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Press Dossier   By Date  10/03/2026
Saudi Awwal Bank ranked first across all categories in the Euromoney Global Trade Finance Solutions Awards
Saudi Arabia: Saudi Awwal Bank (SAB), one of the leading banks in the Kingdom of Saudi Arabia, has achieved the top global ranking across all categories in the Euromoney Global Trade Solutions Awards under its newly introduced client-centric evaluation framework.
Saudi Aramco offers spot crude supplies as Hormuz closure disrupts shipments: Report
Saudi Arabia: Saudi Aramco has offered immediate crude oil supplies as the ongoing conflict and closure of the Strait of Hormuz disrupt shipments and force trade flows to be rerouted through the Red Sea.
Dubai Residential REIT to distribute $150m cash dividends for H2 2025
United Arab Emirates: Dubai Residential REIT, a shariah-compliant real estate investment trust, said it has won approval from the company's shareholders at the Annual General Meeting for the distribution of AED550 million ($150 million) cash dividends for H2 2025, thus reflecting its strength in the REIT’s portfolio and confidence in Dubai’s residential leasing market
Saudi Industrial Export Company inks Syria smart meters supply deal
Saudi Arabia: The Saudi Industrial Export Company (SIEC) has announced the signing of a non-binding MoU with GTronics & Significa Company for the delivery and implementation of single-phase and three-phase smart electrical meters for a project in Syria.
India-bound tanker with Saudi oil sails through Hormuz, says report
Saudi Arabia: A Greek-operated oil tanker has sailed through the Strait of Hormuz with a cargo of Saudi Arabian crude and its destination listed ​as India, reported Reuters citing the data from ship tracking platforms Kpler and Lloyd's List Intelligence.
Bapco Energies declares force majeure
Bahrain: Bapco Energies, Bahrain’s integrated energy company, has served notice of force majeure on its group operations which have been affected by the on-going regional conflict in the Middle East and the recent attack on its refinery complex.
Saudi GDP grows 4.5% in 2025: GASTAT
Saudi Arabia: Saudi Arabia’s economy expanded 4.5 percent in 2025, driven by gains across oil, non-oil and government activities, as stronger crude output and steady domestic demand helped accelerate growth.
Oil markets ‘in panic mode’ as analysts warn of even greater disruption
Saudi Arabia: Oil prices climbed above $100 a barrel on March 9 for the first time since 2022 as conflict between the US-Israel alliance and Iran continued, but analysts believe more shocks could be on the way.
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