Saudi Arabia and the United Arab Emirates stepped up criticism of Iran’s attacks across the region, while they and other Gulf states coordinate to try to halt what they’ve called “treacherous” and “heinous” actions by Tehran.
Saudi Arabia and the United Arab Emirates stepped up criticism of Iran’s attacks across the region, while they and other Gulf states coordinate to try to halt what they’ve called “treacherous” and “heinous” actions by Tehran.
Smoke at Jebel Ali port after an Iranian missile attack in Dubai, on March 1. Photographer: Christopher Pike/Bloomberg
Saudi Arabia’s wealth fund has asked a top executive charged with helping drive local development to also oversee its investment strategy, a move that hints at a further pivot towards the domestic economy.
Saudi Arabia’s wealth fund has asked a top executive charged with helping drive local development to also oversee its investment strategy, a move that hints at a further pivot towards the domestic economy.
Attendees visit the Public Investment Fund (PIF) booth on day two of the Future Investment Initiative (FII) conference in Riyadh, Saudi Arabia, on Wednesday, Oct. 26, 2022. Saudi Arabia hopes the FII will put Riyadh on the map as a global destination for deals, while also improving domestic investment, which has been limited. Photographer: Tasneem Alsultan/Bloomberg
Several Saudi Arabian firms are pressing ahead with plans for local listings, testing investor appetite in Riyadh at a time when volatile oil prices and geopolitical risks have weighed on the benchmark index.
Several Saudi Arabian firms are pressing ahead with plans for local listings, testing investor appetite in Riyadh at a time when volatile oil prices and geopolitical risks have weighed on the benchmark index.
About a decade ago, Saudi Arabia picked a veteran banker to help set up a debt-market program that’s since transformed the kingdom into one of the most prolific bond issuers globally. His next task is to help Riyadh draw in overseas cash and triple annual foreign direct investment to $100 billion by 2030.
About a decade ago, Saudi Arabia picked a veteran banker to help set up a debt-market program that’s since transformed the kingdom into one of the most prolific bond issuers globally. His next task is to help Riyadh draw in overseas cash and triple annual foreign direct investment to $100 billion by 2030.
Fahad Al-Saif Photographer: Eva Marie Uzcategui/Bloomberg
Richard Attias & Associates, the organizer of Saudi Arabia’s Future Investment Initiative summit that attracts Wall Street titans to Riyadh every year, has tapped a roster of banks to work on its planned initial public offering.
Richard Attias & Associates, the organizer of Saudi Arabia’s Future Investment Initiative summit that attracts Wall Street titans to Riyadh every year, has tapped a roster of banks to work on its planned initial public offering.
Richard Attias Photographer: Dado Galdieri/Bloomberg
Saudi Arabia’s markets regulator is being urged to rethink its push to give local retail investors a larger share of initial public offerings, amid concerns the effort risks further weakening listing performance.
Saudi Arabia’s markets regulator is being urged to rethink its push to give local retail investors a larger share of initial public offerings, amid concerns the effort risks further weakening listing performance.
In a matter of months, Saudi Arabia has frozen rents, opened property ownership to foreigners, relaxed liquor laws and freed its stock market to investors everywhere.
In a matter of months, Saudi Arabia has frozen rents, opened property ownership to foreigners, relaxed liquor laws and freed its stock market to investors everywhere.
A little-known Abu Dhabi firm is raising capital for what’s set to be one of the Middle East’s largest private credit funds, aiming to fill financing gaps created by a credit squeeze in Saudi Arabia.
A little-known Abu Dhabi firm is raising capital for what’s set to be one of the Middle East’s largest private credit funds, aiming to fill financing gaps created by a credit squeeze in Saudi Arabia.
Saudi Arabian equities dropped the most in almost ten months on Sunday as a global metals selloff hit local miners and speculation intensified over the possibility of military attacks involving the US, Iran and Israel.
Saudi Arabian equities dropped the most in almost ten months on Sunday as a global metals selloff hit local miners and speculation intensified over the possibility of military attacks involving the US, Iran and Israel.
After telegraphing a more pragmatic stance on spending for months, Saudi Arabia is starting to make the tough decisions. In quick succession, the kingdom has ordered sweeping reviews at its most ambitious projects spread across Neom, Jeddah, and even Riyadh.
