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A model of IBM Quantum shows the three chandeliers that would be a part of the System Two installation, the System One comprises of one such chandelier, seen during the inauguration of Europe's first IBM Quantum Data Center, on Oct. 1, 2024, in Ehningen, Germany.

Saudi Arabia deploys region’s first industrial quantum computer: What to know

The announcement significantly boosts Saudi Arabia’s Vision 2030 strategy to diversify the economy away from oil by the end of the decade.

A view of Al Majdoul, a skyscraper in Riyadh, Aug. 1, 2023.

Feature

Saudi Arabia leans on AI for real estate growth as gigaprojects slow

The kingdom is increasingly announcing projects merging AI and real estate to cut costs while building smarter, data-driven, and more sustainable infrastructure.

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

MOHAMED AFRAH/AFP via Getty Images

Trump Org, Saudi partner Dar Global launch crypto scheme for Maldives resort

The deal marks a notable fusion of the Trump family’s traditional real estate business and its expanding foothold in the crypto world, and arrives a day before Saudi Arabia's Crown Prince arrives in Washington.

Latest News

Analysis

Deals and data: Saudi Crown Prince brings growing AI ambitions on US visit

US President Donald Trump meets with Saudi Crown Prince Mohammed bin Salman during a “coffee ceremony” at the Saudi Royal Court on May 13, 2025, in Riyadh, Saudi Arabia.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

UAE deals with Anduril, Palantir deepen US tech footprint in Gulf defense

A drone is seen during the opening ceremony of the Milipol, the international exhibition of homeland security, at the Doha Exhibition and Convention Center, in Doha, on Oct. 31, 2016.

United Arab Emirates

Meet the Silicon Valley-linked AI startup targeting Gulf’s costly inefficiencies

Bilal Abu-Ghazaleh, founder of 1001 AI.

United Arab Emirates

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

Egypt finance

Egypt venture capital funding tops $500M in 2022: Report

Egypt led the Middle East and North Africa in the number of venture capital deals last year, according to a report by MAGNiTT. Egypt’s overall economy continues to struggle.

Israeli protesters hold placards reading in Hebrew "Israeli students fighting for democracy"(L) and "There is no academy as tool of democracy(R) during a demonstration against controversial government plans to give lawmakers more control of the judicial system, in Tel Aviv on January 26, 2023. - Prime Minister Benjamin Netanyahu and his allies, who have formed the most right-wing government in Israel's history, say the reforms are necessary to correct an imbalance that has given judges too much power over e

Pressure from business, tech sectors likely to push Israel's government to compromise on judicial reforms

Pro: A proposal by Israel's new Netanyahu-led government to overhaul the judiciary risks harming the Israeli business environment. Here's what is at stake.

David Rosenberg

David Rosenberg

In Tel Aviv, reporting on business and tech

Kraken

Cryptocurrency exchange Kraken closes Abu Dhabi office

Emirati officials are still bullish about the future of cryptocurrency, but the crash in the market has hit the UAE hard.

ERIC PIERMONT/AFP via Getty Images

Saudi Arabia announces vertical farming venture with US AeroFarms

Vertical farming is on the rise in Saudi Arabia and the United Arab Emirates.

High-tech company workers block a road and hold signs as they strike for an hour to protest the Israeli government's controversial plans to overhaul the judicial system, Tel Aviv, Israel, Jan. 24, 2023.

Israeli tech sector has big problem with Netanyahu’s judicial reform

It is not only political activists who are demonstrating against the judicial overhaul pushed by the Netanyahu government — high-tech companies and people have also joined the protest movement.

Participants attend a session of the Abu Dhabi Space Debate, a two-day conference organised by the UAE Space Agency for stakeholders of the space sector, in the Emirati capital, on December 5, 2022. (Photo by Mumen KHATIB / AFP) (Photo by MUMEN KHATIB/AFP via Getty Images)

From spaceports to startups, Gulf countries race to boost space sector

As the global space race accelerates, the Middle East is becoming a rising hub of activity with ample opportunities to carve out an impactful role in the space economy. (PRO subscribers only, access with free trial)

Samuel Wendel

In Washington, DC, reporting on regional business and tech

FABRICE COFFRINI/AFP via Getty Images

UAE defends crypto push at World Economic Forum amid FTX fallout

Emirati Minister Omar Sultan Al Olama discussed Samuel Bankman-Fried’s infamous trip to Dubai, cryptocurrency regulation, decentralized finance and more in Davos.

This photo taken on August 4, 2020 shows Prince, a member of the hacking group Red Hacker Alliance who refused to give his real name, using a website that monitors global cyberattacks on his computer at their office in Dongguan, China's southern Guangdong province. (Photo by NICOLAS ASFOURI/AFP via Getty Images)

China hackers found to have compromised Iran entities for months

A Chinese hacking group targeted multiple Iranian government bodies in 2022 using advanced malware, according to an industry report.

HALLDOR KOLBEINS/AFP via Getty Images

UAE to store carbon dioxide in rocks

The carbon mineralization project is part of the Abu Dhabi National Oil Company's $15 billion investment in decarbonization initiatives.

A picture taken on July 14, 2022, ahead of a visit by the United States' president to Saudi Arabia, shows hostesses in a car manufactured by US electric vehicle maker Lucid Group at the KSA Green Transition Journey exhibition in the Red Sea port of Jeddah. - A exhibiton offered a presentation on the Saudi Green Initiative, which also includes goals for tree-planting and reducing emissions. (Photo by Amer HILABI / AFP) (Photo by AMER HILABI/AFP via Getty Images)

Electric vehicle manufacturing competition revving up in Middle East

2023 is expected to be a big year for electric vehicle production in the Middle East. Here's what to expect. (access with free trial)

Samuel Wendel

In Washington, DC, reporting on regional business and tech

KHALED DESOUKI/AFP via Getty Images

Uber Travel now available in Saudi Arabia, UAE, Egypt

The American ride-hailing giant faces significant competition in the Middle East and North Africa, but continues to expand in the region.

Singapore lab meat

Israeli company to work on 3D printed eel with Singapore

Singapore is the only country in the world that allows the sale of so-called lab meat, and Israel has a growing lab meat sector.