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

Saudi Arabia cover image

Saudi Arabia

August 6, 2026

Riyadh 8:54 pm

39°C

Khaled ZIAD / AFP via Getty Images

Explainer

Iran-Oman deal spurs Hormuz hopes as Red Sea threats evolve

Iran has signaled that an agreement was reached with Oman establishing a Hormuz shipping route even as Houthi attacks in the Red Sea expand.

SAEED KHAN / AFP via Getty Images

Oil falls 5% after Trump calls off Iran strikes, says Hormuz deal agreed

Oil prices fell after President Donald Trump said on Sunday that he had suspended planned strikes on Iran following a request from Tehran and other Middle Eastern countries.

Sudan's de facto leader and armed forces chief Abdel Fattah al-Burhan greets supporters in Port Sudan, Dec. 29, 2024.

Analysis

Amid realignment with Egypt, Turkey steps up support for Sudan’s Burhan

Turkey has been intensifying engagement with the Sudanese army leader as Red Sea security concerns grow and to protect its interests in the broader Africa region.

Barin Kayaoglu

By Barin Kayaoglu

In Ankara, reporting on geopolitics and national security

Latest News

Analysis

How strike on Damietta port exposes Egypt's energy infrastructure risks

An Egyptian man looks at the Qatari Liquefied Natural Gas (LNG) carrier "Duhail" as its passes through the Suez Canal near the Egyptian port city of Ismailia on April 1, 2008. The vessel has a capacity of 210,100 cu.m making it one of the largest LNG carriers constructed to date. AFP PHOTO/STR (Photo credit should read -/AFP via Getty Images)

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Turkey, Pakistan among 14 countries backing Saudi Arabia's anti-Houthi Red Sea alliance

A Saudi navy ship is pictured docked at King Faisal navy base in Jeddah before the departure of a team to Port Sudan to help with the evacuation efforts of people fleeing Sudan, on April 29, 2023.

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 miner from Gold Fields South Africa company walks near the exit of the South Deep gold mine in Westonaria, Gauteng, on Oct. 12, 2022.

Saudi Arabia, UAE amp up Africa investments amid growing competition

Africa is seeing a major uptick in investments from the UAE, Qatar and Saudi Arabia, which presents the possibility of 'greater returns' for the Gulf states.

Attendees wearing traditional dress arrive at the Grand Palais Ephemere for the Riyadh 2030 reception event to promote Riyadh's candidacy for 2030 World Expo, in Paris on June 19, 2023. (Photo by Ludovic MARIN / AFP) (Photo by LUDOVIC MARIN/AFP via Getty Images)

Growing Middle East economic and investment cooperation caught between tailwinds and headwinds

Matthew Stockman/Getty Images

Saudi private equity investment peaked at $4B in 2023 amid rising buyouts

The kingdom's deep-pocketed sovereign wealth fund was involved in the top three private equity transactions between 2019 and 2023.

Rumy al-Qahtani, a 27-year-old Saudi model and social media influencer, will take part in the global beauty pageant, which takes place in Mexico in September.

Culture

Saudi Arabia to make debut at Miss Universe pageant

The move is a historic first for Saudi Arabia, where women have long faced restrictions under conservative Islamic laws.

MOHAMMED HUWAIS/AFP via Getty Images

Houthis warn Saudi Arabia 'would be a target' if it backs US-UK strikes

The Houthi warning comes amid increased attacks against vessels in the Red Sea claimed by the Iran-backed group in support of Palestinians in the Gaza Strip.

India's President Ram Nath Kovind (C) looks on as Saudi Crown Prince Mohammed bin Salman (L) and India's Prime Minister Narendra Modi shake hands during a ceremonial reception at the presidential palace in New Delhi on Feb. 20, 2019.

As it looks East, Saudi Arabia strikes delicate balance between India, Pakistan

"Shared strategic interests" with India and Pakistan motivate Saudi Arabia to maintain diplomatic relations with both countries.

A picture taken on March 31, 2018 shows a Saudi man standing at the entrance of a tomb at Madain Saleh, a UNESCO World Heritage site, near Saudi Arabia's northwestern town of al-Ula. - Al-Ula, an area rich in archaeological remnants, is seen as a jewel in the crown of future Saudi attractions as the austere kingdom prepares to issue tourist visas for the first time -- opening up one of the last frontiers of global tourism. Saudi Crown Prince Mohammed bin Salman is set to sign a landmark agreement with Paris

Saudi tourism blitz accelerates as Riyadh hopes investors buy the hype

Samuel Wendel

In Washington, DC, reporting on regional business and tech

Graphic of a planned roller coaster, Extraordinary Shenron, at the Dragon Ball Z theme park.

What's behind Saudi Arabia's decision to host first-ever 'Dragon Ball' theme park

The announcement of the park based on the popular Japanese anime show follows the kingdom’s developments in video games and mixed martial arts.

A general view of processing facilities at the Tenke Fungurume Mine, one of the largest copper and cobalt mines and the subject of a dispute between Congolese authorities and the Chinese firm CMOC, southeastern Democratic Republic of Congo, on June 17, 2023.

UAE eyes Zambia mine as minerals race heats up against Saudi Arabia, China

Wealthy Gulf countries are racing against China, Europe and the United States for minerals critical to powering the global green transition.

United Arab Emirates

Guests attend the Global AI 2020 Summit in the Saudi capital, Riyadh, on Oct. 21, 2020.

With $40B fund, Saudi Arabia looks to become world leader in AI

The fund would make the Gulf state the world’s largest investor in AI and help the kingdom realize its Vision 2030 agenda to diversify the economy away from oil.

Saudi Mining and Industry Minister Bandar Al-Khorayef addresses the Future Mineral Forum in Riyadh on Jan. 10, 2024.

Saudi Arabia offers $182M package, other incentives for mining investors

The kingdom is prioritizing the lucrative sector as part of its ambitious Vision 2030 plan to diversify its economy away from a reliance on oil.

Saudi fighter jets are displayed during Saudi Arabias first World Defense Show, north of the capital Riyadh, on March 6, 2022. (Photo by Fayez Nureldine / AFP) (Photo by FAYEZ NURELDINE/AFP via Getty Images)

Saudi Arabia, Qatar, Egypt among world's top arms importers: SIPRI

Concerns about Iran drove Gulf states’ weapons imports, while imports by Morocco and Algeria fell in the past four years, according to the Stockholm International Peace Research Institute.