Latest news and articles about gulf trade from NEX English
The Saudi Riyal experienced a notable decline at the start of trading on Thursday, April 9, 2026, raising questions about the reasons behind this drop. This change comes at a sensitive time for the Saudi economy.
Four Asian workers were injured in an incident at Khorfakkan Port, suffering injuries from shrapnel. The accident raised concerns about worker safety in ports, especially amid increasing commercial activities in the region.
Turkey's Trade Minister, Omar Bulat, announced the provision of 15-day transit visas for all commercial truck drivers from Saudi Arabia to meet the rising demands from the Gulf region. This decision follows extensive communications with the Saudi government amidst the closure of the Strait of Hormuz.