On Thursday, July 23, 2026, the Saudi economy saw wide activity on several fronts, from major acquisitions by the Public Investment Fund to structural moves by listed companies, amid geopolitical effects impacting supply chains. Market indicators also revealed positive performance, while aviation complaints recorded a notable increase.

In this report, we review the most prominent economic events over the past 24 hours and link them to their local and global context to understand their significance.

Geopolitical tensions reshape supply chains

Disruptions in strategic waterways such as Hormuz and Bab el-Mandeb have cast a shadow over Saudi companies that rely on imports. Anabib Al Sharq Company was forced to redirect shipping routes through Jeddah and Yanbu, raising transport costs by 15-20%, according to the acting CEO. This trend reflects the challenges facing supply chains in the region and may lead to inflationary pressures in the short term.

In contrast, US data showed a decline in jobless claims to the lowest level since 1969, indicating the resilience of the labor market despite economic concerns. This contrast between regional and global conditions highlights the intersections of the Saudi economy with international markets.

Geopolitical tensions raise Anabib Al Sharq shipping costs by 15-20%

US jobless claims fall to lowest level since 1969

Saudi market between structural moves and liquidity

The Saudi stock market (Tadawul All Share Index) rose slightly by 0.3%, closing at 10,804 points with trading volume of 4 billion riyals, while the auction period recorded trading of 16.7 million shares worth 520 million riyals. This positive performance comes amid news of structural moves by major companies.

As part of restructuring, the Capital Market Authority approved a reduction in the capital of Tabuk Agricultural Company by 80.5%, while Naseej Global is preparing to vote on raising its capital by 150% through rights issue shares worth 163.5 million riyals. Electrical Industries also announced the transfer of 42.18 million shares among major shareholders as part of ownership reorganization.

On another note, Darb Saudi Company faces a judicial case obligating former board members to pay an amount of 69.1 million riyals within 5 days, reflecting the importance of compliance with regulatory systems.

Auction: Trading of 16.7 million shares worth 520 million riyals

Tadawul All Share Index rises 0.3% to 10,804 points.. with trading volume of 4 billion riyals

August 26.. Naseej general assembly votes on capital increase through rights issue shares

Capital Market Authority approves Tabuk Agricultural request to reduce capital by 80.5%

Electrical Industries receives a letter from a major shareholder transferring a number of his shares to his subsidiary companies

Darb Saudi: Execution Court obligates former board members to pay an amount of 69.1 million riyals within 5 days of notification

Technology sector and strategic investments

In a notable development, the European Commission approved the acquisition by the Saudi Public Investment Fund of the American electronic gaming company Electronic Arts, confirming no competition concerns. This deal strengthens the fund's position in the technology and gaming sector and aligns with its strategy to diversify assets.

In contrast, the global technology sector is experiencing sharp fluctuations, with Oracle's stock losing more than 50% of its value since June despite its massive contracts for AI infrastructure. This decline raises questions about a potential bubble in the sector, while SABIC continues its preparations to announce its quarterly results on July 30.

Green light from the European Union for the PIF acquisition deal of Electronic Arts

Is the snowball expanding?

SABIC to review financial results for second quarter 2026 next Thursday

Aviation services and tourism sector under the microscope

A report by the General Authority of Civil Aviation revealed a 43% increase in passenger complaints in June compared to last year, totaling 1,965 complaints, led by issues of flights, tickets, and baggage. In contrast, Saudi Airlines and Flynas showed high processing rates.

In tourism, Shams Company is conducting a comprehensive review of its portfolio in preparation for a new investment strategy, benefiting from the tourism boom in the Kingdom. These moves reflect a trend to enhance efficiency and keep pace with rapid growth in the sector.

Civil aviation complaints performance index for June 2026 reveals tally of passenger reports

Shams Chairman: The company is currently conducting a comprehensive review of its business portfolio and operational plans

These developments show the interconnection of the Saudi economy with the global economy, as geopolitical challenges and structural transformations in the market continue. The recent moves by companies and investment funds reflect confidence in the economy's strength, while global indicators such as US unemployment and technology trends remain influential factors.