Saudi Arabia grants citizenship to Uber co-founder, Red Sea Global CEO

Uber co-founder Travis Kalanick and Red Sea Global CEO John Pagano have been granted Saudi citizenship.

Saudi Arabia

Newsletter: Business & Tech

Dar Global, Trump eye Saudi megaprojects

Gulf economies saw major moves this week, from new Trump-linked real estate ventures to multibillion-dollar logistics, energy, and consumer investments.

By Jack Dutton

In Bristol, reporting on regional business, climate change, AI, tech

Saudi investment minister visits Morocco, Senegal on Africa trade drive

Saudi Arabia has pledged more than $41 billion in investment in sub-Saharan Africa over the next decade.

Saudi Arabia

Interview

Dar Global hints at Trump real estate deals in Saudi Arabia’s gigaprojects

The Dubai-headquartered real estate company has worked with the Trump Organization on luxury property developments across the Gulf.

Ziad El Chaar

Chief Executive Officer, Dar Global

World Bank ups Middle East 2025 economic outlook as oil, tourism rebound

The lender expects gross domestic product growth in the region to average 2.8% this year, up from its April forecast of 2.6%.

Iran

Interview

Al-Futtaim targets 2026 UAE rollout for game-changer ultrafast EV charging

The technology, which has only been deployed in China, will enable up to 400 kilometers of car recharging in five minutes, roughly the same time as filling a petrol tank.

Lucas Bellieud

Al-Futtaim Electric Mobility Managing Director

Blackstone, Abu Dhabi's Lunate set up $5B GCC logistics investment platform

The new platform will capitalize on the growing logistics sector in the Gulf.

United Arab Emirates

PayPal, UAE's DP World sign MoU to speed digital payments

Under the agreement, international transactions are expected to be executed in minutes rather than take up to a week.

United Arab Emirates

Newsletter: City Pulse Dubai

Venice Biennale 2026: Bana Kattan to lead UAE Pavilion

Tuscan flavors in Dubai, Sotheby’s $150m preview and Abu Dhabi’s $11.4b plan.

By Rebecca Anne Proctor

In Dubai, reporting on culture

UAE wealth fund ADIA scoops into $18B Haagen-Dazs owner Froneri

The UAE sovereign wealth fund has become a co-investor in Froneri in a deal valuing the global ice cream firm at about $18 billion.

United Arab Emirates

UAE deepens Asia ties as Malaysia, Australia trade deals kick in

Asia accounts for around 60% of the world’s gross domestic product and pursuing trade deals there helps the UAE hedge against dependence on both the US and China.

United Arab Emirates

Trump family further expands Gulf business with $1B Jeddah plaza project

It will be the second Trump-branded development in the kingdom after the launch of Trump Tower Jeddah last December.

Saudi Arabia