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Melissa HancockFortune |
After a decade of dizzying investments, Saudi Arabia is now focused on domestic priorities.
Gulf states are now frontrunners in the AI race but competition will only intensify.
The windfalls Gulf sovereign wealth funds are poised to receive will offer a nicely timed boost to their balance sheets.
The five biggest spenders–split across Saudi Arabia, the UAE and Qatar–collectively spent almost $26 billion during March, April and May.
Dubai’s real estate market has often defied expectations.
The U.S.-Israeli war with Iran has triggered the largest oil supply disruption in history, accelerating Gulf diversification efforts and promoting...