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Saudi Arabia

July 4, 2026

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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

Turkish President Recep Tayyip Erdogan (L) and Uzbekistan President Shavkat Mirziyoyev review the honour guard during a welcoming ceremony at the Presidential Complex in Ankara, Turkey on Feb. 19, 2020.

Analysis

Why Uzbekistan is increasingly looking to Turkey, Saudi Arabia for investment

Tashkent is trying to diversify energy sources and bring in fresh foreign investment, turning to both Turkey and Saudi Arabia to accomplish this.

Sabena Siddiqui

By Sabena Siddiqui

In Karachi, reporting on South Asia, Middle East, Iran

NEOM, SAUDI ARABIA - NOVEMBER 17: Athletes compete during stage 4 of NEOM Titan Desert Saudi Arabia during the NEOM Beach Games 2023 on November 17, 2023 in Neom, Saudi Arabia. (Photo by Francois Nel/Getty Images for NEOM Beach Games 2023)

Why is Saudi Arabia cutting funding, reducing costs on ambitious projects?

Saudi Arabia is reevaluating its financial priorities under Crown Prince Mohammed bin Salman’s ambitious Vision 2030 plan to diversify the nation away from a reliance on oil.

India's Prime Minister Narendra Modi addresses his supporters after Bharatiya Janata Party (BJP) won in country's general election, in New Delhi on June 4, 2024. Modi claimed election victory for his party and its allies on June 4, but the opposition said they had "punished" the ruling party to confound predictions and reduce their parliamentary majority. (Photo by Money SHARMA / AFP) (Photo by MONEY SHARMA/AFP via Getty Images)

From Israel to Iran, Modi 3.0 eyes deepening of India's Middle East ties

India refuses to be restricted by its former Cold War commitments; as with any other power or wannabe power, only self-interest matters, and the oil monarchies of the Gulf top India's list of friends in the region.

Brazil's Minister of Mines and Energy Alexandre Silveira de Oliveira speaks during the CERAWeek oil summit in Houston, Texas, on March 19, 2024.

Saudi Arabia holds investment summit in Brazil, plans to invest $15B

Brazil’s energy minister said Saudi Arabia plans to invest $15 billion in the South American country, bolstering already strong economic relations based largely on mining, meat and oil.

Giorgia Meloni was received at the presidential palace in Abu Dhabi by UAE President Sheikh Mohamed bin Zayed Al-Nahyan. (WAM)

UAE, Saudi leaders expected at Italy's G7 summit as Meloni boosts Gulf ties

Italy is seeking Saudi investments and closer gas ties with the UAE, all while it focuses on migration and energy-related interests in North Africa.

(From L) Saudi actor Yaqoub Alfarhan, Saudi actress Maria Bahrawi and Saudi director and screenwriter Tawfik Alzaidi pose during a photocall for the film "Norah" at the 77th edition of the Cannes Film Festival in Cannes, southern France, on May 24, 2024.

Analysis

How Saudiwood’s power play is reshaping Middle East film industry

While the country's first entry at Cannes didn’t win, its inclusion in the festival was another step toward Saudi ambitions to become a film industry powerhouse.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

A man watches stock movements on a display at the Dubai Financial Market stock exchange in the Gulf emirate on April 12, 2022. Shares in the Dubai Electricity and Water Authority (DEWA) rose 16 percent on April 12 in the Gulf region's biggest initial public offering since Saudi oil giant Aramco in 2019.

Saudi Arabia poised to raise $11.2B in Aramco's second IPO

Aramco had set a price range of its shares between 26.7 and 29.0 riyals ($7.12 and $7.73) but said on Friday it ended up pricing them at 27.25 riyals ($7.27).

Digital generated image of futuristic cubes connecting computer microchip. Cloud technology, big data or fintech technology. Concept of the new digital currency CBDC.

Saudi Arabia joins China, UAE in digital currency project

The kingdom is joining the Switzerland-based Bank for International Settlements' central bank digital currency platform.

FAYEZ NURELDINE/AFP via Getty Images

Qatar National Bank says GCC banks have more liquidity than global rivals

An executive at the Qatari lender said that Gulf countries will have to compete with the rest of the world for billions of dollars in equity to finance infrastructure projects, of which there is a higher demand than supply.

KHALIL MAZRAAWI/afp/AFP via Getty Images

Jordan seizes 9.5 million Captagon pills at Saudi border

Much of Jordan’s efforts to counter drug smuggling focus on the Syrian border, but Saudi Arabia remains a major destination for Captagon.

French Foreign Minister Jean-Yves Le Drian attends the Moldova support conference at the Foreign Ministry, Berlin, Germany, April 5, 2022.

Le Drian says France keen to help Saudi Arabia transition away from oil

France's former top diplomat said that his country was supportive of Saudi Arabia's efforts to diversify its economy.

AYEZ NURELDINE/AFP via Getty Images

Saudi Arabia sees 477% increase in multinational HQs in first quarter

The 127 international companies relocating to Saudi Arabia so far this year follow a Saudi program to attract world businesses.