Damascus hotel to get revamp in Syria-Saudi partnership: What we know The rebranding and rehabilitation of the Seven Gates Hotel comes as part of an agreement between the Syrian government and the Saudi-owned Le Park Concord hospitality group. Syria
Saudi Arabia's PIF buys $2B majority stake in entertainment giant MBC The deal highlights the PIF’s continued expansion into the regional media and entertainment sector in accordance with Saudi Arabia's Vision 2030 agenda. Saudi Arabia
Saudi Arabia, UAE firms sign $18.5B tourism megaproject for Egypt The new deal forms part of Egypt’s Vision 2030 agenda as the government aims to secure $42 billion in foreign direct investment this year. Egypt
Qataris hail Chinese robotaxis as Gulf embraces driverless cars Three Chinese companies have publicly announced plans to roll out the autonomous vehicles in the Gulf. Qatar
Turkey: $30M credit card scam hits tourists in coastal resort, 20 arrested The alleged ringleader, a hotel owner identified as "H.O.," stole the money by sharing credit card details of tourists checking into the property. Turkey
Mideast airlines to deliver industry’s highest profit margins in 2025 The region's airlines are forecast to hit a profit margin of 8.7% in 2025, slightly lower than last year's figure of 8.9% but the highest in the industry. Saudi Arabia
Saudi airline to resume Hajj flights to Iran after 10-year hiatus: What to know A Saudi-operated flight landed in Tehran last weekend as Iran and Saudi Arabia seek to expand their air connectivity. Iran
Citing lack of security, UAE billionaire abandons Lebanon investments Emirati businessman had previously said he received threats leading to the cancellation of a planned TV channel launch in Lebanon in 2024 Lebanon
Turkey: Death toll from ski resort blaze rises to 79 As officials continue to play the blame game, the number of people detained as part of the investigation into the disaster has increased to 11. Turkey
Turkey declares national day of mourning after ski resort fire kills at least 76 The blaze struck a popular ski resort hotel, leaving dozens dead. Turkey
Saudi's PIF downsizes foreign investment, turns to AI, domestic priorities Saudi Arabia's sovereign wealth fund is looking to invest in tourism, real estate and sustainability as its Vision 2030 deadline draws closer. Saudi Arabia
Sri Lanka arrests 3 men in plot to attack Israeli-run Jewish center: What we know Three Sri Lankan nationals were arrested on Thursday after Israel's National Security Council urged Israelis to leave certain areas of the country due to "credible terrorism threats." By Rosaleen Carroll In Washington, DC, US, reporting on the Middle East
Qatar to join US visa-free travel list in first for Arab country Qatar is set to become the second Middle Eastern country, behind Israel, to join the US Visa Waiver Program. Qatar
Analysis Can Saudi Arabia afford giga-projects with oil prices under $75 per barrel? Riyadh could soon run a current account deficit as oil revenue declines amid huge spending commitments toward ambitious Vision 2030 projects. Saudi-led OPEC has also deferred an output increase plan to allow more time to reach desired oil prices. By Jennifer Gnana , Samuel Wendel
Saudia inks deal for electric flying taxis from Germany amid airline order spree The agreement to purchase 50 jets, with an option for 50 more, was made with Lilium, headquartered outside Munich. Saudi Arabia
Qatar Airways sees annual profit climb by 39% to record $1.67B The Doha-based airline carried more than 40 million passengers over the 2023/2024 financial year, 26% more than over the previous year. Qatar