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New India–Saudi Shipping Route Strengthens Red Sea Trade

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Direct maritime connection boosts logistics and regional commerce A new shipping corridor linking India’s Mundra Port with Saudi Arabia’s Jeddah Port has been launched, creating an important logistics route through the Red Sea. Trade experts believe the route will improve cargo movement between South Asia and the Middle East while strengthening Saudi Arabia’s position as […]

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UAE Business Activity Expands Despite Shipping Challenges

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Companies remain optimistic about future growth The UAE’s non-oil business sector continued expanding during May, even as companies faced delays and higher costs linked to regional shipping disruptions. The latest PMI report showed growth remained above the expansion threshold, with businesses reporting improved output and confidence in future activity. Dubai’s private sector continues benefiting from

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Saudi Arabia’s Non-Oil Economy Continues Strong Expansion

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Domestic demand drives fastest private-sector growth in three months Saudi Arabia’s non-oil private sector recorded its strongest growth in three months during May, according to the latest PMI data. Business activity expanded due to stronger domestic demand, improved supply chains, and increased contract activity. While export orders remain affected by shipping disruptions and geopolitical concerns,

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UAE Stock Markets Rise Despite Ongoing Regional Uncertainty

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Dubai and Abu Dhabi indexes post gains as investors remain confident UAE financial markets ended the week higher despite stalled diplomatic talks and continuing regional tensions. Dubai’s main stock index rose 0.9%, supported by gains in industrial and utilities companies, while Abu Dhabi’s benchmark index advanced 0.3%. Market analysts say investor confidence remains resilient because

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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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Digital Payments Expansion Accelerates Across Saudi Arabia and GCC

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New partnerships boost fintech and e-commerce growth Digital payment adoption across Saudi Arabia and the GCC continues to accelerate as payment technology providers expand partnerships with major retailers and healthcare companies. Recent agreements between payment firms and regional businesses are expected to improve online transactions, customer experiences, and cross-border commerce. The trend reflects broader growth

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