Business news from Ukraine

Business news from Ukraine

Ukrainians demonstrate cautiously positive attitude toward Saudi Arabia — Active Group and Experts Club survey

According to the results of a study conducted by Active Group and Experts Club in August 2025, Ukrainians express a predominantly neutral or moderately positive attitude toward Saudi Arabia.

According to the survey, 61.2% of respondents have a neutral attitude toward this country. A positive assessment was given by 24.8% of respondents (3.3% — completely positive, 22.5% — mostly positive). A negative attitude was expressed by 11.0% of Ukrainians (3.4% — completely negative, 9.6% — mostly negative), while 7.0% admitted that they were not familiar enough with the country.

“Saudi Arabia is perceived by Ukrainians as a distant and little-known partner. At the same time, the positive assessment of more than a quarter of respondents indicates interest in cooperation and openness to the development of relations,” commented Active Group Director Oleksandr Pozniy.

Experts Club co-founder Maksym Urakyn emphasized the economic aspect:

“In 2025, trade turnover between Ukraine and Saudi Arabia reached $287.2 million. At the same time, exports from Ukraine amounted to $207.8 million, while imports amounted to only $79.4 million, resulting in a positive balance of $128.4 million. This is one of the most balanced areas for Ukraine, especially in the field of agricultural products,” he said.

The survey was part of a large-scale project by Active Group and Experts Club to study Ukrainians’ attitudes toward countries around the world.

 

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Pakistan and Saudi Arabia sign strategic mutual defense pact

Pakistan and Saudi Arabia have signed a strategic mutual defense agreement, under which an attack on one country will be considered an attack on both.

The agreement is called the Strategic Mutual Defense Agreement. It was signed on September 17, 2025, in Riyadh, Saudi Arabia. It was signed by Pakistani Prime Minister Shehbaz Sharif and Saudi Crown Prince Mohammed bin Salman.

The key provision of the agreement is that “any aggression against one party will be considered aggression against both.” The document does not explicitly mention the use of nuclear weapons or specific military assets, but it states that the agreement covers all defense and military means that the parties deem necessary depending on the threat.

The signing took place against a backdrop of heightened regional tensions, particularly following Israeli airstrikes on Qatar and concerns among Arab states about the reliability of US protection. The long-standing relationship between the countries includes cooperation in training, the presence of Pakistani military personnel in Saudi Arabia, and the protection of Islamic holy sites.

The military forces of Pakistan and Saudi Arabia

To understand which countries are part of the agreement, it is important to assess their military capabilities:

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Saudi Arabia launches project on prosthetic limbs for Ukrainians

Ambassador of Saudi Arabia to Ukraine Mohammed bin Abdulaziz Al-Baraka launched the fifth stage of the project of prosthetic limbs for Ukrainians in Poland, implemented by the King Salman Center for Humanitarian Aid and Support from July 14 to 21, 2025. Ambassador of Ukraine to Poland Vasyl Bodnar took part in the project.

This project is a continuation of the humanitarian aid provided by the Kingdom of Saudi Arabia to Ukraine, which included food, medicines and power generators. The aim of the project is to provide prosthetic limbs to those who lost them as a result of the war, which will help improve their quality of life and restore mobility.

The project embodies the Kingdom of Saudi Arabia’s commitment to alleviate the suffering of Ukrainian citizens in the ongoing war in Ukraine and is a continuation of its efforts to mitigate the humanitarian consequences.

The most important goals of the Saudi project are to provide medical assistance to Ukrainian disabled people in Poland. At this stage, prosthetic limbs were fitted to 20 beneficiaries, and the necessary measurements of the limbs for the next stage were taken. Their condition was also monitored, and post-prosthetic rehabilitation and medical education of Ukrainian beneficiaries was conducted.

The Saudi Humanitarian Support Program for Ukraine launched its first phase of the prosthetics project in September 2024. The current stage is the fifth within the framework of this project. Two more stages will be implemented by the end of 2025.

During the previous stages, 115 prosthetic limbs were provided with the participation of 43 qualified medical volunteers. The current stage is being implemented with the participation of seven volunteers. The goal of the project is to fit a total of 137 prostheses, bringing the average number of prostheses fitted per campaign to 30. The project uses the latest Direct Socket prosthetic technology.

