Netflix in crosshairs as Middle East streaming competition mounts Samuel Wendel In Washington, DC, reporting on regional business and tech
Interview Nomo Bank sees increasing appetite for Islamic investments, ETFs Paul Szumilewicz, chief revenue officer at UK-based Nomo Bank, said there is a growing demand from the bank’s clients to invest in exchange-traded funds (ETFs) — a pre-defined group of bonds, stocks or commodities poured into a fund and listed on the stock exchange. With Paul Szumilewicz Nomo Bank Chief Revenue Officer
Analysis Will Saudis’ $1.5B cash infusion help Lucid compete with Tesla? The Saudi-backed electric vehicle maker Lucid has never been profitable, but the kingdom remains strategically committed to it amid the growing EV market in the Gulf. By Adam Lucente , Jack Dutton
Analysis What to expect as Russia's oil and gas woes impact Middle East As Iran's expected retaliation against Israel threatens to upset geopolitical dynamics, Russian gasoline export restrictions are placing pressure on global oil and gas markets from another angle. By Paul J. Saunders In Washington, DC, reporting on Russia in the Middle East
Analysis Saudi Arabia lures in Turkey’s defense giants as its military industry grows By Francesco Schiavi In Bologna, reporting on security, defense, economy, governance
Saudi employment numbers improve Unemployment in Saudi Arabia is higher than in other Gulf states, but the labor market is showing signs of strength in other areas. Saudi Arabia
Saudi Arabia partners with Senegal on railway, desalination plant The UAE, Israel and Turkey have also upped their engagement with African states in recent years. Saudi Arabia
Elon Musk to send Saudis to space, internet to Iran The eccentric billionaire has said he'll ask for an exemption to US sanctions on Iran to provide Spacelink internet access to the country. Gulf
NEOM’s ambitious concept-to-project transition presents funding, feasibility challenges Robert Mogielnicki
Saudi crown prince unveils national strategy for esports, video games Investment in video games is officially forming part of Saudi Arabia’s Vision 2030 initiative for economic diversification. Saudi Arabia
Saudi Arabia plans new AI center The agreement between the Saudi Authority for Data and Artificial Intelligence and King Abdullah University was made on the sidelines of an artificial intelligence summit in Riyadh. Saudi Arabia
Yemeni man arrested for dedicating pilgrimage to Queen Elizabeth Saudi authorities said the Yemeni man seen in a video dedicating his umrah to the English queen was arrested simply for bringing a banner to a holy site. Gulf
Saudi GDP quarterly growth rate reaches 10-year high Saudi Arabia is investing in several sectors in its bid to diversify the economy, but oil remains a major driver of growth. Saudi Arabia
Oil prices fall following Saudi-backed OPEC+ production cut The decrease in production could be a message from Saudi Arabia to the US over the Iran nuclear deal. Gulf
Gulf states warn Netflix over content that 'contradicts Islamic values' The controversy follows some Gulf states cracking down on rainbow colors due to their resemblance to the LGBTQ pride flag, though the Gulf Cooperation Council did not mention what exactly the issue is with Netflix. Gulf
Saudi firm Alfanar to build green hydrogen plant in Egypt Saudi Arabia is helping Egypt boost its renewable energy capabilities. Egypt
Saudi-India economic ties grow closer with mining agreement Saudi Arabia is seeking to boost its mining sector, and India is a natural partner in this endeavor. Gulf