Analysis India's Modi visits Saudi Arabia, seeks to boost trade route to counter China India's largely transactional relationship with Saudi Arabia has moved beyond oil sales to a more strategic and closer partnership. By Jennifer Gnana In Dubai, reporting on Gulf energy policy and politics
Analysis Why low oil prices under Trump are unlikely to curb Middle East output Prices stood around $100 a barrel in 2022, under the Biden administration, but hovered between $63 and $66 this past week. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Analysis UAE hedges against global economic volatility with EU trade agreement The UAE is doubling down on bilateral free trade agreements as it hedges against economic headwinds fueled by the United States' universal tariff policy. By Jennifer Gnana In Dubai, reporting on Gulf energy policy and politics
After steep fall, oil prices slightly recover following Trump tariff pause Over the last week, oil prices have plummeted amid the escalating trade war between the United States and China. Saudi Arabia
Saudi crown prince meets Russia's Lavrov at GCC meetings in Riyadh Russian Foreign Minister Sergey Lavrov met with Saudi Crown Prince Mohammed bin Salman and Saudi Foreign Minister Prince Faisal bin Farhan on the sidelines of GCC ministerial meetings in Riyadh. Saudi Arabia
Pakistan to raise $4B from Middle East banks amid economic turbulence For many years, Pakistan has relied on China and Gulf allies Saudi Arabia and the United Arab Emirates to roll over some of its debt to avoid having to repay it sooner. Saudi Arabia
UK’s new government reboots trade talks with Gulf, Israel, Turkey New British Prime Minister Keir Starmer has made economic growth a priority of his Labour government and has pledged to make the UK the fastest-growing economy in the G20. Saudi Arabia
Gulf investment in UK real estate to hit $4B annually, says BLME Research predicts that demographic trends and supply shortages will make the UK's real estate sector a more popular option for investors in the future. Saudi Arabia
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
