Oil Jumps Nearly 4% as Tanker Attacks Return, Yanbu Put on Alert

Brent rebounded to $98 after an 8% plunge, as new strikes on ships near Hormuz revived supply worries.

22 hours ago

Power Firm Acwa's Profit Jumps 71% on Gains From Co-Owned Plants

A strong third quarter lifted the developer's year back to flat, as financing and project costs keep rising.

22 hours ago

Nasdaq Sinks 5.5% on AI Spending Fears, Testing Saudi Tech Bets

US chip stocks led the worst day since April 2025, just as Aramco and PIF pour money into AI firm Humain.

22 hours ago

Gulf Buyout Firm BlueFive Joins $1.4 Billion Bid for Wendy’s

2 days ago

AI Firm Humain Faces US Chip Test as Democrats Take Congress

Saudi Arabia's AI ambitions run on American chips, and Washington is about to watch them more closely

2 days ago

Budget Airline Flynas' Profit Sinks 78% as War Lifts Fuel Bill

The only Saudi airline on the stock market gives a rare look at how the war is hitting travel, and October may be worse.

2 days ago

Land Fees Unlock Room for 70,000 Riyadh Homes as Owners Team Up

Nine months in, the tax on idle land is pushing plots into development, and owners now have a new way out.

2 days ago

Homebuilder Retal Hits Record Revenue, but Profit Slips 7%

Buyers keep coming despite the war, but finishing homes is getting more expensive.

2 days ago