The announcement serves as the latest signal of Saudi Arabia's growing nuclear ambitions. The kingdom has shown a consistent interest in building a nuclear power sector and has held discussions with the United States about nuclear cooperation.

Secretary of State Antony Blinken on Tuesday said normalization between Israel and Saudi Arabia is ready to go, but requires following through on ending the war between Israel and Hamas in the

Most countries in the Gulf region, such as Bahrain, Kuwait, Qatar, Saudi Arabia, and the United Arab Emirates have adopted the Sunday-to-Thursday workweek.

Zambia aims to increase copper output to a record above 1 million tons this year, as it deepens ties with oil-rich Gulf nations such as the United Arab Emirates and Saudi Arabia.

Saudi Arabia plans to monetize all minerals, including by selling uranium, Saudi energy minister Prince Abdulaziz bin Salman said on Monday.

The UAE market showed a notable cooling from 2022, when 11 IPOs generated $13 billion in proceeds – more than double the combined total of 2023 and 2024. While Valecha suggests UAE listings could again hit the $6 billion mark in 2025, Turner believes matching the 2022 performance remains ambitious despite the promising pipeline.

With a pending Gaza ceasefire and Donald Trump returning as US president, Saudi Arabia's de facto leader must now decide whether to recognise Israel before a Palestinian state is created.

French utility Engie is seeking to gain foothold in renewable energy markets in Saudi Arabia and the United Arab Emirates, which are holding big tenders for wind and solar farms to diversify their energy sources. “The Gulf region has a serious potential ...

DAMAC Properties commits billions to U.S. data centers, showcasing Trump’s influence in attracting major investments

"Everyone recognizes that the Palestinian issue shouldn't be left behind," an expert told Newsweek. "So there must be progress on this."

It is on record that the President of the United Arab Emirates (UAE), Sheikh Mohamed bin Zayed Al Nahyan has accepted an invitation from the President of Nigeria Bola Ahmed Tinubu, to visit the country this year.

Dubai Global sukuk issuance is forecasted to approach $190 billion to $200 billion in 2025, driven by monetary easing and substantial financing needs in core Islamic finance countries, according to S&P Global Ratings.