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Saudi Arabia

  • Sunday, 6 October, 2024
    Saudi tycoon plans comeback with world’s tallest tower

    Long-stalled project among a flurry of glitzy real estate deals designed to attract investors and tourists

    Saudi Prince Alwaleed bin Talal and others look at model of Jeddah Tower ahead of a press conference in 2017
  • Wednesday, 2 October, 2024
    Faisal bin Farhan Al Saud
    Saudi foreign minister: A two-state solution is more urgent than ever

    Uncontrolled escalatory cycles are the building blocks of wider war

    Palestinian children gather at a destroyed vehicle, amid the Israel-Hamas conflict, in Khan Younis in the southern Gaza Strip
  • Friday, 27 September, 2024
    FT News Briefing podcast12 min listen
    How extremist settlers in the West Bank became the law

    Mobilisation of violent settlers has intensified Palestinians’ fears of attacks and displacement

  • Thursday, 26 September, 2024
    Oil
    Saudi Arabia ready to abandon $100 crude target to take back market share

    Oil price falls as kingdom prepares to raise output from December

    A worker looks across a network of oil pipes
  • Monday, 16 September, 2024
    Exchange traded funds
    Hong Kong-focused ETFs set to list on Saudi exchange

    Planned listings follow 2023 launch of Hong Kong’s first Saudi equities ETF, which has attracted $1.25bn in assets

    Saudi traders follow shares on screen at the stock market trading room in Riyadh, Saudi Arabia
  • Thursday, 5 September, 2024
    Opec
    Opec delays production increases for two months

    Members of group were set to unwind voluntary cuts from October but prices remain close to lows this year

    An oil and gas industry worker at a drilling rig at the Zhetybay field in the Mangystau region, Kazakhstan
  • Thursday, 29 August, 2024
    ETF HubLatest news on ETFs
    Shenzhen and Dubai pledge to increase cross-border ETF investing

    Memorandum of understanding is latest evidence of growing financial ties between China and Middle East

    A trader at the Dubai Financial Market
  • Tuesday, 27 August, 2024
    Israel-Hamas war
    Saudi Arabia condemns Ben-Gvir’s stance over al-Aqsa compound

    Israel’s ultranationalist minister expresses support for idea of building synagogue on sensitive Jerusalem site

    Israel’s ultranationalist national security minister Itamar Ben-Gvir visits Jerusalem’s al-Aqsa mosque, known to Jews as Temple Mount, under police protection, in July
  • Tuesday, 20 August, 2024
    Public Investment Fund of Saudi Arabia
    Saudi wealth fund brings era of easy money to an end

    Once considered a cash cow by dealmakers, PIF has slowed spending on global investments, bankers say

    Mohammed Bin Salman, Riyadh skyline and logos of Softbank, Lucid Motors and BlackRock
  • Friday, 26 July, 2024
    UK defence industry
    Leonardo chief ‘open to’ Saudi role in fighter jet project if UK cuts support

    Roberto Cingolani says ‘fourth partner could be very convenient’ for Global Combat Air Programme

    Global Combat Air Programme fighter model on display at the Farnborough air show in England on July 22 2024
  • Wednesday, 24 July, 2024
    Turkish economy
    Turkey returns $5bn Saudi deposit in show of economic confidence

    Move underlines progress in country’s $1tn economy since pivot to more conventional monetary policy

    Mehmet Şimşek
  • Friday, 19 July, 2024
    Saudi Arabia rolls out red carpet for foreign filmmakers

    Riyadh builds studios and offers financial incentives in drive to develop lucrative creative sector

    Actor Gerard Butler on the set of Hollywood action movie ‘Kandahar’, filmed partly in the Saudi desert
  • Sunday, 7 July, 2024
    News in-depthStreaming services
    How Saudi Arabia’s MBC came to dominate Middle East streaming

    Wide range of Arabic-language shows and films helps media group compete with Netflix

    A poster for ‘One Wife is Not Enough’
  • Sunday, 23 June, 2024
    Middle Eastern politics & society
    Extreme heat at hajj pilgrimage blamed for 1,300 deaths

    Saudis say many fatalities were unauthorised pilgrims, as action promised against companies behind unofficial travel

    A pilgrim pours cold water on her head to cool off as she waits in Saudi Arabia’s holy city of Mecca
  • Monday, 17 June, 2024
    The Big Read
    How Saudi Arabia won back Biden

    The president came to office threatening to make the kingdom a pariah state. But in a volatile Middle East, their ties have become stronger than ever

    Montage of images Joe Biden and Prince Mohamed
  • Saturday, 8 June, 2024
    Saudi Aramco
    Saudi Aramco prices stock offer at low end of range in $11.2bn sale

    Oil company targets international investors as government raises funds

    General view of Saudi Aramco’s Shaybah oil field in the Empty Quarter, Saudi Arabia
  • Friday, 31 May, 2024
    Artificial intelligence
    Saudi fund invests in China effort to create rival to OpenAI

    Aramco’s Prosperity7 takes part in investment round for start-up Zhipu AI

    Zhipu AI logo and screen shot from site
  • Thursday, 30 May, 2024
    Saudi Aramco
    Saudi Arabia to sell $12bn worth of Saudi Aramco shares

    Offering in world’s largest oil exporter to be set in range of SR26.7-SR29 as kingdom seeks fresh capital

    Spheroids and pipelines at an oil processing plant
  • Sunday, 26 May, 2024
    US foreign policy
    US expected to lift ban on sale of offensive weapons to Saudi Arabia

    Move comes as Washington seeks to improve relations with Gulf state

    Saudi Crown Prince Mohammed bin Salman, right, bumps fists with US President Joe Biden
  • Sunday, 19 May, 2024
    Israel-Hamas war
    US urges political solution in Gaza in talks with Israel and Saudis

    Biden administration has grown increasingly frustrated with Netanyahu’s conduct of war

    Palestinians wait for aid trucks to cross in central Gaza Strip on Sunday
  • Saturday, 18 May, 2024
    News in-depth
    Fury versus Usyk: how Saudi Arabia found a sport where money talks

    Riyadh is hosting heavyweight boxing’s biggest fight in more than two decades

    Crown Prince Mohammed bin Salman flanked by Tyson Fury and Oleksandr Usyk
  • Tuesday, 14 May, 2024
    News in-depth
    Saudi Arabia scales back flagship projects

    The Line development cut back as Riyadh reconsiders priorities and how best to fund its myriad investments

    Visitors discover images and models of ’The Line’ project, during a new expo, for six months, in Riyad
  • Sunday, 12 May, 2024
    Consulting firms’ grip on Saudi economy sparks local misgivings

    Disgruntlement rises over role of outside experts in running the kingdom

    Logos of McKinsey, BCG and Bain
  • Tuesday, 7 May, 2024
    Saudi Aramco
    Saudi Aramco to increase dividends despite drop in profits

    Group plans to boost critical source of revenue to kingdom in spite of earnings miss

    View of Aramco’s oilfield in the Empty Quarter, Shaybah, Saudi Arabia
  • Tuesday, 30 April, 2024
    BlackRock Inc
    BlackRock to launch Saudi investment firm after $5bn deal with Riyadh

    Creation of subsidiary is US money manager’s latest move to build ties and win mandates in Middle East

    Yazeed Almubarak, Larry Fink, Yasir Al-Rumayyan and Yazeed Al-Humied posing for a photo
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