After telegraphing a more pragmatic stance on spending for months, Saudi Arabia is starting to make the tough decisions. In quick succession, the kingdom has ordered sweeping reviews at its most ambitious projects spread across Neom, Jeddah, and even Riyadh.
The planned Prince Mohammed Bin Salman Stadium in Qiddiya City, in the Tuwaiq Mountains, in Riyadh.
After telegraphing a more pragmatic stance on spending for months, Saudi Arabia is starting to make the tough decisions. In quick succession, the kingdom has ordered sweeping reviews at its most ambitious projects spread across Neom, Jeddah, and even Riyadh.
After telegraphing a more pragmatic stance on spending for months, Saudi Arabia is starting to make the tough decisions. In quick succession, the kingdom has ordered sweeping reviews at its most ambitious projects spread across Neom, Jeddah, and even Riyadh.
The planned Prince Mohammed Bin Salman Stadium in Qiddiya City, in the Tuwaiq Mountains, in Riyadh. Source: Populous
Middle East businesses are watching tensions between Saudi Arabia and the United Arab Emirates with increasing nervousness, concerned it could impact commerce at a time when both nations are emerging as powerhouses of regional trade and finance.
Middle East businesses are watching tensions between Saudi Arabia and the United Arab Emirates with increasing nervousness, concerned it could impact commerce at a time when both nations are emerging as powerhouses of regional trade and finance.
Damaged military vehicles following a Saudi-led coalition air strike in Mukalla, Yemen, in December.
Middle East businesses are watching tensions between Saudi Arabia and the United Arab Emirates with increasing nervousness, concerned it could impact commerce at a time when both nations are emerging as powerhouses of regional trade and finance.
Middle East businesses are watching tensions between Saudi Arabia and the United Arab Emirates with increasing nervousness, concerned it could impact commerce at a time when both nations are emerging as powerhouses of regional trade and finance.
Damaged military vehicles following a Saudi-led coalition air strike in Mukalla, Yemen, in December.
Middle East businesses are watching tensions between Saudi Arabia and the United Arab Emirates with increasing nervousness, concerned it could impact commerce at a time when both nations are emerging as powerhouses of regional trade and finance.
Middle East businesses are watching tensions between Saudi Arabia and the United Arab Emirates with increasing nervousness, concerned it could impact commerce at a time when both nations are emerging as powerhouses of regional trade and finance.
Damaged military vehicles following a Saudi-led coalition air strike in Mukalla, Yemen, in December.
Saudi Arabian developers’ shares jumped the most in four months as the kingdom began implementing new laws allowing foreigners to own a wider range of local real estate assets, including in the holy cities of Mecca and Madinah.
Saudi Arabian developers’ shares jumped the most in four months as the kingdom began implementing new laws allowing foreigners to own a wider range of local real estate assets, including in the holy cities of Mecca and Madinah.
Newly built homes, part of the National Housing Co. residential development at Khuzam, outside Riyadh, Saudi Arabia, on Monday, Oct. 27, 2025. The more than 100 billion riyal ($27 billion) Khuzam project is part of Crown Prince Mohammed bin Salman’s broader efforts to reshape the real estate market while attracting foreign investors and buyers to bolster the economy.
The Arab Energy Fund has received regulatory approval in China to raise up to 10 billion yuan ($1.4 billion) through yuan‑denominated bonds, paving the way for what could be among the largest panda bond programs from the Middle East.
The Arab Energy Fund has received regulatory approval in China to raise up to 10 billion yuan ($1.4 billion) through yuan‑denominated bonds, paving the way for what could be among the largest panda bond programs from the Middle East.
Saudi Arabian firm Jadwa Investment Co. is seeking to raise as much as $200 million for its flagship private credit fund as it attempts to tap into a rush of new deals arising from the need for alternative financing in the Gulf.
Saudi Arabian firm Jadwa Investment Co. is seeking to raise as much as $200 million for its flagship private credit fund as it attempts to tap into a rush of new deals arising from the need for alternative financing in the Gulf.
Residential and commercial buildings, viewed from the Kingdom Center, in Riyadh, Saudi Arabia, on Thursday, Jan. 19, 2023. Mostly shut off to foreign visitors for years, Crown Prince and de facto ruler Mohammed bin Salman has unveiled an ambitious push to use tourism as a way to help diversify the oil-dependent economy.