<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
     xmlns:dc="http://purl.org/dc/elements/1.1/"
     xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
     xmlns:admin="http://webns.net/mvcb/"
     xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#"
     xmlns:content="http://purl.org/rss/1.0/modules/content/"
     xmlns:media="http://search.yahoo.com/mrss/">
<channel>
<title>Gulf Ecomonics &#45; : BUSINESS</title>
<link>https://gulfecomonics.com/rss/category/business</link>
<description>Gulf Ecomonics &#45; : BUSINESS</description>
<dc:language>en</dc:language>
<dc:rights>Copyright 2026 Gulf Ecomonics &#45; All Rights Reserved.</dc:rights>

<item>
<title>Bahrain’s economy grows 3.5% in 2025 as non&#45;oil sectors drive expansion </title>
<link>https://gulfecomonics.com/bahrains-economy-grows-35-in-2025-as-non-oil-sectors-drive-expansion</link>
<guid>https://gulfecomonics.com/bahrains-economy-grows-35-in-2025-as-non-oil-sectors-drive-expansion</guid>
<description><![CDATA[ JEDDAH: Bahrain’s economy grew 3.5 percent in 2025, driven by a 4.1 percent expansion in non-oil sectors that offset a contraction in oil output, according to official data. 

	Non-oil activities accounted for 85.8 percent of gross domestic product at constant prices, underscoring the increasing role of diversified sectors in supporting growth, the Ministry of Finance and National Economy said in its Bahrain Economic Report 2025, citing preliminary data from the Information and eGovernment Authority.  ]]></description>
<enclosure url="https://www.arabnews.com/sites/default/files/styles/660x371_watermarksaudi/public/main-image/2026/04/14/4702612-2134471409.jpg" length="49398" type="image/jpeg"/>
<pubDate>Mon, 04 May 2026 21:00:12 +0800</pubDate>
<dc:creator>Tomas Kauer - News Moderator</dc:creator>
<media:keywords>Bahrain’s, economy, grows, 3.5, 2025, non-oil, sectors, drive, expansion </media:keywords>
<content:encoded><![CDATA[JEDDAH: Bahrain’s economy grew 3.5 percent in 2025, driven by a 4.1 percent expansion in non-oil sectors that offset a contraction in oil output, according to official data. 

	Non-oil activities accounted for 85.8 percent of gross domestic product at constant prices, underscoring the increasing role of diversified sectors in supporting growth, the Ministry of Finance and National Economy said in its Bahrain Economic Report 2025, citing preliminary data from the Information and eGovernment Authority. ]]> </content:encoded>
</item>

<item>
<title>Middle East conflict could test sukuk legal contracts: S&amp;amp;amp;P</title>
<link>https://gulfecomonics.com/middle-east-conflict-could-test-sukuk-legal-contracts-sp</link>
<guid>https://gulfecomonics.com/middle-east-conflict-could-test-sukuk-legal-contracts-sp</guid>
<description><![CDATA[ RIYADH: The ongoing conflcit in the Middle East could expose weaknesses in the legal structures of sukuk, particularly where the bonds are backed by physical assets that may be damaged in attacks, S&amp;P Global Ratings said. 

	The agency said a small portion of sukuk it rates could face risks of total or partial loss if underlying assets are hit, raising questions about how well existing protections would work in a prolonged conflict.  ]]></description>
<enclosure url="https://www.arabnews.com/sites/default/files/styles/660x371_watermarksaudi/public/main-image/2026/04/14/4702645-1868403336.jpg" length="49398" type="image/jpeg"/>
<pubDate>Mon, 04 May 2026 21:00:12 +0800</pubDate>
<dc:creator>Tomas Kauer - News Moderator</dc:creator>
<media:keywords>Middle, East, conflict, could, test, sukuk, legal, contracts:, S&amp;ampP</media:keywords>
<content:encoded><![CDATA[RIYADH: The ongoing conflcit in the Middle East could expose weaknesses in the legal structures of sukuk, particularly where the bonds are backed by physical assets that may be damaged in attacks, S&P Global Ratings said. 

	The agency said a small portion of sukuk it rates could face risks of total or partial loss if underlying assets are hit, raising questions about how well existing protections would work in a prolonged conflict. ]]> </content:encoded>
</item>

<item>
<title>Middle East tensions drive Saudi domestic tourism to double&#45;digit growth</title>
<link>https://gulfecomonics.com/middle-east-tensions-drive-saudi-domestic-tourism-to-double-digit-growth</link>
<guid>https://gulfecomonics.com/middle-east-tensions-drive-saudi-domestic-tourism-to-double-digit-growth</guid>
<description><![CDATA[ RIYADH: Geopolitical tensions in the Middle East, coupled with the closure of some airspaces, have led to a redirection of travel toward domestic destinations.

