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Saudi Arabia

June 19, 2026

Riyadh 2:01 pm

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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

Tourists and locals visit the Dubai Mall aquarium in downtown Dubai, January 2, 2019.

What the Gulf states new unified visa means for Saudi, UAE, other citizens

The new Schengen-like visa — allowing seamless travel between members Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates — will be introduced during 2024-25.

TikTok

Saudi campaign to boycott TikTok spreads to private sector

Many Saudis are calling for a boycott of the popular social media platform over it allegedly removing pro-Saudi content.

AFP via Getty Images

Saudi Arabia’s PIF in talks to inject $250M into Chinese car maker

The kingdom is looking to develop its electric vehicle market as its economy diversifies away from oil.

Saudi energy minister Prince Abdulaziz bin Salman

Oil prices rise after Saudi Arabia, Russia extend output cuts

The Kingdom has maintained its oil output cut of 1 million barrels per day since July in an attempt to stabilize the market and prop up prices amid weakened demand.

US Secretary of Defense Lloyd Austin welcomes Saudi Defense Minister Khalid bin Salman to the Pentagon in Washington, DC, on November 1, 2023. (Photo by Mandel NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images)

Saudi defense chief concludes US trip, seeks security assurances as Gaza rages

Prince Khalid bin Salman’s preplanned trip included meetings with top US officials. Saudi Arabia is concerned that the war between Israel and Hamas could hurt its interests.

QatarEnergy

Saudi Aramco, QatarEnergy, UAE’s Emirates among Fortune Arabia top 10

The list of 500 companies from 22 Arab countries posted around $1.6 trillion in revenues in 2022, yielding a net profit of $343 billion.

Riyadh

Saudi Arabia's oil cuts weigh heavy on economy, GDP tanks by 4.5%

The kingdom's economy shrunk by the most since the COVID-19 pandemic in 2020 due to energy measures.

TABA, EGYPT: Beach resorts close to the Egyptian Taba Hilton (background-R) remain empty 11 October 2004, four days after three attacks targeted this well-known hotel in the Sinai peninsula next to the Israeli border and another two minor resorts, killing at least 32 people and causing the exodus of thousands of Israeli tourists from the area called the Egyptian Riviera. Israel's resort of Eilat, close to the border with Egypt, is set for a boom as thousands of Israelis who regularly holiday in Sinai look e

Tourism tipping point: Middle East travel boom delivering economic boost as Israel-Hamas war threatens recovery

The outbreak of fighting between Israel and Hamas in October 2023 has undercut a fledgling tourism rebound in the Holy Land after years of struggle.

Fans of Saudi Arabia pose with national flags on the stands ahead of the Qatar 2022 World Cup Group C football match between Saudi Arabia and Mexico at the Lusail Stadium in Lusail, north of Doha on Nov. 30, 2022.

Saudi Arabia set to host 2034 World Cup after Australia withdraws

The kingdom is heavily investing in soccer, golf, MMA and other sports across the world.

Saudi women

Saudi Arabia explores women’s buying power with 30% entering work force

To expand its own economy, Saudi Arabia is joining a global structural shift toward multiple-wage households as women move into more and more careers that used to be off-limits.

IAN TIMBERLAKE/AFP via Getty Images

Saudi Aramco, South Korea's Hyundai sign $2.4B contract to develop gas field

The contract was signed during South Korean President Yoon Suk Yeol’s visit to Saudi Arabia.

People attend the International E-Sport Gamers forum "Next World," Riyadh, Saudi Arabia, Sept. 7, 2022.

Saudi crown prince announces esports ‘world cup’

The move follows significant Saudi investment in both video games and traditional sports.