Syria to rejoin Arab group at IMF, leaving Russian-led constituency
Syria will rejoin the Arab constituency at the International Monetary Fund beginning Nov. 1 and has applied for membership in the EBRD.
Business
Producer prices jump 5.1% in August, led by manufacturing prices
The Producer Price Index (PPI) in Saudi Arabia recorded an increase of 5.1 percent in August 2026 compared with the same month in 2025, according to data released by the General Authority for Statistics (GASTAT).
Business
UN agency warns Hormuz shipping disruption starting to hit harvests
UN agency warns Hormuz shipping disruption starting to hit harvests Disruption to fuel and fertiliser shipping through the Strait of Hormuz is beginning to impact agricultural harvests, the head of a United Nations rural development agency warned on Thursday. “The pass-through from the initial locking down of the Strait of Hormuz … is now starting to be seen,” International Fund for Agricultural Development President Alvaro Lario told Reuters. Hormuz-related disruptions to fertiliser shipmen…
Business
Al-Jadaan: Saudi investments in alternative routes safeguard energy supplies and trade flows
Finance Minister Mohammed Al-Jadaan affirmed that Saudi Arabia's investments in alternative routes have helped ensure the continuity of energy supplies and trade flows amid the regional uncertainty and shipping disruption.