BUSINESS

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Bahrain’s economy grows 3.5% in 2025 as non-oil sectors drive expansion 

Bahrain’s economy grows 3.5% in 2025 as non-oil sectors...

JEDDAH: Bahrain’s economy grew 3.5 percent in 2025, driven by a 4.1 percent expa...

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Middle East conflict could test sukuk legal contracts: S&P

Middle East conflict could test sukuk legal contracts: ...

RIYADH: The ongoing conflcit in the Middle East could expose weaknesses in the l...

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Middle East tensions drive Saudi domestic tourism to double-digit growth

Middle East tensions drive Saudi domestic tourism to do...

RIYADH: Geopolitical tensions in the Middle East, coupled with the closure of so...

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PIF commits $550m to Lucid as Uber expands robotaxi partnership 

PIF commits $550m to Lucid as Uber expands robotaxi par...

RIYADH: Saudi Arabia’s Public Investment Fund has committed a fresh $550 million...

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Closing Bell: Saudi main index rises to close at 11,486

Closing Bell: Saudi main index rises to close at 11,486

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Tuesday, gaining 59.41 po...

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IMF cuts MENA growth forecast to 1.1% on Iran war

IMF cuts MENA growth forecast to 1.1% on Iran war

DUBAI/WASHINGTON: The International Monetary Fund sharply reduced its 2026 growt...

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Oil prices fall as supply concerns ease on hopes for US-Iran talks

Oil prices fall as supply concerns ease on hopes for US...

LONDON: Oil prices fell on Tuesday as signs of possible talks to end the US-Isra...

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Gulf economies’ strength supported regional stability during the war: IMF’s managing director

Gulf economies’ strength supported regional stability d...

RIYADH: The Managing Director of the International Monetary Fund, Kristalina Geo...

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Iran war upends IEA’s global oil market outlook

Iran war upends IEA’s global oil market outlook

LONDON: The International Energy Agency sharply ​cut its forecasts for global oi...

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Saudi hospitality prices decline by up to 12% amid increased supply

Saudi hospitality prices decline by up to 12% amid incr...

RIYADH: Serviced apartments and other hospitality facilities in Saudi Arabia saw...

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Bahrain’s aluminum producer Alba shuts down 3 smelting lines, cutting 19% of capacity

Bahrain’s aluminum producer Alba shuts down 3 smelting ...

RIYADH: Bahrain’s aluminum producer Alba has shutdown 19 percent of its 1.6 mill...

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Saudi Arabia’s producer prices edge up 0.4%: GASTAT 

Saudi Arabia’s producer prices edge up 0.4%: GASTAT 

RIYADH: Saudi Arabia’s producer prices rose 0.4 percent in January from a year e...

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Jordan’s free trade agreements drive 73% of exports

Jordan’s free trade agreements drive 73% of exports

RIYADH: Countries linked to Jordan through free trade agreements accounted for 7...

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Egyptian banks seen resilient to Iran conflict shocks, Fitch says

Egyptian banks seen resilient to Iran conflict shocks, ...

RIYADH: Egypt’s banking sector is positioned to absorb the potential economic sp...

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Oman import prices jump 14.8% on machinery costs 

Oman import prices jump 14.8% on machinery costs 

RIYADH: Oman’s import prices recorded a sharp increase in the final quarter of 2...

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Australia-Saudi Business Chamber forms emergency committee to safeguard trade flows

Australia-Saudi Business Chamber forms emergency commit...

RIYADH: The Australia-Saudi Business Chamber has formed an emergency working com...