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Saudi Arabia

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Middle East
Crown Prince Mohammed bin Salman
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
A total of 66 companies raised US$23.27 billion on the Hong Kong stock exchange’s main board in the first nine months of the year, according to the London Stock Exchange Group. Photo: Jelly Tse
IPO

China’s Chuangxin rides Hong Kong IPO wave with US$707 million fundraising

Listing draws commitments from 18 domestic and international investors and highlights the city’s buoyant market.

Hong Kong economy

Hongkongers find big pay cheques and cultural challenges in booming Saudi Arabia

Syria

Syria joins alliance against Isis after Trump hosts ex-jihadist president

Technology

Exclusive | HKSTP CEO Terry Wong’s vision for Hong Kong’s tech future

Fresh from three years on Saudi Arabia’s huge smart-city project, Wong aims to harness ecosystem effects to step up innovation in the city.

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Terry Wong, pictured at InnoCell in Pak Shek Kok, Tai Po, on October 31, 2025, aims to step up innovation as the new CEO of Hong Kong Science and Technology Parks. Photo: Jelly Tse
Video gaming

Saudi video gaming giant Savvy eyes China’s vast market and talent

The state-owned firm is looking for opportunities beyond mature Western markets, particularly in emerging and Asian markets.

Olympics

Opinion | Hong Kong and Greater Bay Area must seize chance to bid for 2036 Olympics

With the IOC having paused the bidding process, it is a good time to investigate the feasibility of hosting the event and to align stakeholders.

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Africa

Sudan’s paramilitaries agree to US-backed humanitarian ceasefire proposal

Announcement comes after Sudan’s RSF was accused of mass killings in the captured city of El-Fasher.

A woman who fled El-Fasher rests at a camp in Tawila, Sudan. Photo: AP
Trending in China

China woman, married to Saudi man, cyberbullied for sharing lavish life, culture

She only learns about husband’s affluent background after relocating to Saudi Arabia with him; his father owns land, hotels, shops.

Americas and the Caribbean

Hegseth announces 16th deadly US strike on an alleged drug boat

The latest attack killed two people, raising the total death toll from the controversial US campaign in South American waters to at least 66.

Education in Hong Kong

Exclusive | University of Hong Kong ‘pursuing plan’ to open Saudi Arabia campus

‘The university sees an opportunity in Saudi Arabia and has a plan to open a campus in Riyadh,’ source says.

Sources say HKU will open a campus in Riyadh. Photo: Reuters
Israel-Gaza war

Turkey and Muslim allies say Palestinian self-rule is key to Gaza’s future

Turkey hosts ministerial meeting to discuss US-brokered Gaza ceasefire and long-term solutions to the conflict.

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The rubble of destroyed buildings in Gaza City. Photo: Reuters
Sudan

US seeks truce in Sudan as ICC probes possible war crimes in El-Fasher

There have been reports of mass killings, sexual violence, looting and abductions in a city overrun by Rapid Support Forces militia.

Energy

Opec agrees to output increase, moderates plans due to glut fears

Opec has raised output targets by more than 2.7 million bpd since April but slowed the pace in October and November amid predictions of oversupply.

Hong Kong economy

Hong Kong on track for growth target, Paul Chan says ahead of finance summits

Finance chief also says Saudi Arabia has expressed particular interest in technology companies and start-ups in Hong Kong.

A sign for last year’s Hong Kong FinTech Week. The 2025 event starts on Monday. Photo: Matt Haldane
China-Middle East relations

Will China-Iran ties help foster a ‘new Asia’? Envoy sees rebalance in region

Tehran envoy Abdolreza Rahmani Fazli calls on Beijing to provide a ‘balanced’ strategic partnership to help reduce tension in Asia.

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Iranian ambassador to China, Minister Abdolreza Rahmani Fazli, has called on Beijing to provide ‘wise and balanced’ leadership to bring peace to the region amid geopolitical tension. Photo: Getty Images
Diplomacy

Opinion | What Syria’s post-war pivot to China reveals about the new world order

Damascus views engagement with Beijing as a pathway to legitimacy, leverage – and the US$216 billion it needs to rebuild.

Hong Kong economy

Hong Kong will uphold global trading rules, John Lee pledges at Apec gathering

John Lee chats with President Xi Jinping ahead of Apec economic leaders’ dialogue and later meets IMF managing director, country leaders.

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Hong Kong economy

Hong Kong open to issuing Islamic bonds to fund Northern Metropolis: Paul Chan

Finance chief’s delegation to Saudi Arabia also yields five memorandums of understanding, with big focus on technology sector.

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Financial Secretary Paul Chan (right) has travelled to Saudi Arabia to promote business ties between Hong Kong and the kingdom. Photo: Handout
Esports

IOC, Saudi Arabia cancel 12-year deal on video gaming Esports Olympics

Kingdom’s capital was due to host first event in 2027, but parties end partnership after 14 months and will now pursue separate projects.

Hong Kong economy

HKEX’s Riyadh office will act as ‘bridge between mainland China and Middle East’

Managing director and head of global issuer services Johnson Chui says new office shows bourse operator’s determination in developing business in region.

Hong Kong economy

Hong Kong to remain competitive through public-private partnerships: Paul Chan

China-US talks are taking pragmatic approach despite tensions, finance chief says at 9th Future Investment Initiative forum in Riyadh.

Finance chief Paul Chan attends the 9th Future Investment Initiative forum in the Saudi capital, Riyadh. Photo: Handout
Semiconductors

Qualcomm soars after taking aim at Nvidia with new AI chips

Qualcomm is trying to break into the market for AI accelerators, which are used to create and run artificial intelligence models.

Signage outside Qualcomm’s headquarters in San Diego, California. Photo: The San Diego Union-Tribune/TNS
Hong Kong economy

Hong Kong start-ups have ‘high hopes’ for Saudi trip as Paul Chan heads to FII

Hong Kong firms eye expansion, with finance chief leading a high-powered delegation to Future Investment Initiative forum in Riyadh.

China’s C919 passenger plane

Maker of China’s C919 jet to scout for Middle Eastern buyers at Dubai Airshow

Comac has been looking for overseas buyers of its two passenger jets after growth in orders in China.

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Israel-Gaza war

‘Insult’: Vance slams Israeli vote on West Bank annexation

The US vice-president says a move by Israeli lawmakers towards that end looks like a stupid ‘political stunt’.

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US Vice-President J.D. Vance (left) with Israeli Prime Minister Benjamin Netanyahu at the prime minister’s office in Jerusalem on Wednesday. Photo: AFP
Banking & finance

Citic Securities rides Hong Kong’s IPO wave, sponsoring dozens of firms

As hedge funds and long-only investors pour into listings, bank’s Hong Kong unit expands to meet demand, head of investment banking says.

Frank Yu, the head of Citic Securities International’s investment banking. Photo: Handout
Donald Trump

Trump to host Saudi crown prince for AI and nuclear talks next month

Salman’s first US visit since 2018 potentially includes Israel normalisation talks and follows Trump’s US$600 billion Middle East deal in May.

Banking & finance

Hong Kong exchange sees further growth ahead for record ETF market

Daily turnover doubled to US$4.8 billion and will keep growing amid new asset classes and market connectivity, senior executive says.

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