Lebanese Interior Minister Ahmed Al-Hajjar announced the seizure of 125 kilograms of cocaine, the largest shipment recently smuggled into Lebanon, at the port of Tripoli. He emphasized close coordination with Saudi Arabia in drug control and confirmed ongoing investigations and pursuit of suspects.

Saudi Arabia attracted orders exceeding $15 billion for sukuk planned in two tranches with maturities of five and ten years. The kingdom's public debt stood at SAR 1.38 trillion by the end of Q2 2024.

Economic cities in Saudi Arabia serve as key drivers for economic growth and investment attraction, providing integrated environments with advanced facilities and direct government support, featuring strategic sectoral clusters in automotive, food, maritime industries, and cloud computing.

Riyadh First Health Cluster launched the "Primary Health Care Centers Management" program to empower healthcare workers and improve service quality as part of efforts to achieve national health sector transformation.

The Saudi Cabinet, chaired by the Crown Prince, formed the Board of Trustees of the World Cup Esports Foundation and approved several memoranda of understanding and cooperation agreements with various countries, alongside important local decisions including promotions and strategy updates.

Prince Faisal bin Mishaal, Emir of Al-Qassim, received officials and guests, praising the comprehensive renaissance in the region and affirming the wise leadership's support for development in line with Saudi Vision 2030.

The Bahrain-Egypt Cooperation Committee approved 15 initiatives and 13 MoUs to boost economic and trade cooperation, with bilateral trade reaching $661.4 million in 2024 and the establishment of an Egyptian commercial center in Bahrain to facilitate business.

European stocks edged higher supported by defense shares, while Tokyo's Nikkei index fell due to pressure from the chip sector. Novo Nordisk shares rose following positive data on its heart-protective drug Wegovy.

Jebel Ali Port ranked ninth globally among the top 10 ports according to the British "Lloyd's" 2024 report, recording a 7.5% growth in container throughput. Chinese ports dominate the list with a clear control over global container traffic.

Market participants expect OPEC+ to maintain current production levels in their upcoming meeting, halting recent production increases despite a roughly 9% drop in global oil prices this year due to supply surplus.