PIF Executive Takes Over Red Sea City Developer as Losses Widen

Naif AlHamdan starts the day the King Abdullah Economic City builder's quarterly loss nearly doubled. His case rests on cars, cargo and pilgrims.

2 hours ago

OPEC+ Hits Pause as Fight Over 2027 Quotas Takes Shape

The December freeze changes little while Gulf producers pump below target. The real contest is over next year's baselines.

6 hours ago

The Show Goes On in Riyadh, Sirens and All

Riyadh Season is carrying on under missile alerts. Some of its home crowd is still coming, but the international draws are off and hotels are half empty.

1 day ago

Binance Hack Leaves Saudi Traders With No Regulator to Call

The world's biggest crypto heist has frozen withdrawals for millions of users. In Saudi Arabia, where crypto sits in a legal grey zone, there's nobody at home to complain to.

1 day ago