	Growing demand for nearby, stable destinations with easier access within the Kingdom drove double-digit growth in domestic tourism, experts told Al-Eqtisadiah.

	Data from the Ministry of Tourism confirms this trend, showing that the number of domestic tourists reached SR28.9 million ($7.7 million) during the first quarter of 2026, a 16 percent year-on-year increase. ]]></description>
<enclosure url="https://www.arabnews.com/sites/default/files/styles/660x371_watermarksaudi/public/main-image/2026/04/14/4702664-1996522009.jpg" length="49398" type="image/jpeg"/>
<pubDate>Mon, 04 May 2026 21:00:11 +0800</pubDate>
<dc:creator>Tomas Kauer - News Moderator</dc:creator>
<media:keywords>Middle, East, tensions, drive, Saudi, domestic, tourism, double-digit, growth</media:keywords>
<content:encoded><![CDATA[RIYADH: Geopolitical tensions in the Middle East, coupled with the closure of some airspaces, have led to a redirection of travel toward domestic destinations.

	Growing demand for nearby, stable destinations with easier access within the Kingdom drove double-digit growth in domestic tourism, experts told Al-Eqtisadiah.

	Data from the Ministry of Tourism confirms this trend, showing that the number of domestic tourists reached SR28.9 million ($7.7 million) during the first quarter of 2026, a 16 percent year-on-year increase.]]> </content:encoded>
</item>

<item>
<title>PIF commits $550m to Lucid as Uber expands robotaxi partnership </title>
<link>https://gulfecomonics.com/pif-commits-550m-to-lucid-as-uber-expands-robotaxi-partnership</link>
<guid>https://gulfecomonics.com/pif-commits-550m-to-lucid-as-uber-expands-robotaxi-partnership</guid>
<description><![CDATA[ RIYADH: Saudi Arabia’s Public Investment Fund has committed a fresh $550 million investment to electric vehicle maker Lucid Group through its affiliate Ayar Third Investment Co., as the manufacturer expands its robotaxi partnership. 

	The new capital comes alongside an expanded commercial agreement between Lucid and Uber, positioning the US-based automaker to supply at least 35,000 vehicles for a planned global robotaxi network.    ]]></description>
<enclosure url="https://www.arabnews.com/sites/default/files/styles/660x371_watermarksaudi/public/main-image/2026/04/14/4702692-125265986.jpg" length="49398" type="image/jpeg"/>
<pubDate>Mon, 04 May 2026 21:00:11 +0800</pubDate>
<dc:creator>Tomas Kauer - News Moderator</dc:creator>
<media:keywords>PIF, commits, 550m, Lucid, Uber, expands, robotaxi, partnership </media:keywords>
<content:encoded><![CDATA[RIYADH: Saudi Arabia’s Public Investment Fund has committed a fresh $550 million investment to electric vehicle maker Lucid Group through its affiliate Ayar Third Investment Co., as the manufacturer expands its robotaxi partnership. 

	The new capital comes alongside an expanded commercial agreement between Lucid and Uber, positioning the US-based automaker to supply at least 35,000 vehicles for a planned global robotaxi network.   ]]> </content:encoded>
</item>

<item>
<title>Closing Bell: Saudi main index rises to close at 11,486</title>
<link>https://gulfecomonics.com/closing-bell-saudi-main-index-rises-to-close-at-11486</link>
<guid>https://gulfecomonics.com/closing-bell-saudi-main-index-rises-to-close-at-11486</guid>
<description><![CDATA[ RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Tuesday, gaining 59.41 points, or 0.52 percent, to close at 11,486.18.

	The total trading turnover of the benchmark index was SR6.19 billion ($1.65 billion), as 218 of the stocks advanced and 42 retreated. 

	Similarly, the Kingdom’s parallel market Nomu gained 32.09 points, or 0.14 percent, to close at 22,964.59. This came as 33 of the stocks advanced while 44 retreated. 

