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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

Ambassador of Israel to Korea Akiva Tor.

Israel announces metaverse embassy in South Korea

The UAE also recently launched offices in the digital world.

Data center

Residents in Israel warn against wave of server farm construction

With Google and Amazon winning the tender for a Cloud region in Israel, more data centers will be coming, but some residents have concerns about the environment and quality of life.

A sign offering Bitcoin for sale is seen in a store window in Hollywood, California, Oct. 20, 2022

Dubai-based crypto firm to offer payment card

The partnership between BitOasis and Mastercard could make cryptocurrencies more usable for daily purchases.

Hydrogen tank.

Saudi company to develop green hydrogen in South Africa

The kingdom has shown a particularly strong interest in both South Africa and green hydrogen in general this year.

Jan. 27, 2018

Animal-free dairy plant to open in UAE

The United Arab Emirates is getting its first vegan dairy production facility as demand for non-animal-based products rises in the Gulf.

United Arab Emirates

Google

Israel gets Google Cloud region

Cities in Qatar and Saudi Arabia will also soon gain access to the service, which provides advanced cloud computing.

JALAA MAREY/AFP via Getty Images

Israel moves to reduce industrial greenhouse gas emissions

Ahead of the COP27 climate summit in Egypt next month, the Israeli government is focused on reducing greenhouse emissions within the industrial sector.

The AgrIsrael Sea the Future Conference, Eilat, Oct. 19, 2022.

Israel pushes aquaculture cooperation in answer to global food security

Israel’s Agriculture Minister Oded Forer talks with Al-Monitor about the first-ever international summit on food grown in the sea and the desert, held this week in Eilat.

NFT art, Israel.

NFT art, industry boom in Israel

Israel might have gotten a late start on NFT art, but it's catching up quickly with active artists and groups on all social networks.

This picture taken on Oct. 18, 2022 shows a view of solar panels at the newly-inaugurated al-Kharsaah solar power plant in Qatar.

Qatar brings new solar power plant into operation

The French energy giant TotalEnergies is the Gulf nation's partner in the project.

Tulima Farms and Agri-Processing.

Inside Egypt’s first climate-friendly farm

Tulima Farms in the Nile Delta relies on climate-friendly mechanisms to promote agriculture that adapts to climate change and relies on less water consumption amid a looming water crisis in Egypt.

Persian Gulf AI

UAE goes deeper into metaverse

The Emirate of Sharjah’s launch of a metaverse project follows the UAE’s Economy Ministry opening an office in the digital world.

United Arab Emirates