Manus on Markets: Gulf tensions rise as diplomacy races to avert escalation | The National
From tariff turmoil and stock shocks to market meltdowns, the global financial system has never been in such flux.
Business
Abdulaziz bin Salman: Saudi Arabia Continues to Supply Energy Markets Despite the Challenges
Saudi Minister of Energy, Industry, and Mineral Resources Prince Abdulaziz bin Salman stressed on Monday that the Kingdom has continued to supply global energy markets under difficult circumstances, which practically demonstrates the resilience of the Saudi energy system. He pointed out that investments are continuing to maintain oil production capacity and expand into gas, renewable energy, and power grids.
Business
Alpha Dhabi commits $1bn for global AI investments | The National
Investments through Alpha Wave III fund to target high-growth AI companies
Business
SABIC Returns to Profitability in Q3 as Revenues and Earnings Improved
The Saudi Basic Industries Corporation (SABIC) returned to profitability in the third quarter of 2026, reporting a net profit of $133 million (SAR 499 million), compared to $116 million (SAR 434 million) in the same period last year. The improvement was driven by higher selling prices for its products and stronger results from investments in affiliates and joint ventures, despite ongoing geopolitical challenges and pressure on supply chains.