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 Arabia to impose travel ban for visits to 'red list' countries Citizens who travel to countries including the UAE, Indonesia and Turkey are at risk of penalties including a three-year ban on travel. Saudi Arabia
Saudi Arabia’s Prince Khalid describes 'great' meeting with Blinken Saudi Arabia’s deputy defense minister, Prince Khalid bin Salman, is the most senior Saudi official to visit Washington under the Biden administration. Saudi Arabia
Iran reports progress in talks with Saudi Arabia Iranian government spokesman Ali Rabiei said talks between the two regional powers will continue. Iran
Saudi Arabia plans second national airline in tourism push The additional airline would help position the Gulf state as a global logistics hub, Crown Prince Mohammed Bin Salman said. Saudi Arabia
The Takeaway: Pragmatism is the new watchword in US-Turkey relations Plus: A fresh start for Israel; Iran’s hard-line front-runner on the issues; Egypt’s faltering Palestinian mediation; Saudi-Syria talks; Golani’s makeover. Turkey
The Takeaway: US ties with Egypt loom large again Picking up the pieces in Gaza; the uneasy, uncertain peace between Israel and Hamas; PLO and Hamas still can’t find common ground; Russia on the diplomatic sidelines; desert kingdom looks to build forest; and more! Egypt
Vaccinated Saudis free to travel abroad as ban lifted Saudi Arabia on Monday rolled back an international travel ban that has remained in place since March 2020. Saudi Arabia
Iran confirms talks with rival Saudi Arabia Iranian Foreign Ministry spokesperson Saeed Khatibzadeh said the Iraq-mediated talks focused on bilateral and regional issues. Saudi Arabia
Erdogan’s reset with Egypt and the Gulf won’t be smooth The Turkish president wants a change in relations, but his efforts are seen as the result of a failed regional strategy and poor ties with the Biden administration. Turkey
Saudi Arabia to require all workers get vaccinated Workers in both the private and public sector must receive the vaccine before returning to their workplaces, according to the Saudi Ministry of Human Resources and Development. Saudi Arabia
Saudi Arabia’s intelligence chief meets with Syrian counterpart in Damascus The meeting takes place during the first official visit to Damascus by Saudi Arabia since 2012. Saudi Arabia
Saudi Arabia to lift international travel ban on vaccinated citizens Beginning May 17, Saudi citizens who have received the vaccine or have recovered from the virus in the last six months will be allowed to travel abroad. Saudi Arabia