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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   


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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   


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1 min read

The financial ties between China and Saudi Arabia keep getting deeper

China has has chosen Saudi Arabia as the site for its first US dollar bond sales in three years.

Filip De Mott   


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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   


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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   


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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   


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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   


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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   


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4 mins read

2 of the world's biggest oil producers are looking for new ways to power their economies

The US has witnessed a massive rise in oil production over the last 15 years amid the shale boom.

Huileng Tan   


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1 min read

China's weak economy and record US production will lead to a surplus of one million barrels of oil a day next year, IEA says

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 mil…

Jennifer Sor   


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3 mins read

India provided more climate finance in 2022 than many rich nations, noted recent report

India provided $1.287 billion in climate finance to other developing countries through MDBs in 2022…

PTI   


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3 mins read

Influencers and vloggers are showing off their lives in Saudi Arabia's Neom. It's falling flat.

Users mocked Saudi Arabia's still-developing Neom city after a vlogger showed off what it's like to…

Grace Eliza Goodwin   


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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   


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2 mins read

Saudi Arabia will reportedly give a select group of visitors a first glimpse of Neom, showing them Sindalah — a luxury island retreat in the Red Sea

Before the Future of Investment Initiative starts next week, Mohammed bin Salman has invited some o…

Nora Redmond   


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2 mins read

Saudi Arabia's Neom project devolved into a wrestling match between bosses, report says

A dispute between a Neom executive and construction manager degenerated into a physical brawl, acco…

Tom Porter   


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4 mins read

China released a blitz of stimulus measures to boost its economy. Now begins the balancing game.

China is a top-down system and officials will pull out the stops to make it into Xi's good books. I…

Huileng Tan   


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2 mins read

Saudi minister says crude prices could fall 33% if OPEC members don't stop pumping so much

Prince Abdulaziz bin Salman said OPEC members are ignoring their quotas.

Filip De Mott   


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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   


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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   


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5 mins read

The US economy teeters after it's hit by a triple threat: Middle East escalation, port closures, and Hurricane Helene

With Israel-Iran escalation, a port strike, and a hurricane, the US economy is balancing a fine lin…

Dan DeFrancesco