Economy Middle East

US-Saudi Nuclear Deal Opens Door to Uranium Enrichment, Breaking Gulf Precedent

Proposed US-Saudi nuclear deal would grant Riyadh uranium enrichment rights, breaking Gulf gold standard and raising proliferation fears amid Iran talks.

Saudi Awwal Bank Turns 100 With Record SR8.5 Billion Profit — But the Kingdom’s Credit Boom Has a Funding Problem

SAB's record SR8.5bn profit and 15% loan growth mask a sector-wide funding squeeze, with Saudi bank loan-to-deposit ratios now above 100% amid Vision 2030's credit boom.

Sudan’s War Machine Faces UK Sanctions While Civilians Return to Ruins

UK sanctions and US humanitarian pledges for Sudan highlight disconnect between diplomatic action and civilian crisis as millions return to destroyed cities

Saudi Crown Prince Reshuffles Cabinet for Vision 2030 Sprint

Saudi Arabia appoints PIF's Fahad Al-Saif as investment minister, signaling intensified efforts to attract foreign capital and compete with UAE hubs.

Saudi Housing Boom Attracts Major Regional Developers

Major residential development announced in Riyadh featuring 3,018 units and SR3.3 billion investment, supporting Saudi Vision 2030 homeownership goals.

International Housing Partnerships Transform Saudi Construction Standards

Saudi-Korean partnership launches Kingdom's first joint residential project with 430 units in Riyadh, featuring 10-year warranties and modern amenities

Saudi Arabia: World Defense Show 2026 Marks Kingdom’s Emergence as Global Defense Hub

Saudi Arabia's World Defense Show 2026 demonstrates kingdom's growing defense industry maturity with 80+ countries participating and SAR 500M GDP impact.

UAE Joins Trump’s ‘Board of Peace’ Initiative as Global Trade Patterns Shift

UAE joins Trump's diplomatic initiative while global trade shifts favor Middle East as Europe hedges against US protectionism.

Can Iran-US Nuclear Talks Succeed After Red Line Warning?

Iran declares uranium enrichment a red line in US talks while blaming foreign powers for deadly protests that killed thousands across the region

UAE Financial Sector: SPDLab Hosts AI Adaptation Summit with BNY Mellon

SPDLab collaborated with BNY Mellon and Newton Investment Management on AI adaptation and regime change strategies for financial institutions in May 2024.

Saudi Arabia: Saudia’s $1.1 Billion Rebrand Success Story

Saudia's three-year rebrand strategy delivers strong commercial gains as brand value jumps from $506M to $1.1B ahead of Riyadh Air's market entry