Saudi Arabia - AL-MONITOR: The Middle Eastʼs leading independent news source since 2012

Saudi Arabia cover image

Saudi Arabia

June 22, 2026

Riyadh 1:03 pm

43°C

French Trade & Invest Commissioner for United Arab Emirates and Middle East and Business France's regional director for the Middle East Axel Baroux. — Business France

Interview

Franco-Gulf investment holds firm despite Iran war, French official says

French investors are reallocating capital toward strategic sectors such as artificial intelligence and technology rather than pulling out of the region altogether.

Axel Baroux

France’s trade and investment commissioner for the UAE and Middle East

FAYEZ NURELDINE/AFP via Getty Images

Saudi Aramco's VC arm sees boom in emerging technologies, retail

Anas Alqahtani, CEO of Wa'ed Ventures, expects strong growth in Saudi Arabia’s emerging technology and retail sectors over the coming years.

Latest News

Who is Fahd Al-Dosari, Saudi Arabia’s new ambassador to Lebanon?

Lebanese Foreign Minister Youssef Rajji meets with Fahd bin Abdulrahman bin Hathloul Al-Dosari, the new Saudi ambassador to Lebanon, in Beirut on June 17, 2026.

Saudi Arabia's Riyadh Air wins US flight approval: What to know

A Boeing 787-9 Dreamliner aircraft of Saudi airline Riyadh Air is pictured on the tarmac at King Khalid International Airport in Riyadh on June 7, 2026.

Gulf cautiously welcomes US-Iran deal as Hezbollah congratulates Tehran

Veiled women in black Chadors wave Iran and Hezbollah flags during commemoration at the Iranian embassy in Beirut, Lebanon, on April 22, 2026.

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

Jack Dutton

Chief Business Correspondent

In Bristol, reporting on regional business, climate change, AI, tech

Francesco Schiavi

In Bologna, reporting on security, defense, economy, governance

Sabena Siddiqui

In Karachi, reporting on South Asia, Middle East, Iran

Vanessa Ghanem

In Dubai, reporting on business, energy and politics

A man sprays disinfectant to curb the spread of the coronavirus disease (COVID-19), inside Jaramana Palestinian refugee camp in Damascus, Syria April 1, 2020. Picture taken April 1, 2020. REUTERS/Omar Sanadiki - RC29WF9SNKKP

How the pandemic, plummeting oil prices could reshape Middle East

COVID-19 will weaken fragile states, raising risk of failure but creating openings for diplomacy.

Saudi Arabia to pay some private sector salaries amid coronavirus fallout

Riyadh has announced it will cover a portion of private sector salaries in the industries most impacted by the novel coronavirus pandemic.

A general view of Business Bay area, after a curfew was imposed to prevent the spread of the coronavirus disease (COVID-19), in Dubai, United Arab Emirates, March 28, 2020. REUTERS/Satish Kumar - RC2VSF94JGLQ

How COVID-19 will change GCC labor markets

A siren is blaring for local labor markets as the global pandemic and falling oil revenues begin to upend the Gulf states' economies.

Airstrikes on Yemen intensify, shatter hope for peace

The latest Saudi-led airstrikes against Houthi positions in the Yemeni capital Sanaa have ended all hopes for peace as the war-torn country braces for the coronavirus pandemic.

Russian President Vladimir Putin and Saudi Arabia's Crown Prince Mohammed bin Salman attend a meeting in Riyadh, Saudi Arabia, October 14, 2019. Sputnik/Alexei Nikolsky/Kremlin via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. - RC16798088B0

Intel: Russia rebuts Trump’s claim that Saudis agreed to oil compromise

President Donald Trump tweeted on Thursday that Russia and Saudi Arabia agreed to a compromise to end the ongoing oil price war after a discussion between President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman.

Saudi Arabia imposes 24-hour coronavirus curfew in Mecca, Medina

Saudi Arabia has shut down virtually all activity in Mecca and Medina as it fights the global pandemic, and authorities are urging Muslims around the world to delay making travel plans for the hajj this summer.

A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov - RC2QVF91B7M0

Saudis risk losing last Republican defenders with oil price war

The oil price war places the Saudis at risk of losing their previously stalwart defenders on Capitol Hill, the last line of defense against legislation targeting the kingdom.

Intel: Trump laments oil price war as Saudis lose key defenders in Congress

President Donald Trump on Tuesday bemoaned the oil price war between Saudi Arabia and Russia that has rattled energy markets and exacerbated coronavirus-related layoffs throughout the United States.

Can Russia, Saudi Arabia strike new OPEC+ deal with US help?

As the OPEC+ deal has expired, Russia and Saudi Arabia remain at odds, though the United States offered encouraging words that production cuts might be negotiated.

Hamas, Houthis hope for deal with Saudi Arabia

Yemen’s Iran-aligned Houthi group is suggesting the release of Saudi captives in exchange for the release of Palestinians detained in Saudi jails, an unprecedented proposal that was widely welcomed by the Palestinian Hamas movement.

COVID-19 menaces oil market

The novel coronavirus pandemic could have an even greater impact on the global oil glut than the Saudi-Russian showdown over prices and output.

A man carries a sack of wheat flour he received at a camp for people recently displaced by fighting in Yemen's northern province of al-Jawf between government forces and Houthis, in Marib, Yemen March 8, 2020. Picture taken March 8, 2020. REUTERS/Ali Owidha - RC29GF9R1PMN

US slashes millions in Yemen aid despite pandemic

As Yemen stares down a coronavirus crisis, the United States is set to slash $73 million in humanitarian assistance because of worsening Houthi aid restrictions.