Riyadh, the capital city of Saudi Arabia, has been officially declared as the host for the 27th iteration of the World Energy Congress. The event is scheduled to take place from October 26 to October 29, 2026, and is expected to draw experts and stakeholders from across the global energy sector.
In a landmark bilateral move, the United Arab Emirates and Oman have forged investment partnerships valued at $35 billion. This significant economic collaboration was announced during a state visit, marking a new era of financial cooperation between the two Gulf nations.
Meanwhile, oil prices have shown stability despite ongoing geopolitical tensions in the Middle East. The region continues to be a focal point for global energy markets, closely monitoring any developments that could impact oil supply and demand dynamics.
Additionally, the Saudi Diriyah Company has unveiled ‘Zallal’ in the Bujairi District. This ambitious project, upon completion, will feature office buildings with a leasable area of approximately 6,000 square meters and retail spaces, including food and beverage outlets, covering roughly 8,000 square meters.
Lastly, Saudi Arabia is extending an invitation to health companies by showcasing its attractive digital infrastructure. This initiative aims to attract investments and partnerships in the health sector, leveraging the country’s technological advancements to foster growth and innovation.