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Saudi Arabia

April 22, 2025

Riyadh 9:58 am

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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

Royal Saudi Air Force Panavia Tornado and F-15 Eagle fighter aircraft fly over during an airshow marking Saudi Arabia's 93rd National Day celebrations in Riyadh on September 23, 2023. (Photo by Fayez Nureldine / AFP) (Photo by FAYEZ NURELDINE/AFP via Getty Images)

Behind scenes of Israel-Saudi deal, Pentagon works Arab air defense shield

The Biden administration is taking advantage of a lull in regional tensions to advance air and missile defense talks with GCC states, but the danger isn't over yet, as Pentagon officials worry Yemen's Houthi rebels can now reach the Mediterranean.

SHARM EL SHEIKH, EGYPT - FEBRUARY 24: King Salman bin Abdulaziz Al Saud of Saudi Arabia during talks with UK Prime Minister Theresa May while they attend the first Arab-European Summit on February 24, 2019 in Sharm El Sheikh, Egypt. Leaders from European and Arab nations are meeting for the two-day summit to discuss topics including security, trade and migration. (Photo by Dan Kitwood/Getty Images)

Saudi crown prince cancels Japan trip over King Salman's health concerns

The Saudi Press Agency reported Sunday that the crown prince’s 88-year-old father, King Salman Bin Abdulaziz, was suffering from lung inflammation and will be treated at the Al Salam Palace in Jeddah.

Saudi Crown Prince Mohammed bin Salman arrives at presidential Elysee Palace to meet France's President in Paris on July 28, 2022. French President Emmanuel Macron host Saudi Arabia's Crown Prince Mohammed bin Salman for talks in Paris on July 28, 2022, outraging rights groups and the fiancee of slain Saudi journalist Jamal Khashoggi. (Photo by Bertrand GUAY / AFP) (Photo by BERTRAND GUAY/AFP via Getty Images)

In Japan, Saudi Arabia's crown prince eyes expansion of energy, defense ties

In an upcoming visit to Tokyo, the Saudi crown prince will have an audience with the Japanese prime minister, among others, to discuss a "broad range" of issues.

Juergen Schmidhuber in an undated photo. @SchmidhuberAI

Interview

AI pioneer Schmidhuber bets on Saudi Arabia for trillion-dollar breakthrough

Juergen Schmidhuber, a pioneering AI researcher told Al-Monitor that Gulf players have opportunities to take on traditional tech powerhouses in this high stakes AI race.

Juergen Schmidhuber

Juergen Schmidhuber

AI computer scientist

A military band welcomed the President with the Russian national anthem, and the Russian tricolor was hoisted over Tiananmen Square.

Saudi cautious as Iran looks to make gains from Putin’s China visit

As Putin was making his way to Beijing, Alexie Miller, chair of Russia’s Gazprom, was in Tehran, where he met First Vice President Mohammad Mokhber and Oil Minister Javad Owji, the company said.

WASHINGTON, DC - APRIL 24: National Security Advisor Jake Sullivan talks to reporters in the Brady Press Briefing Room at the White House on April 24, 2024 in Washington, DC. Sullivan fielded questions about legislation President Joe Biden signed that morning for $80 billion in foreign aid, abortion arguments at the Supreme Court and other topics. (Photo by Chip Somodevilla/Getty Images)

Jake Sullivan to visit Saudi Arabia, Israel amid regional tension

White House national security adviser Jake Sullivan's trip comes as the Biden administration is urging Israel to consider alternatives to a full-scale invasion of Rafah.

Qatar's Finance Minister Ali bin Ahmed Al Kuwari (L) listens as his Saudi counterpart Mohammed Al-Jadaan speaks during a session at the Qatar Economic Forum in Doha on May 14, 2024.

Saudi Arabia 'conservative' on oil revenue as it pares back Vision 2030 plans

Mohammed Al-Jaadan warned that being a resource-rich country was a curse as well as a blessing because being dependent on one commodity such as oil can hold a country "hostage" to the volatility of global demand and prices.

This photograph taken on January 12, 2024, shows an oil refinery in the desert between Shubaytah and Shubaytah, of the Dakar rally 2024, in Saudi Arabia, on January 12, 2024. (Photo by PATRICK HERTZOG / AFP) (Photo by PATRICK HERTZOG/AFP via Getty Images)

What's behind Saudi Arabia's increase in crude oil prices for Asian market?

The kingdom wants to restrain oil production to keep demand up, but the increase in prices to Asian customers is more related to refining values, says one expert.

TOPSHOT - US President Joe Biden (C-L) and Saudi Crown Prince Mohammed bin Salman (C) arrive for the family photo during the Jeddah Security and Development Summit (GCC+3) at a hotel in Saudi Arabia's Red Sea coastal city of Jeddah on July 16, 2022. (Photo by MANDEL NGAN / POOL / AFP) (Photo by MANDEL NGAN/POOL/AFP via Getty Images)

Biden’s grand bargain between Saudi Arabia and Israel hangs by a thread

Diplomatic sources briefed on the discussions suggest it would likely fall short of Article 5 of the United States’ 1960 treaty with Japan, but would likely go beyond the benefits of major non-NATO ally.

This picture taken December 12, 2019 shows a man monitoring the board at the Stock Exchange Market (Tadawul) bourse in Riyadh. - Energy giant Saudi Aramco's market value soared above $2 trillion as its share price surged again on its second day of trading. The valuation milestone was sought by Saudi Crown Prince Mohammed bin Salman when he first floated the idea of selling up to five percent of Aramco, the world's largest oil firm, about four years ago. Aramco shares jumped another 9.7 percent to 38.60 riya

Mideast passes stress test as Iran-Israel trade blows, but economic challenges remain

US Secretary of State Antony Blinken (C) speaks with Saudi Arabia's Foreign Minister Prince Faisal bin Farhan (R) as they walk past portraits of the founding leaders of the Gulf Cooperation Council during the Joint Ministerial Meeting of the GCC-US Strategic Partnership discussing the humanitarian situation in Gaza, at the GCC Secretariat in Riyadh on April 29, 2024. (Photo by EVELYN HOCKSTEIN / POOL / AFP) (Photo by EVELYN HOCKSTEIN/POOL/AFP via Getty Images)

Saudi Arabia 'very, very close' to US security pact tied to Palestinian state

In separate comments on Monday, the Saudi and US top diplomats said bilateral agreements on security and defense cooperation — which Riyadh is seeking if it agrees to normalize ties with Israel — were imminent.

DUBAI, UNITED ARAB EMIRATES - APRIL 02: The many pylons that provide power to Dubai are seen in the desert on April 2, 2007 in Dubai, United Arab Emirates. Commerce and Industry is currently thriving in Dubai and Indian and Pakistani expatriot workers are the backbone of the workforce, sending money back to their families at home. (Photo by Chris Jackson/Getty Images)

Gulf telcos flexing investment might amid drive to become global brands

Samuel Wendel

In Washington, DC, reporting on regional business and tech