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. By Samuel Wendel In Washington, DC, reporting on regional business and tech
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
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
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. Yemen
Analysis Telegram CEO's arrest spotlights UAE’s investment-based citizenship laws By Jennifer Gnana In Dubai, reporting on Gulf energy policy and politics
Yemeni citizens anxious as truce set to expire The cease-fire has bestowed a massive relief on millions of Yemeni citizens, who fear a return to conflict. Legacy: Gulf
More gas discovered off coast of Abu Dhabi The field, which is operated by Italy’s Eni, has yielded considerable natural gas to the UAE this year. Legacy: Gulf
Cryptocurrency exchange receives approval to operate in Dubai FTX is among several cryptocurrency firms that have announced moves to the UAE, which instituted a regulatory mechanism for virtual assets earlier this year. Legacy: Gulf
China's MidEast push has limits China appears to be pursuing a more proactive role in the Middle East with an emerging trend of diplomacy centered on partnerships. Legacy: Gulf
9/11 victims protest Saudi-funded LIV Golf event at Trump course LIV Golf, which is backed by Crown Prince Salman’s Public Investment Fund, is gaining serious momentum in the golf world. But victims of September 11 oppose the league due to the Saudi government’s alleged role in the attacks. Legacy: Gulf
Abu Dhabi National Oil Company to increase footprint in Egypt The oil firm’s move to buy half of TotalEnergies' stake in the country is the latest example of Emirati investment in Egypt. Egypt
UAE Central Bank announces more sanctions The Emirates is seeking to improve its record on financial transparency after being implicated in money laundering and sanctions evasion controversies. Legacy: Gulf
Following Biden’s MidEast visit, Pentagon aims to do more with less The White House wants the Pentagon to bring Israeli tech to link up Arab air defenses, but can progress be achieved without deploying additional American units? Legacy: Gulf
Saudi Arabia signs energy agreement with Greece Another purpose of Saudi Crown Prince Mohammed bin Salman's visit is to seek greater economic and technological cooperation with Greece. Legacy: Gulf
Bahrain’s CoinMENA to offer crypto services in Egypt Crypto is particularly growing in Bahrain and the UAE, in part due to evasion of sanctions on Russia in the latter. Egypt
Bahrain joins UAE’s industrial partnership Jordan and Egypt are already part of the group, which aims to establish joint industrial projects. Legacy: Gulf
UAE's crypto push seeks to draw in high-net-worth individuals Sebastian Castelier In Dubai, reporting on regional business
