Saudi Arabia
13 stories from Middle East Affairs.
Saudi fintech Nayla raises $18 million for micro-business lending
Nayla, a Saudi fintech providing AI-powered lending to micro-businesses, has raised approximately $18 million in equity and debt financing.
Saudi car platform Syarah raises $12 million
Syarah, a Saudi Arabian online car marketplace, has raised $12 million from Impact46 to expand its operations across the Kingdom.
Saudi Arabia, Turkey and Pakistan sign joint defence pact
Saudi Arabia, Turkey and Pakistan signed a collective-defence agreement on August 7, 2026, pledging to treat an armed attack on any one signatory as an attack on all three.
Trump warns of Iran strike as regional tensions escalate
Tensions are mounting across the Middle East as the United States and its allies pursue military and diplomatic responses to recent Iranian actions, while the Pentagon investigates leaks about the conflict.
Gold prices rise across Middle East as dollar weakens
Gold prices rose on Thursday across Saudi Arabia, Egypt, the United Arab Emirates, Qatar and Kuwait, driven by a weakening dollar and declining U.S. Treasury yields.
US approves $5 billion arms sale to Saudi Arabia
The United States has approved a $5 billion sale of bombs, guidance kits and military equipment to Saudi Arabia, citing threats from Iran and Yemen-based Houthi militants.
Fashion brands pursue partnerships to tap into scarcity and cultural cachet
Fashion's embrace of unlikely brand partnerships continues to accelerate in 2026, with designers from Elie Saab to Stella McCartney leveraging scarcity and borrowed prestige to drive sales.
Egypt, Saudi Arabia call for de-escalation amid regional strains
Egyptian President Abdel Fattah al-Sisi and Saudi Crown Prince Mohammed bin Salman urged de-escalation of regional tensions during a phone call, citing risks to energy supplies and global trade.
Arab states dominate major power deals in August
Arab states accounted for the largest electricity deals in August 2026, with major projects in Saudi Arabia, Oman, Egypt and Morocco, according to a monthly report by Energy Platform.
Saudi corporate travel platform FlyAkeed raises $25.15 million
FlyAkeed, a Saudi corporate travel platform, has raised $25.15 million in equity and Islamic financing to expand its deferred-payment offering for large enterprises.
Brent surges 7.6% on week as US-Iran clashes deepen
Brent crude rose 7.6 per cent this week as military clashes between the US and Iran disrupted shipping through the Strait of Hormuz, lifting fuel prices globally and deepening concerns about inflation.
Saudi Arabia to host inaugural Red Sea Fashion Week in May
Saudi Arabia will hold its inaugural Red Sea Fashion Week in May, featuring three days of runway shows with collections from Saudi and international designers.
Iran launches missile and drone strikes on U.S. positions across Middle East
Iran launched strikes on U.S. bases and interests in Jordan, Iraq and Bahrain, while a Saudi oil tanker was hit in the Strait of Hormuz with two Philippine crew members killed, in an escalation following American air strikes that killed at least 11 people in southern Iran.
