Saudi Arabia’s oil officials are privately warning that crude prices could surge beyond $180 per barrel if disruptions to global energy supplies caused by the Iran war persist past late April.
The World Economic Forum (WEF) has postponed its upcoming Global Collaboration and Growth Meeting in Jeddah, citing escalating regional tensions linked to the Iran conflict.
Nigeria, S/Arabia Partner on Tech, Startup Growth
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‎The Solution Innovation District (SID), an initiative of the Anambra State Government, has signed a bilateral Memorandum of Understanding (MoU) with Dhahran Techno Valley Holding Company (DTVC) of the Kingdom of Saudi Arabia to deepen collaboration in innovation,...
‎Hormuz Crisis Raises Alarm for Nigeria, S/Arabia as Global Oil Lifeline Faces Disruption
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‎Rising tensions in the Middle East have placed the strategic Strait of Hormuz at the centre of a growing global economic concern, with analysts warning that a prolonged disruption could trigger severe...
Saudi Arabia has officially opened the booking phase for domestic pilgrims seeking to perform Hajj this year, with authorities introducing strict payment deadlines and updated cancellation policies to streamline the process.
‎Saudi Arabia and global markets are entering a new phase of economic uncertainty as the ongoing crisis involving Iran sends shockwaves through the world’s energy markets, trading floors and supply chains. Analysts warn the disruption could mark one of the most significant tests of global oil stability in years.
