Red Sea

Brent crude futures were down $1.69, or 1.55 per cent, at $107.06 a barrel by 1128 GMT, while US West Texas Intermediate futures were down $2.6, or 2.46 per cent, at $103.23 a barrel

Traffic through the Strait of Hormuz remained low with only two tankers transiting

Ship traffic through the Bab el-Mandeb strait dropped to its lowest level in months after Yemen’s Houthis attacked Saudi oil facilities

Earlier this month, the Houthis launched missile and drone attacks on Saudi territory

At the center of this evolution is Saudi Arabia Railways (SAR), which is playing an increasingly strategic role in linking the kingdom’s industrial heartlands with its maritime gateways

Built by ZPMC and currently undergoing commissioning, the additions increase the number of ship-to-shore cranes at the terminal from 14 to 17

Many of the world’s most critical subsea fibre cables traverse the GCC region, meaning that a cable cut in one area can disrupt internet services in several countries.

The UAE said it had successfully rescued all 22 people aboard the Magic Seas after an AD Ports Group vessel, Safeen Prism, responded to a distress call