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Tariff-triggered oil slump could deepen Saudi budget strain
Lower oil revenues could prompt deeper budget cuts, fresh debt issuance, and reprioritization of Vision 2030 projects
HSBC is expanding investment banking operations in Middle East, Asia
PLUS: Opec+ will stick to its guns on boosting oil output
Aramco, Siemens Energy launch the Kingdom’s first Direct Air Capture test unit
PLUS: Jabal Omar finalizes SAR 1.14 bn land sale
Saudi, Russia doubles down on Opec+ ties
The two countries reaffirmed Opec+ commitments and discussed peace efforts in Ukraine
Almajal Alarabi Group + SMC Hospitals each mull Tadawul IPOs
PLUS: Saudi businesses landed 14 agreements valued at SAR 200 mn at the Saudi National Products Exhibition
Supercopa de España semi finals begin at King Abdullah Sports City Stadium tonight
PLUS: Nice One makes its Tadawul debut today
UK Prime Minister lands in the GCC today
The PM is scheduled to meet with Crown Prince Mohammed bin Salman
Brent prices staying steady despite supply deficit + geopolitical risks, Goldman says
Goldman sees prices rising if Iranian supplies drop amid stricter sanctions
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