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Saudi Arabia

October 12, 2025

Riyadh 8:03 pm

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Former Uber CEO Travis Kalanick leaves the Phillip Burton Federal Building on day three of the trial between Waymo and Uber Technologies on February 7, 2018 in San Francisco, California.

Saudi Arabia grants citizenship to Uber co-founder, Red Sea Global CEO

Uber co-founder Travis Kalanick and Red Sea Global CEO John Pagano have been granted Saudi citizenship.

Latest News

Saudi investment minister visits Morocco, Senegal on Africa trade drive

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

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

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.

NEW YORK, NEW YORK - SEPTEMBER 12: People walk by PricewaterhouseCoopers (PwC) New York headquarters after the company announced a major restructuring on September 12, 2024 in New York City. PwC LLP will let go of up to 1,800 US employees next month as the accounting firm shifts to in-house technology developers and streamlines its advisory practice. (Photo by Spencer Platt/Getty Images)

Analysis

Saudi Arabia-PwC split signals shift to local consultancies: What to know

The Saudization of the consultancy sector is not a compliance exercise but instead amounts to a strategic realignment that challenges the long-standing, but outdated, assumption that foreign expertise is inherently superior.

Amal Altwaijri

By Amal Altwaijri

In Washington, DC, reporting on Saudi Arabia

People walk past the New York Stock Exchange on Wall Street on April 11, 2025, in New York City.

Where Middle East’s top investors stand as tariffs roil US bond market

GREG BAKER/AFP via Getty Images

China courts Gulf, BRICS allies as trade war with US escalates

Since US President Donald Trump announced reciprocal tariffs on more than 180 countries on April 2, Beijing has stepped up engagement with Riyadh.

Florian Wiegand/Getty Images

Mideast markets rebound with tariff suspension after top Gulf firms suffer $100B rout

A global stock rally on April 10 followed a major sell-off in the Gulf, driven by a policy reversal from US President Trump suspending tariffs.

An aerial view of the Cheniere Energy liquefied natural gas plant, on Feb. 10, 2025, in Port Arthur, Texas.

UAE's Mubadala makes first US gas play in wave of Gulf LNG investment

Other Gulf energy majors such as Saudi Aramco and ADNOC have already made significant investments in US LNG.

United Arab Emirates

JEDDAH, SAUDI ARABIA - MARCH 11: Saudi Foreign Minister Faisal bin Farhan hosts talks between the US and Ukraine on March 11, 2025 in Jeddah, Saudi Arabia. An American delegation led by US Secretary of State Marco Rubio is in Jeddah to attend a high-stakes meeting with Ukrainian officials, in efforts to lay the groundwork for peace negations to end Russia's war in Ukraine. The talks come after Zelensky met with Saudi Crown Prince Mohammed bin Salman on Monday, and in the wake of a recent rift in US-Ukraine

Saudi FM in Washington to lay groundwork for Trump visit, address tariffs

The prince's main agenda is to prepare for Donald Trump's first foreign trip overseas to Riyadh in May.

oil field

After steep fall, oil prices slightly recover following Trump tariff pause

Over the last week, oil prices have plummeted amid the escalating trade war between the United States and China.

Alex Wong/Getty Images

Analysis

Trump tariffs could disrupt Gulf’s IPO hot streak as markets sink

New US tariffs have roiled markets worldwide and initial public offerings should not be expected to escape unscathed.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Wright

US energy secretary to tour Gulf amid oil market pressure, Iran talks

US Energy Secretary Chris Wright is expected to meet with several Gulf leaders during his trip as the region grapples with lower oil prices after President Donald Trump imposed universal tariffs last week.