The expected cost of all stages of the Saudi humanitarian project to provide prosthetics to Ukrainians, implemented and planned for implementation this year, is USD 3,481,674.67. This project is part of the humanitarian assistance provided by the Kingdom of Saudi Arabia to alleviate the suffering of amputees around the world, empower them and improve the quality of life in the affected areas of the world.

It should be noted that during the visit of Prince Faisal bin Farhan Al Saud to Kyiv in February 2023, Saudi Arabia announced various humanitarian aid packages to Ukraine in the amount of USD 410 million.

Source: arab.com.ua/ukr/news/saudivska-araviya-zapuskae-p-yatiy-paket-1752857775.html

 

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Qatar, Saudi Arabia, and UAE have closed their airspace to civilian aircraft

Due to the escalation of the conflict in the Middle East, particularly following US strikes on Iranian targets, the authorities of Qatar, Saudi Arabia, and the UAE have temporarily closed their airspace to civilian aircraft. This has led to widespread flight cancellations and diversions by major international airlines.

Qatar closed its airspace on June 23. About 100 flights to Hamad Airport (Doha) were rerouted via Saudi Arabia and Egypt, which lengthened flight times and increased fuel consumption and operating costs.
The UAE (Dubai and Abu Dhabi) also suspended the arrival and departure of all civilian aircraft, which are forced to turn back before entering the country’s airspace.

The states took preventive measures due to the threat of strikes against American and Western targets in the region. International airlines — Singapore Airlines, British Airways, Air France-KLM, American Airlines, United Airlines, and Air Canada — have suspended or changed their routes to these destinations. Flight routes are now being rerouted via the Caspian Sea and Egypt, which will significantly lengthen flights and increase their cost.

The US Air Force is expected to be active in the skies over the Persian Gulf. US military aircraft will participate in repelling Iranian strikes on American bases and allied facilities in the region. No official announcement has been made yet on how many flights have been canceled, but the situation has already caused serious disruptions to air traffic. For passengers, this means delays, ticket cancellations, and longer routes. The aviation industry is preparing for higher costs and fewer flights through one of the world’s key transit hubs.

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Saudi Arabia plans to sharply cut oil prices for Asia

In May, Saudi Arabia will reduce prices for all grades of oil for Asian buyers by $2.3 per barrel – the maximum since October 2022.

As a result, the main grade supplied to Asia – Arab Light – will fall to its lowest price in 4 months. It will cost $1.2 more than the Oman/Dubai oil basket, state-owned Saudi Aramco said in a statement. Prices for all oil grades for the U.S. will be reduced by $0.2 per barrel, for buyers from Northwest Europe and the Mediterranean – by $0.5 per barrel.

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Zelensky will visit Saudi Arabia on Monday

Ukrainian President Volodymyr Zelensky said he will visit Saudi Arabia on Monday, but Andriy Yermak, Andriy Sibiga, Rustem Umerov and Pavlo Palisa will meet with U.S. negotiators.
“I will start next week with a visit to Saudi Arabia, and after my meeting on Monday with the Crown Prince, Ukrainian diplomatic and military representatives will stay for a meeting on Tuesday with the American team. The Ukrainian team will consist of Andriy Yermak, Andriy Sibiga, Rustem Umerov and Pavel Palisa,” the president wrote on the X network on Saturday.
Zelensky also said that the diplomatic teams of Ukraine and Britain met in Kiev on Saturday.
“Very productive. Discussed our joint steps that can bring peace closer and accelerate diplomatic work. Grateful for the support. Ukraine is determined to do everything as soon as possible so that it is possible to end this war with a decent and lasting peace,” the president said.
Regarding the negotiations between the Ukrainian and American teams, Zelensky emphasized: “From our side there will be a clear mood for constructive, and we hope that it will be possible to discuss and agree on the necessary solutions and steps. Ukraine has been striving for peace since the first second of this war. There are absolutely realistic proposals on the table. The main thing is to move quickly and efficiently.”
Earlier, US President Donald Trump’s Middle East envoy Steve Whitkoff said that talks between Ukraine and the US would be held in Riyadh or Jeddah in Saudi Arabia on March 11. The kingdom’s Foreign Ministry clarified later that a meeting between representatives of the US and Ukraine on the possibility of ending the war between Ukraine and Russian Federation in will be held next week in Jeddah

 

 

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