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Saudi Arabia

November 11, 2026

Riyadh 9:53 am

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ankers are seen at the Khor Fakkan Container Terminal, the only natural deep-sea port in the region and one of the major container ports in the Sharjah Emirate, along the Strait of Hormuz, a waterway through which one-fifth of global oil output passes, on June 23, 2025.

Explainer

UAE selling Saudi oil highlights new Gulf energy realities

News surfaced on Nov. 10 that the UAE has reportedly marketed 1.87 million barrels of Saudi crude salvaged from a damaged supertanker for sale, marking an exceptional example of energy cooperation between Gulf rivals.

United Arab Emirates

ANDY BUCHANAN / AFP via Getty Images

GCC to build military command center in Kuwait as region simmers: What to know

GCC countries have stepped up their joint defense efforts with the announcement of a new forward command center to be headquartered in Kuwait, as tensions between Iran and the US continue to escalate.

Saudi Arabia's Deputy Foreign Minister Waleed el-Khereiji (R) speaks with Syria's interim foreign minister Asaad al-Shaibani

Analysis

Syria denies sending troops to fight Houthis in return for Saudi loans

The Saudi Fund for Development and Syria’s Finance Ministry recently inked more than $403 million in concessional loan agreements, fueling speculation that Damascus agreed to provide military support to Saudi Arabia in exchange for financial aid.

Amberin Zaman

By Amberin Zaman

Reporting on geopolitics, minorities, human rights, culture

Latest News

Iraq, Saudi Arabia face attacks as Trump pursues Iran deal

Samuel Corum/Getty Images

Analysis

Gulf’s $3 trillion US investment drive faces post-midterm Trump reckoning

WASHINGTON, DC - NOVEMBER 18: Crown Prince and Prime Minister Mohammed bin Salman of Saudi Arabia and U.S. President Donald Trump shake hands during a dinner in the East Room at the White House on November 18, 2025 in Washington, DC. Trump is hosting the Crown Prince for meetings aimed at strengthening economic and defense ties, including the U.S. sale of F-35 fighter jets to Saudi Arabia. (Photo by Win McNamee/Getty Images)

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Turkey’s parliament ratifies Mecca pact in boost to Saudi Arabia

Turkish President Recep Tayyip Erdogan addresses Turkish members of parliament during the opening of the parliamentary session at the Grand National Assembly of Turkey in Ankara, on Oct. 1, 2026.

Samuel Wendel

Senior Analyst, Middle East Business & Tech

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

Two Exchange Square in Central District. Hong Kong Stock Exchange (SEHK) is located in the this building.

Hong Kong exchange expands Gulf presence with new Dubai commodities arm

The emirate has positioned itself as a global commodities trading hub, with the UAE ranking second globally after the US in last year’s Commodity Trade Index.

United Arab Emirates

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.

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.

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

Interview

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

The Dubai-headquartered real estate company has worked with the Trump Organization on luxury property developments across the Gulf.

Ziad El Chaar

Chief Executive Officer, Dar Global

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

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

The lender expects gross domestic product growth in the region to average 2.8% this year, up from its April forecast of 2.6%.

aluminium-dutton

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

The new industrial base is set to cover 1.5 million square meters and will be developed in two phases, with the first expected to be completed in 30 months and create more than 1,800 jobs.

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.