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Saudi Arabia

December 24, 2025

Riyadh 6:34 am

9°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

BEIJING, CHINA - MARCH 17: Chinese Premier Li Keqiang (2nd-L) meets with Saudi Arabia's King Salman bin Abdulaziz Al Saud (2nd-R) at Great Hall of the People on March 17, 2017 in Beijing, China. At the invitation of President Xi Jinping, King Salman Bin Abdul-Aaziz Al-Saud of the Kingdom of Saudi Arabia will pay a state visit to China from March 15 to 18, 2017. (Photo by Lintao Zhang - Pool/Getty Images)

Saudi Arabia and China’s Baosteel to establish steel complex

Saudi entities, including oil giant Aramco, have made a number of agreements with Chinese entities in the past year as Sino-Saudi ties continue to gain momentum.

Protesters hold a giant rainbow flag as they march along Oxford St ahead of the pontifical requiem Mass for Cardinal George Pell on February 02, 2023 in Sydney, Australia. Cardinal George Pell, a former senior Catholic Church official who was accused of sexual violence in Australia and then cleared, died on 10 January 2023 aged 81 years old. His body was returned to Sydney after his funeral at the Vatican and will lie in state at St. Mary's Cathedral on Feb. 1 and 2. (Photo by Roni Bintang/Getty Images)

Culture

In a shift, Saudi Arabia to 'welcome' LGBTQ tourists

The Saudi Tourism Authority said that authorities do not ask for personal details in this regard. The position follows social changes the kingdom is undergoing, though it is difficult to determine the exact status of LGBTQ people in the country.

Saudi Arabia announced a major Captagon bust this week, with more than 12.7 million pills seized.

Saudi Arabia seizes 12.7 million Captagon pills in pomegranate bust

Four people were arrested in a major drug bust, according to the state-owned Saudi Press Agency, including two Egyptians, one Syrian and one Yemeni national.

FAYEZ NURELDINE/AFP via Getty Images

Culture

Cristiano Ronaldo disappoints as Saudi Al Nassr loses King Cup

Ronaldo is the biggest player to ever play in Saudi Arabia, but his tenure in the kingdom has been disappointing to some fans.

Saudi fighter jets are displayed during Saudi Arabias first World Defense Show, north of the capital Riyadh, on March 6, 2022. (Photo by Fayez Nureldine / AFP) (Photo by FAYEZ NURELDINE/AFP via Getty Images)

Saudi Arabia rises to world's 5th largest military spender: SIPRI

The kingdom has risen from eighth to fifth place since 2021, surpassing the United Kingdom, Germany and France.

Saudi and foreign journalists are pictured at the Future Investment Initiative (FII) badge collection centre.

Saudi Arabia opens four special economic zones with eye on foreign investment

The special economic zones offer incentives such as competitive corporate tax rates, 100% ownership of companies and flexibility in employing foreign labor.

Saudi Crown Prince Mohammed bin Salman (R) attends a meeting with Chinese President Xi Jinping (not pictured) at the Great Hall of the People in Beijing on February 22, 2019. (Photo by HOW HWEE YOUNG / POOL / AFP) (Photo credit should read HOW HWEE YOUNG/AFP via Getty Images)

Saudi crown prince calls China’s Xi following Iran, energy deals

The call marked the first time the two leaders spoke since the Saudi-Iran rapprochement deal brokered by China.

An undated image of Saad Ibrahim Almadi.

Saudi Arabia releases US citizen Almadi jailed over tweets

Saad Ibrahim Almadi was released after 16 months in prison but remains in Riyadh under a travel ban, according to his son.

murabba

Saudi Arabia's New Murabba project to lure global investors, but at what cost?

Ambitious project announcements are becoming an increasingly common feature of Saudi Arabia’s developmental aspirations.

Robert Mogielnicki

Robert Mogielnicki

Passengers are seen at Moscow's Domodedovo airport, the day S7 Airlines canceled all its international flights due to sanctions imposed on Russia over the country's invasion of Ukraine, March 5, 2022.

Russia to add Gulf countries to visa-free travel list

Russia stated that it was preparing visa-free travel agreements with a total of 17 countries, which include Saudi Arabia, Kuwait, Bahrain, Oman and Syria.

HRH Crown Prince Mohammed bin Salman.

Saudi Arabia invests $51 billion in first wave of Shareek diversification

The Shareek investment and diversification strategy is set to create more than 64,000 jobs by 2040.

People watch the lauching of NASA and SpaceX Dragon Crew-6 mission to International Space Station, at the Mohammed bin Rashid Space Centre (MBRSC) in Dubai on March 2, 2023. - A SpaceX Falcon 9 rocket blasted off to the International Space Station carrying two NASA astronauts, a Russian cosmonaut and the second Emirati to voyage to space. (Photo by KARIM SAHIB/AFP via Getty Images)

UAE sends second astronaut to space on longest Arab mission

Sultan Saif AlNeyadi will collaborate with NASA and other international space agencies to conduct 19 scientific studies in a wide array of fields.