Newsletter: Gulf Gulf defense giants head to Europe As Gulf states recalibrate after months of conflict with Iran, defense priorities are shifting from emergency procurement to long-term industrial partnerships. By Francesco Schiavi In Bologna, reporting on security, defense, economy, governance
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. Saudi Arabia
Newsletter: City Pulse Riyadh Saudi contemporary art lands at Art Basel Also this week: Charcoal grills, contemporary art and pilgrimage trails. By Rebecca Anne Proctor In Dubai, reporting on culture
Who is Fahd Al-Dosari, Saudi Arabia’s new ambassador to Lebanon? Ambassador Fahd bin Abdulrahman bin Hathloul Al-Dosari, a seasoned diplomat, arrives in Beirut as Saudi Arabia seeks to strengthen its ties with Lebanon. Lebanon
Newsletter: Daily Briefing Iran says no final decision yet on deal By Ezgi Akin In Ankara, reporting on diplomacy, EU-Turkey ties, NATO
Middle East startups see funding fall by 34% in first half of 2024 Although startup funding levels have plateaued globally, MENA reported an increase in early-stage rounds and investor participation. United Arab Emirates
Saudi's latest drug bust: thousands of narcotics tablets, 760 pounds of qat Saudi Arabia is a major destination for the amphetamine Captagon, though seizures have decreased recently due to more enforcement in transit countries like Jordan, according to a recent report. Saudi Arabia
Culture Saudi Arabia's soccer dreams tested as Vision 2030 goal posts move 2023 saw Saudi Arabia take the world of soccer by storm with record-breaking spending on new stars, but those hoping for a repeat performance in 2024 have so far been left disappointed. Saudi Arabia
In navigating return of Taliban, will Saudi reopen embassy in Afghanistan? If the reported push to reopen materializes, it could help provide some legitimacy to the Taliban government. Saudi Arabia
What’s behind Saudi Public Investment Fund’s $17.2B profit? The sovereign wealth fund’s turnaround following the loss in 2022 is due in large part to the stock market rebounding. Saudi Arabia
Saudi defense chief in Turkey, meets Erdogan as drone sales grow Turkey and Saudi Arabia signed a major drone deal last year in one of several recent demonstrations of strengthening defense cooperation between the two countries. Saudi Arabia
Is Saudi Arabia’s $100B foreign investment drive starting to yield results? Samuel Wendel In Washington, DC, reporting on regional business and tech
Trump Tower deal announced in Jeddah as Saudi business ties grow The Trump Organization recently unveiled a development in Oman, while Trump’s golf course is again hosting the Saudi-backed LIV Golf this year. Saudi Arabia
Kuwait doubles down on Saudi ties driven by economics, counter-Islamism Kuwait's newly appointed crown prince, Sheikh Sabah Khalid Al Sabah, is expected to advance the already good ties between his country and Saudi Arabia, as the two seek to further their economic prosperity. Kuwait
Iran claims Saudi Arabia won't let Iranian pilgrims vote Iranian worshippers resumed Umrah pilgrimages to holy sites in Saudi Arabia in April after the two countries resumed relations last year. Iran
Saudi defense chief in China in bid for help with Houthis, boost military ties China was a major participant in the World Defense Show in Riyadh earlier this year, and Saudi Arabia signed $4 billion in arms deals with the People’s Republic in 2022. Saudi Arabia