News #Saudi Arabia

Ferns N Petals (FNP), an omni-channel gifting and floral retail company, is planning to go public by the end of 2028 as it looks to accelerate its expansion plans and pursue acquisitions, according to Reuters.

Saudi Arabia has extended the grace period for employers to regularise expired work permits for foreign workers until December 31, 2026, providing businesses with an additional six months

Saudi Arabia’s crucial East-West pipeline that circumvents the Strait of Hormuz is pumping oil at its full capacity of 7 million barrels a day, according to a person familiar with the matter.

OPEC+ has agreed in principle to keep its planned pause on oil output increases for March when it meets later on Sunday, ⁠according to three delegates.