Explainer Saudi investors could emerge as key winners from SpaceX’s historic IPO A new disclosure from Saudi Arabia's Kingdom Holding ahead of SpaceX’s Nasdaq debut shows just how valuable Elon Musk's relationship with Gulf investors has become. Saudi Arabia
Iran partially restores internet after 88-day blackout: What to know The move comes after a nearly three-month internet blackout, marking it as one of the longest outages ever. Iran
Oman enters Gulf AI race with new special economic zone in Muscat Oman will create an AI-focused special economic zone in Muscat governorate. Oman
Who is Handala, the hacktivist group US ties to Iranian intelligence? Handala Hack Team portrays itself as a pro-Palestinian group but is widely believed to be linked to Iranian intelligence. Iran
Analysis Iran’s longest-ever internet blackout leaves 99% offline: What to know By Samuel Wendel In Washington, DC, reporting on regional business and tech
UAE, Egypt, Jordan, Bahrain sign 12 industrial agreements worth $2 billion The third Higher Committee Meeting of the Industrial Partnership for Sustainable Economic Development wrapped up in Amman with 12 new agreements on industrial projects. Legacy: Gulf
New rail network on track to bring billions into UAE economy The railway will serve the UAE’s sustainability goals by reducing carbon emissions in the road transportation sector. Legacy: Gulf
UAE's IDEX weapons fair brings in Russia, China, and billion-dollar deals The United Arab Emirates’ defense expenditure amounted to $22.5 billion last year and is expected to reach $28.6 billion by 2027. Legacy: Gulf
Analysis Ukraine war at year 1: Has Gulf's neutrality on Russia invasion paid off? Gulf countries — mainly the United Arab Emirates, then Qatar — as well as Turkey have been major recipients of Russian real estate investment in addition to direct financial injections. By Salim A. Essaid
Saudi Arabia plans for ‘world’s largest downtown’ in Riyadh The project's centerpiece, a 400-meter cube, will feature both traditional Arabic design elements and futuristic technology. Legacy: Gulf
How Israel’s HevenDrones latest hydrogen-powered drone can help UAE The lightweight aerial vehicle for defense or commercial use is the latest fruit of diplomatic normalization between the two countries, and will be featured at IDEX next week. Legacy: Gulf
COP-28 head Sultan Al Jaber: UAE ‘running toward’ energy transition As the climate summit president continues to face criticism for his role as head of the UAE's state oil producer, Sultan Al Jaber argued that his position will serve more as an asset than an obstacle to energy transition. Legacy: Gulf
IMF director credits Gulf, India in boosting global economy The World Government Summit highlighted critical issues with the global economy and announced flying taxis in Dubai. Legacy: Gulf
Analysis Dubai’s DEWA will be first to use ChatGPT in UAE, but is the tech ready? ChatGPT often makes wrong statements and calculations, yet companies are eager to start using the revolutionary technology. By Salim A. Essaid
China, US deals and robots headline Saudi Arabia's LEAP tech event China's Huawei, Hectar, Lenovo were among major deals reached at Saudi's flagship technology event. Saudi Arabia
Chad President to inaugurate new embassy in Israel, as Netanyahu opens to Africa "Israel’s coming back to Africa and Africa [is] coming back to Israel," Netanyahu told Chadian President Mahamat Deby ahead of opening embassy on Thursday. Israel
Israel approves $33 million for quantum computing consortium Building on its technological knowhow and entrepreneurship, Israel hopes to become a major player in quantum computing. Israel