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Saudi Arabia

November 11, 2026

Riyadh 2:37 pm

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ankers are seen at the Khor Fakkan Container Terminal, the only natural deep-sea port in the region and one of the major container ports in the Sharjah Emirate, along the Strait of Hormuz, a waterway through which one-fifth of global oil output passes, on June 23, 2025.

Explainer

UAE selling Saudi oil highlights new Gulf energy realities

News surfaced on Nov. 10 that the UAE has reportedly marketed 1.87 million barrels of Saudi crude salvaged from a damaged supertanker for sale, marking an exceptional example of energy cooperation between Gulf rivals.

United Arab Emirates

ANDY BUCHANAN / AFP via Getty Images

GCC to build military command center in Kuwait as region simmers: What to know

GCC countries have stepped up their joint defense efforts with the announcement of a new forward command center to be headquartered in Kuwait, as tensions between Iran and the US continue to escalate.

Saudi Arabia's Deputy Foreign Minister Waleed el-Khereiji (R) speaks with Syria's interim foreign minister Asaad al-Shaibani

Analysis

Syria denies sending troops to fight Houthis in return for Saudi loans

The Saudi Fund for Development and Syria’s Finance Ministry recently inked more than $403 million in concessional loan agreements, fueling speculation that Damascus agreed to provide military support to Saudi Arabia in exchange for financial aid.

Amberin Zaman

By Amberin Zaman

Reporting on geopolitics, minorities, human rights, culture

Latest News

Iraq, Saudi Arabia face attacks as Trump pursues Iran deal

Samuel Corum/Getty Images

Analysis

Gulf’s $3 trillion US investment drive faces post-midterm Trump reckoning

WASHINGTON, DC - NOVEMBER 18: Crown Prince and Prime Minister Mohammed bin Salman of Saudi Arabia and U.S. President Donald Trump shake hands during a dinner in the East Room at the White House on November 18, 2025 in Washington, DC. Trump is hosting the Crown Prince for meetings aimed at strengthening economic and defense ties, including the U.S. sale of F-35 fighter jets to Saudi Arabia. (Photo by Win McNamee/Getty Images)

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Turkey’s parliament ratifies Mecca pact in boost to Saudi Arabia

Turkish President Recep Tayyip Erdogan addresses Turkish members of parliament during the opening of the parliamentary session at the Grand National Assembly of Turkey in Ankara, on Oct. 1, 2026.

Samuel Wendel

Senior Analyst, Middle East Business & Tech

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

PEDRO PARDO/AFP via Getty Images

Saudi Aramco CEO predicts 1.6-2M bpd oil demand rise after sharp price fall

The bullish perspective follows the price of Brent crude falling amid the global stock downturn and coincides with Aramco buying a more than $700 million stake in a Saudi energy complex.

PEDRO PARDO/AFP via Getty Images

Saudi PIF signs deals worth up to $50B with six Chinese institutions

As one of the world’s largest sovereign wealth funds, the $925 billion Saudi PIF is already heavily invested in China.

A picture taken on Jan. 17, 2016, shows the headquarters of Saudi Basic Industries Corporation (SABIC) in the Saudi capital, Riyadh.

Saudi Arabia's SABIC sees second quarter profit rise by 85% to $580M

The company's results are encouraging news for the petrochemicals sector, which has been weathering a downturn since the COVID-19 pandemic.

KALAMAZOO, MICHIGAN - JULY 17: U.S. Vice President Kamala Harris attends a moderated conversation with former Trump administration national security official Olivia Troye and former Republican voter Amanda Stratton on July 17, 2024 in Kalamazoo, Michigan. (Photo by Chris duMond/Getty Images)

US election drama raises stakes for Mideast economic powers eyeing 2025

Britain's Prime Minister Keir Starmer delivers a speech during a visit to Hutchinson Engineering in Widnes, north of England, on July 25, 2024.

UK’s new government reboots trade talks with Gulf, Israel, Turkey

New British Prime Minister Keir Starmer has made economic growth a priority of his Labour government and has pledged to make the UK the fastest-growing economy in the G20.

Members of the public walk along the high street on March 21, 2024, in Lewes, England.

Gulf investment in UK real estate to hit $4B annually, says BLME

Research predicts that demographic trends and supply shortages will make the UK's real estate sector a more popular option for investors in the future.

Men wearing thawbs walk past a billboard promoting the transition to renewable energies at the UNFCCC COP28 Climate Conference the day before its official opening on November 29, 2023 in Dubai, United Arab Emirates. The COP28 is bringing together stakeholders, including international heads of state and other leaders, scientists, environmentalists, indigenous peoples representatives, activists and others to discuss and agree on the implementation of global measures towards mitigating the effects of climate c

GCC’s renewable energy push pays off with Qatar, UAE taking lead

Several Gulf states rank relatively high on the World Economic Forum (WEF) Energy Transition Index, reflecting their efforts to transition toward renewable energy and reduce their dependence on fossil fuels.

Beijing

China’s Baosteel ups investment in Saudi steel plate venture to $1B

A subsidiary of the world’s largest steelmaker, China Baeowu Steel Group, will have a 50% stake in a major new Saudi-based venture.

ALEXEY NIKOLSKY/SPUTNIK/AFP via Getty Images

Why G7's economic policy toward Russia might alienate Saudi Arabia

The G7 has seized hundreds of billions of dollars in Russia’s frozen assets in response to Moscow's 2022 invasion of Ukraine.

PHILADELPHIA, PENNSYLVANIA - MAY 29: U.S. President Joe Biden and U.S. Vice President Kamala Harris wave to members of the audience after speaking at a campaign rally at Girard College on May 29, 2024 in Philadelphia, Pennsylvania. Biden and Harris are using today's rally to launch a nationwide campaign to court black voters, a group that has traditionally come out in favor of Biden, but their support is projected lower than it was in 2020. (Photo by Andrew Harnik/Getty Images)

Middle East cheers Biden’s withdrawal, uncertain about Kamala Harris pick

Many people in the region were joyful about President Joe Biden’s decision not to seek reelection, as they blame him for the crises including the war in the Gaza Strip.

Media image of a Lilium eVTOL jet, download July 18, 2024.

Saudia inks deal for electric flying taxis from Germany amid airline order spree

The agreement to purchase 50 jets, with an option for 50 more, was made with Lilium, headquartered outside Munich.

ACWA Power and China Southern Power Grid representatives.

Saudi-China energy cooperation strengthened by Uzbek wind project sale

Both Saudi Arabia and China are seeking to tap into Uzbekistan's and Central Asia’s energy potential.