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Saudi Arabia has released construction magnate Bakr bin Laden, half-brother of the late Osama bin Laden

Comment: Long before the 'Abraham Accords', Abu Dhabi was investing in the US and developing an intensive lobbying strategy in Washington. Eva Thiebaud discusses a new report by Colin Powers.

Saudi <em>oil</em> firm Aramco's first-quarter profits up by 30%

The New Arab Staff & Agencies

Saudi oil firm Aramco's first-quarter profits up by 30%

Aramco said the increase in profits primarily reflects the impact of higher crude oil prices, which have steadily climbed amid increased global demand for crude.

Chinese investors in talks to buy Aramco stake: report

The New Arab Staff

Chinese investors in talks to buy Aramco stake: report

The report come after Crown Prince Mohammed bin Salman said a 'leading global energy company' was in talks to buy a one percent stake in Aramco.

What Baghdad hospital fire reveals about Iraq's health system

Benjamin Isakhan

What Baghdad hospital fire reveals about Iraq's health system

Comment: For years, the Iraqi state has been too weak to prosecute corruption, and ordinary Iraqis are paying for it with their lives, writes ...

The New Arab Staff

Saudi Arabia could save $200 billion with green energy

Saudi Arabia needs funding to invest in all the plans leading up to the completion of Saudi Vision 2030.

The New Arab Staff & Agencies

Saudi Aramco signs $12.4 billion oil pipeline deal

The announcement comes after Aramco posted consecutive falls in profits since it began disclosing earnings in 2019.

The New Arab Staff & Agencies

Iraqi youth see little hope 18 years after Saddam

Despite the country's oil wealth, the promise of a booming future has remained beyond grasp for most, especially those now ...

The New Arab Staff & Agencies

Jordan king's half-brother accused in plot to 'destabilise' kingdom

Multiple suspects, including the king's half-brother Prince Hamzah, have been arrested for an alleged coup attempt in Jordan.

Libya receives Russia’s Sputnik vaccine

The New Arab Staff & Agencies

Libya receives Russia’s Sputnik vaccine

Libya is expected to start vaccinating its population as the first 100,000 doses arrived, as hospitals can't handle the pressure of the pandemic.

The New Arab Staff & Agencies

Saudi plans $3.2 trillion investments to boost private sector

Saudi Arabia announced plans for $3.2 trillion in investments by 2030 to boost the private sector and diversify its oil-reliant economy.

How Russia swooped Syria's hydrocarbon share in Eastern Mediterranean

Moustafa al-Saied, Ali Eid and Mohamed Abo El-Gheit

How Russia swooped Syria's hydrocarbon share in Eastern Mediterranean

An investigation by The New Arab’s sister site Al-Araby Al-Jadeed delves into Soyuzneftegaz's operations in Syria, its questionable credentials, ...

Syria Insight: Bread queues and hunger in Assad's Syria

Paul McLoughlin

Syria Insight: Bread queues and hunger in Assad's Syria

After ten years of war, Syrians across the country are facing unprecedented hunger and poverty.

Dubai's deputy ruler Sheikh Hamdan bin Rashid dies

The New Arab Staff & Agencies

Dubai's deputy ruler Sheikh Hamdan bin Rashid dies

Sheikh Hamdan bin Rashid Al Maktoum, who served as the UAE's finance minister since 1971, had been in poor health for several months.

Is there a space race in the Middle East?

Stasa Salacanin

Is there a space race in the Middle East?

In-depth: Space has become a new frontier in the competition for political power and economic development in the Middle East.

The New Arab Staff & Agencies

Saudi Aramco 2020 profits slump on lower crude prices

Saudi oil company Aramco lost 44.4% of net profit in 2020 because of lower prices due to the coronavirus pandemic.

The New Arab Staff & Agencies

US-convicted banker quits as Istanbul exchange chief

Mehmet Hakan Atilla resigned as the chief executive of the Istanbul stock exchange two years after having been released from prison for helping ...

Jalel Harchaoui

Who are Libya's new leaders?

The long read: Jalel Harchaoui dissects the fluid alliances and histories behind the new characters on Libya's political scene, as the country ...

Harry Hagopian

Pope Francis in Iraq: Healing, piety and PR

Comment: Pope Francis' highly anticipated visit to Iraq places a host of spiritual and political expectations on the charismatic pontiff. Here's ...

Trump's former treasury secretary to launch Gulf-backed investment fund

Brooke Anderson

Trump's former treasury secretary to launch Gulf-backed investment fund

Steven Mnuchin is in the hiring process for the new venture, which will be backed by sovereign wealth funds from Arab Gulf states.

Malia Bouattia

Algeria's Hirak proves it never went away

Comment: Algeria's protesters returned to the streets this week, proving they haven't been weakened by the hiatus caused by the pandemic, or ...

MbS launches company to develop Saudi mountain resort

The New Arab Staff

MbS launches company to develop Saudi mountain resort

Souda Development Company will invest $3 billion into a tourism project which includes 2,700 hotel rooms, 1,300 residential units, 30 ...

Ex-Saudi <em>oil</em> minister Ahmed Zaki Yamani dies at 90

The New Arab Staff & Agencies

Ex-Saudi oil minister Ahmed Zaki Yamani dies at 90

Known for his Western-style business suits and soft-spoken, measured tones, Ahmed Zaki Yamani helped Saudi Arabia command a dominating presence ...

Saudi Arabia pushes companies to move headquarters to kingdom

The New Arab Staff & Agencies

Saudi Arabia pushes companies to move headquarters to kingdom

Saudi Arabia will stop doing business with foreign companies with regional headquarters outside the kingdom starting in 2024, state media said.

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