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June 5, 2026

Gulf Stock Markets Mixed as Investors Watch Regional Diplomacy

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Dubai gains while Saudi market edges lower Gulf stock markets ended mixed on 5 June as investors monitored developments related to regional diplomacy and energy prices. Dubai’s main market posted gains led by property stocks, while Saudi Arabia’s benchmark index slipped slightly due to weakness in banking and energy shares. Market analysts say investor sentiment […]

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Saudi Arabia and Russia Call for Stable Global Energy Markets

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Energy cooperation remains key amid uncertain demand outlook Saudi Energy Minister Prince Abdulaziz bin Salman met Russian officials during the St. Petersburg International Economic Forum and emphasized the need for stable global energy supplies. Both countries highlighted uncertainty surrounding future oil demand and reaffirmed cooperation on energy market stability. Industry experts say the discussions could

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Riyadh Introduces Flexible Working Hours Across Major Business Districts

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New initiative supports productivity and urban development goals Saudi Arabia has launched flexible working hours in six major business districts across Riyadh. The initiative aims to reduce traffic congestion, improve employee productivity, and enhance quality of life while supporting the Kingdom’s Vision 2030 modernization efforts. Business leaders believe the move could increase workplace efficiency and

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UAE Non-Oil Business Activity Continues Expanding Despite Trade Challenges

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Private sector growth remains positive as companies adapt The UAE’s non-oil private sector continued growing during May, with the PMI rising to 52.6. Businesses faced delays in shipping and logistics due to disruption around regional trade routes, but overall activity remained in expansion territory. Companies remain optimistic about future growth, supported by strong domestic demand

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Saudi Arabia’s Non-Oil Economy Hits Three-Month Growth High

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Domestic demand drives private sector expansion despite regional challenges Saudi Arabia’s non-oil private sector recorded its fastest growth in three months during May 2026, according to the latest PMI data. Improved domestic demand, stronger business activity, and stabilizing supply chains helped boost economic performance. While export orders remain under pressure from regional tensions and shipping

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