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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
An explosion at an unknown location, during what the US military says are strikes on Iran. Photo: US Central Command via Reuters
US, Israel war on Iran

US launches more strikes on Iran as conflict spreads across region

Pentagon retaliates following attempted attacks targeting American forces while fighting draws in Tehran-backed proxies.

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United Nations

Opinion | Can the gigacities of tomorrow keep human connection alive?

Banking & finance

Standard Chartered posts 10% profit rise, launches US$1b buy-back

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Banking & finance

Editorial | China’s drive to sidestep weaponised Western finance gains speed

Use of a multilateral central bank digital currency platform and a broader panda bond market will help China and other nations reduce reliance on the West.

By late June, total cumulative transactions on mBridge passed 600 billion yuan (US$88.6 billion). Photo: dpa
US, Israel war on Iran

Iranian missile salvoes and US-Saudi strikes shatter brief Middle East lull

Joint air strikes hit Tehran-backed militia sites in Iraq after dozens of drone and missile attacks across the region.

Middle East

Trump’s irritation over leak signals strains as Netanyahu visits White House

The US president criticised leaked talking points on Iran’s nuclear site before meeting with the Israeli prime minister.

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US, Israel war on Iran

Oman offers Iran Gulf-backed plan for voluntary fees to use Hormuz

Under the proposal, Iran will not exercise sole control and fees would be voluntary, a system analogous to ‌one in place on Asia’s Strait of Malacca.

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A vessel at the Strait of Hormuz, as seen from Musandam, Oman, on Tuesday. Photo: Reuters
Malaysia

How a displaced F1 race could be Malaysia’s ‘blessing in disguise’

The one-off race in Sepang could deliver an economic boost and position Malaysia as a stable regional base for global events, analysts say.

US, Israel war on Iran

Iran halts strikes as Trump gives space to talks

The calmer situation eased worries about a resurgence in inflation and a fresh round of interest rate hikes.

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US, Israel war on Iran

US pauses nightly Iran strikes, as Houthis clash with Saudis

The halt came without any announcement or explanation after 13 consecutive days of attacks.

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A couple rides past Iranian-made Zolfaghar missiles displayed at Azadi Square in Tehran on Friday. Photo: TNS
US, Israel war on Iran

Houthi blockade of Saudi trade threatens wider Middle East conflict

As Houthi attacks disrupt Red Sea shipping, analysts warn of ‘brinkmanship’ that could yet spiral into all-out conflict.

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Houthis and their supporters attend an anti-Saudi rally in Yemen’s capital Sanaa. Photo: Reuters
US, Israel war on Iran

‘Locked and loaded’: Trump vows more Iran strikes while hinting at talks

A 13th night of strikes post-ceasefire triggers counter-attacks across the Gulf, with crude spiking as Hormuz shipping grinds to a near-halt.

Syria

Comeback corridor: Syria’s US$216 billion rebuild offers a Hormuz alternative

With US sanctions lifted, Syria is capitalising on the Strait of Hormuz crisis to position itself as a trade and oil bypass.

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Middle East

Saudi strikes Houthi sites in Yemen as conflict flares

The Iran-backed militants have declared a maritime blockade of the kingdom and attacked its ships.

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Armed members of the Iran-backed Houthi militia take part in a demonstration against US and Israel in Sanaa, Yemen, in January 2024. Photo: dpa
Hong Kong economy

Hong Kong’s TDC to open Egypt office as it eyes African, Nordic markets

Trade Development Council has revamped corporate structure to better help firms in six new industry clusters, chairman Frederick Ma says.

A view of the Pyramids of Giza on the southwestern outskirts of the Egyptian capital Cairo. Photo: AFP
US, Israel war on Iran

US-Iran fighting escalates as explosions heard in Iraq, sirens in Bahrain

As the US strikes Iran, Tehran targets Strait of Hormuz ships and US allies and assets in the region, apparently including tech giant Amazon.

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US, Israel war on Iran

Trump throws Saudi nuclear deal into doubt with Israel recognition demand

White House says pact hinges on Riyadh joining Abraham Accords, a condition analysts say the kingdom is unlikely to accept.

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US, Israel war on Iran

Chinese tanker passes Red Sea choke point despite Houthi blockade

Chinese tankers returning from the Saudi port of Yanbu may be able to negotiate passage on a case-by-case basis, a report says.

A satellite image shows the Bab al-Mandab Strait, a key shipping waterway and the gateway to the Red Sea. Image: Nasa Worldview via Reuters
US, Israel war on Iran

Trump vows to punish Iran and Houthis for Red Sea attacks as oil surges

The US president says he is considering relaunching major combat operations in Iran and is close to a decision.

US, Israel war on Iran

Houthis target tankers in Red Sea, threatening another Iran war chokepoint

Attacks on shipping expand regional conflict as US strikes Iran for a 12th consecutive night.

Middle East

US unveils civilian nuclear deal with Saudi Arabia

Some US lawmakers and Israeli officials fear that such a project could help the kingdom develop nuclear weapons.

Saudi and US flags flutter on a road in Riyadh in May 2025, ahead of a visit by US President Donald Trump. Photo: AFP
US, Israel war on Iran

Trump threatens to bomb Iranian bridge or power plant after Hormuz attacks

Warning comes as US expands air strikes, Iran targets Jordan and Houthis threaten shipping near another vital trade route.

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US President Donald Trump speaks to reporters before travelling to Dover Air Force Base to attend the dignified transfer of service members killed in Iranian strikes on Jordan. Photo: AFP
Banking & finance

Chinese bank touts digital currency platform’s largest transfers yet

Bank of China uses mBridge for two cross-border transfers worth more than US$1.7 billion each, as CBDC platform gathers momentum.

Middle East

Trump approves Saudi nuclear deal that could allow uranium enrichment, AP sources say

Deal is expected to last 30 years, with US firms helping the kingdom develop a civil nuclear industry.

US-China trade war

As US-Chinese AI model gap narrows, what next for Washington?

China’s major advances in artificial intelligence have intensified pressure on US rivals, leaving American AI policy at a crucial crossroads.

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China’s latest AI model advancements have forced Washington to ponder its next move in the global artificial intelligence race. Image: Shutterstock
US, Israel war on Iran

Asia’s oil buyers face US$100-per-barrel risk as Houthis threaten Saudi blockade

A Houthi blockade could disrupt Saudi oil flows through the Bab el-Mandeb Strait, leaving Asian buyers with fewer options.

Fireworks burst as Houthi supporters rally against the Saudi-led coalition in Sanaa, Yemen, on Monday. Photo: AP
US, Israel war on Iran

Iran and US trade more attacks as Houthis threaten blockade

US completes 10th consecutive night of strikes as tankers are targeted in the Strait of Hormuz and Yemeni rebels threaten broader war.

US, Israel war on Iran

US retaliates against Iran’s Revolutionary Guard over killing of American troops

The US has targeted bridges and electrical facilities in Iran; Tehran has retaliated by hitting power and desalination plants in Kuwait.

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