It’s a different oil crisis, but Saudi Arabia will still pay
The kingdom remains the global swing producer. But the US is no longer beholden to OPEC, shifting the diplomatic calculation.
Semafor Tech3 min read
gulf
47 stories
Qatar’s wealth fund keeps spending as war slashes government revenue
Qatar Investment Authority’s and the broader state’s financial buffers allow the fund to ‘continue to deploy’ capital.
Semafor Tech2 min read
A pioneering Jeddah schoolhouse show reaches Frieze Masters in London 58 years later
In 1968, two female artists hung their paintings in the Dar Al-Tarbia Al-Hadetha school, among the first exhibitions women had ever held in Saudi Arabia.
Semafor Tech1 min read
How the Houthis’ Zaydi heritage influences their strikes in Iran
The Houthis are heirs to a 1,000-year-old Zaydi imamate that ruled northern Yemen on and off until the modern state was established in 1962.
Semafor Tech1 min read
UAE and Saudi Arabia account for almost 90% of $2.98 billion of startup capital raised in 2026
The two countries were also responsible for every round of $100 million or more. Regional funding fell 7%, and the number of deals dropped by a third.
Semafor Tech1 min read
The IMF cuts its 2026 growth forecasts across the Gulf
The Middle East and North Africa is now expected to be the only region to shrink this year. In April, the IMF forecast Saudi Arabia and the UAE would grow.
Semafor Tech1 min read
Saudi minister says kingdom is fearless after deadly Houthi strikes
Back-to-back Houthi strikes on Riyadh’s airport have threatened the kingdom’s economic ambitions.
Semafor Tech1 min read
Saudi plans to expand oil export routes to cut Hormuz reliance
The urgency is growing as wars in the Middle East and Ukraine strain global oil supplies.
Semafor Tech1 min read
Mubadala doubles down on Asia investments
The $385 billion Abu Dhabi sovereign wealth fund is looking to boost investments in China, India, Japan, and South Korea.
Semafor Tech1 min read
Saudi Arabia’s resolve, and fears of a ‘forever war’
Deadly airport strikes have more Saudis worried how hard the kingdom will be hit.
Semafor Tech3 min read
Riyadh hit by deadly Houthi attacks again over the weekend
Several major energy CEOs cancelled travel to Saudi Arabia, which had been preparing several major conferences courting foreign investment.
Semafor Tech1 min read
Afghanistan opens potential China trade route to Persian Gulf
ISLAMABAD -- The Taliban government of Afghanistan has recently opened a road through the Wakhan Corridor, a narrow strip of land on the northeastern
Nikkei Asia Tech1 min read
Attacks on Riyadh threaten Saudi confidence
The Houthi attacks threaten the kingdom’s efforts to project its business-as-usual approach, and official silence is unsustainable.
Semafor Tech3 min read
QatarEnergy wins Brazil energy concession
The state-owned company will hold 30% of each block in the Ceará Basin, with operator Petrobras holding the rest.
Semafor Tech1 min read
New construction projects in the Gulf plunge 37%
Gas and chemicals were the only sectors to grow, as ADNOC and Aramco kept spending.
Semafor Tech1 min read
Why US support for Riyadh in Yemen matters
Washington’s backing in the fight against the Houthis serves US interests, and helps demonstrate that it takes Gulf security seriously.
Semafor Tech3 min read
Saudi Arabia faces its toughest moment of war
Houthi attacks threaten Saudi Arabia’s efforts to project stability ahead of two major global business conferences.
Semafor Tech2 min read
Mini scandal clouds Dubai's Michelin Guide
The latest Michelin Guide awarded stars or distinctions to 11 restaurants that have temporarily or permanently closed because of the war.
Semafor Tech1 min read
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