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SABIC is expected to post a SAR308 million net loss in the second quarter of 2026, according to Riyad Capital, as lower petrochemical exports and shipping disruptions through the Strait of Hormuz weigh on performance. Revenue is also forecast to decline 41% year-on-year to SAR21 billion.

Clock13/07/2026

Egypt’s net international reserves rose by $5.9bn in the first nine months of 2026, reaching $57.35bn in September, supported by stronger foreign currency inflows and banking sector assets.

Strong family financial planning can help reduce taxes and support younger generations. From intrafamily loans and asset gifts to inheritance disclaimers, strategic cooperation can create meaningful financial benefits—when families have the trust and structure to make it work.

QatarEnergy has secured a $3 billion five-year syndicated loan from four major Chinese banks, while exploring an additional $5 billion+ facility to support its LNG shipping operations.

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Saudi Aramco CEO Amin Nasser warned that satellite imagery and ship-tracking data are increasingly being used to target infrastructure and oil tankers, highlighting growing security risks linked to technology.

Clock06/10/2026
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