Saudi Arabia
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
Saudi Arabia, Philippines to join JPMorgan emerging market bond index in 2027
The inclusion will cover Saudi riyal-denominated sovereign sukuk and Philippine peso-denominated government bonds
China’s Xi, in call with Saudi crown prince, calls for Strait of Hormuz to remain open
China is concerned over renewed instability around the strategic waterway
Saudi Arabia said to consider ending funding of LIV Golf
The league has struggled to generate returns, citing challenges with low attendance and poor television viewership
Saudi oil sales to China will halve as Hormuz crisis lifts prices
The cut follows the vital strait’s closure and upending of energy flows due to the Iran war
