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Saudi Arabia

June 19, 2026

Riyadh 11:27 am

38°C

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.

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.

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.

Latest News

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.

Saudi Arabia lifts 5-year ban on Lebanon imports: What to know

Lebanese Prime Minister-designate Nawaf Salam (R) shakes hands with Saudi Arabia's Foreign Minister Faisal bin Farhan before their meeting in Beirut on Jan. 23, 2025.

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

An Iran Air Boeing 747 passenger plane sits on the tarmac of the domestic Mehrabad airport in the Iranian capital, Tehran, on Jan. 15, 2013.

Why has Iran Air abandoned plans to relaunch Saudi Arabia flights despite detente?

The Iran Air flights to Saudi Arabia were intended to transport pilgrims to Jeddah and were scheduled to take off from Tehran, Mashhad and Isfahan on Wednesday.

People attend the International E-Sport Gamers forum Next World in the Saudi capital, Riyadh, on Sept. 7, 2022.

Saudi PIF invested $31.6B in 2023, record in global sovereign wealth funds

The PIF is estimated to have nearly $800 billion in assets and wants to become the world’s largest sovereign wealth fund by 2030.

Wang Yi speaks during a UN Security Council meeting on the situation in the Middle East and the Israel-Hamas war at the United Nations headquarters on Nov. 29, 2023.

With confidence at all-time high, can China emerge as Mideast peace broker?

China is riding a wave of support since its Iran-Saudi agreement, but experts say the Palestinian-Israeli brokerage is a different matter.

An employee of the Saudi Arabian Mining Company (Ma’aden) is pictured in this undated image.

Saudi mining firm Ma’aden announces gold discovery

Saudi Arabia seeks to boost its mining sector, including via investment at home and abroad.

YASIN AKGUL/AFP via Getty Images

What does Saudi Arabia's CICA membership mean for its Asia pivot?

The kingdom’s achievement of observer status in the Conference on Interaction and Confidence Building Measures in Asia follows similar moves with the Shanghai Cooperation Organization and BRICS.

Ronald Al Nassr

Analysis

2023 in review: The year Saudi Arabia became sports superpower

The kingdom has been laying the groundwork to become a sporting leader for decades, but this year marked a turning point as investment ramped up.

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

Saudi Arabia’s ACWA Power signs $4B green hydrogen deal in Egypt

The second phase of the project could produce 2 million metric tons per year, the statement said, without providing details on the timeline.

A picture taken on November 23, 2016 shows smoke plumes rising behind a billboard at the Maaden Aluminium Factory in Ras Al-Khair Industrial area near Jubail City, 570 kms east of the Saudi capital Riyadh.

Middle East transparency on carbon emissions lags behind rest of world

Turkey and the UAE led the pack for most transparent countries in the region regarding greenhouse gas emissions.

United Arab Emirates

Saudi Arabia's Minister of Investment Khalid Al-Falih speaks on stage during the 2022 Concordia Annual Summit at the Sheraton Hotel, New York, Sept. 19, 2022.

China-Saudi Investment Conference begins in Beijing

China is Saudi Arabia’s largest trading partner and biggest customer of its primary commodity: crude oil.

A Saudi mine worker pours a stream of molten gold from the furnace into moulds to produce gold ingots during a press tour at the Al-Amar Gold Mine, 195kms southwest of the Saudi capital Riyadh, on May 28, 2008. Al-Amar is an underground mine which is designed to process ore at a rate of 200ktpa to produce gold which is then sold to third parties for toll smelting. Construction was completed during the half year period ended 30 June 2007 and the facility is currently undergoing commissioning and production b

Saudi Arabia promises 'game changing' Africa investments, with mining projects set to grow rapidly

Afshin Molavi

South African golfer Charl Schwartzel plays a last shot on the 18th hole during the third and final day of the LIV Golf Invitational Series event at The Centurion Club in St Albans, north of London, on June 11, 2022.

Analysis

What does Jon Rahm’s move to Saudi-funded LIV Golf mean for PGA Tour merger?

The star golfer’s move could spur the PGA Tour to move faster in the merger talks with its Saudi-backed rival ahead of the Dec. 31 deadline.

Adam Lucente

By Adam Lucente

In New York City, reporting on regional news, militancy, climate change

Saudi Arabia and Turkey's national flags flutter outside the presidential complex in Ankara prior to the arrival of the Saudi crown prince to Ankara, June 22, 2022.

With 32% trade boost, Turkey eyes Saudi investments amid domestic downturn

Trade between the two countries reached $5.86 billion in 2022, a 32.6% increase over the previous year.