Business and economic intelligence for the Gulf and Iraq.

Energy

Saudi Export Stockpiles to Run Dry Within Days, Buyers Say

[ontime-keypoints one="Saudi export stockpiles at Yanbu last 5-7 days without the halted East-West pipeline, buyers and traders say" two="The pipeline carried 4 million barrels daily, roughly 4% of global supply, after Hormuz shut"…

6h ago

Business

Trump Rejects AI Slowdown Calls, Says Whoever Wins AI Wins

President Trump dismissed warnings driving calls to slow artificial-intelligence development, telling reporters Sunday in Ireland that negative forces were raising things that won’t happen, according to the Wall Street Journal. He repeated…

3h ago

Business

BRICS bank lists $1.75 billion bond on Nasdaq Dubai

A three-year bond worth $1.75 billion issued by the BRICS-linked New Development Bank has been listed on Nasdaq Dubai, lifting the bank’s total listed debt on the exchange to $3.75 billion. The notes carry a 4.375% coupon and mature in…

12 Sept

Business

Nvidia weighs $10 billion bet on record Anthropic IPO

Talks are underway for Nvidia, the world’s largest maker of artificial intelligence processors, to invest as much as $10 billion in Anthropic’s upcoming initial public offering, Reuters reported, citing people familiar with the matter.…

12 Sept

Two facts

Public Investment Fund · Assets under management: $907 bn (end-2025)

Public Investment Fund·end-2025·17 Aug 2026

Saudi Arabia · Unemployment rate (nationals): 7.2% (Q4 2025)

Saudi Press Agency·Q4 2025·31 Mar 2026