Saudi finance minister says investments in Iran can happen ‘quickly’

Tehran and Riyadh recently agreed to restore diplomatic relations under the auspices of China

US judge allows PGA tour to sue MBS-led sovereign wealth fund

MbS has used the PIF as an integral asset to overhaul Riyadh's dependency on oil

PGA tour adds Saudi wealth fund to lawsuit against LIV Golf

PGA accused LIV of encouraging several players to breach their contracts with multi-million dollar deals

Investment in Saudi startups reached $1bn in 2022

Saudi Arabia achieved the highest growth of venture capital funding among top Gulf countries last year, amounting to a 72 percent increase from 2021

Saudi-funded LIV Golf accused of exploiting lawsuit to acquire data on 9/11 victims

The kingdom has previously used its resources to spy on US citizens and bolster its narratives via non-political entities

Turkey in final stages of talks for up to $10bn funding from Qatar: Report

One of the officials said the total funding could take the form of a swap, Eurobond or other method

Saudi Arabia signs investment deals with Uzbekistan worth $12bln

Over the past year, the kingdom has begun looking east for its investments as US influence in West Asia continues to drop

MbS-Kushner investments could complicate vital Saudi regional diplomacy

The Saudis need to choose: Will it be regional stability with Tehran or regional cooperation with Tel Aviv? Riyadh cannot have both.

US congress investigates Saudi investment in Jared Kushner’s firm

Donald Trump's son-in-law was one of the negotiators behind the normalization agreements signed between Israel and several Arab nations in 2020

No-strings aid from Saudi Arabia is changing, finance minister says

The Saudi finance minister didn’t specify what conditions his government might attach to financial assistance in the future

Saudi military industry to contribute $25bn to GDP by 2030

The kingdom spent nearly $1 billion on research and development in the military industry in 2021 and 2022

MbS signs $30 billion cooperation agreement with South Korea

MbS is currently on a tour of East Asia, in alignment with Saudi Arabia's decision to lean eastwards for economic expansion

Saudi Arabia pledges $2.5bn to ‘Middle East Green Initiative’

Saudi Arabia is increasingly looking to diversify its economy away from oil

Saudi Arabia to invest $24Bln in five neighboring countries

The Saudi fund seeks to double its assets to about $1.1 trillion by 2025 and $2.7 trillion by 2030

Saudi Arabia launches initiative for further economic diversification

Efforts by the kingdom to diversify its economy with new infrastructure projects, as well as tourism and other markets, have forced over a million citizens from their homes

Over a million Saudi citizens forcibly displaced in Jeddah to make way for extravagant project

The kingdom recently convicted several tribesmen to death for resisting the forced eviction from their lands

Saudi prince poured $500mln into Russian companies at Ukraine war’s onset

Mere weeks after the Kingdom Holding Company invested hundreds of millions in Russia's energy giants, Saudi Arabia's Public Investment Fund acquired a 16.8 percent stake in the company

Saudi Crown Prince invested two billion in Kushner’s private equity firm

Kushner defended MbS in 2018 following the brutal murder of Washington Post journalist Jamal Khashoggi

US intelligence chief blocks federal court case involving Crown Prince Mohammed bin Salman

The unusual intervention alleges that “exceptionally grave” damage could be done to US national security if classified information is revealed

Syrian sanctions relief: An ‘American trick’

The temporary lifting of Washington's sanctions on earthquake-stricken and war-torn Syria is 'misleading' at best, and stands in the way of relief efforts.

Exclusive: The hidden security clauses of the Iran-Saudi deal

The Cradle reveals confidential clauses of the agreement struck between Tehran and Riyadh, which was reached courtesy of Beijing.

Will Pakistan defy US sanctions to complete ‘Peace Pipeline’ with Iran?

Pakistan risks major financial setbacks if it fails to construct its part of a gas pipeline with Iran. Islamabad must follow India's lead in resisting US sanctions to secure vital national energy supply.

Dead on arrival: The west’s B3W initiative to rival China’s BRI

While Washington is focused on establishing rival 'global' projects to Beijing's Belt and Road Initiative, most of these drive profits and benefits right back to the United States.

EU inspectors launch probe against Lebanon’s central bank chief

According to European judicial documents, since 2002, Riad Salameh embezzled hundreds of millions in public funds using a shell company registered in the Virgin Islands

Predictions for 2023? Annus horribilis with some surprising upsides

The Cradle's writers offer up their predictions for 2023. The common theme is massive global shifts, some good, some bad.

Eurasia’s Middle Corridor: An Atlanticist frenzy to stifle Europe-Asia integration

Geopolitical interests between the Anglo-American establishment and the Sino-Russian-led axis will clash over the Trans-Caspian International Transport Route.

Abandoning Afghanistan is dangerous for its neighbors

Despite the Taliban's many shortcomings, only a unified, multilateral approach to negotiating with and recognizing the Islamic Emirate will safeguard the borders of neighboring states.

Chinese vice premier reaffirms respect for Iran’s territorial integrity

Despite international restrictions and sanctions, bilateral trade between Iran and China increased by nearly 20 percent in 2022

EU suspends intelligence cooperation agreement with Israel

The draft agreement was initially finalized in September, and ensures the facilitation of information between Europol and Tel Aviv

European firms invest $171 billion in Israel’s illegal settlements: Report

Israel has illegally expanded its territory since the 1967 Arab-Israeli war and built settlements in the occupied West Bank and East Jerusalem for over 700,000 settlers