More than $100 billion in investment and trade deals between the US and the UAE have been announced since Trump’s visit to the Middle East a year ago.

It’s the latest sign that the Gulf’s biggest funds are still actively seeking deals even as the closure of the Strait of Hormuz hits state revenues.

Gulf states won’t weaken ties with Washington, but Beijing’s role in investment, trade, and security arrangements are poised to grow.

Without a resolution to the war, security concerns and lower spending will hinder Riyadh’s goal to become a top global city.

The state oil producer lifted its dividend to the kingdom as higher crude prices offset lower export volumes.

The supercomputer will offer seven times more compute capacity than Aramco currently has, enabling it to handle larger volumes of data for seismic imaging and reservoir simulations.

Consumer spending in Saudi Arabia rose by 38% in the week to May 2, one of the biggest swings on record.

Fund managers are committing to the UAE’s financial centers despite the uncertainty caused by the Iran conflict.

Spending on new projects surged by more than 50% compared to a year earlier, with military and transport outlays also up significantly.

Space firm signs deal with French government as it looks to build an AI-powered satellite cluster.

The UAE’s announcement that it will quit OPEC is a blow to the cartel, which has struggled in recent years to maintain unity.

The $925 billion fund is tapping US operators to manage a new network of stadiums and concert halls.