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Folk Maritime’s Poul Hestbaek unpacks growth plans for 2026 amid volatile global trade
We spoke with Hestbaek about their ongoing projects in the Kingdom and their regional expansions
China tightens control on rare-earth minerals
The US is directly affected as it sources 70% of its rare-earths exports from China
GCC freetrade talks are at an “advanced stage”, UK’s Department of Trade says
The agreement will build on investment relations under the Great Futures initiative
Bahri inks SAR 762 agreement to boost bulk fleet
The ships are scheduled for delivery in batches between 2028 and 2029
White Land Tax fees applied to Dar Al Arkan’s 2.8 mn sqm land bank
PLUS: Saudi Arabia and Zambia form joint business council
Non-oil exports up in 2Q + trade balance down to lowest level since pandemic
Oil exports are still on a downward trend
Asia’s super wealthy look to physical gold trade amid global economic uncertainty
Worldwide, wealthy investors have increased their exposure to gold in 2025 by some 120%
US trade policy grinds down global corporate investment
Meanwhile, Wall Street neared record highs due to “euphoric” conditions
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