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Middle East business news serving the Arabian Gulf region. We break important stories and provide authoritative opinion and analysis.
- 151articles · 30d
- 13+ hour agolatest article
- Aug 17, 2026earliest in window
- 92%with images
- 322avg words
- Economy, Business & Finance 126
- Finance & Business 57
- Business & Industrial 54
- News 43
- Industrial 39
- Transportation 23
- Conflict, War & Peace 14
- Finance 12
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News
Houthi escalation threatens Saudi oil exports
13+ hour, 26+ min ago (795+ words) The escalation between Saudi Arabia and Yemen’s Houthi militia threatens global supplies of crude oil, analysts say, after the Houthis captured territory along the Red Sea coast and intensified their attacks on Saudi oil facilities. The group engaged in fierce…...
Gulf investment gives Jordan vital support during war
18+ hour, 10+ min ago (636+ words) The latest escalation in the US-Iran war has subjected Jordan to repeated Iranian missile attacks, testing its hard-won economic stability and attractiveness as a destination for Gulf funds. But analysts and investors said that decades of geopolitical instability at its…...
Houthi capture of Mokha tightens grip on Red Sea
4+ day, 2+ hour ago (432+ words) John Crowley and Edmund Bower Iran-backed Houthis have captured Yemen’s port of Mokha, officials and residents said, strengthening the rebel group’s grip near the Bab al-Mandab strait. The advance could increase the threat to Saudi oil exports through the Red…...
Oil hits $100 on US-Iran conflict escalation
5+ day, 8+ hour ago (491+ words) Valentina Pasquali and Pramod Kumar Oil prices rose above the crucial $100 level for the first time since July on Wednesday, up for a fourth straight session as the US-Iran conflict flared over control of the Strait of Hormuz. International benchmark…...
‘Operationally hazardous’ Red Sea remains open to shipping
5+ day, 4+ hour ago (13+ words) Arabian Gulf Business Insight | AGBI...
LIV Golf bankruptcy puts future of Saudi-backed league in doubt
5+ day, 6+ hour ago (565+ words) LIV Golf has filed for Chapter 11 bankruptcy protection in the US, but experts say the rebel league is not dead. Chapter 11 is a legal process that allows a company in financial trouble to keep operating while it restructures its debts,…...
Protracted Houthi war risks squeezing Saudi economy
5+ day, 9+ hour ago (682+ words) The escalation in fighting between Saudi Arabia and Yemeni Houthi militia could become a “full-scale war”, with steep economic costs for the kingdom at an already difficult time, analysts say. At least 73 people were wounded in Saudi Arabia during Houthi…...
Qatar budget gap widens on wartime erosion of state coffers
6+ day, 4+ hour ago (276+ words) Qatar’s fiscal deficit widened significantly in the second quarter of 2026, as the start of the Iran war in February curtailed the Gulf state’s energy exports. The budget gap hit QAR21.2 billion ($5.8 billion), versus QAR800 million in the second quarter of 2025 and QAR10.3 billion…...
Red Sea Global fully powered by Acwa renewables
6+ day, 11+ hour ago (374+ words) Red Sea Global’s hotels and related facilities, including Red Sea International Airport, are now fully powered by renewables, following the inauguration of commercial operations at a project from Saudi utilities company Acwa. The tourism giga-project on Saudi Arabia’s west coast…...
Turkey floats infrastructure privatisation plans
6+ day, 12+ hour ago (539+ words) Turkey plans to auction the operating rights for some of the country’s major road links, including two bridges in Istanbul connecting Asia with Europe. Control of the July 15 Martyrs and Fatih Sultan Mehmet bridges, plus eight highways and two ring…...