	The MSCI Tadawul Index gained 7.05 points, or 0.46 percent, to close at 1,553.98.   ]]></description>
<enclosure url="https://www.arabnews.com/sites/default/files/styles/660x371_watermarksaudi/public/main-image/2026/04/14/4702706-1698130229.jpg" length="49398" type="image/jpeg"/>
<pubDate>Mon, 04 May 2026 21:00:10 +0800</pubDate>
<dc:creator>Tomas Kauer - News Moderator</dc:creator>
<media:keywords>Closing, Bell:, Saudi, main, index, rises, close, 11, 486</media:keywords>
<content:encoded><![CDATA[RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Tuesday, gaining 59.41 points, or 0.52 percent, to close at 11,486.18.

	The total trading turnover of the benchmark index was SR6.19 billion ($1.65 billion), as 218 of the stocks advanced and 42 retreated. 

	Similarly, the Kingdom’s parallel market Nomu gained 32.09 points, or 0.14 percent, to close at 22,964.59. This came as 33 of the stocks advanced while 44 retreated. 

	The MSCI Tadawul Index gained 7.05 points, or 0.46 percent, to close at 1,553.98.  ]]> </content:encoded>
</item>

<item>
<title>IMF cuts MENA growth forecast to 1.1% on Iran war</title>
<link>https://gulfecomonics.com/imf-cuts-mena-growth-forecast-to-11-on-iran-war</link>
<guid>https://gulfecomonics.com/imf-cuts-mena-growth-forecast-to-11-on-iran-war</guid>
<description><![CDATA[ DUBAI/WASHINGTON: The International Monetary Fund sharply reduced its 2026 growth forecast for the Middle East and North Africa to 1.1 percent on Tuesday as war chokes Gulf oil and gas exports.

	Iran, Iraq and Qatar will be particularly hard-hit, the IMF’s World Economic Outlook warned, as it revised down its January prediction of 3.9 percent regional growth this year.

	Growth should rebound next year, as long as energy production and transport are “normalized” over the next few months, the IMF predicted. The region’s economies grew 3.2 percent in 2025, it said. ]]></description>
<enclosure url="https://www.arabnews.com/sites/default/files/styles/660x371_watermarksaudi/public/main-image/2026/04/14/4702738-1107169270.jpg" length="49398" type="image/jpeg"/>
<pubDate>Mon, 04 May 2026 21:00:10 +0800</pubDate>
<dc:creator>Tomas Kauer - News Moderator</dc:creator>
<media:keywords>IMF, cuts, MENA, growth, forecast, 1.1, Iran, war</media:keywords>
<content:encoded><![CDATA[DUBAI/WASHINGTON: The International Monetary Fund sharply reduced its 2026 growth forecast for the Middle East and North Africa to 1.1 percent on Tuesday as war chokes Gulf oil and gas exports.

	Iran, Iraq and Qatar will be particularly hard-hit, the IMF’s World Economic Outlook warned, as it revised down its January prediction of 3.9 percent regional growth this year.

	Growth should rebound next year, as long as energy production and transport are “normalized” over the next few months, the IMF predicted. The region’s economies grew 3.2 percent in 2025, it said.]]> </content:encoded>
</item>

<item>
<title>Oil prices fall as supply concerns ease on hopes for US&#45;Iran talks</title>
<link>https://gulfecomonics.com/oil-prices-fall-as-supply-concerns-ease-on-hopes-for-us-iran-talks</link>
<guid>https://gulfecomonics.com/oil-prices-fall-as-supply-concerns-ease-on-hopes-for-us-iran-talks</guid>
<description><![CDATA[ LONDON: Oil prices fell on Tuesday as signs of possible talks to end the US-Israeli war on ​Iran eased supply fears stemming from the blockade of the Strait of Hormuz.

	Brent futures edged 37 cents lower, or around 0.37 percent, to $98.99 at 2:57 p.m. Saudi time, while US West Texas Intermediate crude fell $1.72, or 1.74 percent, to $97.36.

	Both benchmarks rose in the previous session, with Brent climbing more than 4 percent and WTI nearly 3 percent, after the US military began a blockade of Iran’s ports. Oil prices rose 50 percent last month, a record. ]]></description>
<enclosure url="https://www.arabnews.com/sites/default/files/styles/660x371_watermarksaudi/public/main-image/2026/04/14/4702573-1249878082.jpg" length="49398" type="image/jpeg"/>
<pubDate>Mon, 04 May 2026 21:00:09 +0800</pubDate>
<dc:creator>Tomas Kauer - News Moderator</dc:creator>
<media:keywords>Oil, prices, fall, supply, concerns, ease, hopes, for, US-Iran, talks</media:keywords>
<content:encoded><![CDATA[LONDON: Oil prices fell on Tuesday as signs of possible talks to end the US-Israeli war on ​Iran eased supply fears stemming from the blockade of the Strait of Hormuz.

