Newsletter: Business & Tech Democrats’ win: What’s at stake for Gulf business The immediate concern for the region is whether Washington and Israel will resume strikes on Iran, potentially triggering further Iranian attacks on Gulf states. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Aramco begins expansion of oil export route bypassing Hormuz The kingdom plans to expand the East-West Pipeline’s capacity to carry crude to as much as 10 million barrels per day. Saudi Arabia
Newsletter: FutureVerse US elections spotlight Gulf tech risks A sweeping victory by Democrats could put the White House’s recent Gulf dealings under greater scrutiny. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Oil tops $114 as traders brace for Iran escalation after US midterms On Friday, BP posted its highest profits in 18 years as a result of the Iran conflict, which has driven up oil and gas margins. Iran
Analysis How wartime urgency pushed Iran to court Saudi Arabia, Turkey, Pakistan By A correspondent in Tehran In Tehran, reporting on politics
Robots to help Muslim pilgrims at holy sites in Saudi Arabia The robots will explain prayer rituals in Mecca and Medina in multiple languages, according to Saudi religious authorities. Saudi Arabia
Shareholder Saudi prince rejects Elon Musk’s bid to buy Twitter Prince Alwaleed bin Talal, one of the largest shareholders of the social media giant, believes Twitter is worth more than Musk is offering. Saudi Arabia
Saudi Arabia finds amphetamines hidden in elevator parts Citizens of Syria, Egypt and two locals were arrested in relation to the incident, according to state media. Saudi Arabia
As dialogue falters, Khamenei says 'no possibility' of Saudi victory in Yemen The comments on Twitter by the supreme leader follow the suspension of talks between Iran and Saudi Arabia. Iran
Saudi Aramco pursues diversification with artificial intelligence center The Saudi energy giant is flush with cash from oil sales abroad. Saudi Arabia
Saudi Arabia confiscates more Captagon pills at Jordan border Saudi authorities have promised to crackdown on drug smuggling, which they have blamed on Hezbollah. Saudi Arabia
Saudi Arabia announces $600 million in new investment from startups, venture capitalist Foreign direct investment in Saudi Arabia slowed later in 2021 after a promising start, and some entities are reluctant to invest there due to the human rights situation. Saudi Arabia
Saudi Arabia resumes visa on arrival for US, EU visa holders The kingdom greatly relaxed its visa rules before the pandemic in an effort to boost tourism. Saudi Arabia
Saudi Arabian export stats show mixed results in non-oil commerce Saudi Arabia is working to diversify its economy, but figures from January show it remains dependent on foreign oil sales. Saudi Arabia
Saudi’s future city, NEOM, launches renewable energy project Saudi Arabia has grand plans for the city, but the endeavor’s land use and sustainability plans have faced pushback. Saudi Arabia
Saudi authorities find Captagon in Jeddah, hash in Mecca Saudi authorities have seized Captagon shipments on numerous occasions in recent months. Saudi Arabia
Saudi Arabia, Qatar raise repo rates while Turkey stays put Central Banks in the Middle East are responding to the US Federal Reserve raising interest rates due to rising inflation. Saudi Arabia