Saudi Arabia Reasserts Control in Yemen
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Saudi Arabia has publicly accused the United Arab Emirates – a fellow Gulf Arab state and former partner in the Yemen war – of undermining its national security, an unusually blunt charge that exposes a rift long kept behind closed doors.
Saudi Arabia is starting 2026 with a benchmark-sized dollar bond, as it continues its rapid pace of international borrowing to help fund huge projects meant to diversify the economy from oil.
The confrontation threatened to open a new front in Yemen’s decadelong war, with forces allied against the Iran-backed Houthis possibly turning their sights on each other in the Arab world’s poorest nation,
ADEN, Yemen -- Saudi-backed forces spread across Yemen's Mukalla on Sunday after retaking the port city which was seized by southern separatists last month. The capital of Hadramout province was retaken by Yemen’s internationally recognized government following days of Saudi airstrikes.
Saudi Arabia plans to open its financial markets to all foreign investors from February 1, the Gulf country's market regulator said on Tuesday, as it eases rules to attract more money from abroad.
The Islamic kingdom is quietly loosening its laws against alcohol as part of a push to modernize and attract tourists.