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Saudi Arabia

June 27, 2026

Riyadh 8:28 pm

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Explainer

Gulf states push incentives for investors, expats after war dents image

Several Gulf states are working to recover their images as global havens of stability in the wake of the Iran war.

United Arab Emirates

French Trade & Invest Commissioner for United Arab Emirates and Middle East and Business France's regional director for the Middle East Axel Baroux. — Business France

Interview

Franco-Gulf investment holds firm despite Iran war, French official says

French investors are reallocating capital toward strategic sectors such as artificial intelligence and technology rather than pulling out of the region altogether.

Axel Baroux

France’s trade and investment commissioner for the UAE and Middle East

Latest News

Saudi Aramco's VC arm sees boom in emerging technologies, retail

FAYEZ NURELDINE/AFP via Getty Images

Who is Fahd Al-Dosari, Saudi Arabia’s new ambassador to Lebanon?

Lebanese Foreign Minister Youssef Rajji meets with Fahd bin Abdulrahman bin Hathloul Al-Dosari, the new Saudi ambassador to Lebanon, in Beirut on June 17, 2026.

Saudi Arabia's Riyadh Air wins US flight approval: What to know

A Boeing 787-9 Dreamliner aircraft of Saudi airline Riyadh Air is pictured on the tarmac at King Khalid International Airport in Riyadh on June 7, 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

PEDRO PARDO/AFP via Getty Images

Saudi Aramco CEO predicts 1.6-2M bpd oil demand rise after sharp price fall

The bullish perspective follows the price of Brent crude falling amid the global stock downturn and coincides with Aramco buying a more than $700 million stake in a Saudi energy complex.

PEDRO PARDO/AFP via Getty Images

Saudi PIF signs deals worth up to $50B with six Chinese institutions

As one of the world’s largest sovereign wealth funds, the $925 billion Saudi PIF is already heavily invested in China.

A picture taken on Jan. 17, 2016, shows the headquarters of Saudi Basic Industries Corporation (SABIC) in the Saudi capital, Riyadh.

Saudi Arabia's SABIC sees second quarter profit rise by 85% to $580M

The company's results are encouraging news for the petrochemicals sector, which has been weathering a downturn since the COVID-19 pandemic.

KALAMAZOO, MICHIGAN - JULY 17: U.S. Vice President Kamala Harris attends a moderated conversation with former Trump administration national security official Olivia Troye and former Republican voter Amanda Stratton on July 17, 2024 in Kalamazoo, Michigan. (Photo by Chris duMond/Getty Images)

US election drama raises stakes for Mideast economic powers eyeing 2025

Britain's Prime Minister Keir Starmer delivers a speech during a visit to Hutchinson Engineering in Widnes, north of England, on July 25, 2024.

UK’s new government reboots trade talks with Gulf, Israel, Turkey

New British Prime Minister Keir Starmer has made economic growth a priority of his Labour government and has pledged to make the UK the fastest-growing economy in the G20.

Members of the public walk along the high street on March 21, 2024, in Lewes, England.

Gulf investment in UK real estate to hit $4B annually, says BLME

Research predicts that demographic trends and supply shortages will make the UK's real estate sector a more popular option for investors in the future.

Men wearing thawbs walk past a billboard promoting the transition to renewable energies at the UNFCCC COP28 Climate Conference the day before its official opening on November 29, 2023 in Dubai, United Arab Emirates. The COP28 is bringing together stakeholders, including international heads of state and other leaders, scientists, environmentalists, indigenous peoples representatives, activists and others to discuss and agree on the implementation of global measures towards mitigating the effects of climate c

GCC’s renewable energy push pays off with Qatar, UAE taking lead

Several Gulf states rank relatively high on the World Economic Forum (WEF) Energy Transition Index, reflecting their efforts to transition toward renewable energy and reduce their dependence on fossil fuels.

Beijing

China’s Baosteel ups investment in Saudi steel plate venture to $1B

A subsidiary of the world’s largest steelmaker, China Baeowu Steel Group, will have a 50% stake in a major new Saudi-based venture.

ALEXEY NIKOLSKY/SPUTNIK/AFP via Getty Images

Why G7's economic policy toward Russia might alienate Saudi Arabia

The G7 has seized hundreds of billions of dollars in Russia’s frozen assets in response to Moscow's 2022 invasion of Ukraine.

PHILADELPHIA, PENNSYLVANIA - MAY 29: U.S. President Joe Biden and U.S. Vice President Kamala Harris wave to members of the audience after speaking at a campaign rally at Girard College on May 29, 2024 in Philadelphia, Pennsylvania. Biden and Harris are using today's rally to launch a nationwide campaign to court black voters, a group that has traditionally come out in favor of Biden, but their support is projected lower than it was in 2020. (Photo by Andrew Harnik/Getty Images)

Middle East cheers Biden’s withdrawal, uncertain about Kamala Harris pick

Many people in the region were joyful about President Joe Biden’s decision not to seek reelection, as they blame him for the crises including the war in the Gaza Strip.

Media image of a Lilium eVTOL jet, download July 18, 2024.

Saudia inks deal for electric flying taxis from Germany amid airline order spree

The agreement to purchase 50 jets, with an option for 50 more, was made with Lilium, headquartered outside Munich.

ACWA Power and China Southern Power Grid representatives.

Saudi-China energy cooperation strengthened by Uzbek wind project sale

Both Saudi Arabia and China are seeking to tap into Uzbekistan's and Central Asia’s energy potential.