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Keywords: Saudi Arabia
The International Monetary Fund (IMF) has raised its forecast for global economic growth in 2026, citing a recovery in investment linked to artificial intelligence (AI). However, the organisation has warned that rising energy costs and mounting financial risks could limit economies’ ability to......
Saudi Arabia is continuing preparations to host the 2027 AFC Asian Cup despite questions surrounding the regional security situation and its potential implications for the continental football tournament. The competition is scheduled to take place from January 7 to February 5, 2027, bringing together......
The United Nations Security Council has strongly condemned what it described as continuing and escalating Houthi attacks against Saudi Arabia, particularly strikes targeting civil aviation infrastructure and the energy sector that reportedly caused civilian deaths and injuries. In a statement issued......
FIFA and the Saudi Esports Federation have postponed the 2026 FIFAe Finals, which were scheduled to take place in Jeddah from October 16 to 25. Organizers announced the decision on Thursday, October 15, citing recent developments in the region and their impact on the logistical arrangements required......
International Monetary Fund (IMF) Managing Director Kristalina Georgieva has warned that recent attacks targeting Saudi Arabia could have far-reaching economic consequences, as rising energy costs and regional instability threaten to affect markets and consumers worldwide. Speaking to journalists on......
Global oil prices climbed on Monday as escalating attacks in Saudi Arabia heightened concerns about the security of critical energy infrastructure across the Middle East, adding fresh uncertainty to markets already exposed to geopolitical tensions and disruptions along key shipping routes. Brent crude......
The International Monetary Fund (IMF) expects the global economy to continue expanding at a moderate pace, forecasting growth of 3.1% in 2026 and 3.4% in 2027, according to its October 2026 World Economic Outlook. The projection for 2026 has been revised upward by 0.1 percentage point from the fund’s......
The European Union is considering additional measures to reinforce its naval mission in the Red Sea as concerns grow over renewed Houthi attacks and their potential impact on international maritime traffic. Speaking to journalists on Monday, October 12, ahead of a meeting of EU foreign ministers in......
The US dollar remained close to its highest level in 18 months on Monday, supported by investor caution and demand for safe-haven assets amid geopolitical uncertainty. Although the dollar index edged down slightly to 102.16 points, it stayed near the peak recorded the previous week. The dollar index......