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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...

Qatar’s JTA and UK’s Watt Plan EV Plant for 2028 Production

Gulf Middle East Observer Staff -
Qatar-based JTA International Investment Holding and Britain’s Watt Electric Vehicle Company have agreed to establish an electric-vehicle manufacturing plant...

Saudi Arabia Added the Equivalent of One Dollar Millionaire an Hour in 2025

Gulf Middle East Observer Staff -
Kingdom leads the Arab world with 348,000 dollar millionaires as low leverage and deeper capital markets provide a backdrop...

Saudi Arabia Signs $1.16bn Storage Deals, SEC Secures $1.2bn Korean Financing

Energy Middle East Observer Staff -
Saudi Arabia has signed agreements for four large-scale battery energy storage projects worth more than SAR4.35 billion ($1.16 billion),...
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The Middle East Observer is a leading online platform dedicated to providing unbiased, in-depth coverage of the Middle East, North Africa and the world. Our expert team of journalists delivers timely news and analysis across a diverse range of topics, including politics, economics, life style, science, and technology. We strive to inform and engage our readers with informative, premium coverage, and thought-provoking content.

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