Gulf - AL-Monitor: The Middle Eastʼs leading independent news source since 2012

Gulf

The PwC Tower, or Libeskind Tower, Milan, March 12, 2021.

Analysis

Can Gulf states slash costly reliance on Western consultancies?

A one-year ban on PwC acquiring work in Saudi Arabia has highlighted the Gulf states' dependency on Western firms and the need to develop local consultancies and talent.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Employees of Aramco oil company work in Saudi Arabia's Abqaiq oil processing plant on September 20, 2019.

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.

Jennifer Gnana

Samuel Wendel

By Jennifer Gnana , Samuel Wendel

GIUSEPPE CACACE/AFP via Getty Images

UAE's final unit of Barakah nuclear reactor hooked to grid: What we know

The Emirates is the only Gulf country with a nuclear power program, though neighboring Saudi Arabia also has atomic power ambitions.

United Arab Emirates

A cargo ship is docked at the port of Yemen's Huthi-held city of Hodeida on July 28, 2024. Photo by -/AFP via Getty Images)

Saudi entity denies its ship hit as Houthis claim attack on Greek tanker

Saudi Arabia's national shipping company Bahri denied reports that its tanker Amjad came under attack by the Houthis, the Yemeni armed group that has stepped up attacks on oil tankers in the Red Sea.

Latest News

Analysis

Telegram CEO's arrest spotlights UAE’s investment-based citizenship laws

MUNICH, GERMANY - JANUARY 24: Pavel Durov of Vkontakte speaks during the Digital Life Design conference (DLD) at HVB Forum on January 24, 2012 in Munich, Germany. ence and culture which connects business, creative and social leaders, opinion-formers and investors for crossover conversation and inspiration. (Photo by Nadine Rupp/Getty Images)

Jennifer Gnana

By Jennifer Gnana

In Dubai, reporting on Gulf energy policy and politics

Heavy floods hit Dubai, airport as Oman toll rises to 18

Dubai's roads were badly hit by the heavy downpours

Agence France-Presse

Oman launches $5 billion 'Future Fund' in sign of economic progress

HAITHAM AL-SHUKAIRI/AFP via Getty Images

Al-Qaeda attack in Yemen kills 2 members of southern forces

Security forces deploy near Aden International Airport in Yemen's southern city on April 14, 2023 during a prisoner exchange between the internationally recognised-government and the Sanaa-based Huthi rebels.

Justin Rose of England and his caddy look on, on the 9th hole during Day Four of the Saudi International.

Saudi Arabia to launch new sports investment group: report

The Financial Times report follows the merger between the Saudi-funded LIV Golf and the PGA Tour, but challenges remain as the kingdom eyes investment in golf, tennis and possibly American football.

Screenshot of video captured of M/T Richmond Voyager being approached by an Iranian naval vessel during an attempt to unlawfully seize the commercial tanker in the Gulf of Oman, July 5, 2023.

Shots fired as Iran tries to seize oil tankers in Gulf of Oman, US Navy says

The United States said Iran’s navy opened fire on a commercial tanker while attempting to seize it off the coast of Oman, in the latest tense encounter since Washington has moved to block sanctioned exports of Iranian petroleum.

Saudi Arabia leads AI global index for strategy as Israel tops Mideast rankings

Saudi Arabia topped the global chart for AI government strategy, which measures the depth of national spending commitments and strategies, while other Middle East and North Africa (MENA) states lagged further behind, beginning in 23rd place.

Zach LaVine (#8) of the Chicago Bulls goes up for a layup against Daniel Gafford (#21) of the Washington Wizards.

Analysis

After Saudi golf merger, will Qatar’s entry into NBA change US sports?

The Qatari Investment Authority’s bid to purchase stakes in Washington’s professional basketball and hockey teams could boost Qatar’s image and influence in the United States and coincides with similar moves by Saudi Arabia.

Adam Lucente

By Adam Lucente

In New York City, reporting on regional news, militancy, climate change

A picture shows the Iranian South Pars quarter one (SPQ1) gas platform in the Gulf near Qatar's territorial waters on Jan. 26, 2011.

Kuwait rejects Iran's drilling plans in disputed gas field in Gulf

Kuwait and Saudi Arabia have a longstanding dispute with Iran over the Durra gas field. The recent disagreement follows improvement in Iran's relations with both countries.

Visitors use an augmented reality mask on the Saudi Arabia company STCs stand at the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona on February 27, 2023. (Photo by Thomas COEX / AFP) (Photo by THOMAS COEX/AFP via Getty Images)

Gulf investors shape US-China tech competition, from Silicon Valley to Shenzen

Facing a funding drought, big name US venture capitalists have been descending on the Gulf in search of fresh funds.

Samuel Wendel

In Washington, DC, reporting on regional business and tech

Oil rig in California

Oil prices reach fourth quarterly decline on fears of economic slowdown

Benchmark Brent crude futures for September were up 82 cents, or 1.1%, at $75.33 a barrel on Friday.

Prigozhin

What's next for Wagner in Syria, Africa after Putin mutiny?

Yevgeny Prigozhin's mercenary army usually acted as an unofficial extension of Russian foreign policy, but many questions have arisen following last week's aborted revolt.

A photo illustration taken on March 30, 2018 in Beijing shows the screen of a laptop with the word "VPN" written in the search field of the Chinese Baidu website. Chinese authorities had announced that all unrecognised VPN services would be blocked by March 31, meaning that Chinese and foreign companies must choose from a limited number of state-approved VPNs. / AFP PHOTO / FRED DUFOUR (Photo credit should read FRED DUFOUR/AFP via Getty Images)

Iran, Yemen, Saudi Arabia follow close behind China in VPN blocking

China led the ranking, blocking about 73% of all attempts to access VPN providers, with Iran and several Gulf Arab countries following close behind.

Brendan Smialowski/Getty Images

Former US envoy to Israel Dan Shapiro named Abraham Accords adviser

Shapiro's appointment to the newly created position comes as the Biden administration seeks to boost Israel's ties in the Arab world, particularly with Saudi Arabia.

Shipping containers are seen stacked on a ship at a sea port in Karachi on April 6, 2023. (Photo by Aamir QURESHI / AFP) (Photo by AAMIR QURESHI/AFP via Getty Images)

What does UAE's latest investment in Karachi Port mean for Pakistan?

The collaboration will give Pakistan a thriving container terminal that can attract investment and help revive the economy.

Muslim worshippers take pictures of each other after attending the Eid al-Adha morning prayers at Doha's Education City Stadium, which hosted matches during Qatar's 2022 FIFA World Cup, on the first day of the Muslim holiday on June 28, 2023. Eid al-Adha, or Feast of Sacrifice, marks the end of the hajj pilgrimage to Mecca. (Photo by KARIM JAAFAR / AFP) (Photo by KARIM JAAFAR/AFP via Getty Images)

Qatar seen most peaceful in Middle East as Israel dips, Turkey ties Iran: GPI

The Global Peace Index placed Turkey as the least peaceful country in Europe ranking, and tied with Iran as the 147th most peaceful country globally.