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2 mins read
Saudi Arabia parts ways with the CEO of Neom, its new desert megacity
Neom, Saudi Arabia's ambitious megacity project, is a key part of Vision 2030 but has cut back targ…
Pete Syme
4 mins read
Saudi Arabia's ruler used to be one of Trump's biggest fans. This time it's complicated.
The Middle East's in chaos, and Gulf state leaders may fear that Donald Trump will make it worse.
Tom Porter
2 mins read
Saudi Arabia is pulling back on a global spending spree to focus on its own projects
Saudi Arabia's Public Investment Fund chief said the kingdom is changing its relationship with fore…
Polly Thompson
2 mins read
Saudi Arabia is trying to build a mega-city in the desert. Now, Neom is dialing back plans for its first stage.
The authoritarian country is spending billions on international athletics, from Formula 1 to combat…
Shubhangi Goel
5 mins read
Saudi Arabia's futuristic city just faced another setback, but the country still has its eyes on being an AI leader
Saudi Arabia's ambitious plans for a futuristic city in the desert faced another setback. Meanwhile…
Dan DeFrancesco
3 mins read
How Saudi Arabia could create a crisis for Russia's economy
Saudi Arabia has signaled that is is ready to flood the market with oil if OPEC doesn't commit to c…
Filip De Mott
3 mins read
Iran is threatening to break its fragile truce with Saudi Arabia: reports
The fragile truce between rivals Iran and Saudi Arabia could unravel if Gulf states allow Israel to…
Tom Porter
3 mins read
Saudi Arabia spent years investing in global tech firms. Its domestic AI push hopes they'll return the favor.
The kingdom is looking to companies overseas to help it meet its AI ambitions at home after years o…
Hasan Chowdhury
5 mins read
Saudi Arabia is on a high-stakes mission to buy the world
The Kingdom's sovereign wealth fund has risen in prominence as it has invested in everything from U…
Hasan Chowdhury
3 mins read
Saudi Arabia just stepped up plans to court the world's AI leaders to its desert kingdom
The Middle East kingdom is betting big on AI as it races against the clock to diversify its economy…
Hasan Chowdhury
2 mins read
Russia's lucrative oil and oil industry is an easy target for Europe after Trump's election victory
The European Commission's president said the European Union could boost US liquified natural gas pu…
Huileng Tan
5 mins read
How Saudi Arabia's ruler used chaos in the Middle East to get what he wants from the US
Crown Prince Mohammed, far from being isolated by the US, has just secured an end to the four-year …
Tom Porter
2 mins read
Saudi Arabia may be forced to reassess megaprojects like Neom
Saudi's Vision 2030 plans feature several projects, including the futuristic megacity Neom and an e…
Beatrice Nolan
2 mins read
Saudi Arabia's Neom dreams collide with financial reality as budgets reportedly face big cuts
Neom is expected to get 20% less than its target funding for the year, with plans for an airline al…
Beatrice Nolan
2 mins read
Saudi Arabia to raise $12 billion by selling more shares in Saudi Aramco amid Neom struggles
The sale comes amid Saudi Crown Prince Mohammed bin Salman's Vision 2030 plan to diversify the king…
Polly Thompson
2 mins read
OPEC+ output witnesses biggest drop in six months, falling short of agreed cuts
In January, OPEC+ crude output witnessed a decline of 340,000 b/d, attributed partly to voluntary c…
ANI
4 mins read
Saudi Arabia is seeking billions in Chinese investment for Neom. But it comes with a massive risk.
Saudi Arabia is brokering closer ties with China. But the alliance is of growing concern to Saudi's…
Tom Porter
1 min read
Saudi Arabia is reportedly funding a Chinese startup that aims to take on OpenAI
A Saudi Arabian fund recently became the sole foreign investor in Zhipu AI, a Chinese startup that …
Beatrice Nolan
1 min read
Saudi Arabia is reportedly trying to plug a $21 billion deficit by selling bonds
Riyadh is pressing ahead with massive spending projects as part of its Vision 2030 economic transfo…
George Glover
3 mins read
Saudi Arabia's oil giant boss speaks up for China, saying its massive production of solar panels and EVs helps affordability
The comments come as the West has stepped up criticism of China's dumping of cheap green products o…