Semafor Gulf

The introduction of the office was part of a broader strategy to create a “young and flexible” government.

Sotheby’s second Saudi event brought in a total of $19.5 million.

The Dubai Loop is a planned underground mass-transit system using Tesla cars traveling along dedicated tunnels.

Doha is doubling its LNG production, and officials insist that global economic growth means demand will remain robust despite the rise of renewable energy.

Belgium-based Imec, one of the world’s leading semiconductor research labs, will open its first Gulf R&D center in Doha this year.

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.

Even amid a period of low oil prices, the Gulf has still been a prime destination for private equity fundraising.

Saudi luxury label KML brought an avant-garde take on traditional silhouettes to Paris Ready to Wear Fashion Week.

The kingdom is boosting outreach to debt and equity investors as it seeks to address a funding crunch.

Fintech Hakbah is turning the jameya model into an online platform as Riyadh readies a national push to lift household savings.

Imbono, based in Dubai, will execute energy, water, logistics, and food security projects in emerging markets.

The new strategy is designed to be more execution-focused and show clearer risk allocation.