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Saudi Arabia

July 4, 2026

Riyadh 2:15 am

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Oil drilling near Dakhiliyah in the desert region of Hasakah, Syria, Jan. 25, 2026.

Syria launches gas project with Saudi firm in latest Gulf energy partnership

The project is the latest in a series of Gulf-backed investments aimed at rebuilding Syria's energy sector after the ouster of President Bashar al-Assad in December 2024.

Crude oil tankers, bulk carriers and vessels sit anchored around Qaboos Port on June 22, 2026, in Muscat, Oman.

Oil falls below $71 as US-Iran talks continue, Gulf exports rebound

Qatar’s Foreign Ministry spokesperson said in an X post on Wednesday that Iran and the United States had made "positive progress."

China's Foreign Minister Wang Yi (R) shakes hands with Saudi Arabia's Foreign Minister Prince Faisal bin Farhan Al-Saud before a family photo for the attendees of a meeting of foreign ministers from Arab and Muslim-majority nations at the Diaoyutai State Guest House in Beijing on November 20, 2023. The international community must take urgent action to stop the "humanitarian disaster" unfolding in Gaza, Chinese Foreign Minister Wang Yi told visiting diplomats from Arab and Muslim-majority nations on Novembe

Explainer

Saudi FM concludes China visit amid Trump-MBS friction: What to know

Saudi Arabia is still absorbing the war’s security fallout and is widening its circle by leaning more on Beijing as a diplomatic counterweight to Washington and as a partner that can engage Tehran.

Latest News

Saudi Arabia's FM heads to China amid differences with US on Iran war

PEDRO PARDO/AFP via Getty Images

Interview

Saudi labor localization will take ‘generation or two': Armada CEO

A student attends a training seminar at the Tourism Ministry Training center in the city of Riyadh on August 30, 2022.

Olivier Badard

CEO of Armada Holding

Explainer

Gulf states push incentives for investors, expats after war dents image

FADEL SENNA/AFP via Getty Images

United Arab Emirates

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

Vanessa Ghanem

In Dubai, reporting on business, energy and politics

A cargo ship is docked at the port of Yemen's Huthi-held city of Hodeida on July 28, 2024. Photo by -/AFP via Getty Images)

Saudi entity denies its ship hit as Houthis claim attack on Greek tanker

Saudi Arabia's national shipping company Bahri denied reports that its tanker Amjad came under attack by the Houthis, the Yemeni armed group that has stepped up attacks on oil tankers in the Red Sea.

Houthi ships

Two oil tankers come under attack in the Red Sea, sources say

Oil tankers transiting the Red Sea are facing renewed dangers while transiting one of the world's most critical chokepoints for crude.

King Abdullah Centre

Middle East fintech funding sees 650% spike in 2020-2023

Fintech is one of the most funded and transacted industries across the MENA region, according to a MAGNiTT report, accounting for 24% of all venture investment in the region in the first half of 2024.

China's foreign minister, Wang Yi (R), shakes hands with Saudi Arabia's foreign minister, Prince Faisal bin Farhan Al-Saud, before a family photo for the attendees of a meeting of foreign ministers from Arab and Muslim-majority nations at the Diaoyutai State Guest House in Beijing on November 20, 2023.

How significant is PIF's $50B China investment for Saudi ties?

Though Riyadh continues its efforts toward economic integration with Beijing, it still seeks to balance relations with both Beijing and Washington.

MBS Erdogan

Saudi, Turkish leaders call for pressure on Israel to end Gaza war

The two countries have repeatedly called for an end of the war in the Gaza Strip since it erupted last October.

Matthew Stockman/Getty Images

As main funder of Vision 2030, Saudi Arabia's PIF doubles down on domestic investments

Saudi Arabia’s wealth fund is doubling down on domestic investments to support plans to diversify beyond oil revenues, which have fueled the kingdom’s economy for decades.

Israeli Minister of National Security Itamar Ben Gvir takes part in the Jerusalem Day Flag March in the Old City on June 5, 2024 in Jerusalem.

Saudi Arabia, UAE speak out against Israeli far right's moves on Al-Aqsa

Riyadh and Abu Dhabi have called for an end to provocations at one of Islam's holiest sites amid comments by Israel's national security minister about building a synagogue on the site.

A vendor selling dates walks across a street in Islamabad on July 8, 2024, as cash-strapped Pakistan adopted a $68 billion budget laced with tax-raising measures on June 28, seeking to secure a new bailout from the IMF.

Pakistan to raise $4B from Middle East banks amid economic turbulence

For many years, Pakistan has relied on China and Gulf allies Saudi Arabia and the United Arab Emirates to roll over some of its debt to avoid having to repay it sooner.

Jennifer Gnana event

Al-Monitor expands Gulf coverage with new talent led by Jennifer Gnana

GIUSEPPE CACACE/AFP via Getty Images

Analysis

Saudi Arabia's oil revenue falls to three-year low as OPEC+ cuts bite

A low price environment and sustained production cuts have impacted Riyadh's ability to earn more oil revenue.

Jennifer Gnana

Samuel Wendel

By Jennifer Gnana , Samuel Wendel

URS FLUEELER/AFP via Getty Images

Saudi FM makes unannounced visit to Iraq, meets Sudani: What we know

Saudi Arabia and Gulf states are showing increasing interest in Iran-dominated Iraq.

The low-emission container ship Antonia Maersk by Danish shipping company A.P. Moller - Maersk is seen behind containers during its christening at the harbor of Aarhus, Denmark, on August 9, 2024. The ship sails on green methanol. (Photo by Mikkel Berg Pedersen / Ritzau Scanpix / AFP) / Denmark OUT (Photo by MIKKEL BERG PEDERSEN/Ritzau Scanpix/AFP via Getty Images)

Analysis

What Maersk's $250M logistics park means for Saudi Arabia

Danish logistics company remains invested in the Red Sea despite continued threats to shipping from Yemen's Houthi militants.

Jennifer Gnana

By Jennifer Gnana

In Dubai, reporting on Gulf energy policy and politics