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Saudi Arabia

October 10, 2025

Riyadh 5:13 pm

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Saudi Investment Minister Khalid Al Falih with Moroccan Industry Minister Riad Mezzour

Saudi investment minister visits Morocco, Senegal on Africa trade drive

Saudi Arabia has pledged more than $41 billion in investment in sub-Saharan Africa over the next decade.

Latest News

Interview

Dar Global hints at Trump real estate deals in Saudi Arabia’s gigaprojects

Ziad El Chaar, Dar Global's chief executive officer. — Dar Global

Ziad El Chaar

Chief Executive Officer, Dar Global

World Bank ups Middle East 2025 economic outlook as oil, tourism rebound

A picture taken from a station of Dubai's Palm Monorail, shows traffic on a road in Palm Jumeirah on August 28, 2025.

Saudi, Chinese companies to develop giant aluminum industrial hub in Riyadh

aluminium-dutton

Samuel Wendel

Senior Market Research Analyst

In Washington, DC, reporting on regional business and tech

Francesco Schiavi

In Bologna, reporting on security, defense, economy, governance

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

Sabena Siddiqui

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

Sebastian Castelier

In Dubai, reporting on regional business

A Riyadh Metro train makes its way along a track in the middle of a road in Riyadh on December 3, 2024.

What’s next for Saudi Arabia’s budget balancing act as deficit doubles?

The Gulf state now expects a deficit of $65.3 billion in 2025 — more than double the initial forecast — as the kingdom continues heavy spending amid weak oil prices.

comedy fest

Culture

Saudi comedy festival draws A-list performers, backlash: What to know

The star-studded festival highlights Riyadh’s push to brand itself as a cultural hub even as critics accuse Saudi Arabia of whitewashing its repressive reputation.

The Saudi delegation meets with Vietnamese officials in Hanoi, Sept. 29, 2025.

After China, Saudi industry minister visits Vietnam in eastward economic push

Saudi Arabia’s Minister of Industry and Mineral Resources Bandar Alkhorayef met with a number of Vietnamese officials on Monday as the oil-rich Gulf kingdom looks east to diversify its economic alliances.

EA office building in Austin, Texas, USA.

Gaming giant Electronic Arts taken private in $55B Saudi-backed buyout

The transaction represents a significant deal involving entities close to the Saudi Arabian and US governments.

Eric Trump, executive vice president of the Trump Organization and the US president's son, looks over the proposed plan ahead of the signing ceremony with Qatar's Diar and Dar Global, Doha, Qatar, April 30, 2025.

Trump family further expands Gulf business with $1B Jeddah plaza project

It will be the second Trump-branded development in the kingdom after the launch of Trump Tower Jeddah last December.

The headquarters of the UAE's state oil company, ADNOC, Dubai, July 27, 2022.

Analysis

After $20B deals unravel, will Gulf oil majors scale back abroad?

International deals pursued by Saudi Aramco and the UAE's ADNOC have collapsed in recent weeks, adding fresh complications for both national oil companies amid their drive to grow in new markets.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Site

Culture

Saudi excavations reveal 11,000-year-old human settlement

The settlement dates to between 11,000 and 10,300 years ago, to the Pre-Pottery Neolithic period.

Sheraton

Culture

Damascus hotel to get revamp in Syria-Saudi partnership: What we know

The rebranding and rehabilitation of the Seven Gates Hotel comes as part of an agreement between the Syrian government and the Saudi-owned Le Park Concord hospitality group.

People and street vendors move past one of Hama's landmark historic water wheels on a bridge over the Orontes riverbank in the heart of the central Syrian city on Dec. 30, 2024.

Saudi Arabia and Qatar pledge $89M for Syrian public sector: What to know

The new Syrian government has struggled to pay public workers sufficiently and is implementing a plan aimed at rooting out “ghost employees" who do not show up to work.

FAYEZ NURELDINE/AFP via Getty Images

Saudi Arabia courts Chinese firms in mining investment drive

Mining and Industry Minister Bandar Alkhorayef met with executives from more than 20 mining firms in Beijing on Thursday.