	Brent futures edged 37 cents lower, or around 0.37 percent, to $98.99 at 2:57 p.m. Saudi time, while US West Texas Intermediate crude fell $1.72, or 1.74 percent, to $97.36.

	Both benchmarks rose in the previous session, with Brent climbing more than 4 percent and WTI nearly 3 percent, after the US military began a blockade of Iran’s ports. Oil prices rose 50 percent last month, a record.]]> </content:encoded>
</item>

<item>
<title>Gulf economies’ strength supported regional stability during the war: IMF’s managing director</title>
<link>https://gulfecomonics.com/gulf-economies-strength-supported-regional-stability-during-the-war-imfs-managing-director</link>
<guid>https://gulfecomonics.com/gulf-economies-strength-supported-regional-stability-during-the-war-imfs-managing-director</guid>
<description><![CDATA[ RIYADH: The Managing Director of the International Monetary Fund, Kristalina Georgieva, affirmed that the strength of the Gulf states’ economic fundamentals contributed to supporting the stability of the region’s economies during the war between the US and Iran. ]]></description>
<enclosure url="https://www.arabnews.com/sites/default/files/styles/660x371_watermarksaudi/public/main-image/2026/04/14/4702585-1052729020.jpg" length="49398" type="image/jpeg"/>
<pubDate>Mon, 04 May 2026 21:00:08 +0800</pubDate>
<dc:creator>Tomas Kauer - News Moderator</dc:creator>
<media:keywords>Gulf, economies’, strength, supported, regional, stability, during, the, war:, IMF’s, managing, director</media:keywords>
<content:encoded><![CDATA[RIYADH: The Managing Director of the International Monetary Fund, Kristalina Georgieva, affirmed that the strength of the Gulf states’ economic fundamentals contributed to supporting the stability of the region’s economies during the war between the US and Iran.]]> </content:encoded>
</item>

<item>
<title>Iran war upends IEA’s global oil market outlook</title>
<link>https://gulfecomonics.com/iran-war-upends-ieas-global-oil-market-outlook</link>
<guid>https://gulfecomonics.com/iran-war-upends-ieas-global-oil-market-outlook</guid>
<description><![CDATA[ LONDON: The International Energy Agency sharply ​cut its forecasts for global oil supply and demand growth, saying both are now expected to fall from 2025 levels as war in the Middle East disrupts oil ‌flows and ‌weighs on the global ​economy.

	The ‌IEA ⁠now ​sees global ⁠oil demand falling by 80,000 barrels per day in 2026, compared with a projected year-on-year rise of 640,000 bpd in its previous monthly report. ]]></description>
<enclosure url="https://www.arabnews.com/sites/default/files/styles/660x371_watermarksaudi/public/main-image/2026/04/14/4702594-1127302013.jpg" length="49398" type="image/jpeg"/>
<pubDate>Mon, 04 May 2026 21:00:08 +0800</pubDate>
<dc:creator>Tomas Kauer - News Moderator</dc:creator>
<media:keywords>Iran, war, upends, IEA’s, global, oil, market, outlook</media:keywords>
<content:encoded><![CDATA[LONDON: The International Energy Agency sharply ​cut its forecasts for global oil supply and demand growth, saying both are now expected to fall from 2025 levels as war in the Middle East disrupts oil ‌flows and ‌weighs on the global ​economy.

	The ‌IEA ⁠now ​sees global ⁠oil demand falling by 80,000 barrels per day in 2026, compared with a projected year-on-year rise of 640,000 bpd in its previous monthly report.]]> </content:encoded>
</item>

<item>
<title>Saudi hospitality prices decline by up to 12% amid increased supply</title>
<link>https://gulfecomonics.com/saudi-hospitality-prices-decline-by-up-to-12-amid-increased-supply</link>
<guid>https://gulfecomonics.com/saudi-hospitality-prices-decline-by-up-to-12-amid-increased-supply</guid>
<description><![CDATA[ RIYADH: Serviced apartments and other hospitality facilities in Saudi Arabia saw their first year-on-year decline in the fourth quarter of 2025, while hotel prices experienced their steepest drop in five quarters.

	This indicates that the market is entering a phase of rebalancing between supply and demand, particularly with the accelerating pace of expansion in the tourism sector’s capacity, according to available data.

