Stories from Riyadh · Saudi Arabia

Saudi Arabian company Emianiti reported losses of 54,827,000 riyals for the first quarter of 2026. This compares to profits of 10,660,000 riyals during the same period in 2025. The company attributed the losses to declining sales caused by slowing demand following certain delays. A report from a Saudi source indicated a financial figure of 69 billion and 470 million riyals for the fourth quarter.

Saudi Arabian and United Arab Emirates leaders spoke to President Trump within the last 48 hours to request a quick end to the war. The leaders are urging a peaceful solution to the ongoing conflict.

Saudi Arabia and Kuwait have removed previous restrictions regarding the use of their bases and airspace by United States military forces. Reports indicate movements toward an agreement following clashes near the Strait of Hormuz. No new specific facts provided in the current feed to update the existing story. Markets in Hong Kong, South Korea, and Australia also declined, with London and France showing decreases. Iran reported that the situation has returned to normal, while Saudi Arabia maintained it does not wish for accidental conflict. Iranian Foreign Ministry spokesperson Baghaei stated on August 6 that Iran has not yet responded to the US proposal and refuted reports that a ceasefire memorandum is near completion. Major decliners included Delta, AOT, and CPO stocks. The report follows discussions regarding the necessity of such steps for regional security.

A company reported a net profit increase of approximately 39 percent during the first quarter of the current year. Net profits reached 26.9 million riyals. The growth was supported by year-on-year revenue increases and improved net profit margins. These facilities aim to fund capital growth through 2027. A Saudi firm reported a net profit of 288,081,000 riyals for the current period. This represents an increase from the 261,692,000 riyals earned during the same period last year. The company also noted growth in insurance business and increased recoveries from reinsurance companies. Saudi Arabia reported "two chapters of profits" following a period of decline that "continued for sixteen consecutive chapters." Revenues during the same period increased to "two hundred and twenty-five."

Sardar Mudat has been appointed as the new head of the Supreme Election Council.

Sickle cell anemia involves red blood cells becoming rigid and clumping together. These cells can cause blockages in the microvasculature. Such blockages lead to intense pain that often requires emergency medical intervention.

Sudanese, Egyptian, and Yemeni nationals have been penalized for violating Hajj regulations. Authorities have penalized nationals from Sudan, Egypt, and Yemen for violating Hajj regulations. The announcement was made via SBA Al-Ekhbariya.

Saudi Arabia is prioritizing the development of vegetation cover and natural resources as key objectives. The initiative aims to increase community participation in environmental programs to meet sustainability targets under the Saudi Green Initiative.

Al-Khaleej took an early lead against Al-Hilal in the 11th minute through striker Joshua King. King scored after capitalizing on a scramble in front of the goal. Al-Hilal responded with an equalizer from a Savier penalty kick. The match has seen Al-Hilal struggle with tactical positioning, leaving gaps in the midfield. These gaps have allowed Al-Khaleej to create dangerous scoring opportunities. The Al-Hilal team's management of a recent match was noted for its confidence.

A visa exemption agreement between Turkey and Saudi Arabia is expected to significantly boost bilateral investment and business development. The forum in the UAE supports local industries amid uncertainty. The EU has agreed to lower tariffs with the US, according to a report.