Saudi Arabia

Saudi Arabia nearly doubles estimate for the value of its mineral resources

Saudi Arabia nearly doubled the estimate for the value of its mineral resources and is seeing lucrative deals signed during…

Blinken to meet with leaders of Saudi Arabia, UAE with aim to avert larger Middle East war

DUBAI, United Arab Emirates — U.S. Secretary of State Antony Blinken is due to meet with the leaders of the…

Saudi Arabia’s sovereign wealth fund overtakes Singapore’s GIC to top spending table

Saudi Arabia’s Public Investment Fund (PIF) was the top spender among global sovereign wealth funds last year, accounting for about…

Saudi Arabia offers 30-year tax relief plan to lure regional corporate HQs

DUBAI, United Arab Emirates — Saudi Arabia announced a 30-year tax exemption package for foreign companies establishing their regional headquarters…

DOJ files war crime charges; Russia reasserts its influence as Putin meets allies in Middle East

This was CNBC’s live blog tracking developments on the war in Ukraine on Dec. 6, 2023. See here for the…

Putin makes rare visits to the UAE, Saudi Arabia to talk strengthened relations, Israel-Hamas war

DUBAI, United Arab Emirates — Russian President Vladimir Putin arrived in Riyadh on Wednesday evening local time, Russian state media…

‘Incredible alpha opportunities’ in the year ahead despite headwinds, says Carlyle Group CEO Harvey Schwartz

Several of Wall Street’s biggest names convened in Riyadh, Saudi Arabia, for the kingdom’s annual Future Investment Initiative, during which…

Russia warns Israel-Hamas war is entering ‘hot’ phase and could be ‘potentially very dangerous’

This was CNBC’s live blog tracking developments on the war in Ukraine. See below for the latest updates.  It’s a…

U.S. ambassador insists America remains the top foreign policy actor in the Middle East

Martina Strong, U.S. ambassador to the United Arab Emirates, believes the U.S. is unequivocally the most important foreign policy actor…