Saudi Arabia | Financial Times
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August 28 2023
Aerospace & Defence
UK fighter jet alliance on course for 2035 deadline despite Saudi overture
Riyadh’s request to join trilateral project will not hold up development of next-generation aircraft, BAE executive says
August 27 2023
Airlines
‘Super aggressive’ Riyadh Air to focus expansion on Saudi market
Chief executive says airline will avoid head-to-head clash with Gulf neighbours’ hubs
August 26 2023
Saudi Arabia weighs nuclear power offers from China and France in bid to sway US
Kingdom has made such technology a key demand in talks with Washington over sensitive security pact
August 25 2023
The Top Line
Josh Noble
Saudi Arabia’s football spending spree is a gift to Fifa
Move to build new superclubs in the Gulf gives revamped tournament much-needed spice
August 24 2023
Emerging markets
Brics leaders invite 6 nations including Saudis and Iran to join bloc
South African president Cyril Ramaphosa says countries will be admitted next year in ‘first phase of expansion process’
August 23 2023
The rise of the middle powers
‘Bridges with everyone’: how Saudi Arabia and UAE are positioning themselves for power
Confident oil-rich Gulf states are forging new alliances in Asia and redefining their longstanding relationship with the US
August 22 2023
Accountancy
Saudi Arabia consulting boom bolsters PwC’s UK partner pay
State-backed Middle East clients drive up Big Four firm’s regional revenues by 40%
August 21 2023
Saudi forces accused of killing hundreds of Ethiopian migrants
Human rights group says border guards at frontier with Yemen opened fire on unarmed civilians
August 16 2023
Saudi Arabia cuts holdings of US Treasuries to 6-year low
Kingdom’s position in US government bonds falls by $3.2bn in June to $108bn
August 15 2023
ETF Hub
Latest news on ETFs
Barrick chief slams ‘myopic’ western funds for focusing on quick returns
Mark Bristow praises Saudi Arabia for showing interest in Pakistan copper and gold mine in province riven by violence
August 14 2023
News in-depth
Artificial intelligence
Saudi Arabia and UAE race to buy Nvidia chips to power AI ambitions
Gulf nations acquire thousands of GPUs amid global shortage of semiconductors needed to build large language models
August 13 2023
Middle Eastern politics & society
Saudi Arabia appoints first envoy to Palestinians
Move comes as US attempts to broker deal to normalise relations between Riyadh and Israel
August 9 2023
Middle Eastern politics & society
Biden makes his big Middle East push: a Saudi-Israel pact
The US plan to normalise the countries’ relations would remake the region but faces big obstacles
August 6 2023
War in Ukraine
Ukraine allies buoyed by ‘constructive’ China signals at Jeddah talks
Moscow not invited to forum but Beijing positive on engaging in future negotiations on finding a resolution to war
August 4 2023
Football
Saudi football scores with €430mn summer spending spree
Net transfer spending by the Pro League trails only that of the Premier League
August 3 2023
Oil & Gas industry
Saudi Arabia says it could deepen oil production cuts
Fresh curbs risk stand-off with US, which wants lower prices to boost economy and squeeze Russian revenues
July 31 2023
Middle Eastern politics & society
Israel says road to normalising ties with Saudi Arabia is ‘still long’
Washington has been working to facilitate a deal between the two adversaries
July 29 2023
War in Ukraine
Saudi seeks to woo developing nations for Ukraine peace talks
China, India, Brazil and South Africa invited to Jeddah meeting in bid to boost support for Kyiv
July 24 2023
Paris Saint-Germain Football Club
Saudi football club approaches PSG with record €300mn bid for Mbappé
Offer comes as Qatari-owned club tries to force French player to end or extend his contract to cash in lucrative fee
July 14 2023
Prince Mohammed bin Salman invited to visit UK in autumn
Offer signals UK desire to attract Saudi investment and deepen relations with Riyadh five years after Khashoggi murder
July 11 2023
Golf
Saudi Arabia sought central role in professional golf
PGA Tour officials tell US Senate their planned tie-up with LIV is best chance to preserve sport’s independence
July 8 2023
Spending spree thrusts Saudi football on to global stage
Kingdom’s focus widens as it seeks to build a leading domestic league
July 6 2023
Outlook
Samer Al-Atrush
Saudi Arabia’s Uber problem is of the government’s own making
Ride-hailing apps in the kingdom are widely regarded as the region’s worst — in part because of state regulations
July 5 2023
Public Investment Fund of Saudi Arabia
Saudi Arabia set to launch multibillion-dollar sports investment group
Plan signals Riyadh’s ambition to expand its push into football, golf, tennis and beyond
July 3 2023
Oil
Saudi Arabia and Russia announce new oil production cuts
Move comes after previous curbs failed to boost crude prices
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