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Saudi Arabia

August 27, 2026

Riyadh 6:35 am

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France's President Emmanuel Macron and Saudi Arabia's Crown Prince Mohammed bin Salman shake hands

France, Saudi Arabia announce more than $10B in deals on MBS visit

Among the deals included a 6 billion euro ($7 billion) pledge from the Public Investment Fund in three manga-themed amusement parks on the outskirts of Paris.

Supporters of Yemen's Houthi rebel movement carry a mock rocket as they demonstrate in the capital, Sanaa, to denounce a reported air strike by the Saudi-led coalition on a prison in the country's rebel-held north, on Jan. 21, 2022.

Houthis claim strike on Saudi oil tanker off Yanbu: What to know

The incident is the latest in a string of Houthi attacks targeting Saudi oil and military assets.

LUDOVIC MARIN/AFP via Getty Images

Saudi crown prince heads to France as ties deepen: What to expect

Saudi Crown Prince Mohammed bin Salman will start a visit to Paris this weekend, his fourth to France since his appointment in 2017.

Latest News

Houthis claim new strikes on Saudi Arabia after IRGC warning: What to know

MOHAMMED HUWAIS/AFP via Getty Images)

Exclusive

Saudi Arabia wants Iran-backed militia 'heads to roll' in Iraq amid talks with Tehran

AHMAD AL-RUBAYE/AFP via Getty Images

Amberin Zaman

By Amberin Zaman

Reporting on geopolitics, minorities, human rights, culture

Samuel Wendel

Senior Analyst, Middle East Business & Tech

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

An Egyptian man looks at the Qatari Liquefied Natural Gas (LNG) carrier "Duhail" as its passes through the Suez Canal near the Egyptian port city of Ismailia on April 1, 2008. The vessel has a capacity of 210,100 cu.m making it one of the largest LNG carriers constructed to date. AFP PHOTO/STR (Photo credit should read -/AFP via Getty Images)

Analysis

How strike on Damietta port exposes Egypt's energy infrastructure risks

The unclaimed attack on the port of Damietta could draw Egypt further into the US-Iran conflict as experts point to growing threats to critical infrastructure in the Eastern Mediterranean.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

A Saudi navy ship is pictured docked at King Faisal navy base in Jeddah before the departure of a team to Port Sudan to help with the evacuation efforts of people fleeing Sudan, on April 29, 2023.

Turkey, Pakistan among 14 countries backing Saudi Arabia's anti-Houthi Red Sea alliance

Riyadh won political backing from 14 countries for its proposed maritime defense coalition, but members have yet to commit to joining as Washington weighs its position.

Fayez Nureldine / AFP via Getty Images

Saudi Arabia's economy shrinks by 4.8% amid Iran war: What to know

The kingdom saw a 24.7% year-on-year decline in its oil sector for the April 1 to June 30 period due to the closure of the Strait of Hormuz.

A trader works on the floor of the New York Stock Exchange on July 24, 2026, in New York.

Oil jumps 8% as US-Iran war pressures Saudi Arabia, explosions hit Egypt

The price of benchmark Brent crude climbed past $90 per barrel on Wednesday after a renewed round of US-Iran hostilities shattered a days-long lull in fighting and the Houthis targeted Saudi oil exports.

Houthi soldiers stand guard on a missile carrier during an official military parade marking the ninth anniversary of the Houthi takeover of the capital, Sanaa, on Sept. 21, 2023.

Exclusive

Saudi Arabia to announce Red Sea coalition to counter Houthi threats

Around 50 countries have been invited to join the Saudi-led initiative aimed at countering Houthi threats to Red Sea shipping and preventing a repeat of recent disruptions in the Strait of Hormuz.

Amberin Zaman

Jared Szuba

By Amberin Zaman , Jared Szuba

An EA-18G Growler assigned to Electric Attack Squadron (VAQ) 137 lands aboard the aircraft carrier USS Theodore Roosevelt (CVN-71) while the ship is moored in Honolulu, Hawaii, during Exercise RIMPAC (Rim of the Pacific) 2026 on July 17, 2026.

US, Saudi Arabia strike Iran-aligned militias in Iraq as IRGC targets US forces in Jordan

The IRGC’s attempt to redraw the status quo amid an uneasy stalemate comes as White House hedges its military options and Omani officials seek to bring the two enemies back to the negotiating table.