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
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
Newsletter: Daily Briefing Iran says no final decision yet on deal By Ezgi Akin In Ankara, reporting on diplomacy, EU-Turkey ties, NATO
Brazil set to capitalize on Saudi-UAE competition as investments take shape South America’s largest economy has been actively engaging with the UAE and Saudi Arabia under newly reelected President Luiz Inácio Lula da Silva. Samuel Wendel In Washington, DC, reporting on regional business and tech
Saudi sovereign wealth fund invests in US mixed martial arts league The new area of sports investment follows major Saudi investments in golf and soccer. Legacy: Gulf
Israel’s Netanyahu thanks Saudi Arabia for plane landing amid normalization push A plane carrying Israelis made an emergency landing in Saudi Arabia. The United States has been pushing for normalization between the two countries, but the kingdom remains publicly committed to Palestinian statehood as a pre-condition. Israel
Saudi Arabia’s foreign reserves shrink by $16B in July amid oil cuts The kingdom’s net foreign assets declined to 1.53 trillion riyals ($407 billion), according to the central bank’s monthly report published on Monday. Saudi Arabia
Saudi Arabia’s ADES to launch IPO ADES rebooted its plans for an initial public offering, having delayed it earlier in the year after the kingdom’s stock exchange experienced difficulties. Legacy: Gulf
Turkey, Saudi Arabia ink critical mineral cooperation deal Green energy investments will have an important share in cooperation between Turkey and Saudi Arabia, said the Turkish energy minister. Turkey
Analysis Tadawul posts losses but Saudi markets remain fundamentally strong 'A bit of a correction' sheds some prior gains on the Saudi stock index, but professionals see reasons to keep investing in the kingdom. By Harry Clynch In London, reporting on Middle East economics
Middle East offers strong market for AI content dubbing The region is ripe for translated content as Arabic is widely spoken and there is a strong appetite for digital media due to a young population. Saudi Arabia
Analysis US-Saudi nuclear cooperation makes sense because of China, not just Israel The Biden administration plays the long game with China in the Middle East; prospects for a GCC gas grid; Hydrogen race is on in the Gulf. By Week in Review , Andrew Parasiliti
Saudi Arabia mulls Chinese bid to build nuclear plant The news will irk Washington, which wants Riyadh to not be able to develop nuclear weapons. Saudi Arabia
Saudi Arabia's SRMG invests in music streamer Anghami, Spotify’s Middle East rival Beirut-founded Anghami is the most popular music streaming platform in the MENA region, with 120 million registered users, up from 75 million in 2021. Saudi Arabia
BRICS summit: which Middle East states could join powerful bloc? China and Russia are seeking to expand the group and their global influence, and several MENA countries are in line to apply. Saudi Arabia