Eastern energy producer strengthens its economy by channeling more business through its...

Saudi’s Bahri, IMI announce first order for Saudi-built ocean-going vessels

Image: Supplied Saudi National Shipping Company (Bahri) has placed an order for six dry bulk carriers from International Maritime Industries (IMI), marking the launch of the kingdom’s first large-scale shipbuilding project. The vessels will be...

Saudi-Pakistan defence pact: A mere illusion for Pakistan

As Saudi Arabia and Pakistan formalise a defence pact, questions arise over nuclear ambiguity, Gulf realignments, and India’s security calculus. While the deal signals tactical depth for Pakistan, structural limits may prevent a lasting strategic...

Energy diplomacy: How Sri Lanka can bridge trade gap with United States

Hambantota is Sri Lanka’s trump card For Sri Lanka, the United States is more than just a trading partner. It is the single most important destination for Sri Lankan exports, particularly apparel, and a market that sustains hundreds of thousands...

Saudi Arabia seeks to scrap foreign equity investor requirements

A Saudi woman walks at the Saudi stock market in Riyadh (file). Saudi Arabia is proposing to open its equities to all foreign investors by easing existing restrictions, as the regulators seek to boost flows into one of the region’s biggest...

Oil glut ‘exaggerated’ as Opec+ prepares for another output increase

Oversupply of oil in the market is “exaggerated”, and demand continues to remain strong, as Opec+ prepares for another production increase next month, analysts have said. The market is not “seeing the glut and it’s not evident yet in the physical...

Oil prices drop to four-month lows on oversupply concerns

NEW YORK: Oil prices fell over 1% to their lowest in four months on Thursday, extending a run of declines into a fourth day, due to concerns about oversupply in the market ahead of a meeting of the OPEC+ group over the weekend. Brent crude futures...

Saudi Riyal to Pakistani Rupee Rate- October 2, 2025

KARACHI/RIYADH- October 2, 2025: The Saudi Riyal (SAR) fell slightly to Rs75.00 against the Pakistani Rupee (PKR) in today’s open market, down from Rs75.01 on October 1 and notably lower than the July 28 peak of Rs76.03, according to currency...

Qatari Delegation Meets Myanmar Junta Ministers for Energy, Mining Talks

As Myanmar’s military regime tries to drum up foreign investment in its struggling energy sector, a Qatari delegation led by former defense minister and deputy prime minister Mohammed Al Attiyah met junta ministers in Naypyitaw on Tuesday to...

Saudi Health Ministry receives UN award for wellness initiatives

Saudi Arabia’s Ministry of Health has received a 2025 UN Inter-Agency Task Force Award for its policies targeting obesity and noncommunicable diseases, the Saudi Press Agency reported. The award was presented by the World Health Organization and...

Oil slumps to 16-week low on U.S. shutdown and possible OPEC+ plans

Oil prices slid for a third day in a row to a 16-week low on Wednesday as a U.S. government shutdown fed worries about the global economy, while traders expected more oil supply to come on the market with a planned output boost by OPEC+ next...

Libya’s Oil Revival: How Justice and Leadership Can Unlock Billions

A New Chapter in Libya’s Oil Sector After years of turbulence and uncertainty in Libya’s oil sector, a new chapter may be opening. The recent Supreme Court decision on June 29, 2025, fully acquitting Imad Ben Rajab marks more than a legal...

At Saudi comedy fest, American free speech becomes the punchline

RIYADH, Saudi Arabia -- For weeks, ridicule poured in against the American comedians set to perform this week in Saudi Arabia -- a country not known for its civil liberties. But by the time they took to the stage, the comedians had turned the joke...

Windoria acquires Saudi sauce manufacturer Al-Fursan

SAUDI ARABIA – Windoria, the newly created private-label food manufacturer formed through the merger of U.S.-based Winland Foods and Italy’s La Doria, has announced the acquisition of Saudi Arabian condiment producer Al-Fursan Al-Maghawear...

Meet Mashael Alqahtani: A Saudi screenwriter making waves with Two Sisters

Saudi screenwriter Mashael Alqahtani is quickly emerging as a powerful new voice in global cinema. Her latest work, the short film Two Sisters, has already captivated audiences on the international festival circuit and signals the arrival of a...

Fitness leaders reveal the future of Saudi Arabia’s fitness and wellness economy at FIBO Arabia

Discussions during the panel focused on price promotions and discount-driven marketing, learnings from developed markets and attracting new target audiences, including women and seniors FIBO Arabia takes place until Friday, 3 October at the Riyadh...

Neom and civils firms accused of ‘alarming dehumanisation’ of workers in Saudi Arabia

Neom and leading civil engineering and construction firms have been accused of fostering an “environment of alarming dehumanisation” of migrant workers in Saudi Arabia in a report from the Business & Human Rights Resource Centre. The report...

American Comedians Slammed For Attending Censored Saudi Comedy Festival

It might be the biggest comedy event of the year, the problem is, performers are not allowed to tell their usual jokes. It's the new Riyadh Comedy Festival, a gold plated oil tycoon party funded by the government of Saudi Arabia, and some of the...

Bill Burr Ripped For His Defense Of Performing In Saudi Arabia, Comedian Dragged For Being A Sellout And Hypocrite

Eric Canha-Imagn Images Audio By Carbonatix Bill Burr has defended his decision to perform at a recent comedy festival in Saudi Arabia. Burr is just one of many A-list comedians who took a check from the country that murdered U.S.-based journalist...

EU director-general calls Saudi Arabia ‘key partner’ for regional stability

“The main objective (of the visit) is to strengthen the relationship between the EU and Saudi Arabia,” Stefano Sannino said His position was created by the EU just seven months ago to strengthen ties with the region Lama Alhamawi RIYADH: The newly...