	Average prices between apartments, hotels ]]></description>
<enclosure url="https://www.arabnews.com/sites/default/files/styles/660x371_watermarksaudi/public/main-image/2026/04/14/4702604-1319839678.jpg" length="49398" type="image/jpeg"/>
<pubDate>Mon, 04 May 2026 21:00:08 +0800</pubDate>
<dc:creator>Tomas Kauer - News Moderator</dc:creator>
<media:keywords>Saudi, hospitality, prices, decline, 12, amid, increased, supply</media:keywords>
<content:encoded><![CDATA[RIYADH: Serviced apartments and other hospitality facilities in Saudi Arabia saw their first year-on-year decline in the fourth quarter of 2025, while hotel prices experienced their steepest drop in five quarters.

	This indicates that the market is entering a phase of rebalancing between supply and demand, particularly with the accelerating pace of expansion in the tourism sector’s capacity, according to available data.

	Average prices between apartments, hotels]]> </content:encoded>
</item>

<item>
<title>Bahrain’s aluminum producer Alba shuts down 3 smelting lines, cutting 19% of capacity</title>
<link>https://gulfecomonics.com/bahrains-aluminum-producer-alba-shuts-down-3-smelting-lines-cutting-19-of-capacity</link>
<guid>https://gulfecomonics.com/bahrains-aluminum-producer-alba-shuts-down-3-smelting-lines-cutting-19-of-capacity</guid>
<description><![CDATA[ RIYADH: Bahrain’s aluminum producer Alba has shutdown 19 percent of its 1.6 million tonne-a-year production capacity to preserve business continuity amid ongoing disruptions affecting the Strait of Hormuz.

	A statement from the company said the closures of Reduction Lines 1, 2 and 3 would enable a focus on the three remaining lines.  ]]></description>
<enclosure url="https://www.arabnews.com/sites/default/files/styles/660x371_watermarksaudi/public/main-image/2026/03/16/4694173-1194338236.png" length="49398" type="image/jpeg"/>
<pubDate>Tue, 21 Apr 2026 21:00:19 +0800</pubDate>
<dc:creator>Tomas Kauer - News Moderator</dc:creator>
<media:keywords>Bahrain’s, aluminum, producer, Alba, shuts, down, smelting, lines, cutting, 19, capacity</media:keywords>
<content:encoded><![CDATA[RIYADH: Bahrain’s aluminum producer Alba has shutdown 19 percent of its 1.6 million tonne-a-year production capacity to preserve business continuity amid ongoing disruptions affecting the Strait of Hormuz.

	A statement from the company said the closures of Reduction Lines 1, 2 and 3 would enable a focus on the three remaining lines. ]]> </content:encoded>
</item>

<item>
<title>Saudi Arabia’s producer prices edge up 0.4%: GASTAT </title>
<link>https://gulfecomonics.com/saudi-arabias-producer-prices-edge-up-04-gastat</link>
<guid>https://gulfecomonics.com/saudi-arabias-producer-prices-edge-up-04-gastat</guid>
<description><![CDATA[ RIYADH: Saudi Arabia’s producer prices rose 0.4 percent in January from a year earlier, supported by higher utility costs, as wholesale inflation remained contained at the start of 2026. 

	The Kingdom’s producer price index stood at 104.4 in the first month of the year, slightly up from 104 a year earlier and 103.5 in December, according to data released by the General Authority for Statistics. 

	Producer prices, which measure changes received by domestic producers for goods and services, are closely watched as an early indicator of inflation trends.  ]]></description>
<enclosure url="https://www.arabnews.com/sites/default/files/styles/660x371_watermarksaudi/public/main-image/2026/03/16/4694205-1321016094.jpg" length="49398" type="image/jpeg"/>
<pubDate>Tue, 21 Apr 2026 21:00:19 +0800</pubDate>
<dc:creator>Tomas Kauer - News Moderator</dc:creator>
<media:keywords>Saudi, Arabia’s, producer, prices, edge, 0.4:, GASTAT </media:keywords>
<content:encoded><![CDATA[RIYADH: Saudi Arabia’s producer prices rose 0.4 percent in January from a year earlier, supported by higher utility costs, as wholesale inflation remained contained at the start of 2026. 

	The Kingdom’s producer price index stood at 104.4 in the first month of the year, slightly up from 104 a year earlier and 103.5 in December, according to data released by the General Authority for Statistics. 

