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April 17, 2026

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Saudi stocks hit 2026 high, bucking global war-driven volatility

The kingdom's stock market climbed to its highest level of the year on Wednesday, with the kingdom’s equities now far outperforming the S&P 500 and other global and regional indices.

A man walks through the atrium during the 2026 IMF and World Bank Group Spring Meetings in Washington, DC, on April 14, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

IMF slashes Mideast outlook by nearly 3 points as Iran war hits economies

The International Monetary Fund cut gross domestic product forecasts for the Middle East and North Africa, with the fallout from the conflict exposing stark divergences between the region’s energy exporters and importers.

Latest News

Analysis

How fast can Gulf energy production rebound after US-Iran ceasefire?

picture of Qatar Energy's operating facilities on March 3, 2026, in Ras Laffan Industrial City, Qatar.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

EIA hikes 2026 oil price forecasts 22% as Hormuz fuels long-term market fallout

Gas prices over $6.00 are displayed at a Shell station across from the Marathon Petroleum Corp's Los Angeles Refinery on April 02, 2026, in Carson, California.

AirAsia stays course on Bahrain hub as Iran war clouds aviation growth plans

AirAsia aircraft with two engines landing on Kota Kinabalu International airport runway, Kota Kinabalu Sabah, Malaysia, March 4, 2017.

Samuel Wendel

Senior Market Research Analyst

In Washington, DC, reporting on regional business and tech

Vanessa Ghanem

In Dubai, reporting on business, energy and politics

Karen Young

In Washington, DC, reporting on regional energy

Reve Chaaban

In Doha reporting on culture

Funeral prayers are held at the Mohammed bin Abdulwahab Mosque in Doha, on Sept. 11, 2025.

Qatari emir attends Hamas members’ funeral in Doha after Israeli strikes

The funeral for the Hamas members and the Qatari corporal killed in the Israeli strikes was held at a prominent mosque in Doha.

A worker fits solar panels onto frames during construction at South Africa's first municipally owned solar plant, during International World Environment Day, on June 5, 2025, in Atlantis near Cape Town.

Saudi firm to pump $700M into economic zone developer in Africa

The kingdom's Vision Invest will invest in pan-African developer Arise Integrated Industrial Platforms, which will use the funds to expand across the continent and develop green industrial ecosystems.

Sheikh Tamim bin Hamad Al Thani (L) welcomes Sheikh Mohammed Bin Zayed Al Nahyan (R) to Hamad International Airport in Doha, on Sept. 10, 2025.

UAE president visits Qatar, bans Israel from Dubai Airshow after Doha strikes

UAE President Sheikh Mohammed bin Zayed Al Nahyan threw his country’s support behind Qatar, saying the Israeli strikes on Qatari territory violated international laws.

TOPSHOT - Israel's Prime Minister Benjamin Netanyahu (C) and National Security Minister Itamar Ben-Gvir (R) visit the scene of a shooting at the Ramot road junction in Israeli-annexed east Jerusalem on September 8, 2025. Palestinian gunmen opened fire at a bus stop in Israeli-annexed east Jerusalem on September 8, killing five people and wounding several others. Israeli emergency service Magen David Adom (MDA) said there were five victims dead in the shooting attack, updating an earlier toll of four. Police

Analysis

Trump fumes, Hamas scoffs: Will Israel’s Qatar strikes backfire?

While the targeted Hamas leaders' fate is unknown, it is clear that the United States is unhappy with Tuesday’s strike and that Qatar will distance itself from mediating a Gaza ceasefire deal.

In Tel Aviv, reporting on national security, Israeli politics, defense

JACQUELINE PENNEY/AFPTV/AFP via Getty Images

Live Updates

Israeli airstrikes target Hamas leadership in Qatar's Doha

The strikes come just a day after Qatari authorities engaged with Hamas officials to press for a response to a US-backed ceasefire and hostage exchange proposal.

WANG ZHAO/AFP via Getty Images

Qataris hail Chinese robotaxis as Gulf embraces driverless cars

Three Chinese companies have publicly announced plans to roll out the autonomous vehicles in the Gulf.

Iranian Foreign Minister Abbas Araghchi meets with Qatari Emir Sheikh Tamim bin Hamad Al Thani in Doha, Sept. 4, 2025.

Iran FM, Qatar emir meet as Doha holds talks with IAEA over Iran sanctions

The visit is Foreign Minister Abbas Araghchi’s first to Qatar since Iran attacked US forces at the Al Udeid base.

Saudi companies signed agreements with Syria’s Ministry of Energy during the kingdom’s participation in the Damascus International Fair in Damascus, on Aug. 28, 2025.

ACWA Power, TAQA among Saudi firms backing Syria's energy comeback

Some 14 years of civil war have wiped at least $800 billion from the country’s gross domestic product, according to UN figures.