Saudi Arabia’s oil shipments are on track to hit their highest level in almost three years, while state oil firm Aramco started production at a new gas field.

The government set out plans to tackle the situation, including a corporate income tax from 2027.

The industry’s revenues will expand by 13% this year, slower than the 25% rise in 2023 but still higher than the international average, a new report found.

A small but growing number of cafes and restaurants are starting to serve food during the Muslim month of fasting, in the latest sign of social change.

Judan Financial is the latest Abu Dhabi firm seeking to position the emirate as a hub for global capital, not just its own oil wealth.

The kingdom will get “monstrous” numbers of AI chips, says Luma AI’s CEO.

A government reshuffle puts a Saudi wealth fund executive in charge of bringing in much-needed FDI.

HUMAIN acquired a controlling stake in ai.oi, a UK company that uses AI to scout for sporting talent and suggest improvements for athletes’ performance.

The deal values the advertising company at $6.2 billion.

The Trump administration is formalizing plans to give big foreign investors faster approval to do US deals.

MASNA Ventures launches first fund of its kind targeting investments in the Saudi military industry.

The two countries have steadily rebuilt ties that had reached a low ebb in 2017 to 2020, when Ankara sided with Qatar in a regional dispute.