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Al Rajhi Secures 9/11 Dismissal After Years-Long US Legal Battle

Banks Middle East Observer Staff -
Saudi Arabia’s Al Rajhi Bank has won dismissal of a long-running US lawsuit linked to the September 11 attacks,...

Kuwait Turns to Future Wealth as Hormuz Tests Treasury Liquidity

Economy Samer Amir -
The Strait’s disruption has intensified pressure on Kuwait’s Treasury, but recurring deficits and repeated efforts to expand financing capacity...

From Compute to Capital: LEAP 2026 Builds the Architecture of Saudi Arabia’s AI Economy

Gulf Middle East Observer Staff -
Saudi Arabia’s flagship technology gathering has produced billions of dollars of new investment announcements, but the more consequential development...

Anthropic’s $7bn Chip Hunt Tests the Economics of Gulf AI Investment

Gulf Middle East Observer Staff -
Saudi Arabia and the UAE are spending heavily to become global suppliers of AI computing power. Anthropic’s push into...

Erik Prince Bets on ‘Air Defence as a Service’ in the Middle East

Gulf Middle East Observer Staff -
Erik Prince, founder of private military contractor Blackwater, has launched Vectus Air Defense Systems, a US venture seeking to turn...

Egypt Pushes Regional Power Links as Saudi 3GW Grid Nears Launch

Egypt Middle East Observer Staff -
Egypt is accelerating electricity interconnection projects spanning Saudi Arabia, Jordan and Europe, as its $1.8 billion power link with...

Saudi Trade Surplus Hits Five-Month Low as Non-Oil Exports Lose Momentum

Gulf Middle East Observer Staff -
Saudi Arabia’s trade surplus fell to SAR17.3 billion ($4.6 billion) in June, its lowest level in five months, as...

The New Middle East Energy Premium: Iran War Reprices Oil, Gas and Shipping

Energy Middle East Observer Staff -
A $20 million tanker voyage through the Strait of Hormuz is becoming a measure of the new economics of...

Saudi Arabia, France Turn Strategic Pact Into Multibillion-Dollar Investment Pipeline

Economy Middle East Observer Staff -
Saudi Arabia and France concluded more than 20 agreements and memoranda of understanding during Crown Prince Mohammed bin Salman’s...
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Al Rajhi Secures 9/11 Dismissal After Years-Long US Legal Battle

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