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Saudi Arabia

August 28, 2026

Riyadh 6:02 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

Palestinian President Mahmoud Abbas (L) and French President Emmanuel Macron take part in a joint press conference at the Elysee Presidential Palace in Paris on July 20, 2022. (Photo by Ludovic MARIN / POOL / AFP) (Photo by LUDOVIC MARIN/POOL/AFP via Getty Images)

Analysis

Macron’s Palestine gamble: Can recognition plan jump-start peace talks?

French President Emmanuel Macron said he may recognize a Palestinian state in June when he will cohost a peace summit with Saudi Arabia, but has not committed to such a move.

Rina Bassist

By Rina Bassist

In Paris, reporting on Israeli politics and European affairs

LEESBURG, VIRGINIA - APRIL 24: U.S. President Donald Trump arrives at Leesburg Executive Airport on April 24, 2025 in Leesburg, Virginia. Trump is attending the MAGA Inc. fundraiser dinner at Trump National Golf Club. (Photo by Chip Somodevilla/Getty Images)

Trump willing to meet Iran's Khamenei but 'will be leading' war pack if no deal

In an interview with Time Magazine, President Donald Trump says he believes a deal with Iran can be reached via negotiations while expressing readiness for war in the event that it doesn't.

Saudi Arabia, UAE, Qatar face uneven 2025 growth as trade tensions rise: IMF

While Gulf economies face only the Trump administration’s baseline 10% tariffs, the levies have already impacted oil prices and revenue, especially for rentier states like Saudi Arabia.

KHALIL MAZRAAWI/AFP via Getty Images

Jordan bans Muslim Brotherhood as king visits Saudi Arabia

The decision follows an alleged plot against Jordan that authorities said was linked to the Islamist organization.

US President Donald Trump (L) and Saudi Arabia's King Salman bin Abdulaziz al-Saud gesture during a signing ceremony at the Saudi Royal Court in Riyadh on May 20, 2017. (Photo by MANDEL NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images)

Trump set to visit Saudi Arabia, Qatar, UAE May 13-16: White House

Trump's first foreign trip in his second term is aimed at reassuring Gulf partners over the Iranian threat and attracting new investments.

Indian Prime Minister Narendra Modi (R) shakes hands with Saudi Crown Prince Mohammed bin Salman prior to a meeting at Hyderabad House in New Delhi on Feb. 20, 2019.

Analysis

India's Modi visits Saudi Arabia, seeks to boost trade route to counter China

India's largely transactional relationship with Saudi Arabia has moved beyond oil sales to a more strategic and closer partnership.

Jennifer Gnana

By Jennifer Gnana

In Dubai, reporting on Gulf energy policy and politics

Excess flammable gasses burning from gas flares at the Havana oil field, west of the multi-ethnic northern Iraqi city of Kirku, Oct. 17, 2017.

Analysis

Why low oil prices under Trump are unlikely to curb Middle East output

Prices stood around $100 a barrel in 2022, under the Biden administration, but hovered between $63 and $66 this past week.

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

This handout photo made available by the Iranian Army Office on April 17, 2025 shows Iran's Armed Forces Chief of Staff Major-General Mohammed Bagheri (L) receiving Saudi Arabia's Defense Minister Prince Khalid bin Salman (C) in Tehran on April 17, 2025.

Saudi defense chief meets Khamenei in historic Iran visit: What to know

Prince Khalid’s visit marks a further step in Iran and Saudi Arabia’s political reconciliation, but it comes at a tense time in the region, with the second round of US-Iran nuclear negotiations just two days away.

Jakarta

GCC-Indonesia economic ties deepen with Saudi MoUs, joint Qatar fund

Trade between Indonesia and the Gulf is rising and negotiations are underway for a GCC-Indonesia free trade agreement.

Retired US army general, David Petraeus, speaks at the Qatar Economic Forum in Doha on May 15, 2024.

David Petraeus, ex-CIA head, tapped to lead KKR's push into Mideast markets

The newly-formed team will identify investment and partnership opportunities in the region, with a focus on the Gulf Cooperation Council countries, the private equity firm said.