Tag : Saudi Arabia

ACCESS Newswire

U.S. AI and Fintech Giant AngelAi, REDSALT Sign MOU to Expand AngelAi Platforms into Saudi Arabia, Eyeing Saudi Banks for AI Home Finance

omandailynews.com
Fresh off a $100 million growth investment, AngelAi makes Saudi Arabia its base for Middle East expansion, with REDSALT advising on the selection of its Saudi partner bank for AI-powered home finance in the Kingdom...
Business

Brent crude steadies after surge above $103

omandailynews.com
– Oil prices traded near $102 a barrel on Monday after an early jump pushed Brent above $103. Brent crude futures stood at $102.30 a barrel at 0900 GMT, up 5 cents. U.S. West Texas Intermediate crude traded at $90.62,...
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UAE joins Trump meeting on Middle East security in New York

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UAE Deputy Prime Minister and Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan joined a meeting called by U.S. President Donald Trump in New York on September 22. The session brought together leaders and senior officials from Arab and Islamic...
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Nearly 22,000 Pakistanis deported from Gulf over 4 months

omandailynews.com
Official data released by Pakistan’s federal government confirmed that 21,951 Pakistani nationals were deported from Gulf countries between March 1 and July 13, 2026. According to official figures presented to the National Assembly, the deportations occurred due to various infractions...
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Trump cancels Iran strikes pending rapid nuclear deal

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WASHINGTON, D.C. / RankWire.AI / - President Donald Trump said the United States would cancel a planned attack on Iran if negotiators reached a rapid agreement. He said the proposed deal must reopen the Strait of Hormuz and address Iran’s...
Business

Brent crude jumps 9.6% to $83.30 amid Hormuz risks

omandailynews.com
Oil prices surged nearly 10% on Monday as renewed U.S.-Iran conflict focused attention on the Strait of Hormuz. Brent crude futures for September delivery gained $7.29, or 9.6%, to settle at $83.30 a barrel. U.S. West Texas Intermediate crude rose...
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UN envoy cites regional push to end Middle East conflict

omandailynews.com
UN envoy Jean Arnault said regional agreement is emerging around a quick end to the Middle East conflict. He also cited the need to restore trust and support a lasting settlement. Arnault serves as the Personal Envoy of the UN Secretary-General...
Business

ADNOC Gas posts resilient Q1 profit despite disruption

omandailynews.com
ADNOC Gas reported first quarter net income of $1.1 billion, underscoring resilient earnings despite disruption to maritime movements through the Strait of Hormuz. The company said it generated $572 million in free cash flow and ended March with $4.2 billion...
Business

GCC beats global average in 2026 economic freedom index

omandailynews.com
MUSCAT: Gulf Cooperation Council countries outperformed the global average in the 2026 Economic Freedom Index, with the bloc posting an average score of 66.9 against a world average of 59.9, according to data released by the GCC Statistical Centre. The figures pointed to...
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Saudi Arabia and India expand strategic partnership with new committees

omandailynews.com
Saudi Crown Prince and Prime Minister Mohammed bin Salman and Indian Prime Minister Narendra Modi co-chaired the second meeting of the Saudi-Indian Strategic Partnership Council in Jeddah on April 22, 2025. The high-level talks concluded with an agreement to expand...