Saudi Arabia
OPEC+ keeps oil output steady amid turmoil among members
A woman passes by a logo of Organization of the Petroleum Exporting Countries (OPEC) during the United Nations climate change conference COP29, in Baku, Azerbaijan November 13, 2024. Maxim Shemetov | Reuters OPEC+ kept oil output unchanged on Sunday after a quick meeting that avoided discussion of the political crises affecting several of the producer […]
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Yemen’s Aden airport shuts as Saudi-UAE rift deepens
A photograph shows damaged military vehicles, reportedly sent by the United Arab Emirates to support Southern Transitional Council (STC) separatist forces, following an air strike carried out by the Saudi-led coalition in the port of Mukalla, southern Yemen, on December 30, 2025. Stringer | Afp | Getty Images Flights at Yemen’s Aden international airport were […]
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Saudi Arabia issues national security warning as UAE forces asked to leave Yemen
A photograph shows damaged military vehicles, reportedly sent by the United Arab Emirates to support Southern Transitional Council (STC) separatist forces, following an air strike carried out by the Saudi-led coalition in the port of Mukalla, southern Yemen, on December 30, 2025. Stringer | Afp | Getty Images Saudi Arabia said on Tuesday its national […]
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Saudi Arabia eyes data embassies amid sovereign AI push. Here’s what we know so far
As countries race to build domestic data centers in the name of sovereign AI, Saudi Arabia is betting on a more creative idea: data embassies. A data embassy is where data is stored outside of a country’s physical borders but operates under its laws, much like a diplomatic embassy. The concept is not new. Estonia established the first data embassy in 2017 and there’s only been one […]
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Ray Dalio says Middle East is becoming a ‘Silicon Valley of capitalists’
Ray Dalio, founder of Bridgewater, speaking to CNBC at the Future Investment Institute 2025 summit in Riyadh on Oct. 28th, 2025. CNBC The Middle East is fast emerging as one of the world’s most powerful AI hubs, Bridgewater Associates’ founder Ray Dalio said Monday, comparing the region’s rise to Silicon Valley’s pull for all things […]
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CNBC Daily Open: What does Nvidia CEO see from his ‘vantage point’?
Jensen Huang, chief executive officer of Nvidia Corp., during a news conference on the sidelines of the APEC CEO Summit in Gyeongju, South Korea, on Friday, Oct. 31, 2025. SeongJoon Cho | Bloomberg | Getty Images Nvidia on Wednesday stateside reported fiscal third-quarter figures that beat analyst expectations (ironically, nothing unexpected there). It also provided […]
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CNBC Daily Open: Nvidia CEO suggests AI doesn’t look like a bubble
Jensen Huang, CEO of Nvidia, attends the U.S.-Saudi Investment Forum in Washington, D.C., U.S., November 19, 2025. Evelyn Hockstein | Reuters Nvidia on Wednesday stateside reported fiscal third-quarter figures that beat analyst expectations (ironically, nothing unexpected there). It also provided guidance for sales in the current quarter that exceeded estimates (all good still). It was […]
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Elon Musk’s xAI will be first customer for Nvidia-backed data center in Saudi Arabia
Tesla CEO Elon Musk (L) talks with Nvidia CEO Jensen Huang during the U.S.-Saudi Investment Forum at the Kennedy Center on Nov. 19, 2025 in Washington, DC. Win McNamee | Getty Images Nvidia and xAI said on Wednesday that a large data center facility being built in Saudi Arabia and equipped with hundreds of thousands […]
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Watch live: Trump speaks at U.S.-Saudi Investment Forum
[The stream is slated to start at 12 p.m. ET on Wednesday. Please refresh the page if you do not see a player above at that time.] President Donald Trump is speaking on Wednesday at the U.S.-Saudi Investment Forum in Washington, D.C. Trump’s appearance at the Kennedy Center comes a day after he hosted Crown […]
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Watch: Elon Musk, Jensen Huang talk AI at U.S.-Saudi Investment Forum
The stream was slated to start at 11:00 a.m. ET. CNBC Television will start the stream when the event begins. Please refresh the page if you do not see a player above. Tesla CEO Elon Musk and Nvidia CEO Jensen Huang will speak in Washington at the U.S.-Saudi Investment Forum Wednesday at The Kennedy Center. […]
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