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Press Dossier   By Date  25/03/2026
QatarEnergy declares force majeure on LNG contracts
QatarEnergy ​on Tuesday declared force ‌majeure ‌on ​some ‌of ⁠its ​affected long-term ⁠LNG ⁠supply contracts, ‌with ‌counterparties ​including ‌customers in ‌Italy, Belgium, ‌South Korea, and ⁠China.
Aramco awards $371m supercomputing contract, signs pipe deals
Saudi Aramco has inked a SR1.39 billion ($370.6 million) deal with Arabian Internet and Communications Services Co., known as solutions by stc, for a supercomputing project dedicated to exploration and production.
Saudi, foreign vessels temporarily exempt from document validity requirement
Saudi Arabia’s Transport General Authority has temporarily waived documentation requirements for issuing and renewing marine navigation licenses and work permits for 30 days, with extensions possible if safety and environmental standards are upheld.
World Economic Forum postpones Jeddah meeting amid Middle East conflict
The World Economic Forum has postponed a meeting scheduled in Jeddah next month on global cooperation and growth, citing current regional developments.
Suspension of operations on some GCC rigs will be short-term, says ADES
Oil drilling firm ADES Holding Co. said the suspension of operations at several Gulf Cooperation Council rigs triggered by the ongoing regional conflict will be short-term.
Iran tensions drive warehouse demand in Saudi Arabia
The Saudi market is witnessing a rapid surge in demand for warehouses and storage space, as companies move to increase inventory levels as a precautionary measure against the impact of geopolitical tensions in the Gulf, which have disrupted transportation and supply chains in recent weeks.
Closing Bell: Saudi main index edges up to 10,949
Saudi Arabia’s Tadawul All Share Index edged up on Tuesday as it gained 3.12 points, or 0.03 percent, to close at 10,949.38.
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