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Saudi Arabia

April 29, 2026

Riyadh 10:16 pm

24°C

GIUSEPPE CACACE/AFP via Getty Images

Analysis

UAE’s OPEC exit rattles cartel as Gulf alliances shift

OPEC's fourth-largest producer will leave the cartel on May 1, marking the most significant departure in the group’s history as the war changes Abu Dhabi's relationship priorities.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

MUMEN KHATIB/AFP via Getty Images

Why UAE's decision to leave OPEC is major shift for cartel

The UAE accounts for 12% of OPEC's output, but tensions had been simmering over intragroup rivalries and the country wanting to export more oil.

United Arab Emirates

Turkish Foreign Minister Hakan Fidan hosted the third meeting of the foreign ministers of Turkey, Egypt, Pakistan and Saudi Arabia on the margins of the 5th Antalya Diplomacy Forum, on April 17, 2026.

Analysis

Why Saudi Arabia, Egypt are wary of Turkey’s proposed 4-way defense pact with Pakistan

The proposed framework faces major hurdles and fault lines, ranging from NATO constraints to Israeli opposition and weak military integration.

Barin Kayaoglu

By Barin Kayaoglu

In Ankara, reporting on geopolitics and national security

Saudi Arabia's Foreign Minister Faisal bin Farhan (L) disembarks from an airplane upon his arrival at the Rafic Hariri International Airport in Beirut on Jan. 23, 2025.

In Lebanon, Saudi Arabia pursues quiet diplomacy as Trump pushes Israel normalization

Saudi Arabia has been engaged in intense diplomacy in Lebanon in recent days, leading up to the extension of a ceasefire with Israel.

Latest News

Why did the Met Opera lose its Saudi funding deal?

A person walks past the closed Metropolitan Opera at Lincoln Center on Jan. 7, 2021, in New York City.

Analysis

Gulf energy deals face Iran war stress test as global expansion meets oil shock

A picture shows the Ras Laffan Industrial City, Qatar's principal site for production of liquefied natural gas and gas-to-liquid, administrated by Qatar Petroleum, some 80 kilometers (50 miles) north of the capital Doha, on Feb. 6, 2017.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Syria’s Sharaa makes fourth visit to Saudi Arabia, first since Iran war: What to know

Syria's President Ahmed al-Sharaa arrives ahead of a meeting with Britain's Prime Minister Keir Starmer at 10 Downing Street in central London on March 31, 2026.

Samuel Wendel

Senior Market Research Analyst

In Washington, DC, reporting on regional business and tech

Adam Lucente

News and Business Correspondent

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

Jack Dutton

Chief Business Correspondent

In Bristol, reporting on regional business, climate change, AI, tech

Francesco Schiavi

In Bologna, reporting on security, defense, economy, governance

Sabena Siddiqui

In Karachi, reporting on South Asia, Middle East, Iran

Vanessa Ghanem

In Dubai, reporting on business, energy and politics

murabba

Saudi Arabia's New Murabba project to lure global investors, but at what cost?

Ambitious project announcements are becoming an increasingly common feature of Saudi Arabia’s developmental aspirations.

Robert Mogielnicki

Robert Mogielnicki

Passengers are seen at Moscow's Domodedovo airport, the day S7 Airlines canceled all its international flights due to sanctions imposed on Russia over the country's invasion of Ukraine, March 5, 2022.

Russia to add Gulf countries to visa-free travel list

Russia stated that it was preparing visa-free travel agreements with a total of 17 countries, which include Saudi Arabia, Kuwait, Bahrain, Oman and Syria.

HRH Crown Prince Mohammed bin Salman.

Saudi Arabia invests $51 billion in first wave of Shareek diversification

The Shareek investment and diversification strategy is set to create more than 64,000 jobs by 2040.

People watch the lauching of NASA and SpaceX Dragon Crew-6 mission to International Space Station, at the Mohammed bin Rashid Space Centre (MBRSC) in Dubai on March 2, 2023. - A SpaceX Falcon 9 rocket blasted off to the International Space Station carrying two NASA astronauts, a Russian cosmonaut and the second Emirati to voyage to space. (Photo by KARIM SAHIB/AFP via Getty Images)

UAE sends second astronaut to space on longest Arab mission

Sultan Saif AlNeyadi will collaborate with NASA and other international space agencies to conduct 19 scientific studies in a wide array of fields.

Officers of the Directorate of Narcotics Control of the Interior Ministry sort through tablets of Captagon seized during a special operation and presented before AFP afterward, Jeddah, Saudi Arabia, March 1, 2022.

UAE busts 4.5 million Captagon pills in food cans after smuggler arrest

Amphetamine fenethylline, known by its brand name Captagon, has increasingly become the drug of choice among youth in Gulf Arab states.

United Arab Emirates

Russian President Vladimir Putin meets with United Arab Emirates President Sheikh Mohamed bin Zayed Al-Nahyan in Saint Petersburg on October 11, 2022. (Photo by PAVEL BEDNYAKOV/SPUTNIK/AFP via Getty Images)

Analysis

Ukraine war at year 1: Has Gulf's neutrality on Russia invasion paid off?

Gulf countries — mainly the United Arab Emirates, then Qatar — as well as Turkey have been major recipients of Russian real estate investment in addition to direct financial injections.

By Salim A. Essaid

LEAP technology conference, Saudi Arabia, Feb. 6, 2023.

China, US deals and robots headline Saudi Arabia's LEAP tech event

China's Huawei, Hectar, Lenovo were among major deals reached at Saudi's flagship technology event.

ERIC PIERMONT/AFP via Getty Images

Saudi Arabia announces vertical farming venture with US AeroFarms

Vertical farming is on the rise in Saudi Arabia and the United Arab Emirates.

Saudi traders work at a bank in Riyadh on March 19, 2008. Asian stocks soared today after a big bounce on Wall Street as the US Federal Reserve slashed interest rates in a bid to contain a spiraling financial crisis and risk of recession. (Photo credit should read HASSAN AMMAR/AFP via Getty Images)

Qatar stays put after US, Saudi Arabia, UAE raise interest rates

The Gulf central banks’ moves followed the US Federal Reserve raising its rates. Inflation increased in both Qatar and Saudi Arabia at the end of 2022.

Saudi Arabia's Minister of Energy Abdulaziz bin Salman looks on during a press conference after the 45th Joint Ministerial Monitoring Committee and the 33rd OPEC and non-OPEC Ministerial Meeting in Vienna, Austria, on October 5, 2022. (Photo by VLADIMIR SIMICEK/AFP via Getty Images)

OPEC+ likely to maintain oil output at meeting, in gesture to US

While the OPEC+ group is expected to maintain oil production at its virtual meeting set for Feb. 1, global demand for oil is estimated to reach a record high in 2023.

Delegations attend the 46th ordinary session of the Council of Arab Central Banks and Monetary Authorities Governors, Jeddah, Saudi Arabia, Sept. 18, 2022.

Saudi GDP grows 8.7% in 2022 due to oil, non-oil growth

One credit-rating agency said Saudi Arabia’s GDP growth will slow down in 2023.

South Korean Foreign Minister Park Jin (R) shakes hands with Saudi Foreign Minister Prince Faisal bin Farhan (L)

South Korea’s Samsung to help Saudi Public Investment Fund with construction projects

Saudi Aramco has also strengthened its ties to South Korean companies recently.