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Saudi Arabia

December 23, 2025

Riyadh 1:36 am

10°C

Saleh Al-OBEIDI / AFP via Getty Images

Yemeni ministries declare support for STC campaign as Gulf tensions flare

Yemen's Saudi-backed government criticized the statements in support of the Southern Transitional Council, which is supported by the UAE, as Gulf states deliberate on how to move forward.

Traffic moves on Sheikh Zayed Road in Dubai on March 24, 2025.

Analysis

Gulf finance hubs race to expand as hedge funds flock to Dubai, Abu Dhabi

The Gulf’s top financial hubs have posted another strong year in 2025, with the UAE spearheading a regional push to attract hedge funds, asset managers, crypto and fintech firms as regional neighbors target growth of their own.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Solar panels in a Sinai desert, Egypt.

Egypt lands $572M UAE-backed solar deal, expanding Gulf's clean-energy footprint

Gulf companies have been increasing their investments in North African renewable energy.

Latest News

Saudi Arabia cements ties with Sudan during Burhan visit as UAE rivalry heats up

Sudanese leader Gen. Abdel Fattah al-Burhan meets with Saudi Crown Prince Mohammed bin Salman in Riyadh, Dec. 15, 2025.

Exclusive

Inside Netanyahu’s pressure campaign to block Turkey, Saudi Arabia from acquiring F-35s

WASHINGTON, DC - APRIL 07: Israeli Prime Minister Benjamin (L) talks to U.S. President Donald Trump during a meeting in the Oval Office of the White House on April 7, 2025 in Washington, DC. President Trump is meeting with Netanyahu to discuss ongoing efforts to release Israeli hostages from Gaza and newly imposed U.S. tariffs. (Photo by Kevin Dietsch/Getty Images)

In Tel Aviv, reporting on national security, Israeli politics, defense

Samuel Wendel

Senior Market Research Analyst

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

Sebastian Castelier

In Dubai, reporting on regional business

A woman sits with her German shepherd at the Barking Lot cafe in Saudi Arabia.

Culture

In cultural shift, Saudi Arabia allows pets on public transportation

Pet owners can now bring their pets onto buses, boats and trains in the kingdom, but only under certain conditions.

Meloni MBS

Italy and Saudi Arabia in talks for major deals as ties grow under Meloni

The government of Italian Prime Minister Giorgia Meloni, which came into power in October 2022, has been working to deepen ties with energy- and cash-rich states in the Middle East and North Africa.

TOPSHOT - France's President Emmanuel Macron greets Saudi Crown Prince Mohammed bin Salman as he arrives at presidential Elysee Palace in Paris, on June 16, 2023. French President Emmanuel Macron hosts Saudi Arabia's Crown Prince Mohammed bin Salman for talks in Paris, seeking to nudge the de-facto leader of the oil-rich kingdom into more full-throated support of Ukraine against the Russian invasion. (Photo by Ludovic MARIN / AFP) (Photo by LUDOVIC MARIN/AFP via Getty Images)

What Saudi crown prince's call to stop weapons exports means for Israel

The crown prince’s comments come amid persistent opposition to Israel’s strikes against Hamas in Gaza in the Arab world.

A woman looks at an instructional sticker on a bank door, showing how to distinguish genuine yuan banknotes from counterfeits, in Beijing on Aug. 16, 2019.

What $6.9B China-Saudi currency swap means for Beijing’s efforts to globalize yuan

China’s increasing economic influence and the high price of the US dollar, which has increased amid increasing interest rates to tame inflation, have led some economies to switch to cheaper yuan-denominated transactions.

Saudi Finance Minister

Saudi Arabia to sign more than $500M in deals with African countries

Saudi Investment Minister Khalid Al-Falih said the kingdom’s sovereign wealth fund, the Public Investment Fund, will make some “game changing” investments in Africa.

Tourists and locals visit the Dubai Mall aquarium in downtown Dubai, January 2, 2019.

What the Gulf states new unified visa means for Saudi, UAE, other citizens

The new Schengen-like visa — allowing seamless travel between members Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates — will be introduced during 2024-25.

TikTok

Saudi campaign to boycott TikTok spreads to private sector

Many Saudis are calling for a boycott of the popular social media platform over it allegedly removing pro-Saudi content.

AFP via Getty Images

Saudi Arabia’s PIF in talks to inject $250M into Chinese car maker

The kingdom is looking to develop its electric vehicle market as its economy diversifies away from oil.

Saudi energy minister Prince Abdulaziz bin Salman

Oil prices rise after Saudi Arabia, Russia extend output cuts

The Kingdom has maintained its oil output cut of 1 million barrels per day since July in an attempt to stabilize the market and prop up prices amid weakened demand.

US Secretary of Defense Lloyd Austin welcomes Saudi Defense Minister Khalid bin Salman to the Pentagon in Washington, DC, on November 1, 2023. (Photo by Mandel NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images)

Saudi defense chief concludes US trip, seeks security assurances as Gaza rages

Prince Khalid bin Salman’s preplanned trip included meetings with top US officials. Saudi Arabia is concerned that the war between Israel and Hamas could hurt its interests.

QatarEnergy

Saudi Aramco, QatarEnergy, UAE’s Emirates among Fortune Arabia top 10

The list of 500 companies from 22 Arab countries posted around $1.6 trillion in revenues in 2022, yielding a net profit of $343 billion.

Riyadh

Saudi Arabia's oil cuts weigh heavy on economy, GDP tanks by 4.5%

The kingdom's economy shrunk by the most since the COVID-19 pandemic in 2020 due to energy measures.