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Saudi Aramco's August Asia OSP cut by $11 a barrel is the steepest in over 20 years, yet ADNOC, Iraq and Kuwait are still cheaper at...
Dubai firms describe Saudi UAE bank transfer delays that began mid-May; some blocked or held about a week. Central banks deny targeting one country.
Saudi Arabia's REGA confirms the 5% property tax plus a 2% surcharge for non-Saudi buyers in four cities. Makkah and Madinah are restricted to Muslims.
Syria's SPC launched a gas field project with Saudi ADES in Homs on April 5, targeting 50% output growth by mid-2027 to ease chronic power shortages.
Egypt's cosmetics market passed $900M in 2025 and is projected to reach $1.57B by 2032, powered by youth demand, social media, and L'Oréal's Cairo export factory.
EMC has won a 10-year, €46M contract to maintain two Siemens gas turbines at Arab Potash's Jordan plant, beating major multinational rivals.
South Korea and Saudi Arabia signed an oil MoU in Riyadh adding Saudi crude storage in Korea's Strategic Petroleum Reserve, a hedge against a closed Hormuz.
ISSF commits $7M to Endeavor Catalyst V, opening Jordan's startups to a $300M global fund. Fund II launches after a World Bank Highly Satisfactory rating.
Jordan real estate trading volume fell 5% to JD 2.458 billion in the first five months of 2026, with apartment sales to non-Jordanians rising 6% in...
Egypt's KPC cooperation is at the centre of a wider push to fund Mediterranean, Red Sea, and Western Desert energy projects as domestic gas output falls.
