Q2 FY2026 earnings call recap: raised EPS guidance, NEOM and Darrow project updates, helium disruption plans, and CapEx outlook—read now.
15h
LIV Golf isn't the only sports property being reconsidered in Saudi reboot of investment strategy
The billionaires in Saudi Arabia are pulling the plug on LIV Golf. It won’t be the first mega sports project they’ve given up ...
Saudi Arabia’s shift toward the Red Sea was not an emergency decision imposed by current conditions in the Strait of Hormuz. Rather, it is an extension of a long trajectory that began taking shape ...
On April 15, Saudi Arabia’s NEOM posted a terse but telling message on X: “Europe- Egypt- NEOM- GCC: your faster route.” Accompanied by a map, the post traced a corridor linking Europe to Egypt’s ...
The Business & Financial Times on MSN
Strategic agility, capital power, growth ambition: Why the Gulf is emerging as a dynamic economic zone and positioning itself as a “New Europe”
By Seade CAESARThe global economic map is shifting, not through sudden disruption, but through gradual rebalancing. For decades, Europe represented the benchmark of economic integration, institutional ...
Disruption to global oil supplies from the Iran war has added more than $100 to the price of long-haul flights from Europe, a ...
Saudi Arabia’s Public Investment Fund (PIF) is restructuring its NEOM projects to enhance economic efficiency and long-term financial sustainability, according to its governor. Yasir Al-Rumayyan, ...
Saudi Arabia’s Public Investment Fund has confirmed that no projects within NEOM have been cancelled, with governor His Excellency Yasir Al-Rumayyan stating that the development is undergoing a ...
Gulf nations begin shifting trade away from the Strait of Hormuz towards Saudi Arabia’s NEOM corridor, signalling a major ...
Public Investment Fund Governor Yasir Al-Rumayyan has said no projects have been cancelled within NEOM, describing current changes as a routine reassessment of spending priorities. Speaking to Al ...
Saudi Arabia’s Public Investment Fund (PIF) has backed Neom by including it as one of six strategic ecosystems in its newly approved 2026-30 strategy. The future of the $500bn gigaproject had been ...
Saudi Arabia’s NEOM has launched a new trade route linking Europe to the Gulf that bypasses the Strait of Hormuz. The Strait of Hormuz ship transit market currently prices YES at a 15% expected ...
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