Saudi Non-Oil Exports Surge 30% in July as Trade Balance Swells

Saudi Non-Oil Exports Surge 30% in July as Trade Balance Swells

Saudi Arabia’s non-oil sector flexed its muscles in July 2025, with exports—including re-exports—jumping 30.4% compared to the same month last year. The ratio of non-oil exports to imports climbed sharply to 44.6%, up from 33.4% in July 2024, signaling a growing diversification of the Kingdom’s trade portfolio. Machinery, electrical equipment, and parts led the charge, …

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Saudi SME Surge Pushes Commercial Registrations Past 1.7 Million

Saudi SME Surge Pushes Commercial Registrations Past 1.7 Million

Riyadh is witnessing a remarkable surge in business activity, with Saudi Arabia’s commercial registrations surpassing the 1.7 million mark, according to the latest SME Monitor report from the Small and Medium Enterprises General Authority (Monsha’at). The second quarter of 2025 alone saw over 80,000 new registrations, signaling sustained momentum in the Kingdom’s entrepreneurship ecosystem. The …

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Investors Flock as Abu Dhabi Locks In $3 Billion Bond Deal

Investors Flock as Abu Dhabi Locks In $3 Billion Bond Deal

Abu Dhabi’s latest foray into global debt markets turned into a showcase of demand, with a $3 billion dual-tranche bond drawing more than five times in orders. The emirate tightened pricing as the order book swelled past $16 billion, reflecting investor confidence in one of the world’s highest-rated sovereigns. The deal split into two pieces: …

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Colorado Justices Faced Menacing Backlash After Trump Ballot Ban Ruling

Colorado Justices Faced Menacing Backlash After Trump Ballot Ban Ruling

The Colorado Supreme Court found itself under siege—not in the courtroom, but in their own homes—after its 2023 decision blocking Donald Trump from appearing on the state’s primary ballot. Chief Justice Monica Márquez recently revealed the scale of the intimidation campaign, describing a storm of threats that followed the ruling, which invoked the 14th Amendment’s …

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$1.5 Billion Truce: Anthropic Bows to Authors in Groundbreaking Copyright Deal

$1.5 Billion Truce: Anthropic Bows to Authors in Groundbreaking Copyright Deal

A federal courtroom in California has become the stage for a historic turn in the battle between creators and artificial intelligence. Judge William Alsup has given his preliminary nod to a massive $1.5 billion settlement between Anthropic and a class of authors who accused the AI company of plundering their books to feed its algorithms. …

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Trump’s DOJ Indicts James Comey, Reviving Years-Old Feud With Former FBI Chief

Trump’s DOJ Indicts James Comey, Reviving Years-Old Feud With Former FBI Chief

James Comey, the man Donald Trump once fired and later branded a national villain, is now facing criminal charges under Trump’s revived Justice Department. Comey’s legal team insists the accusations are groundless. His attorney said the former FBI Director “denies the charges in their entirety” and vowed to fight them in court. For Trump, however, …

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Bank Muscat Secures $750 Million Five-Year Bond Amid Strong Investor Demand

Bank Muscat Secures $750 Million Five-Year Bond Amid Strong Investor Demand

Bank Muscat has successfully priced a $750 million five-year senior unsecured benchmark bond, tightening its spread to 115 basis points over U.S. Treasuries, with a semi-annual coupon of 4.846%. Initial indications had suggested a spread of around 150 basis points. Investor appetite proved robust, with the final orderbook surpassing $2.3 billion, not including interest from …

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Kuwait Hands Housing Dilemma to the Private Sector After Decades of Bottlenecks

Kuwait Hands Housing Dilemma to the Private Sector After Decades of Bottlenecks

For decades, Kuwait’s promise of housing for every family has been a slow-moving queue—one that today has swelled to 105,000 requests, growing at a steady 3% each year. If nothing changes, that figure could balloon to nearly 200,000 by 2035. The housing minister has now turned the spotlight onto the private sector, urging developers, banks, …

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UAE’s Building Boom: Construction Output to Soar Past $130 Billion by 2029

UAE’s Building Boom: Construction Output to Soar Past $130 Billion by 2029

The cranes aren’t slowing down. From new towers piercing the skies of Dubai to mega-infrastructure reshaping Abu Dhabi, the UAE’s construction engine is charging ahead with output expected to hit $130.8 billion by 2029—up 22% from 2024 levels, according to new industry projections. The sector has been on an unstoppable climb since the start of …

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Abu Dhabi Taps Global Markets with Dual-Tranche Dollar Bonds

Abu Dhabi Taps Global Markets with Dual-Tranche Dollar Bonds

Abu Dhabi has rolled out a fresh pair of dollar-denominated bonds, setting the stage for another heavyweight entry into international debt markets. The emirate is pitching a three-year Reg S/144A note around 40 basis points over U.S. Treasuries, and a 10-year tranche near 55 basis points. Both senior unsecured offerings carry strong backing, stamped with …

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