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
What weapons is US selling to Saudi Arabia in latest $582 million deal? The sale coincides with increased Houthi attacks in Gulf waters and growing Saudi concerns over its defense posture following the Israel-Hamas war. Saudi Arabia
Brazil to join OPEC+ as Saudi-led bloc agrees to oil cuts Saudi Arabia, which leads the alliance of oil producers, has been instituting voluntary production cuts in an effort to keep prices up. Legacy: Gulf
What does Saudi Arabia hosting of Expo 2030 mean for its economy? Winning the rights to host the world fair follows news that the kingdom will likely host the 2034 FIFA World Cup, among several other major events. Legacy: Gulf
Culture In cultural shift, Saudi Arabia allows pets on public transportation Pet owners can now bring their pets onto buses, boats and trains in the kingdom, but only under certain conditions. Legacy: Gulf
Italy and Saudi Arabia in talks for major deals as ties grow under Meloni The government of Italian Prime Minister Giorgia Meloni, which came into power in October 2022, has been working to deepen ties with energy- and cash-rich states in the Middle East and North Africa. Saudi Arabia
What Saudi crown prince's call to stop weapons exports means for Israel The crown prince’s comments come amid persistent opposition to Israel’s strikes against Hamas in Gaza in the Arab world. Legacy: Gulf
What $6.9B China-Saudi currency swap means for Beijing’s efforts to globalize yuan China’s increasing economic influence and the high price of the US dollar, which has increased amid increasing interest rates to tame inflation, have led some economies to switch to cheaper yuan-denominated transactions. Saudi Arabia
Saudi Arabia to sign more than $500M in deals with African countries Saudi Investment Minister Khalid Al-Falih said the kingdom’s sovereign wealth fund, the Public Investment Fund, will make some “game changing” investments in Africa. Saudi Arabia
What the Gulf states new unified visa means for Saudi, UAE, other citizens The new Schengen-like visa — allowing seamless travel between members Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates — will be introduced during 2024-25. Legacy: Gulf
Saudi campaign to boycott TikTok spreads to private sector Many Saudis are calling for a boycott of the popular social media platform over it allegedly removing pro-Saudi content. Saudi Arabia
Saudi Arabia’s PIF in talks to inject $250M into Chinese car maker The kingdom is looking to develop its electric vehicle market as its economy diversifies away from oil. Saudi Arabia
Oil prices rise after Saudi Arabia, Russia extend output cuts The Kingdom has maintained its oil output cut of 1 million barrels per day since July in an attempt to stabilize the market and prop up prices amid weakened demand. Saudi Arabia