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Humain to launch self-driving trucks across Saudi Arabia

The PIF-owned AI company is teaming up with California-based Applied Intuition to build a network that may eventually include robotaxis and ports

UAE probes Banque Misr after U.S. moves to cut dollar access

The U.S. penalty would block Banque Misr UAE from using American banks to clear dollar transactions, severely restricting international business

Kuwait, Qatar shipping more oil from Gulf, using smaller vessels

Daily oil traffic through the Strait of Hormuz has nearly doubled since mid-July, rising to some 7 million and 8 million barrels as crude prices drop

Axel Springer invests in The Circuit, expands to Middle East

The firm, which publishes Bild, The Telegraph and Politico, aims to be the top provider of digital and AI-supported journalism in the free world

Saudi Arabia may subsidize war insurance costs for Gulf shipping

The Saudi Export-Import Bank would provide additional backing to the companies, with other Saudi insurers, international firms potentially joining

Quick Hits

The Daily Circuit: Humain to deploy self-driving trucks + Arada invests in Syria

DAMASCUS DEAL

UAE’s Arada signs $7 billion deal with Syrian Sovereign Fund

on the road

Humain to launch self-driving trucks across Saudi Arabia

following up

UAE probes Banque Misr after U.S. moves to cut dollar access

all aboard

Shipping draws pension funds amid disruptions in Middle East

The Daily Circuit: UAE probes Banque Misr + ePointZero to buy Azura

cargo comeback

Kuwait, Qatar shipping more oil from Gulf, using smaller vessels

The Daily Circuit: Kuwait, Qatar boost oil shipments + EDGE’s Brazil cyber center

SHIP SHOPPING

ADNOC spends $2.7 billion to buy new ships amid Iran conflict

The Daily Circuit: Axel Springer invests in The Circuit + ADNOC’s new ships

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