Oil prices fall for 3rd straight month as Saudi-led OPEC+ weighs more cuts The falling oil prices are being driven further down by China’s slowdown and are affecting Saudi Arabia’s diversification plans. Saudi Arabia
Billion-dollar AI, clean energy deals headline Saudi 'Davos in the Desert' Humain, an AI firm backed by the Saudi sovereign wealth fund, the PIF, signed a $3 billion deal with AirTrunk, a company backed by US asset manager Blackstone, to build a data center campus in the kingdom. Saudi Arabia
Delta to launch first direct US-Saudi flight as business ties deepen Beginning in October 2026, Delta will fly from its Atlanta hub to the Saudi capital three times a week on an Airbus A350-900 — a route that will span more than 7,000 miles. Saudi Arabia
Saudi Arabia grants citizenship to Uber co-founder, Red Sea Global CEO Uber co-founder Travis Kalanick and Red Sea Global CEO John Pagano have been granted Saudi citizenship. Saudi Arabia
Interview Dar Global hints at Trump real estate deals in Saudi Arabia’s gigaprojects Ziad El Chaar Chief Executive Officer, Dar Global
Gaming giant Electronic Arts taken private in $55B Saudi-backed buyout The transaction represents a significant deal involving entities close to the Saudi Arabian and US governments. Saudi Arabia
Saudi Arabia courts Chinese firms in mining investment drive Mining and Industry Minister Bandar Alkhorayef met with executives from more than 20 mining firms in Beijing on Thursday. Saudi Arabia
Analysis OECD forecasts 3.7% growth for Saudi Arabia, citing US tariff shield The kingdom is projected to grow at 3.7% this year, 1.9 percentage points more than forecasted in June. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Middle East debt issuance near $200B record amid September borrowing surge A borrowing boom driven by Saudi Arabia and Turkey arrives amid a broader wave of issuances in 2025, underlining the Middle East’s status as one of the busiest and most resilient players in international debt markets. Saudi Arabia
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
Google Pay, China’s Alipay+ launch in Saudi Arabia amid cashless push Both payment platforms will use mada, the kingdom’s national payment system. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Saudi Arabia launches 24-hour women’s sports channel: What to know The launch coincides with the start of the Saudi Women’s Premier League season, which will see the soccer competition broadcast nationally and globally for the first time. Saudi Arabia
Saudi crown prince vows to ground soaring property prices: What to know Crown Prince Mohammed bin Salman vowed to implement policies aimed at reducing real estate costs and providing a wider range of housing options. 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
From Milan to Dubai: Giorgio Armani's sprawling Middle East legacy The Italian designer's eponymous brand has luxury real estate in the Gulf, as well as North Africa. United Arab Emirates
Saudi Arabia, UK announce over $445M in investments: What to know The agreements aim to boost bilateral trade and will also support Saudi Vision 2030 reforms to diversify the economy away from reliance on oil by the end of the decade. Saudi Arabia
