HUMAIN, a PIF company delivering full-stack artificial intelligence capabilities globally, today announced the first milestone in a long-term strategic ...
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Red Sea Gateway Terminal and CMA CGM Group have agreed to invest an initial $434 million to develop a new container terminal at Saudi Arabia’s Jeddah Islamic Port, adding up...
Saudi Arabia, like many countries in the region, has had its economy severely impacted by the war. The Saudi Finance Ministry is considering offering a cheaper insurance option to revive shipping.
Forced away from the Strait of Hormuz in the Persian Gulf, the Saudis turned to the Red Sea. Now they are relying on a less dangerous but more complicated detour via the Suez Canal.
An agreement was signed in Paris during a French-Saudi Investment Roundtable that calls for CMA CGM and Red Sea Gateway Terminal (RSGT), Saudi Arabia'...
Yemen’s Iran-aligned Houthis said they attacked a vessel off Saudi Arabia’s port city of Yanbu, in comments by the group’s military spokesperson Yahya Saree in a televised ...
Oil exports from Egypt's Mediterranean port of Sidi Kerir have more than doubled. The crude is mostly from Saudi Arabia, according to Kpler.
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