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Saudi Arabia

April 22, 2025

Riyadh 3:44 am

26°C

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.

Latest News

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

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

Analysis

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

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)

Amal Altwaijri

By Amal Altwaijri

In Washington, DC, reporting on Saudi Arabia

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

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

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

GREG BAKER/AFP via Getty Images

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

Jennifer Gnana

Gulf Correspondent

In Dubai, reporting on Gulf energy policy and politics

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

French Foreign Minister Jean-Yves Le Drian attends the Moldova support conference at the Foreign Ministry, Berlin, Germany, April 5, 2022.

Le Drian says France keen to help Saudi Arabia transition away from oil

France's former top diplomat said that his country was supportive of Saudi Arabia's efforts to diversify its economy.

AYEZ NURELDINE/AFP via Getty Images

Saudi Arabia sees 477% increase in multinational HQs in first quarter

The 127 international companies relocating to Saudi Arabia so far this year follow a Saudi program to attract world businesses.

The Sudanese (L) and Saudi flag are seeing flying on the tarmac during a joint Sudan and Saudi Arabia air force drill at the Marwa air base, near Meroe some 350 kilometres north of Khartoum, on April 9, 2017.

Analysis

Can Gulf investors outstrip China in Africa as UAE expands reach?

As the UAE, Saudi Arabia and other GCC states boost investments in Africa,Beijing’s Belt and Road Initiative could face serious challenges.

Sabena Siddiqui

By Sabena Siddiqui

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

Justin Sullivan/Getty Images

US reportedly slows AI chip exports to Mideast as Saudi Arabia turns to China

Washington has further restricted imports of critical components for AI systems to certain countries, including some undisclosed ones in the Middle East.

People visit the Global Village, a shopping, dining and entertainment complex in Dubai, on the eve of Eid al-Fitr which ends the Muslim fasting month of Ramadan, on April 20, 2023. (Photo by Giuseppe CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images)

Middle East economic outlook caught between low growth, high debt convergence

In Washington, DC, reporting on regional energy

LOUAI BESHARA/AFP via Getty Images

Saudi-Syrian normalization takes off with Hajj flights, return of ambassador

Diplomatic relations have resumed between the two countries as Riyadh appointed Faisal al-Mujfel ambassador to Syria — the first since relations were severed in 2012.

BEVERLY HILLS, CALIFORNIA - MAY 6: Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute's Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California. The 27th annual global conference explores various topics, from the rise of generative AI to electric vehicle trends and features participants, soccer star David Beckham and actor Ashton Kutcher. (Photo by Apu Gomes/Getty Images)

Saudi Prince Alwaleed bin Talal invests in Elon Musk’s $24B AI startup

Kingdom Holding Company also holds a stake in Elon Musk’s social media platform X, formerly Twitter.

Axel Baroux

Interview

Saudi Expo 2030 to offer major opportunities for French businesses, says official

In November, the Saudi capital won the right to host the Expo 2030 world trade fair that is expected to attract around 40 million visitors and billions of dollars of inward investment.

Axel Baroux

Axel Baroux

French Trade and Invest Commissioner for the UAE and Middle East

A Scandinavian Airlines (SAS) Boeing 737-700 aircraft (background L) is seen past an AirAsia plane at Langkawi International Airport on the Malaysian resort island of Langkawi on March 2, 2024, ahead of the expected departure of Norway's King Harald V who has been hospitalised on the island. Norway's King Harald V, aged 87 and in poor health, is expected to return in "a few days" from Malaysia where he is hospitalised, the royal household said February 29. (Photo by Mohd RASFAN / AFP) (Photo by MOHD RASFAN/

Malaysia courts Gulf investment and economic ties, but Saudi relations remain question mark

Samuel Wendel

In Washington, DC, reporting on regional business and tech

Goldman Sachs first Wall Street bank to get green light for Saudi Arabia HQ

The US-headquartered investment bank received a license from the Saudi Ministry of Investment to set up its regional headquarters in the capital, Riyadh.

A Saudi Aramco car with visiting journalists is seen outside the company's Natural Gas Liquids plant in Saudi Arabia's remote Empty Quarter near the United Arab Emirates, on May 10, 2016. Despite collapsed global oil prices, production is expanding at Shaybah, as it is in other units of the company at the centre of the kingdom's Vision 2030 drive for diversification away from oil. The Saudi government plans to sell less than five percent of the company in what officials say will be the world's largest-ever

Why natural gas supply is critical to Saudi economic transformation

Gerald Kepes

In Washington, DC, reporting on regional energy trends

Saudi Arabia's Crown Prince Salman bin Abdulaziz (2nd R) shakes hands with India's Prime Minister Narendra Modi (C) after they joined heads of states and international organizations for a "family photo" during the G20 Summit in Brisbane on Nov. 15, 2014.

India’s Modi ‘deeply concerned’ about Saudi King Salman’s health

The 88-year-old king has faced health setbacks in recent weeks, prompting Crown Prince Mohammed bin Salman to cancel a trip to Japan.