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
Saudi Prince Alwaleed bin Talal invests in Elon Musk’s $24B AI startup Kingdom Holding Company also holds a stake in Elon Musk’s social media platform X, formerly Twitter. Saudi Arabia
Huawei launches Egypt public cloud service as China ties grow Last September, Huawei announced that it would pump $430 million into North Africa to build the firm's first cloud center there as well as train thousands of developers and tech specialists. Egypt
Turkey's fastest drone plays key role locating Iran helicopter crash site The location of the helicopter crash site was identified by Turkey’s Akinci drone, according to Turkish officials, after Ankara sent teams to help Iran's search mission. Turkey
Interview AI pioneer Schmidhuber bets on Saudi Arabia for trillion-dollar breakthrough Juergen Schmidhuber, a pioneering AI researcher told Al-Monitor that Gulf players have opportunities to take on traditional tech powerhouses in this high stakes AI race. Juergen Schmidhuber AI computer scientist
Israel's Elbit clinches $53M deal to sell mortar systems to Europe Between 2019 and 2023, Israeli weapons constituted 2.4% of the global market, massively reshaped by Russia's invasion of Ukraine and increased imports by European countries. Israel
Chinese investors skeptical as Gulf pushes for deeper economic ties with Beijing Gulf states are building economic ties with Beijing in non-energy fields, but Chinese investors remain skeptical of ambitious economic diversification plans in the Gulf. By Sebastian Castelier In Dubai, reporting on regional business
Interview Saudi Arabia's giga-projects to offer 'testing ground' for British technology Saudi startups and fintech firms are looking to tap into the United Kingdom's $1 trillion tech market. Matt Jones Saudi British Joint Business Council Project Officer
What Binance's new Dubai license means for UAE cryptocurrency sector Binance, one of the largest crypto exchanges in the world, has experienced some legal setbacks recently and is the latest firm to receive Dubai’s coveted VASP license. United Arab Emirates
Google fires 28 staffers after protesting Israel cloud contract More than two dozen staff members have been fired after being arrested for protesting Google’s involvement in Project Nimbus, a $1.2 billion Israeli government cloud contract that also includes e-commerce giant Amazon. Israel
Microsoft pumps $1.5B into UAE's G42 amid US-China tech power struggle Washington reportedly threatened to punish G42 if it did not reduce its ties with Beijing and strengthen its US commitments. United Arab Emirates
IDF scrambles GPS systems in central Israel against potential Iranian reprisal The Israeli military is apparently behind disturbances to location-based applications in central Israel in an effort to thwart potential airstrikes from Iran and its proxy forces. Israel
With $40B fund, Saudi Arabia looks to become world leader in AI The fund would make the Gulf state the world’s largest investor in AI and help the kingdom realize its Vision 2030 agenda to diversify the economy away from oil. Saudi Arabia