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Waves of appointments by King Salman since 2017 have seen younger-generation royals and those from more remote branches of the ruling family appointed to prominent positions, in a break from previous monarchs’ habits

Saudi Arabia
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Saudi Aramco has increased the amount of proven gas reserves in the kingdom’s largest non-associated gas field by 15tcf, taking the total estimated resources at Jafurah to 229tcf

Saudi Arabia
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King Salman Bin Abdelaziz’s nine years on the throne have seen a concentration of power in the 88-year-old monarch’s immediate family – who are the subject of the latest GSN profile series – that is unprecedented in modern Saudi history. Other significant branches of the Al-Saud have gone into retreat as Crown Prince Mohammed Bin Salman has taken an iron grip on the kingdom

Saudi Arabia
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Khalid Bin Salman has been named chairman of the fast-growing state defence industry conglomerate in a reshuffle that reduced the size of Saudi Arabian Military Industries’ board to eight, while bringing in three new well-connected directors

Saudi Arabia
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In a $66.5m deal with Houston-headquartered Vaalco Energy, Saudi-Ethiopian businessman Mohammed Hussein Ali Al-Amoudi is selling Svenska Petroleum Exploration, his Sweden-based oil company that has been up for sale since bankruptcy proceedings were launched against Al-Amoudi’s Petroswede in early 2023

Saudi Arabia
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The Independent ran a series of interviews with Al-Saud family members in late February in an advertorial campaign to promote the $20m Saudi Cup horse race. GSN asks who was talking up the event and the background to the British newspaper’s partial Saudi ownership.

Saudi Arabia
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Growth in defence spending by Gulf Co-operation Council countries slowed significantly in 2023, but heightened tensions as a result of the Gaza war could prompt another acceleration in military outlays this year.

Saudi Arabia | Qatar
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The Saudi government’s Public Investment Fund has been signing contracts with more lobbying and communications specialists, as it continues to face political scrutiny over its investments in the United States.

Saudi Arabia
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None of the Gulf’s emerging ´middle powers’ have issued a detailed policy document setting out their approach to projecting soft power, even as they continue to spend extravagantly while drawing in investment and talent. Autocracies have no real need to orchestrate the sort of public debate that might follow, even if they regularly sound out local opinion via traditional diwans or more modern polling techniques — not to mention ever more pervasive surveillance of their citizens and others’ communications.

Saudi Arabia | United Arab Emirates (UAE)
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Plans by the Saudi state-owned Public Investment Fund to remodel the world of professional golf continue to cause controversy in Washington, where senators are taking a dim view of the fund’s approach to their inquiries. That is not denting the PIF’s sporting appetite though, with cycling, rugby and motorsport deals in the pipeline.

Saudi Arabia
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Deals signed at the World Defence Show with Lockheed Martin, Saab, Thales and other international companies highlight how Riyadh is continuing to push for more weaponry to be developed inside the kingdom.

Saudi Arabia
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Emir Sheikh Mishaal travelled to Riyadh on 30 January for talks with King Salman and Crown Prince Mohammed Bin Salman, further cementing the bilateral relationship. Mishaal then went to Oman in early February to attend the inauguration of Duqm refinery with Sultan Haitham.

Kuwait | Saudi Arabia | Oman
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Saudi Aramco said on 17 January it would increase the capital allotted to its global venture capital arm Aramco Ventures, from $3bn to $7bn over the next four years.

Saudi Arabia
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Royal Commission for Al-Ula chief executive Amr Bin Saleh Al-Madani has been arrested for money laundering and other offences, according to the Oversight and Anti-Corruption Authority (Nazaha), in a sign that the authorities’ patience with public servants enriching themselves is wearing thin.

Saudi Arabia
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The Saudi government has told Saudi Aramco to scrap a plan to increase its maximum production capacity to 13m b/d, as first announced in March 2020. It is not clear how much progress Aramco had made in pursuing the goal.

Saudi Arabia