Saudi Arabia

Geopolitics

Saudi Arabia Pulls Back as Trump Reemerges on World Stage

Photo illustration by Connor Lin / The Daily Upside, Photos by Gage Skidmore via CC BY-SA 2.0 and Kremlin.ru via CC BY 4.0

Saudi Arabia’s Mammoth Public Investment Fund Turns Inward Just As One of the Country’s Top Allies Reclaims the White House.

6 min read
Economics

Saudi Arabia’s Sovereign Wealth Fund is Homeward Bound

Photo by Vadim Nefedov via iStock

Saudi Arabia’s Public Investment Fund (PIF) signaled on Tuesday that it’s dialing down its investments outside the kingdom’s borders.

2 min read
Energy

Saudi Arabia Gives Up Trying to Drive Oil Higher

Photo by Tom Fournier via Pexels

Saudi Arabia, the biggest and most influential member of OPEC, is abandoning its goal of driving the price of an oil barrel up to $100.

2 min read
Investments

White House Readying US Sovereign Fund Proposal

Photo by Andy Feliciotti via Unsplash

White House officials are drafting plans to start a sovereign wealth fund that could invest in national security interests.

2 min read
Electric Vehicles

EV Maker Fisker Folds in a Troubled EV Market

Photo via Fisker Inc.

Fisker, the electric vehicle startup, filed for Chapter 11 bankruptcy Tuesday. The real surprise is that it stuck around as long as it did.

2 min read
Industries

When Will the Future Cities Get Here?

Photo illustration by Connor Lin / The Daily Upside, Photos via NEOM Newsroom, Dan Lundberg via CC BY-SA 2.0, Palácio do Planalto via CC BY 2.0, and Loriski via CC BY-SA 3.0

We check in on two planned smart cities in Saudi Arabia and Guyana to see if the future is any closer to arrival.

5 min read
Geopolitics

My Kingdom for a Sport: Saudi Arabia Goes All in on Athletics

Photo illustration by Connor Lin / The Daily Upside, Photos by EKSRX via CC BY 2.0 and Upklyak via Freepik

Why is Saudi Arabia spending a king’s ransom on sports? The Middle East powerhouse doesn’t care if you call it sportswashing.

6 min read
International Economics

Saudi Arabia Now Top Among Sovereign Wealth Fund Spenders

Photo by Ekrem Osmanoglu via Unsplash

A report released Monday by data platform Global SWF showed sovereign wealth spending in 2023 dropped 20% from the previous year.

1 min read
Energy

OPEC+ Is Losing Market Share as Oil Demand Starts to Slip

Photo by Simone Hutsch via Unsplash

OPEC+ now controls just 51% of the global oil market, good for the smallest share since the group’s creation in 2016.

2 min read
International Economics

Oil Leaps, Shekel Falls After Israel Declares War

(Photo by Alex Simpson on Unsplash)

Crude oil prices jumped to $89 a barrel as Hamas’s attack on Israel drove concerns of wider conflict across the oil-rich Middle East.

2 min read
OP-ED | Power Corridor

Oil Targets $100, Weighing on U.S. Presidential Election

Energy prices are spiraling higher – what could it mean for 2024?

3 min read
International Economics

The West is Touting a New Trade Route That Bypasses China

(Photo Credit: Johannes Plenio/Unsplash)

2 min read
Media & Entertainment

The Saudis Elbow-Strike Their Way into MMA

Image Credit: iStock, PaSta77

1 min read
Markets

SoftBank’s Plans for Arm Revive IPO Interest Among Tech Peers

(Photo Credit: Miki Yoshihito/Unsplash)

2 min read
Energy

Saudi-led Bloc Blocks G20 Fossil Fuel Deal

Photo by Chris LeBoutillier on Unsplash

2 min read
OP-ED | Power Corridor

The State of Democracy, in America and Beyond

Rotunda that displays the Declaration of Independence in Washington.

Much has changed since the Declaration of Independence – and much has not.

3 min read
Industries

Aston Martin Strikes Battery Deal with EV Startup Lucid

(Photo Credit: Thibaut Nagorny/Unsplash)

2 min read
Finance

Masayoshi Son Says SoftBank is Ready for Business Again

(Photo Credit: Miki Yoshihito/Unsplash)

2 min read
Media & Entertainment

The Wider World of Sports: Upstart Sports Leagues are Putting up a Fight

6 min read
Industries

The Pentagon Wants to Play Quick Draw with its Weapon Sales

(Photo Credit: Gregwest98/Flickr)

2 min read