Saudi Arabia’s PIF has launched a dual commercial paper programme in U.S. and Euro markets to diversify its funding sources and enhance short-term liquidity while securing top credit ratings from Moody’s and Fitch.
The Gulf Cooperation Council has condemned Iran’s strike on a U.S. base in Qatar and Israel’s ongoing aggression in Gaza, calling for an end to hostilities and praising Qatar’s role in brokering the recent ceasefire.
The PSX rebounded sharply as news of a temporary ceasefire between Iran and Israel, along with falling oil prices, restored investor confidence. The KSE-100 Index jumped over 6,500 points in intraday trade, reversing steep losses from the previous session.
Iran and Israel agree to a full ceasefire after twelve days of conflict. Trump announces phased truce, hails diplomatic victory.
Saudi Arabia's Nuclear and Radiological Regulatory Commission has confirmed a lack of radioactive effects or radiation risk after US airstrikes on Iranian nuclear sites including Fordow as regional authorities move quickly to reassure the public and downplay environmental fallout concerns.
United Nations Secretary-General António Guterres has described the US' military action as “a direct threat to international peace and security.” In a rare and forceful statement, he said, “This is a dangerous escalation in a region already on the edge.”
The US State Department has reissued a Level 2 travel advisory for India, citing terrorism, rising violent crime, and sexual assault—particularly warning women not to travel alone. The advisory restricts travel to Kashmir and urges Americans to exercise caution within the Union.
A sharp uptick will be driven primarily by a planned 40% expansion in LNG output as Qatar's North Field megaprojects come online, reshaping the country’s hydrocarbon trajectory.
Pakistan nominates Donald Trump for the 2026 Nobel Peace Prize after his backchannel diplomacy helped prevent war with India. Islamabad hails his role in defusing tensions and urges global powers to follow suit.
The UAE ranked 10th globally in FDI for 2024, attracting a record Dhs167.6bn as it leads the MENA region and expands digital and clean energy sectors.