	Producer prices, which measure changes received by domestic producers for goods and services, are closely watched as an early indicator of inflation trends. ]]> </content:encoded>
</item>

<item>
<title>Jordan’s free trade agreements drive 73% of exports</title>
<link>https://gulfecomonics.com/jordans-free-trade-agreements-drive-73-of-exports</link>
<guid>https://gulfecomonics.com/jordans-free-trade-agreements-drive-73-of-exports</guid>
<description><![CDATA[ RIYADH: Countries linked to Jordan through free trade agreements accounted for 73.2 percent of the nation’s total exports in 2025, official data showed.

	According to the Amman Chamber of Commerce, exports to these markets reached 7.04 billion Jordanian dinars ($9.9 billion) in 2025, compared with 6.55 billion dinars in 2024.

	The figures highlight Jordan’s growing reliance on trade agreements to support exports and economic growth as the country deepens its integration into global markets. ]]></description>
<enclosure url="https://www.arabnews.com/sites/default/files/styles/660x371_watermarksaudi/public/main-image/2026/03/17/4694389-975607107.jpg" length="49398" type="image/jpeg"/>
<pubDate>Tue, 21 Apr 2026 21:00:19 +0800</pubDate>
<dc:creator>Tomas Kauer - News Moderator</dc:creator>
<media:keywords>Jordan’s, free, trade, agreements, drive, 73, exports</media:keywords>
<content:encoded><![CDATA[RIYADH: Countries linked to Jordan through free trade agreements accounted for 73.2 percent of the nation’s total exports in 2025, official data showed.

	According to the Amman Chamber of Commerce, exports to these markets reached 7.04 billion Jordanian dinars ($9.9 billion) in 2025, compared with 6.55 billion dinars in 2024.

	The figures highlight Jordan’s growing reliance on trade agreements to support exports and economic growth as the country deepens its integration into global markets.]]> </content:encoded>
</item>

<item>
<title>Egyptian banks seen resilient to Iran conflict shocks, Fitch says</title>
<link>https://gulfecomonics.com/egyptian-banks-seen-resilient-to-iran-conflict-shocks-fitch-says</link>
<guid>https://gulfecomonics.com/egyptian-banks-seen-resilient-to-iran-conflict-shocks-fitch-says</guid>
<description><![CDATA[ RIYADH: Egypt’s banking sector is positioned to absorb the potential economic spillovers from the ongoing Iran conflict, supported by strong capital buffers, liquidity, and profitability, according to a report by Fitch Ratings. 

	The agency’s base-case scenario assumes the conflict will remain short-lived and indirect in its impact on Egypt’s economy, limiting pressure on the country’s sovereign credit profile and, by extension, its banking system. ]]></description>
<enclosure url="https://www.arabnews.com/sites/default/files/styles/660x371_watermarksaudi/public/main-image/2026/03/17/4694381-1155156831.jpg" length="49398" type="image/jpeg"/>
<pubDate>Tue, 21 Apr 2026 21:00:19 +0800</pubDate>
<dc:creator>Tomas Kauer - News Moderator</dc:creator>
<media:keywords>Egyptian, banks, seen, resilient, Iran, conflict, shocks, Fitch, says</media:keywords>
<content:encoded><![CDATA[RIYADH: Egypt’s banking sector is positioned to absorb the potential economic spillovers from the ongoing Iran conflict, supported by strong capital buffers, liquidity, and profitability, according to a report by Fitch Ratings. 

	The agency’s base-case scenario assumes the conflict will remain short-lived and indirect in its impact on Egypt’s economy, limiting pressure on the country’s sovereign credit profile and, by extension, its banking system.]]> </content:encoded>
</item>

<item>
<title>Oman import prices jump 14.8% on machinery costs </title>
<link>https://gulfecomonics.com/oman-import-prices-jump-148-on-machinery-costs</link>
<guid>https://gulfecomonics.com/oman-import-prices-jump-148-on-machinery-costs</guid>
<description><![CDATA[ RIYADH: Oman’s import prices recorded a sharp increase in the final quarter of 2025, driven largely by higher machinery and transport equipment costs. 

	The overall import price index rose 14.8 percent in the fourth quarter compared with the same period in 2024, the Oman News Agency reported, citing data from the National Center for Statistics and Information. 

