Abu Dhabi merges ADQ into new wealth fund L'IMAD: What to know Under the new structure, Sheikh Khaled bin Mohammed, the crown prince of Abu Dhabi, will oversee a broader swath of the emirate’s investment holdings. United Arab Emirates
Saudi defense chief visits White House as Riyadh wary of Iran strike The visit is occurring as the Pentagon amasses an armada off Iran and the United States continues to threaten to strike the Islamic Republic militarily. Saudi Arabia
UAE launches sovereign open-source AI model K2 Think: What to know The Gulf state is one of the few countries in the world developing its own sovereign open-source AI model to counter the dominance of the United States and China in the sector. United Arab Emirates
Thousands rally for South Yemen independence amid Saudi diplomatic push Large protests called for southern independence in Yemen on Friday, reflecting persistent support for the separatists despite the Saudi-backed government’s efforts to quash the separatist movement. Yemen
Why G7's economic policy toward Russia might alienate Saudi Arabia The G7 has seized hundreds of billions of dollars in Russia’s frozen assets in response to Moscow's 2022 invasion of Ukraine. Saudi Arabia
Trump adds to Gulf portfolio with Dubai tower deal The Trump Organization and Dar Global have unveiled a new development, adding to others in Oman and Saudi Arabia this year. United Arab Emirates
Why Gulf economies are doubling down on natural gas exploration As Gulf states increase gas output, some new capacities will be liquefied and exported to consumer markets, while others will be used domestically to meet increased demand for energy. By Sebastian Castelier
Trump Tower deal announced in Jeddah as Saudi business ties grow The Trump Organization recently unveiled a development in Oman, while Trump’s golf course is again hosting the Saudi-backed LIV Golf this year. Saudi Arabia
Kuwait doubles down on Saudi ties driven by economics, counter-Islamism Kuwait's newly appointed crown prince, Sheikh Sabah Khalid Al Sabah, is expected to advance the already good ties between his country and Saudi Arabia, as the two seek to further their economic prosperity. Kuwait
How the UAE became a magnet for millionaires Lax regulation and easy pathways for obtaining visas have helped attract high-net-worth individuals to the United Arab Emirates. By Sebastian Castelier In Dubai, reporting on regional business
Turkey’s Erdogan, UAE president discuss Gaza during G7 Turkish President Recep Tayyip Erdogan also briefly chatted with US President Joe Biden on the sidelines of the summit. Turkey
As Hajj kicks off, Saudi Arabia looks to expand tourism sector While leisure tourism is gaining momentum in Saudi Arabia, religious tourism still dominates the sector. By Sebastian Castelier In Dubai, reporting on regional business
Invest Qatar sees big role for logistics sector, World Cup spurred investments The Gulf country ranks seventh globally in logistics competence in Agility's Emerging Markets Logistics Index as the Qatar Free Zones Authority brings in top companies in the sector. Qatar
Will Saudi Aramco's massive share sale to raise $12B pay off? Saudi Arabia is selling a 0.64% stake in its state energy company in a bid to offset rising debt and fund its economic diversification plans, but foreign investors remain wary. By Sebastian Castelier In Dubai, reporting on regional business
Le Drian says France keen to help Saudi Arabia transition away from oil France's former top diplomat said that his country was supportive of Saudi Arabia's efforts to diversify its economy. Saudi Arabia
Saudi Arabia sees 477% increase in multinational HQs in first quarter The 127 international companies relocating to Saudi Arabia so far this year follow a Saudi program to attract world businesses. Saudi Arabia
