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Saudia plans biggest jet order as it focuses on pilgrimage flights

Startup Riyadh Air is preparing to launch full service in the coming weeks, with the goal of becoming an upmarket business and tourist carrier

Syria taps Chevron, Qatar for offshore oil and gas exploration

The deal builds on Chevron’s growing Mediterranean portfolio, which includes the newly approved expansion of Israel’s Leviathan gas field

Gulf funds build future influence in backing Elon Musk’s ventures

The Mubadala fund is one of SpaceX’s largest investors, meaning the proposed merger would deepen its exposure to Musk by adding xAI’s assets

Qatar unveils $2 billion push for startups as Web Summit opens

The funds – Greycroft, Ion Pacific, Liberty City Ventures, Shorooq and Speedinvest – will open offices and help Doha develop as a technology hub

L’Imad takes over ADQ in shake-up of Abu Dhabi wealth funds

The three-year-old investment firm will now hold subsidiaries including Etihad Airways, Etihad Rail, Abu Dhabi Ports, McLaren and Modon

Quick Hits

SWITCHING SLOPES

Kazakhstan to host Asian Winter Games after Saudi setback

shopping spree

Saudia plans biggest jet order as it focuses on pilgrimage flights

The Daily Circuit: Saudia shops for new fleet + Etihad Rail spends $6.5B

coastal bet

Syria taps Chevron, Qatar for offshore oil and gas exploration

CAMEL ID

Saudi Arabia to saddle all its camels with their own ‘passport’

The Daily Circuit: Chevron to explore Syrian coast + QIA chip stake

TUNNEL VISION

Dubai unveils first 4 stations of traffic-busting Loop network

bigger batteries

Saudi Arabia emerges as a surprise leader in energy storage

The Daily Circuit: Saudi energy grid pivot + ADNOC’s dim sum bonds

Expanding Empire

Gulf funds build future influence in backing Elon Musk’s ventures

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