19 Hrs
الاقتصادية
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الاقتصادية

2026-07-30T17:19:14.827Z

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Iran conflict drives oil firms profits

اقتصاداقتصاداقتصاد
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Iran conflict drives oil firms profits

Bahrain condemns ship attack in Damietta

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Bahrain condemns ship attack in Damietta

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Al-Tarbiyah outlines 4 uniform rules and 63 outlets

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Gold Demand Expected to Stay Steady

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المصدر: الاقتصادية

19 Hrs
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Saudi Arabia spearheads naval coalition

Saudi Arabia spearheads naval coalition

The Saudi Ministry of Defense hosted a meeting that included Chiefs of Staff from 43 countries and representatives from the European Union to discuss Saudi Arabia’s initiative to establish a multilateral maritime defense alliance. The goal of the alliance is to protect the freedom of navigation and secure international maritime routes, especially in the Bab al-Mandeb Strait, the Red Sea, and the Gulf of Aden, in order to confront threats such as attacks on ships and maritime infrastructure, which impact global supply chains. It was emphasized that Saudi Arabia will take the lead in the alliance, which is considered an open international initiative to enhance naval military cooperation, with the aim of safeguarding international trade and energy supplies. The initiative involves the participation and support of 14 countries, with ongoing measures to join and unify the organizational structure in the upcoming phase.

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