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Houthi ballistic missiles targeting Riyadh, Khamis Mushait intercepted

The Saudi coalition reported that two Houthi ballistic missiles aimed at Riyadh and one targeting Khamis Mushait were intercepted and destroyed. This follows a series of Houthi attacks on civilian facilities, resulting in three deaths and over 30 injuries, prompting strong condemnations from Arab and regional organizations for violating Saudi sovereignty and threatening regional security.

Arab News

Business

IsDB launches $2.56bn financing plan to strengthen Indonesia’s infrastructure, workforce development

The Islamic Development Bank (IsDB) has announced a $2.56 billion financing plan aimed at strengthening Indonesia's infrastructure and workforce development as part of its 2026-2030 partnership strategy. This initiative, developed collaboratively with the Indonesian government, will focus on key areas such as transport, food security, agriculture, energy security, health systems, and education. The plan emphasizes not just financing but also private sector investment and technical assistance to support Indonesia's development priorities.

Arab News

Business

Oman signs $1.4bn in investment agreements across key sectors

Oman has signed over $1.4 billion in investment agreements during an investment forum, aimed at bolstering economic development and diversifying its economy as part of the Oman Vision 2040 strategy. Key projects include the development of a major tourism complex and housing initiatives to support low-income families, alongside various partnerships in education, land investment, and community support.

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