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Binance Hack Leaves Saudi Traders With No Regulator to Call

Oct 30, 2026

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.

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Asian Warehouse Giant Bets $5 Billion on Saudi Wartime Boom

Oct 30, 2026

Asian Warehouse Giant Bets $5 Billion on Saudi Wartime Boom

Singapore's ESR is teaming up with Al Muhaidib, the Saudi family group behind Acwa and Savola, as the war fills the kingdom's warehouses.

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Investors Dump Packaging Maker After It Erases 89% of Capital

Oct 30, 2026

Investors Dump Packaging Maker After It Erases 89% of Capital

Shareholders wiped out years of losses on paper. Investors want proof of a turnaround, and so does the regulator.

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Cut Capital, Then What? Saudi Regulator Wants Recovery Plans

Oct 30, 2026

Cut Capital, Then What? Saudi Regulator Wants Recovery Plans

Saudi Arabia's market regulator wants struggling listed companies to show how they will recover, and to prove their plans are working.

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Aramco Keeps Oil Exports Near Wartime High Despite Attacks

Oct 29, 2026

Aramco Keeps Oil Exports Near Wartime High Despite Attacks

Aramco is shifting cargoes between coasts to keep crude moving, and exports are running just below September's wartime peak.

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Online Beauty Seller Nice One Swings to Loss as Rivals Pile In

Oct 29, 2026

Online Beauty Seller Nice One Swings to Loss as Rivals Pile In

A Saudi online beauty retailer that listed as a unicorn is spending more to hold on to shoppers, and its shares are down three-quarters from the IPO.

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Telecom Giant stc Pays Out Twice the Cash It Generates

Oct 29, 2026

Telecom Giant stc Pays Out Twice the Cash It Generates

Saudi Arabia's biggest telecom company paid shareholders about twice the cash it had left after investing, and it's borrowing to cover the gap.

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Power Firm Acwa Joins $4 Billion US Bet as AI Lifts Demand

Oct 29, 2026

Power Firm Acwa Joins $4 Billion US Bet as AI Lifts Demand

The Saudi developer is teaming up with US investor EIG to buy and build American power plants, as data centres drive electricity demand.

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CapitalSA

Saudi business and markets, explained. Reported from Riyadh. Five stories every weekday at 7am.

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