search
Gulf Giants
Trends
- 1
Yemen's Houthi forces say they attacked a site belonging to Saudi oil giant Aramco, as fighting across Yemen escalates. The claim comes amid a broader intensification of hostilities in the country, raising concerns about regional stability and the security of critical energy infrastructure in the Gulf.
- 2
Bangladesh leg-spinner Rishad Hossain is drawing attention as teams finalise their squads for the ILT20 Season 5 player auction in the UAE. Gulf Giants coach Simon Helmot has expressed satisfaction with the franchise's auction picks, while coverage in India has focused on the auction's big names, remaining purses and the only Indian player included among the hundreds of cricketers available for selection.
- 3Saudi Central Bank Buys 322,391 Amazon Shares▼322,391 Amazon.com, Inc. $AMZN Shares Purchased by Saudi Central Bank
The Saudi Central Bank has purchased 322,391 shares of Amazon.com, according to a filing reported by MarketBeat. The stake makes the sovereign institution one of the institutional holders of the US tech giant's stock. The disclosure is drawing attention from investors tracking Gulf central banks' moves into US equities and their growing exposure to major technology companies.
- 4Saudi stocks fall to wartime low as Aramco slides▼Saudi stocks hit wartime low as Aramco slides, Gulf oil exports rebound
Saudi Arabia's stock market has dropped to its lowest level since the outbreak of war, with oil giant Aramco among the main drags on the index. The decline comes even as Gulf oil exports show signs of rebounding, adding to uncertainty over the region's energy outlook and investor sentiment.