Interview Franco-Gulf investment holds firm despite Iran war, French official says French investors are reallocating capital toward strategic sectors such as artificial intelligence and technology rather than pulling out of the region altogether. Axel Baroux France’s trade and investment commissioner for the UAE and Middle East
Who is Fahd Al-Dosari, Saudi Arabia’s new ambassador to Lebanon? Ambassador Fahd bin Abdulrahman bin Hathloul Al-Dosari, a seasoned diplomat, arrives in Beirut as Saudi Arabia seeks to strengthen its ties with Lebanon. Lebanon
Gulf cautiously welcomes US-Iran deal as Hezbollah congratulates Tehran Arab and regional countries welcomed the deal to end the war between Iran and the United States. Iran
Analysis Gulf aluminum pursues global deals as Hormuz crisis accelerates shift Gulf aluminum exporters are targeting global deals amid fallout from the US-Israel-Iran war, which has pushed prices to multiyear highs in early June. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis Why Iran strikes on Kuwait pose dilemma for US Navy’s blockade By Jared Szuba In Washington, DC, reporting on defense, national security, military
Arab League calls for 'immediate' Israeli withdrawal from Gaza, deployment of international force The statement further expresses the Arab nations' “firm position for a just and comprehensive peaceful settlement of the Palestinian issue” and their support for an international peace conference on the Israeli-Palestinian conflict. Palestine
As Saudi Arabia pushes socioeconomic change, arrests show limits to reform Riyadh has been heavily investing in its economic diversification agenda but a slate of recent arrests over citizens' social media posts and other alleged state violations highlight the limits of Saudi Arabia's socioeconomic reforms. By Sebastian Castelier In Dubai, reporting on regional business
Dubai crowned wealthiest city in Middle East, home to 72,500 millionaires The number of individuals in Dubai with liquid investment wealth — assets that can be readily converted to cash — of $1 million or more increased by 78% between 2013 and 2023 to 72,500, according to a report. United Arab Emirates
Turkey and Kuwait sign six deals as Erdogan hosts country's Emir The Kuwaiti emir traveled to Turkey for his first foreign visit to a non-Arab country since he took the oath of office in December. Turkey
Chinese investors skeptical as Gulf pushes for deeper economic ties with Beijing Gulf states are building economic ties with Beijing in non-energy fields, but Chinese investors remain skeptical of ambitious economic diversification plans in the Gulf. By Sebastian Castelier In Dubai, reporting on regional business
UAE-backed RedBird IMI pulls out of Telegraph deal, will sell UK newspaper RedBird IMI effectively took control of Telegraph Media Group in December, when it repaid the owner family’s debts, including a $753 million loan against the media outlets. United Arab Emirates
UAE company agreed to loan $13B to South Sudan in exchange for oil A $13 billion loan to South Sudan, funded by Hamad Bin Khalifa Department of Projects, marks the largest-ever cash deal for the country. United Arab Emirates
Interview Saudi Arabia's giga-projects to offer 'testing ground' for British technology Saudi startups and fintech firms are looking to tap into the United Kingdom's $1 trillion tech market. Matt Jones Saudi British Joint Business Council Project Officer
What does EU visa relaxation for Saudi, Bahraini, Omani citizens mean? Under the new rules, Bahraini, Omani and Saudi Arabian nationals will be eligible for multiple-entry visas, allowing them to visit the Schengen area (the EU’s 27 member states as well as Bulgaria and Romania) and move freely between them. Saudi Arabia
Soaring regional tensions boost Gulf budgets, threaten long-term goals Most of the Gulf’s economic diversification plans still rely heavily on oil and gas revenues, especially in Saudi Arabia, where the most speculative parts of Vision 2030 face a lack of interest by foreign investors. By Sebastian Castelier In Dubai, reporting on regional business
Will China-Arab States Cooperation Forum summit help boost Beijing’s ties with Mideast? The 10th session of the China-Arab States Cooperation Forum is due to be held on May 30 in Beijing — will it result in even stronger China-Arab relations? By Sabena Siddiqui In Karachi, reporting on South Asia, Middle East, Iran
UK-Saudi deal allows kingdom to tap into Britain’s $1T tech market The kingdom spent $5.1 billion on research and development in 2022, a 32.7% from the previous year’s $3.9 billion. Saudi Arabia