Business & Money | Sunday 7 June, 2026 8:58 am

Critical minerals market cannot be built on OPEC-like model: AlKhorayef

Building a more stable global market for critical minerals cannot be based on a model similar to that of OPEC, said Bandar AlKhorayef, Minister of Industry and Mineral Resources.He explained that minerals differ fundamentally from oil due to the wide variety of mineral products and the distinct...

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Environment & Energy | Sunday 7 June, 2026 8:58 am

Saudi Arabia to remain reliable energy supplier under all circumstances: Energy Minister

Saudi Minister of Energy Prince Abdulaziz bin Salman said that the Kingdom will remain a reliable energy supplier under all circumstances, adding that current geopolitical conditions have proven this.“We did not hope to go through these circumstances, but in fact they have given us the...

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Business & Money | Sunday 7 June, 2026 8:50 am

Saudi Arabia seeks deeper Russia ties in critical minerals: Minister

Saudi Arabia is looking to expand cooperation and joint investment with Russia in the rare earths and critical minerals sector, said Bandar Alkhorayef, Minister of Industry and Mineral Resources.He added that this aims to support the two countries' shared interests and help build more resilient and ...

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Business & Money | Sunday 7 June, 2026 8:45 am

Saudi Cabinet assigns export control mandates to governance committee

Saudi Arabia's Cabinet ruled that all decisions to ban or restrict product exports must be made through the committee overseeing export-control governance procedures. Under the decision, the framework will apply to all export restrictions and bans, including those previously imposed under...

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Business & Money | Sunday 7 June, 2026 8:43 am

Saudi Cabinet sets 5-year deadline to file insurance claims from due date

Saudi Arabia's Cabinet approved new rules governing insurance dispute resolution committees, introducing a five-year limitation period for insurance claims.Under the rules, claims filed more than five years after the amount becomes due will generally not be heard, unless a valid excuse for the...

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Business & Money | Sunday 7 June, 2026 8:42 am

Miahona signs SAR 95M deal to acquire SHAS Water

Miahona Co. said it signed on June 4 a sale and purchase agreement (SPA) to acquire 100% of SHAS Water Co. including its stakes in subsidiaries, according to a statement to Tadawul. The transaction is currently valued at SAR 95.01 million, possibly increasing to a maximum of SAR 102.71...

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Culture & Education | Sunday 7 June, 2026 7:16 am

Red Sea Global Unveils "Red Sea Waves Vol. 2"

Red Sea Global (RSG), the developer behind the world's most ambitious regenerative tourism destinations, has released the second volume of its in-house music album, "Red Sea Waves Vol. 2," produced by Red Sea Studios, the company's media and creative production arm. The new record picks up...

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Environment & Energy | Friday 5 June, 2026 1:42 pm

HAMA GULF Highlights Sustainable Innovation and Responsible Consumption on World Environment Day

On the occasion of World Environment Day, HAMA GULF, part of the globally renowned German technology accessories company HAMA GmbH & Co. KG, is reaffirming its commitment to sustainability by highlighting the measures the company is taking to reduce environmental impact across its products,...

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Environment & Energy | Friday 5 June, 2026 1:33 pm

Ariston Reinforces Its Commitment to Sustainable Living on World Environment Day

 This year, in support of environmental education and grassroots engagement, Ariston Middle East partnered once again with the Emirates Environmental Group (EEG), donating water heaters to schools across the UAE for the third consecutive year.  Alberto Torner, Head of International...

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Business & Money | Thursday 4 June, 2026 12:16 pm

JustMarkets Research Highlights Global Growth Divergence as a Key Market Driver

JustMarkets has identified a growing macroeconomic divergence between major global economies as one of the key forces currently shaping foreign exchange markets. LIMASSOL, Cyprus — According to JustMarkets’ latest market research, currency movements are increasingly being influenced not...

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