Analysis How Manchester City fallout tests Gulf’s global investment model The Premier League’s historic financial misconduct ruling against the Emirati-owned club has sparked a media firestorm and experts say fallout could extend beyond the pitch to impact Gulf investment in sports and other industries. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Explainer What Houthi airport attacks mean for Saudi Arabia’s aviation ambitions The kingdom has spent recent years pouring billions into a new airline and airport infrastructure amid efforts to compete with established Gulf travel hubs. Saudi Arabia
Saudi Arabia outlines oil export plans amid escalating Houthi attacks Saudi authorities said on Monday they were extending the suspension of operations at King Khalid International Airport after deadly attacks over the weekend by Yemen's Iran-aligned Houthis. Saudi Arabia
Riyadh’s skies remain unsettled after deadly Houthi strikes Saudi authorities confirmed Friday that Thursday’s first attack struck airport facilities and the second hit a Saudia aircraft. Saudi Arabia
Riyadh airport issues travel alert as Yemen's Houthis claim fresh attack on Saudi Arabia Saudi Arabia
Delta resumes Israel flights as Ryanair, American hold off Several international airlines have resumed flights to Tel Aviv in recent weeks, though major carriers like American Airlines and Turkish Airlines have not. Israel
Turkey, UK to begin trade deal talks in June The official talks, set to begin on June 10, were announced following a Thursday meeting between the countries’ trade ministers in London. Turkey
Hungary signs $5.5B deal with UAE firm to develop Budapest neighborhood The new project around the Rakosrendezo freight train station is expected to bring the futuristic, high-rise style of Dubai and other Emirates to the Hungarian capital. United Arab Emirates
Israel’s NewMed Energy says UAE deal suspended amid Gaza 'uncertainty' Israel-UAE relations have been negatively impacted by the war but still remain intact. Legacy: Gulf
EU readies $8B aid package for Egypt to help economy, stem immigration European Commission President Ursula von der Leyen is set to travel to Cairo Sunday with the Belgian, Italian and Greek prime ministers to complete and announce the aid agreement for Egypt. Egypt
Turkey doubles down on coal despite European efforts to decarbonize Turkey has been importing around three quarters of its coal from Russia as prices have fallen since the Ukraine war began in Feb. 2022. Turkey
Saudi Aramco turns to China for future oil demand as profits fall 25% China is the biggest customer for Saudi crude but is also crucial in Aramco’s ambitions to convert 4 million bpd of its oil production into petrochemicals by 2035. Saudi Arabia
Will UAE's $35B investment help Egypt recover from financial crisis? The Gulf state has stepped in with a major deal that could throw an economic lifeline to President Abdel Fattah al-Sisi's government. Egypt
Saudi Arabia’s PIF poised for more bold investments as Vision 2030 squeezes war chest Samuel Wendel In Washington, DC, reporting on regional business and tech
What’s behind Dubai’s new 20% tax on foreign banks? The UAE implemented its first-ever corporate tax last year in an effort to boost revenue amid the shift away from oil and gas. Legacy: Gulf
AI and cloud investments dominate Saudi Arabia's LEAP tech summit Amazon Web Services and DataVolt were among the companies that made significant cloud investments in the kingdom, which is looking to become a global technology hub. Saudi Arabia
UAE-India ties grow as DP World secures $422M for Gujarat container terminal Intiatives like the India-Middle East-Europe Economic Corridor have seen business deals flourishing between India and the United Arab Emirates. United Arab Emirates