Analysis Carney bets on Saudi Arabia to help reduce dependence on US: What to know Canada is seeking to diversify away from the United States, with Saudi Arabia and other Gulf states offering key energy and industrial benefits. By Adam Lucente In New York City, reporting on regional news, militancy, climate change
Explainer China expands Sudan footprint through ports, debt relief, mining Reports have emerged of a potential $300 million copper mining deal between the Sudanese government and a Chinese company. Sudan
Analysis Gulf aluminum pursues global deals as Hormuz crisis accelerates shift Gulf aluminum exporters are targeting global deals amid fallout from the US-Israel-Iran war, which has pushed prices to multiyear highs in early June. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Iran war hits Gulf aluminum exports, risking nearly 10% of global supplies The Gulf region is a critical hub for aluminum production, supplying roughly 8% to 9% of global output, with disruptions linked to the war now set to ripple through industrial supply chains. Bahrain
Interview Saudi Arabia keeps doors open to US, China in critical minerals race Bandar Alkhorayef Saudi Minister of Industry and Mineral Resources
Saudi Arabia's SABIC sees second quarter profit rise by 85% to $580M The company's results are encouraging news for the petrochemicals sector, which has been weathering a downturn since the COVID-19 pandemic. Saudi Arabia
China’s Baosteel ups investment in Saudi steel plate venture to $1B A subsidiary of the world’s largest steelmaker, China Baeowu Steel Group, will have a 50% stake in a major new Saudi-based venture. Saudi Arabia
UAE main destination for smuggled African gold, report claims Swissaid estimates that 405 metric tons of gold, mostly mined by small-scale or artisanal miners, were smuggled out of Africa in 2022 and ended up in the UAE. United Arab Emirates
UAE eyes Zambia mine as minerals race heats up against Saudi Arabia, China Wealthy Gulf countries are racing against China, Europe and the United States for minerals critical to powering the global green transition. United Arab Emirates