	The machinery and transport equipment group recorded the largest increase, rising 39.4 percent year on year.  ]]></description>
<enclosure url="https://www.arabnews.com/sites/default/files/styles/660x371_watermarksaudi/public/main-image/2026/03/17/4694385-340016896.jpg" length="49398" type="image/jpeg"/>
<pubDate>Tue, 21 Apr 2026 21:00:19 +0800</pubDate>
<dc:creator>Tomas Kauer - News Moderator</dc:creator>
<media:keywords>Oman, import, prices, jump, 14.8, machinery, costs </media:keywords>
<content:encoded><![CDATA[RIYADH: Oman’s import prices recorded a sharp increase in the final quarter of 2025, driven largely by higher machinery and transport equipment costs. 

	The overall import price index rose 14.8 percent in the fourth quarter compared with the same period in 2024, the Oman News Agency reported, citing data from the National Center for Statistics and Information. 

	The machinery and transport equipment group recorded the largest increase, rising 39.4 percent year on year. ]]> </content:encoded>
</item>

<item>
<title>Australia&#45;Saudi Business Chamber forms emergency committee to safeguard trade flows</title>
<link>https://gulfecomonics.com/australia-saudi-business-chamber-forms-emergency-committee-to-safeguard-trade-flows</link>
<guid>https://gulfecomonics.com/australia-saudi-business-chamber-forms-emergency-committee-to-safeguard-trade-flows</guid>
<description><![CDATA[ RIYADH: The Australia-Saudi Business Chamber has formed an emergency working committee to explore measures aimed at maintaining trade continuity amid disruptions to key transport routes across the Middle East.

	The initiative will aim to bolster supply chain resilience and explore ways to improve direct freight links between the two countries, according to a statement. ]]></description>
<enclosure url="https://www.arabnews.com/sites/default/files/styles/660x371_watermarksaudi/public/main-image/2026/03/17/4694402-688189344.png" length="49398" type="image/jpeg"/>
<pubDate>Tue, 21 Apr 2026 21:00:19 +0800</pubDate>
<dc:creator>Tomas Kauer - News Moderator</dc:creator>
<media:keywords>Australia-Saudi, Business, Chamber, forms, emergency, committee, safeguard, trade, flows</media:keywords>
<content:encoded><![CDATA[RIYADH: The Australia-Saudi Business Chamber has formed an emergency working committee to explore measures aimed at maintaining trade continuity amid disruptions to key transport routes across the Middle East.

	The initiative will aim to bolster supply chain resilience and explore ways to improve direct freight links between the two countries, according to a statement.]]> </content:encoded>
</item>

<item>
<title>Gulf banks resilient for now, but prolonged conflict raises risks: S&amp;amp;amp;P Global</title>
<link>https://gulfecomonics.com/gulf-banks-resilient-for-now-but-prolonged-conflict-raises-risks-sp-global</link>
<guid>https://gulfecomonics.com/gulf-banks-resilient-for-now-but-prolonged-conflict-raises-risks-sp-global</guid>
<description><![CDATA[ RIYADH: Banks operating in the Gulf region are expected to remain resilient in the short term due to strong financial buffers, even as the Middle East grapples with heightened geopolitical tensions, according to an analysis.

	In its latest report, S&amp;P Global warned that prolonged disruptions stemming from the conflict involving the US-Israel alliance and Iran could increase pressure on weaker issuers.  ]]></description>
<enclosure url="https://www.arabnews.com/sites/default/files/styles/660x371_watermarksaudi/public/main-image/2026/03/17/4694394-953270852.jpg" length="49398" type="image/jpeg"/>
<pubDate>Tue, 21 Apr 2026 21:00:18 +0800</pubDate>
<dc:creator>Tomas Kauer - News Moderator</dc:creator>
<media:keywords>Gulf, banks, resilient, for, now, but, prolonged, conflict, raises, risks:, S&amp;ampP, Global</media:keywords>
<content:encoded><![CDATA[RIYADH: Banks operating in the Gulf region are expected to remain resilient in the short term due to strong financial buffers, even as the Middle East grapples with heightened geopolitical tensions, according to an analysis.

