Year: 2026

Saudi Arabia to host trilateral summit with Turkey, Pakistan in Jeddah

Saudi Arabia will host a trilateral summit in Jeddah on Friday bringing together Crown Prince and Prime Minister Mohammed bin Salman, Turkish President Recep Tayyip Erdoğan and Pakistani Prime Minister Muhammad Shehbaz Sharif. The Turkish presidency announced on Thursday that Erdoğan will make a one-day working visit to Saudi Arabia on Friday, during which he

Turkey, Saudi Arabia and Pakistan deepen security ties with defence pact

Turkey, Saudi Arabia and Pakistan signed a joint defence agreement on Friday, Pakistan’s foreign ministry said, as the three countries sought to deepen security cooperation amid heightened military tensions and conflicts in the Middle East. The agreement is intended to strengthen collective deterrence against any act of aggression and stipulates that an armed attack against

Panda: The Supermarket Chain That Became Part of Saudi Daily Life

Panda Saudi Arabia has become one of the most familiar names in the Kingdom’s grocery sector. For many families, a Panda store is simply part of the weekly routine, whether they are buying fresh food, household products, drinks or everyday essentials. The company’s story, however, began on a much smaller scale. Panda was founded in

PIF-backed Lucid says preparing for 2027 production ramp in Saudi Arabia

Lucid Group, which is backed by the Public Investment Fund, said its factory in Saudi Arabia is transitioning from construction to industrialisation. Manufacturing systems across stamping, body, paint and final assembly are being installed and commissioned in preparation for production trials at the 1.36 million square meters AMP-2 site in King Abdullah Economic City (KAEC),

Saudi Arabia sets September Arab Light price to Asia at six-year low

Saudi Arabia has slightly lowered the official selling price for its flagship Arab Light crude oil to Asia in September, according to a pricing statement released on Thursday. State oil company Saudi Aramco <2223.SE> set the OSP for Arab Light to Asia at $2 a barrel below the Oman/Dubai average for September, the document showed.

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