The wire

JEDDAH — Saudi Arabia is expected to experience warmer-than-normal conditions across most regions from August through October 2026, with rainfall forecast to become more widespread toward the end of the period, according to the National Center for Meteorology (NCM). The NCM’s seasonal outlook indicates a 60 to 80 percent probability of above-normal surface temperatures during the three-month period, with temperatures forecast to rise by as much as 2°C above the climatic average in parts of the Kingdom. The center's long-term climate analysis also shows that August is typically the Kingdom's hottest month, recording the highest average, maximum and minimum temperatures before temperatures gradually decline during September and October. In August, the probability of above-normal temperatures…

RIYADH — Saudi Arabia's Ministry of Human Resources and Social Development conducted more than 120,000 proactive inspections during the first quarter of 2026 as part of efforts to combat human trafficking, strengthen worker protection and improve compliance across workplaces.The ministry said it received more than 1,600 reports of suspected human trafficking cases during the period and referred alleged offenders to the relevant authorities for legal action.It also organized specialized training workshops on identifying indicators of human trafficking to enhance employees' ability to detect suspected cases and respond professionally.Marking the World Day Against Trafficking in Persons on July 30, the ministry reaffirmed Saudi Arabia's commitment to combating one of the world's most serious…

Plus markets are rebounding after a slightly hawkish FOMC, BTC ETFs flip to inflows and MoonPay launches a new AI product + airdrop

CEO James Lanigan cited automation reshaping the business, as the exchange shifts from retail trading toward institutional infrastructure.

Arif Amiri expects DIFC’s next phase of growth to be driven by the convergence of finance, technology and private capital, with further expansion anticipated across family offices, digital assets, sustainable finance and AI in the second half of 2026

JEDDAH — Extremely hot weather is expected to persist across parts of Saudi Arabia from August 1 to 8, with temperatures reaching up to 49°C, according to the National Center for Meteorology (NCM). Beginning Saturday and continuing through Friday, the heatwave is forecast to affect the Eastern Province and the eastern parts of the Riyadh Region, where maximum temperatures are expected to range between 47°C and 49°C. **media[2744215]**

RIYADH — Saudi Arabia's non-oil economy continued to grow in Q2 2026 despite an overall decline in real gross domestic product, which fell 4.8 percent year-on-year due to a 24.7 percent drop in oil activities, according to flash estimates released by the General Authority for Statistics (GASTAT). Despite the overall contraction, non-oil activities grew 0.6 percent compared with the same quarter of 2025, while government activities increased 0.9 percent. **media[2744201]** Oil activities reduced overall GDP growth by 5.4 percentage points, while non-oil activities contributed 0.4 percentage points. Government activities and net taxes on products each contributed 0.1 percentage points. On a seasonally adjusted basis, real GDP declined 4.9 percent from the previous quarter, reflecting a 21.5…

The same technology used to serve personalised advertisements can help threat actors identify executives, monitor movements and deliver spyware through legitimate apps and websites

RIYADH — The Ministry of Foreign Affairs on Thursday expressed Saudi Arabia's strongest condemnation of the continued Iranian aggression against Jordan, reaffirming the Kingdom's solidarity with the country and its people. In a statement, the ministry reiterated Saudi Arabia's support for Jordan in all measures it takes in response to Iran's violations of international law and the principles of good neighborliness. The Kingdom stressed the urgent need for an immediate end to the Iranian attacks targeting Jordan and other countries in the region. It also emphasized the importance of taking serious steps to safeguard the security and stability of the region and its peoples.

The ring copied Flare Network and its FXRP token, and planted Wikipedia entries, blog posts and YouTube videos to look legitimate.

Mawarid Finance and KamelPay have launched AbsoluteCard, a new corporate payment solution for businesses in the UAE. Powered by Mastercard and issued by Mawarid Finance, the product marks KamelPay’s expansion from workforce payments and salary processing into broader corporate expense management. The solution gives organisations real-time visibility and control over business spending, allowing companies to [...] The post Mawarid Finance and KamelPay Roll Out AbsoluteCard for Corporate Payments appeared first on Fintech News UAE .

Technical ability may get leaders into the room, but emotional discipline is what keeps people willing to follow them, especially when criticism and uncertainty reveal how they really behave

The service will be available for land in Al Rahbah, Al Bahyah, and Al Samhah

The market reaction to the Fed’s interest rate announcement is critical

Unlike traditional loyalty schemes, where customers collect points from a single retailer, Bundle creates a shared rewards network

The flight was diverted to London Heathrow

KamelPay has received Stored Value Facilities (SVF) and Retail Payment Services (RPS) licenses from the Central Bank of the UAE (CBUAE), allowing the UAE-born fintech to operate regulated payment services under the country’s payment framework. The approvals place KamelPay among a select group of fintech companies authorised to operate regulated payment services under the CBUAE [...] The post KamelPay Secures CBUAE Licenses to Operate Regulated Payment Services appeared first on Fintech News UAE .

The Saudi cruise line draws on the kingdom’s landscapes, craft traditions and contemporary artists to create what it calls an Arabian experience at sea.

Student travel has now been made easier with Emirates' exclusive perks