	In its latest report, S&P Global warned that prolonged disruptions stemming from the conflict involving the US-Israel alliance and Iran could increase pressure on weaker issuers. ]]> </content:encoded>
</item>

<item>
<title>Saudi Arabia reinforces global mining leadership at PDAC 2026 in Canada</title>
<link>https://gulfecomonics.com/saudi-arabia-reinforces-global-mining-leadership-at-pdac-2026-in-canada</link>
<guid>https://gulfecomonics.com/saudi-arabia-reinforces-global-mining-leadership-at-pdac-2026-in-canada</guid>
<description><![CDATA[ LONDON: Saudi Arabia participated in the Prospectors and Developers Association of Canada convention, held March 1 – 4, highlighting exploration and mining opportunities in the Kingdom built on vast geological data and supported by a reformed regulatory framework. ]]></description>
<enclosure url="https://www.arabnews.com/sites/default/files/styles/660x371_watermarksaudi/public/main-image/2026/03/17/4694411-1457987758.png" length="49398" type="image/jpeg"/>
<pubDate>Tue, 21 Apr 2026 21:00:18 +0800</pubDate>
<dc:creator>Tomas Kauer - News Moderator</dc:creator>
<media:keywords>Saudi, Arabia, reinforces, global, mining, leadership, PDAC, 2026, Canada</media:keywords>
<content:encoded><![CDATA[LONDON: Saudi Arabia participated in the Prospectors and Developers Association of Canada convention, held March 1 – 4, highlighting exploration and mining opportunities in the Kingdom built on vast geological data and supported by a reformed regulatory framework.]]> </content:encoded>
</item>

<item>
<title>Iran conflict will give jet fuel a harder price shock than crude: Goldman Sachs </title>
<link>https://gulfecomonics.com/iran-conflict-will-give-jet-fuel-a-harder-price-shock-than-crude-goldman-sachs</link>
<guid>https://gulfecomonics.com/iran-conflict-will-give-jet-fuel-a-harder-price-shock-than-crude-goldman-sachs</guid>
<description><![CDATA[ RIYADH: The ongoing conflict in the Middle East is expected to have a greater impact on refined petroleum products such as jet fuel and diesel than on crude oil itself, according to Goldman Sachs. 

	In its latest report, the financial services company said the conflict has already undermined the Arabian Gulf’s ability to export refined oil products, particularly European jet fuel and Asian naphtha. ]]></description>
<enclosure url="https://www.arabnews.com/sites/default/files/styles/660x371_watermarksaudi/public/main-image/2026/03/17/4694406-295540372.jpg" length="49398" type="image/jpeg"/>
<pubDate>Tue, 21 Apr 2026 21:00:18 +0800</pubDate>
<dc:creator>Tomas Kauer - News Moderator</dc:creator>
<media:keywords>Iran, conflict, will, give, jet, fuel, harder, price, shock, than, crude:, Goldman, Sachs </media:keywords>
<content:encoded><![CDATA[RIYADH: The ongoing conflict in the Middle East is expected to have a greater impact on refined petroleum products such as jet fuel and diesel than on crude oil itself, according to Goldman Sachs. 

	In its latest report, the financial services company said the conflict has already undermined the Arabian Gulf’s ability to export refined oil products, particularly European jet fuel and Asian naphtha.]]> </content:encoded>
</item>

<item>
<title>Oil climbs over 2% as Iran war halts supply</title>
<link>https://gulfecomonics.com/oil-climbs-over-2-as-iran-war-halts-supply</link>
<guid>https://gulfecomonics.com/oil-climbs-over-2-as-iran-war-halts-supply</guid>
<description><![CDATA[ LONDON: Oil prices rose more than 2 percent on Tuesday, reversing some ​of the previous session’s losses, on worries about supply with the Strait of Hormuz mostly shut and US allies rebuffing calls to send warships to help tankers move through the vital waterway.

	Brent futures jumped $2.62, or 2.61 percent, to $102.80 a barrel by 1:04 p.m. Saudi time, while US West Texas Intermediate crude gained $2.51, or 2.51 percent, to $96.01. ]]></description>
<enclosure url="https://www.arabnews.com/sites/default/files/styles/660x371_watermarksaudi/public/main-image/2026/03/17/4694328-509366949.jpg" length="49398" type="image/jpeg"/>
<pubDate>Tue, 21 Apr 2026 21:00:18 +0800</pubDate>
<dc:creator>Tomas Kauer - News Moderator</dc:creator>
<media:keywords>Oil, climbs, over, Iran, war, halts, supply</media:keywords>
<content:encoded><![CDATA[LONDON: Oil prices rose more than 2 percent on Tuesday, reversing some ​of the previous session’s losses, on worries about supply with the Strait of Hormuz mostly shut and US allies rebuffing calls to send warships to help tankers move through the vital waterway.

	Brent futures jumped $2.62, or 2.61 percent, to $102.80 a barrel by 1:04 p.m. Saudi time, while US West Texas Intermediate crude gained $2.51, or 2.51 percent, to $96.01.]]> </content:encoded>
</item>

</channel>
</rss>