Seven OPEC+ countries keep September production requirements for November
Saudi Arabia and six partners reaffirmed market-stability commitments after a virtual review.
Saudi Press Agency
Energy focus +
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514 storiesWorld economy and business news — Page 16
Developments in the world economy, international trade, finance and energy. Source-linked reporting appears in this section.
Qassim palm residues point to new processing and manufacturing uses
SPA reports potential applications ranging from fertilizer and feed to fibreboard and bioenergy.
Saudi Press Agency
SAMA and banks review open-banking priorities
The forum focused on payment-initiation readiness, business adoption and coordination with fintech firms.
Saudi Central Bank (SAMA)
SAMA raises repo and reverse repo rates by 25 basis points
The policy rates rose to 4.50% and 4.00%, respectively, under the central bank’s monetary-stability mandate.
Saudi Central Bank (SAMA)
Saudi Arabia allocates SAR 1.64 billion in September local sukuk
The government issuance was divided into six maturity tranches running from 2029 to 2041.
Saudi National Debt Management Center
S&P affirms Saudi Arabia at A+ with stable outlook
The finance ministry’s account of the rating decision includes the agency’s economic projections and risk assessment.
Saudi Ministry of Finance
Taibah Valley outlines intellectual-property support for innovators
The university investment arm offers consultations and help with patents, designs and trademarks.
Saudi Press Agency
SAMA says Tap to Pay on iPhone will launch in Saudi Arabia
The planned service would let merchants accept contactless cards and digital wallets on compatible phones.
Saudi Central Bank (SAMA)
Zain KSA and DataVolt sign non-binding data-centre MoU
The proposed partnership would develop Saudi facilities for cloud, digital applications and AI workloads.
Saudi Press Agency
UAE targets expansion of AI investment and finance applications
ADGM said it is investing more than AED 400 million in AI capabilities through 2029.
Emirates News Agency (WAM)
UAE central bank joins GCC talks on payment links and financial oversight
The committee reviewed regional monetary developments, payment-system connections, supervision, cybersecurity and AML measures.
Emirates News Agency (WAM)
UAE launches Factory Forward to support factory technology upgrades
The industry ministry consolidated transformation programmes and finance, technical and training support in one initiative.
Emirates News Agency (WAM)
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A source-linked view of wells, energy and markets in five languages.