Ukraine’s Zelenskyy in Saudi Arabia to talk prisoners, Russia war

Saudi Arabia has taken an increasingly active role in mediating the Ukraine-Russia war while maintaining friendly relations with both states.

Legacy: Gulf

Qatar places major bet on gas as Saudi Aramco scores new find in Jafurah

Asian liquefied natural gas prices have fallen to a nearly three-year low as warmer winter temperatures have dampened demand.

Qatar

Analysis

International law 'cannot be a la carte': UAE, Saudi and Egypt scold Israel at ICJ

The presentations at The Hague could further the rift between Israel and the Arab world amid the Gaza war and efforts to expand normalization, though countries in the region are still interested in maintaining relations with Tel Aviv.

By Adam Lucente

In New York City, reporting on regional news, militancy, climate change

Saudi Arabia reports oil export slump after OPEC cuts

The dip in exports for the fourth quarter of 2023 was due to Saudi Arabia’s decision to reduce crude output in accordance with the Organization of Petroleum Exporting Countries and allies — the kingdom has also implemented voluntary cuts.

Saudi Arabia

Saudi tech giant expands investments into China, AI as part of $100B plans

Alat plans to invest $100 billion by 2030 to coincide with Crown Prince Mohammed bin Salman’s Vision 2030 plan to wean the kingdom’s economy off of its reliance on oil.

Saudi Arabia

Saudi energy minister reveals why Aramco cut oil target by 1m bpd

In January, the world's biggest corporate crude producer said it would halt its oil expansion plan and set a minimum sustained production capacity of 12 million bpd, 1 million bpd below its target announced in 2020 to be reached in 2027.

Saudi Arabia

Saudi Aramco pivots investment plans as deals beckon in key Asian growth markets

Samuel Wendel

In Washington, DC, reporting on regional business and tech

US firm mulls stake in Starbucks Middle East franchise as local competition heats up

Apollo Asset Management's reported interest comes after the coffee chain said boycotts related to the Gaza war had hurt its regional business.

Saudi Arabia

London Metal Exchange to build delivery centers in Saudi Arabia

Investors and mining companies are bracing for a wave of exploration licenses awarded in Saudi Arabia after the kingdom nearly doubled its untapped mineral estimate to $2.5 trillion and announced new incentives for miners in January.

Saudi Arabia

Saudi inks $3.2B missile defense deal with South Korea as Iran attends expo

The World Defense Show has yielded deals between Saudi Arabia and South Korea and may lead to the strengthening of the kingdom’s ties with Iran, the United States and others.

Legacy: Gulf

South Africa’s Milkor gets go-ahead to produce drones in Saudi Arabia

The Gulf country is bolstering its defense capabilities amid increasing instability in the Middle East.

Saudi Arabia

Red Sea attacks push global firms to seek overland shipping alternatives

An Israeli company is sending goods overland from the United Arab Emirates through Saudi Arabia and other firms are looking at different arrangements as US strikes fail to deter Houthi attacks.

Israel