British sustainable fuel startup eyes Middle Eastern market

OXCCU looks to lower the cost of sustainable aviation fuel to make it a more attractive option for airlines to buy instead of fossil fuels.

Legacy: Gulf

Top Saudi officials travel to China to attend 'Summer Davos' as ties deepen

The kingdom’s economy minister and other top officials will participate in the so-called Summer Davos as China-Saudi ties continue to gain momentum.

Legacy: Gulf

Analysis

More Middle East aircraft orders expected after quiet Paris Air Show

The IBA industry consultancy firm had expected an order from Turkish Airlines, but the carrier delayed its plans at the last minute by two months.

By Jack Dutton

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

Saudi Crown Prince MBS meets Egypt's Sisi in France

Egypt has looked to Saudi Arabia for help during its ongoing economic crisis.

Egypt

Oman seizes 6 million pills in Captagon bust with Saudi Arabia

A video shared by the Royal Oman Police shows agents unloading what appears to be white cardboard boxes filled with bags of Captagon tablets encased in moss-colored bricks.

Oman

The Middle East joins the global supercomputer competition

While most of the Middle East is not competing in the supercomputing race, Israel is one of a handful of countries that include Saudi Arabia and the UAE that have the high-tech aspirations, financial resources and local talent to be players

David Rosenberg

In Tel Aviv, reporting on business and tech

Iran's FM visits Kuwait, then UAE in latest Gulf charm offensive

Iran's Foreign Minister Hossein Amir-Abdollahian arrived in Oman on Tuesday to meet with Foreign Minister Sayyid Badr Albusaidi as part of his Gulf tour that began in Doha.

United Arab Emirates

Analysis

Saudi-France business ties flourish as Macron woos MBS

Trade between the two countries came to $12 billion in 2022, a growth of 47% compared with 2021.

By Jack Dutton

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

N’golo Kante transfers to Saudi’s Al-Ittihad, soccer club confirms

The 32-year-old Frenchman’s contract at Stamford Bridge expires at the end of June and he will join the Saudi side after on a three-year contract.

Saudi Arabia

Analysis

Saudi-Iran detente offers dubious economic benefits, say analysts

Saudi Investment Minister Khalid al-Fatih spoke brightly this week about the economic potential of the China-brokered agreement, but experts who spoke to Al-Monitor are more skeptical.

By Jack Dutton

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

Economic arsenals: the Middle East’s rise as a global defense industry hub

The Mideast's defense market is evolving, motivated by a desire to secure greater self-sufficiency and national sovereignty.

US Justice Department investigating Saudi LIV Golf-PGA Tour merger: reports

The revelation follows action taken by some members of Congress in response to the Saudi sovereign wealth fund-backed golf league’s deal with the US-based PGA Tour.

Legacy: Gulf