July 5, 2026
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Tag : Saudi Arabia

News

UN envoy cites regional push to end Middle East conflict

omandailynews.com
NEW YORK / MENA Newswire / — 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 for the Middle East......
Business

ADNOC Gas posts resilient Q1 profit despite disruption

omandailynews.com
ADNOC Distribution reported record Q1 2026 profit and EBITDA growth as fuel volumes, retail sales and network expansion lifted results....
Business

GCC beats global average in 2026 economic freedom index

omandailynews.com
GCC countries scored 66.9 in the 2026 Economic Freedom Index, beating the global 59.9 average as the UAE, Qatar and Oman led the bloc overall....
News

Saudi Arabia and India expand strategic partnership with new committees

omandailynews.com
Saudi Arabia and India have expanded their strategic council with four new committees targeting defence, culture, and global cooperation....
Technology

India and Saudi CST to work together on space and telecom

omandailynews.com
India’s TRAI signed an MoU with Saudi Arabia's CST to collaborate on communications and space technology, strengthening bilateral ties and advancing telecom and space sector regulations....
Business

Saudi Arabia and OPEC+ allies agree to cut oil output by 1.16 million bpd

omandailynews.com
Saudi Arabia and other OPEC+ oil producers announced further oil output cuts of around 1.16 million barrels per day on Sunday, ahead of a virtual meeting of an OPEC+ ministerial panel. The unexpected move takes the total volume of cuts by OPEC+ to 3.66 million bpd, equal to 3.7% of......
Business

Pakistan urgently seeks $3 billion from KSA after plunge in forex reserves

omandailynews.com
Pakistan has requested Saudi Arabia to urgently provide $3 billion in cash after its foreign exchange reserves fell to a critically low level. During his maiden visit to the country, the country’s army chief is expected to play a role in bagging the bailout. The Express Tribune reported that Pakistan......