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Explainer

Saudi investors could emerge as key winners from SpaceX’s historic IPO

The headquarters of SpaceX in Hawthorne, California, with a Falcon 9 booster in March 2024.

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

David Rosenberg

In Tel Aviv, reporting on business and tech

Participants visit the Token 2049 crypto conference in Dubai on May 1, 2025.

Crypto crash collides with UAE’s big bet on digital assets

After hitting record highs in 2025, Bitcoin’s sell-off is roiling global markets and making waves in the UAE.

United Arab Emirates

Advertisement boards on main road of the city Sheikh Zayed Road.

UAE launches sovereign open-source AI model K2 Think: What to know

The Gulf state is one of the few countries in the world developing its own sovereign open-source AI model to counter the dominance of the United States and China in the sector.

United Arab Emirates

An undated image of Wassim Chourbaji, Qualcomm's president for the Middle East & Africa.

Interview

Qualcomm sees growing demand for edge AI in the Middle East

The Middle East's young population is increasingly adopting AI through mobile devices rather than data center-based solutions, Wassim Chourbaji, Qualcomm's president for the Middle East and Africa, told Al-Monitor.

Wassim Chourbaji

Wassim Chourbaji

Qualcomm president for the Middle East & Africa

ATTA KENARE / AFP via Getty Images

Iran's internet blackout enters third week as filtered access flickers back

The internet monitoring group NetBlocks reports that messaging apps and virtual private networks have become more widely available, but overall international connectivity remains extremely low and online propaganda is rising.

Flag of Iran on a computer binary codes falling from the top and fading away.

Iran’s internet crackdown intensifies as Trump eyes Starlink: What to know

Iran has largely gone offline since protests over economic woes escalated into broader demonstrations against the government, with the Trump administration signaling restoring internet access could be a priority.

The close-up of a phone tapping a POS at the coffee shop highlights the ease of contactless transactions.

Saudi Arabia, UAE accelerate cashless payment push in 2026: What to know

Dubai is targeting 90% cashless transactions by the end of 2026, while Saudi Arabia is now set to enforce an e-payments rule for domestic workers.

Lay Ren

Interview

Youth, strong AI adoption make MENA leading region for smartphones: OPPO

The Chinese mobile phone manufacturer's Lay Ren, who heads up the company's business in the Middle East and North Africa regions, said the Gulf is the epicenter of regional growth but stressed that North Africa is poised to follow.

Lay Ren

Lay Ren

President of OPPO MENA

Guests stand at the booth of Saudi AI company Humain during the Future Investment Initiative conference in Riyadh on Oct. 29, 2025.

Analysis

Middle East adapts to Trump’s tech agenda as Gulf AI gamble grows in 2025

This year saw a wave of dealmaking across data centers, chips, critical minerals and AI collaboration as Saudi Arabia, Qatar and the UAE eagerly aligned with President Trump’s tech agenda amid sharp swings in US foreign policy.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

RICCARDO MILANI/Hans Lucas/AFP via Getty Images

UAE AI investor MGX moves closer to strategic stake in TikTok US

The state-linked Emirati investment firm is set to acquire a 15% stake in the social media platform's new US business as part of a plan that would avert a nationwide ban starting in 2026.

United Arab Emirates