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Saudi Arabia
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Saudi Arabia

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Saudi Arabia
Saudi Arabia
The latest news, analysis and opinion on Saudi Arabia. In-depth analysis, industry insights and expert opinion.
Capital
Riyadh
Head of State
King Salman bin Abdulaziz Al Saud
Head of Government
Prime Minister Mohammed bin Salman Al Saud
People take photos of the wreckage of an Iranian missile that landed near the West Bank city of Jericho on Monday. Photo: AP
US, Israel war on Iran

Israel, Iran appear to pause strikes after trading fire after ceasefire

Iran said further ‘aggression and hostile acts’ by Israel, including in southern Lebanon, would be met with ‘much more severe’ measures.

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US, Israel war on Iran

‘Immediately stop shooting’: Trump urges Iran and Israel amid tit-for-tat strikes

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Banking & finance

Macau taps into Project mBridge digital currency platform

Energy

Oil prices rally on Hormuz talks but will Asia’s energy woes ease?

Analysts say recovery ‘will take a far longer time’, with ship backlogs and damaged facilities weighing on Asia’s energy importers.

A worker fills up a motorcycle at a petrol station in Quezon City, Metro Manila, the Philippines, in March. Photo: Reuters
US, Israel war on Iran

How ‘strategic ambiguity’ made Turkey a winner in the Iran war

However, experts caution that the country’s economic instability and enduring regional rivalries have capped its gains.

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Middle East

Syria says Sharaa holds phone call with Trump

Ahmed al-Sharaa tells the US president that ending economic restrictions is essential to reviving Syria’s economy.

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India

India seals BrahMos missile deal with Vietnam, eyes Indonesia next

A senior Indian defence ministry official made the announcement at the Shangri-La Dialogue security forum in Singapore.

India’s BrahMos missile system (left) takes part in the country’s Republic Day parade in New Delhi last year. Photo: AFP
Islamic State

Man jailed for 15 years over foiled Taylor Swift concert attack plot in Austria

Austrian court convicts 21-year-old over planned 2024 bombing that forced the cancellation of concerts.

The Philippines

Homesick Filipino migrants count cost of separation for a ‘better’ future

Economic necessity has forced Filipino migrants like Jeffrey Ongoco to spend years away from the people they left home to support.

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US, Israel war on Iran

US hits Iran with fresh strikes amid negotiations to end war

Marco Rubio insists a deal with Iran remains within reach after the US military claimed its attacks were in ‘self-defence’.

A billboard in Tehran depicting the Strait of Hormuz reads 'Forever in Iran's Hand'. Photo: AFP
US, Israel war on Iran

Trump now ties Iran deal to major expansion of Abraham Accords

US president suggests Saudi Arabia, Pakistan and other regional powers normalise ties with Israel to secure peace.

US President Donald Trump speaks on the phone inside his limousine on Monday. Photo: EPA
Middle East

Muslims begin haj in sweltering heat and shadow of Middle East tensions

Over 1.5 million faithful gather as annual sacred rites in Mecca officially get under way.

Hong Kong transport

Exclusive | Hong Kong airport set for volume shift after flights rejigged amid fuel crisis

Some airlines say they will operate all scheduled flights beyond June after initial consolidation efforts to offset higher jet fuel prices.

US, Israel war on Iran

Israel thrusts a reluctant UAE into the open over defence ties

Disclosures about Iron Dome batteries and secret meetings have exposed ties analysts say the UAE would rather handle ‘more discreetly’.

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Israel’s Iron Dome anti-missile system intercepts rockets in October 2023 during the opening days of the Gaza war. Photo: Reuters
Hong Kong stock market

SpaceX share sale won’t drain Hong Kong IPO boom, JPMorgan says

Bank sees strong demand for Chinese AI, robotics and healthcare listings despite SpaceX’s projected record-breaking IPO in the US.

A SpaceX rocket lifts off at Kennedy Space Center in Florida. Photo: Reuters
IPO

SpaceX’s US$75 billion IPO sparks liquidity fears as Fed rate-increase odds rise

The blockbuster offering’s repercussions could be far-reaching, drawing capital away from Hong Kong and the broader Asia-Pacific region.

IPO

Hong Kong set to be ousted by Nasdaq as world’s biggest IPO market

International investors remain interested in Hong Kong tech listings due to attractive valuations, UBS and JPMorgan say.

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US, Israel war on Iran

Trump calls off new Iran attack at request of Gulf states

US president signals possible Iran breakthrough as ‘serious negotiations’ continue to end conflict.

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US President Donald in the Oval Office of the White House in Washington. Photo: EPA
US, Israel war on Iran

How does the Strait of Hormuz stand-off look in the wake of Trump-Xi summit?

The US and Iran are both considering their next moves as the deadlock over the key shipping route continues.

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Iran

Iran war pushes Asia’s Gulf migrants to use stablecoins for remittances

The risk of sanctions has fuelled concerns that monetary transfers from migrant workers via banks or other operators could be disrupted.

Diplomacy

Opinion | Just because Brics isn’t a coherent bloc doesn’t mean it’s impotent

The grouping has a future, not as a binding structure demanding policy alignment but as a tool for members to enhance leverage and maximise options.

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Illustration: Craig Stephens
Middle East

Opinion | The problem no one is naming as the UAE dramatically exits Opec

The fighting over oil production quotas was the symptom. Security realignment is the disease.

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Plumes of smoke rise from an oil facility in Fujairah, United Arab Emirates, on March 14. Photo: AP
South Korea

South Korea draws Gulf oil storage interest as Hormuz stays closed

Saudi Arabia, Kuwait and the UAE are among major oil producers looking to South Korea’s underground storage facilities, officials say.

Hong Kong economy

Editorial | GDP uptick signals Hong Kong’s economy is on the right path

The city is betting on diversification – fully integrating with the mainland economy while expanding trade and business ties with others.

Diplomacy

Opinion | How China-Gulf ties can turn energy vulnerability into sustainability

Hormuz tensions are a reminder to start building a better, more sustainable energy order before the next crisis hits; Hong Kong can help.

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A man walks beneath solar panels at the Al Dhafra solar power project south of Abu Dhabi in 2023. Photo: AFP
China's military weapons

Will new Saudi-Pakistan defence pact give Chinese arms risk-free exposure?

Islamabad’s elevated stature in Middle East security could make it ‘the operational face of Chinese defence systems’ via regional deployment.

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Illustration: Henry Wong
Middle East

Letters | UAE’s Opec exit reflects a complex world

Readers discuss the UAE’s decision to leave the oil cartel, and a Vietnamese leader’s choice to travel twice on China’s high-speed trains.

Middle East

‘Structural shift’: new routes for Middle East freight to bypass Hormuz

Saudi Arabia, Turkey and the UAE lead a push for a new trade architecture with multiple nodes linking the Indian Ocean to the Mediterranean Sea.

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