Saudi Arabia taps China’s MiniMax for Arabic AI model The development signals that the kingdom continues deepening AI ties with China while simultaneously pursuing major US technology partnerships, keeping the Gulf state at the center of an intensifying technology race between the superpowers. Saudi Arabia
Newsletter: Business & Tech Oil rises amid renewed US-Iran fighting Iran launched a wave of attacks on US sites across the Middle East on Wednesday after an extensive American bombardment. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Saudi oil exports hit nine-year low as tanker attacks threaten recovery The country’s oil exports were around 3 million barrels per day in August. Saudi Arabia
Newsletter: FutureVerse LEAP’s comeback The fifth edition of the gathering offers a temperature check for the Gulf’s AI ambitions amid fallout from the US-Israel-Iran war. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Newsletter: Daily Briefing Iran sets conditions for reopening Strait of Hormuz By Ezgi Akin In Ankara, reporting on diplomacy, EU-Turkey ties, NATO
Newsletter: City Pulse Riyadh AlUla brings Saudi creativity to Paris By Rebecca Anne Proctor In Dubai, reporting on culture
Two oil tankers come under attack in the Red Sea, sources say Oil tankers transiting the Red Sea are facing renewed dangers while transiting one of the world's most critical chokepoints for crude. Saudi Arabia
Middle East fintech funding sees 650% spike in 2020-2023 Fintech is one of the most funded and transacted industries across the MENA region, according to a MAGNiTT report, accounting for 24% of all venture investment in the region in the first half of 2024. Saudi Arabia
How significant is PIF's $50B China investment for Saudi ties? Though Riyadh continues its efforts toward economic integration with Beijing, it still seeks to balance relations with both Beijing and Washington. Saudi Arabia
Saudi, Turkish leaders call for pressure on Israel to end Gaza war The two countries have repeatedly called for an end of the war in the Gaza Strip since it erupted last October. Saudi Arabia
As main funder of Vision 2030, Saudi Arabia's PIF doubles down on domestic investments Saudi Arabia’s wealth fund is doubling down on domestic investments to support plans to diversify beyond oil revenues, which have fueled the kingdom’s economy for decades. Saudi Arabia
Saudi Arabia, UAE speak out against Israeli far right's moves on Al-Aqsa Riyadh and Abu Dhabi have called for an end to provocations at one of Islam's holiest sites amid comments by Israel's national security minister about building a synagogue on the site. Israel
Pakistan to raise $4B from Middle East banks amid economic turbulence For many years, Pakistan has relied on China and Gulf allies Saudi Arabia and the United Arab Emirates to roll over some of its debt to avoid having to repay it sooner. Saudi Arabia
Analysis Saudi Arabia's oil revenue falls to three-year low as OPEC+ cuts bite A low price environment and sustained production cuts have impacted Riyadh's ability to earn more oil revenue. By Jennifer Gnana , Samuel Wendel
Saudi FM makes unannounced visit to Iraq, meets Sudani: What we know Saudi Arabia and Gulf states are showing increasing interest in Iran-dominated Iraq. Iraq
Analysis What Maersk's $250M logistics park means for Saudi Arabia Danish logistics company remains invested in the Red Sea despite continued threats to shipping from Yemen's Houthi militants. By Jennifer Gnana In Dubai, reporting on Gulf energy policy and politics
Analysis With new investment law, Saudi Arabia looks to reassure foreign investors Riyadh looks to incentivize investors to participate in the diversification of its economy, as its Vision 2030 deadline looms nearer. By Jennifer Gnana In Dubai, reporting on Gulf energy policy and politics