The Saudi Export-Import Bank would provide additional backing to the companies, with other Saudi insurers, international firms potentially joining Handout / ROYAL THAI NAVY / AFP via Getty Images Smoke rising from the Thai bulk carrier "Mayuree Naree" near the Strait of Hormuz after an attack in March Saudi Arabia wants to get ships moving again by picking up part of their insurance tab. Riyadh is considering a state-backed program that would provide up to $186 million in commercial coverage for ships sailing through the Gulf... More Stories CHILLING out Diriyah deploys outdoor cooling tech against Riyadh’s blazing heat DIGITAL DAZZLE Binance’s CZ headlines as crypto crowd pours into Abu Dhabi HAMMER TIME Sotheby’s sells cars, jewelry, handbag at Abu Dhabi auction Navigation Home Features Quick Hits The Daily Circuit Org Charts About Social Subscribe Subscribe Copyright © 2025 · All Rights Reserved · The Circuit Sign into your account Continue Email me a link to sign in I don't have an account Sign in or subscribe to continue to read this article Enter your email and create a password to gain access to our exclusive content Continue Already a subscriber? Sign in Unlock full access Become a premium subscriber Don't miss out! A paid subscription is required to access this page Upgrade Now
Curated by Taleb Kabbara · Source: circuit.news