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The headquarters of SpaceX in Hawthorne, California, with a Falcon 9 booster in March 2024.

Explainer

Saudi investors could emerge as key winners from SpaceX’s historic IPO

A new disclosure from Saudi Arabia's Kingdom Holding ahead of SpaceX’s Nasdaq debut shows just how valuable Elon Musk's relationship with Gulf investors has become.

Latest News

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

David Rosenberg

In Tel Aviv, reporting on business and tech

Israel biomed

Israeli innovations in medical tech embraced worldwide

In Europe, the US, Africa, and now also in Gulf states, hospitals and healthcare systems are adopting Israeli med-tech companies' new products.

Zafrir

Quantum computing is the next revolution, Israeli cyber expert says

Israeli intelligence commander-turned-tech executive Nadav Zafrir discussed cybersecurity’s relation to terrorism, the pros and cons of remote work, machines superseding humans and more on Al-Monitor’s 'On Israel' podcast.

Cybersecurity image.

Egypt ramps up cyber, data security capabilities

Egyptian government agencies are coordinating efforts to be prepared for future cyberattacks.

Guests attend the Global AI 2020 Summit in the Saudi capital, Riyadh, on Oct. 21, 2020.

Saudi Aramco pursues diversification with artificial intelligence center

The Saudi energy giant is flush with cash from oil sales abroad.

A picture taken on Feb. 6, 2018, shows a visual representation of the digital cryptocurrency Bitcoin.

Report: One third of Israelis and Emiratis own cryptocurrency

Both Israel and the UAE have emerged as centers of cryptocurrency in the Middle East.

Intel increases footprint in Israel with acquisition of Granulate

The Silicon Valley computer chip manufacturer has acquired two major Israeli tech companies this year.

Dubai crypto

Bybit, Crypto.com head for Dubai as UAE pushes cryptocurrency

The Emirates wants to become a cryptocurrency hub for the region, but faces some competition from Israel.

United Arab Emirates

FABRICE COFFRINI/AFP via Getty Images

Israeli bank Leumi becomes first in country to allow cryptocurrency trading

The cryptocurrency market is expanding in Israel and the Palestinian territories, but authorities want the industry to be more regulated.

Bitcoin

Israeli crypto firm Coinmama bought for $3 million

Coinmama is one of the relatively few cryptocurrency platforms that allows users to buy coins with a credit card, and is part of Israel’s growing crypto ecosystem.

The Barakah nuclear plant, seen here in Ruwais, Abu Dhabi.

UAE expands nuclear power plant, doubles electricity production

The UAE is still reliant on oil and gas, though nuclear energy is rising in the country and across the region.

United Arab Emirates

Iran tech

Iran to offer visas for startups

The purpose of the visa is to attract foreign investment and innovation to Iran. The Iranian economy has been struggling recently for several reasons, including government mismanagement and US sanctions.

NEOM.

Saudi’s future city, NEOM, launches renewable energy project

Saudi Arabia has grand plans for the city, but the endeavor’s land use and sustainability plans have faced pushback.