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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

24/02/2026

	Mexico eyes trade expansion, targets Saudi market with premium rice exports Saudi Arabia: Mexico is preparing to expand its trade ties with Saudi Arabia by exporting high-quality rice to the Kingdom, sources told Asharq Al-Awsat.
	World Bank allocates $50m for transportation projects in Syria Saudi Arabia: The World Bank has allocated $50 million to support vital transportation projects in Syria as the two sides discuss ways to enhance cooperation in the fields of railway and sustainable transport.
	Saudi Arabia’s foreign reserves rise to a 6-year high of $475bn Saudi Arabia: Saudi Arabia’s foreign reserves climbed 3 percent month on month in January to SR1.78 trillion, up SR58.7 billion ($15.6 billion) from December and marking a six-year high.
	US trade policy uncertainty sees muted response from markets Saudi Arabia: President Donald Trump renewed his condemnation of the US Supreme Court on Monday after it ruled against his sweeping tariff program last week, vowing to ‌turn to ‌other powers ‌and ⁠licenses but giving no ⁠details.
	Apparel Group expands Saudi presence with 25 new brands Saudi Arabia: Apparel Group is seeking to strengthen its presence in the Saudi market through digital commerce expansion, adding 25 new brands to its portfolio, and plans to grow its store network by 200 outlets this year to reach a total of 1,000, CEO Neeraj Teckchandani told Al-Eqtisadiah.
	Combined Group Contracting wins $252m Kuwait Oil Company deals Kuwait: Combined Group Contracting Company, a specialist in the construction of residential, commercial and governmental buildings as well as roads and oil and gas projects, has secured contracts worth KD77.3 million ($252 million) from Kuwait Oil Company (KOC).
	Buhur, Jindal to set up carbon steel pipe manufacturing plant in Saudi Arabia Saudi Arabia: Saudi Authority for Industrial Cities and Technology Zones (Modon) has signed an agreement with a venture of Saudi-based Buhur Investment Company and Indian industrial group Jindal Saw to establish a key manufacturing plant for Helically Spiral Welded (HSAW) pipes in the kingdom.
	Ducab marks regional first successful test of extra high voltage cables Unitted Arab Emirates: Ducab, a leading UAE-based end-to-end energy solutions provider and manufacturer of high-quality cables and wires, has marked a significant milestone.

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