Saudi Arabia
Saudi’s US$1 trillion wealth fund weighs creating a logistics giant
This involves combining parts of its sprawling portfolio of ports, rail and shipping assets into a single entity
Saudi Arabia launched covert attacks on Iran as regional war widened: sources
Teheran was told of the strikes
Saudi crude exports to China set for record low in June amid high prices, sources say
Its state oil giant Aramco will ship about 10 million barrels to Chinese customers for the month
Saudi Aramco’s Q1 profit up 26% after Iran war-driven oil price rise
A key pipeline that connects its oil fields in the east to Yanbu port ‘has proven itself to be a critical supply artery’
Saudi wealth fund PIF opens Shanghai office to facilitate China dealmaking
The plans will deepen Riyadh’s ties with Beijing
Saudi Arabia cuts oil prices for June from record-high premium
Global benchmark Brent has increased by more than 50% since the conflict started at the end of February
Why the United Arab Emirates walked away from Opec
The economic logic of the decision is just as important as the political one
UAE’s Opec exit: Shockwaves will be felt beyond oil prices
Cartel crack-up reflects growing friction and regional rivalry between the Saudis and the Emiratis
Saudi economic growth slows as Iran war hits oil exports
In Q1 2026, its gross domestic product expands 2.8% year on year, against 5% in the previous quarter
Formula 1 CEO says rescheduling one Middle East race is an option
The cancellation of two of the season’s 24 races dealt a financial blow to the sport
