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Saudi Arabia

August 28, 2026

Riyadh 5:09 pm

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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.

Latest News

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

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.

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

LUDOVIC MARIN/AFP via Getty Images

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

MOHAMMED HUWAIS/AFP via Getty Images)

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

Israeli army tanks are deployed at a position near Israel's border with the Gaza Strip, on May 5, 2025. Israel was issuing orders to call up tens of thousands of reservists ahead of an expanded offensive in Gaza, Israeli media reported on May 3, as Prime Minister Benjamin Netanyahu attacked truce mediator Qatar. (Photo by Menahem KAHANA / AFP) (Photo by MENAHEM KAHANA/AFP via Getty Images)

Analysis

As Trump heads to Gulf, Israeli security cabinet split over plan to 'conquer' Gaza

Some associates of Prime Minister Benjamin Netanyahu campaign for a limited Gaza operation to increase military pressure on Hamas, while the extreme right ministers call for retaking the entire Strip.

In Tel Aviv, reporting on national security, Israeli politics, defense

U.S. President Donald Trump arrives in the Cross Hall of the White House to deliver remarks during an event on "Investing in America" on April 30, 2025 in Washington, DC

Wall Street, Silicon Valley executives to join Trump in Saudi Arabia as US courts Gulf funds

US President Trump is visiting Saudi Arabia, Qatar and the United Arab Emirates on May 13-15 in his first foreign visit since returning to the White House for his second term in January.

Nodding donkey rig pumping crude oil up from the ground of an oil field in the desert.

Goldman Sachs lowers oil forecast after OPEC+ boosts production: What to know

Saudi Arabia, Russia and other members of OPEC+ announced another major production increase, sending oil prices below $60 a barrel.

Brandon Bell/Getty Images

OPEC+ moves up meeting as oil prices continue to drop: What to know

Saudi Arabia has signaled it is willing to live with lower oil prices as US President Donald Trump calls for more production.

FAYEZ NURELDINE/AFP via Getty Images

China JV wins $1.13 billion contract to relocate Saudi university facilities

The KSU deal marks the latest in a series of large contracts awarded by the Diriyah Company, which is overseeing the city project.

FAYEZ NURELDINE/AFP via Getty Images

Saudi Arabia, Israel, Turkey rank in top 20 global military spenders: What to know

Regional military spending saw a significant increase in 2024, according to the Stockholm International Peace Research Institute, amid conflicts in Israel, Gaza and Lebanon, though it found that Europe drove the overall hike in global expenditures.

This picture shows a poster depicting King Abdulaziz bin Saud (L), the founder of the modern kingdom of Saudi Arabia, King Salman bin Abdulaziz (C), and Crown Prince Mohammed in Riyadh on April 16, 2023.

China’s Sinopec, Saudi Aramco to establish $4B energy venture: What to know

The joint venture will engage in port operations, crude oil transportation and other activities at the refinery and petrochemical complex in the Gulei Port Economic Development Zone in Zhangzhou, in China's Fujian province.

An aerial view shows the Halwaniya neighborhood in Aleppo, Syria on Apr. 12, 2025.

Qatar, Saudi Arabia to pay off Syria’s $15M World Bank debt: What to know

Both Gulf states have played a key role in the diplomatic outreach of Syria's new government.

Saudi Crown Prince Mohammed bin Salman (R) meets Indian Prime Minister Narendra Modi at Al Salam Royal Palace, Jeddah, April 22, 2025.

Analysis

Can Modi leverage Saudi-China ties to reshape India’s global standing?

The Saudi "pivot to the east" requires a careful balancing act to avoid antagonizing the United States and damaging ties with China.

Sabena Siddiqui

By Sabena Siddiqui

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