Business
Aramco's $67.2bn Half Year Was Built on a Supply Shock
Profit rose 29 percent as Hormuz disruption pushed crude to $108 a barrel in the second quarter. The number says more about the strait than about the company.
Aug 6, 2026
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9 stories for“Saudi Aramco”
Business
Gulf Builders Keep Awarding Work While the Risk Premium Rises
Shipping, insurance and construction costs are all higher because of the Iran conflict. Saudi Arabia and the UAE are pressing ahead with project awards anyway, and the reasoning is deliberate.
Aug 4, 2026
Business
Kingdom Holding's Profit Slips, and the Reasons Are Instructive
Weaker dividend income, higher operating costs and a bigger tax line pushed the Saudi investment house lower in the first half. Each of those pressures applies well beyond one company.
Aug 7, 2026
Business
The Gulf's Next Decade Will Be Decided by Capital, Not Barrels
Roughly six trillion dollars of sovereign wealth now sits behind the region's funds. What that money buys, and where it is deployed, matters more to the next ten years than the oil price does.
Aug 8, 2026
Business
The Thirty-Year Treasury Has Held Above Five Per Cent for a Month, and the Two-Year Is Rising Faster
The long bond closed at 5.27 per cent on 1 and 2 September and has not been below five since July. The two-year has climbed from 4.17 to 4.39 in a week. What the Federal Reserve's own data shows, and why the shape of the move matters more than the level.
Sep 8, 2026
Business
The UAE Now Earns Four Fifths of Its Economy Outside Oil
Non-oil activity reached 79.4 percent of national output in the first quarter, growing at 4.8 percent while the overall economy grew 3. The gap between those figures is the story.
Aug 6, 2026
Business
The Strait of Hormuz Has Been Shut for Almost Six Months. Oil Is at $93, Not $200, and That Gap Is the Story.
A potential war is the wrong frame. Fighting began on 28 February and the strait closed on 4 March. The economic damage is real and measurable, and it is far smaller than the forecasts issued in the first month, for reasons worth understanding.
Aug 22, 2026
