The news, anew
Saudi Arabia Railways (SAR) carried more than 40.9 million passengers and transported 3.9 million tons of freight and 46,300 containers in the third quarter of 2026, according to a quarterly report, released by the Transport General Authority (TGA)
Business
Secretary-General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi stated that relations between the GCC states and the United Kingdom (UK) are founded on a long history of cooperation, trust, and shared interests, which has contributed to exploring and establishing a distinguished economic and trade partnership between the two sides.
Business
Saudi Arabia's benchmark Tadawul All Share Index (TASI) ended Tuesday's session down 1.7 percent, shedding 172 points to close at 9,952, its lowest closing level since April 2021, with total trading turnover reaching approximately SAR 3.8 billion. The index fluctuated between an intraday low of 9,941 points and a high of 10,116 points. Since the beginning of the year, it has lost around 540 points, equivalent to 5.1 percent.
Business
With airports closed and the capital brought to an effective standstill, attacks by Yemen's Houthis on Saudi Arabia have thrown a wrench in the kingdom's ambitious plans to overhaul the economy and draw foreign investment. A decade ago, de facto ruler Crown Prince Mohammed bin Salman launched his bold Vision 2030, aiming to diversify the economy away from oil and turn the powerful monarchy into a hub for tourism, international events and multinational enterprises.
