Saudi Aramco resumed oil loading on Friday at its Ras ​Tanura terminal in the Gulf ‌after a near four-month halt, shipping data from LSEG showed.

Two Very Large Crude Carriers were ​seen loading crude at the ​terminal, while another waited nearby, the data ⁠showed. Each VLCC is capable of ​loading 2 million barrels of oil.

The Saudi energy major last loaded ​a cargo from the Ras Tanura ​port for China on March 8, the data ‌showed, ⁠and had to divert all its exports to the Red Sea port of Yanbu after an Iranian blockade of ​the Strait ​of Hormuz ⁠during its war with the U.S. and Israel prevented ships ​from entering the Gulf.

Middle Eastern ​producers ⁠have been ramping up output and exports after the United States and Iran ⁠struck ​an interim dealto ​halt the war.

(Reuters)

 Saudi Arabia has approved plans to design and build its first jointly developed satellite with Egypt, ushering in a new era in space cooperation between the two Arab nations as the Kingdom expands its ambitions in advanced technologies and strategic industries.

The initiative was approved by the Saudi Cabinet during a session chaired by King Salman bin Abdulaziz in Jeddah, according to Saudi Press Agency. 

Few technical details of the satellite programme were disclosed, but the approval signals growing momentum behind regional collaboration in space technologies as Gulf countries increase investments in satellite systems, earth observation capabilities and space research.

The Cabinet also approved executive regulations governing foreign ownership of real estate and endorsed the geographical areas in which non-Saudis may own property, alongside a series of international agreements covering labour recruitment, education, energy, transport and small-business development.

Among the agreements approved were labour cooperation deals with Nepal and Nigeria, an energy cooperation memorandum with Germany, an education and training agreement with the United States and an air transport services agreement with Pakistan.

The satellite initiative comes as Saudi Arabia continues to accelerate investment in high-technology sectors under Vision 2030, which seeks to diversify the economy beyond oil and build domestic capabilities in advanced industries. 

The Kingdom has increasingly positioned space technologies, cybersecurity, artificial intelligence and digital infrastructure among its strategic priorities.

During the meeting, the Cabinet also reviewed the Kingdom’s recent economic and development performance, highlighting Saudi Arabia’s rise to 13th place globally and third among G20 nations in the 2026 World Competitiveness Yearbook. Ministers additionally welcomed the country’s retention of the top global ranking in cybersecurity for a third consecutive year.

GN

Saudi Arabia is considering a major expansion of commercial and community activities within public parks, under proposed regulations designed to boost neighbourhood economies, enhance quality of life and support the Kingdom’s Vision 2030 objectives.

The Ministry of Municipalities and Housing has published draft rules on the Istilaa public consultation platform that would allow a range of commercial, recreational and social services to operate within parks located along residential streets, subject to strict planning and operational controls.

The proposed framework classifies permitted activities according to park size. Parks covering 5,000 square metres or more would be eligible to host men’s and women’s fitness centres, entertainment venues, childcare facilities, non-residential senior citizen centres and day-care services for people with disabilities.

Smaller parks would also be opened to commercial uses. Parks of at least 1,500 square metres could accommodate retail outlets selling fresh and preserved fruit and vegetables, as well as hydroponic farming projects. Those measuring 1,200 square metres or more could host cafés, ice cream shops, fresh juice outlets and flower retailers.

The ministry said the initiative aims to stimulate economic activity within residential districts while preserving the public character of parks and improving access to community services.

Under the proposed rules, commercial developments would be subject to a series of restrictions intended to protect nearby residents. Buildings would be limited to a maximum of 25 per cent of a park’s total area and could not exceed two storeys in height. Commercial facilities would also be prohibited from directly overlooking neighbouring homes.

Parks selected for commercial investment would need to front roads at least 15 metres wide, while cafés would be barred from serving tobacco products.

For larger parks exceeding 5,000 square metres, municipalities would be required to conduct comprehensive traffic studies and implement any resulting recommendations before approving commercial activities.

The draft regulations place significant responsibilities on investors. In undeveloped parks, investors would be required to finance, build, operate and maintain the entire site in accordance with approved technical standards. In existing parks, investors would assume responsibility for operation and maintenance under municipal guidelines governing landscaping and public green spaces.

The ministry also said all projects must comply with Saudi park design standards, national architectural guidelines and environmental noise regulations to ensure neighbouring communities are not adversely affected.

To oversee implementation, the ministry has proposed the establishment of a committee comprising representatives from its departments responsible for privatisation and financial sustainability, urban planning and land management, and licensing and project coordination. The body would review the rollout of the regulations and consider future amendments to the list of permitted activities.

GN