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🟡 Semafor Gulf: ‘No Hajj without a permit’
In today’s edition: Bankers see more deal flow in Qatar and the UAE, Saudi deploys tech to keep pilgrims safe, and a slogan sparks a meme.
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Drones and air conditioning to keep pilgrims safe during Hajj
Saudi authorities are increasing their use of technology to protect Hajj pilgrims from the heat, with more than 1.8 million expected at the world’s largest annual religious gathering.
Saudi Press Agency/Handout via Reuters
Analysis: Another word for the Trump Doctrine — Pragmatism
President Donald Trump’s Middle East strategy is to abandon the lectures and embrace partnerships that benefit all sides.
Brian Snyder/Reuters
OPEC+ increases output again, potentially lowering prices
The oil cartel continued to increase output, as what once shocked markets is now becoming routine.
Maxim Shemetov/File Photo/Reuters
Abu Dhabi residents’ wealth leads to skyrocketing divorce settlements
Recent changes to UAE courts are bringing in a growing number of divorce cases, with more than 1,000 cases involving expats argued in Abi Dhabi in less than five years.
Emirates News Agency
Gulf countries look east and west for trade agreements
An inaugural summit of Southeast Asian countries, China, and the Gulf was held in Kuala Lumpur as countries look to counter economic volatility and US tariffs.
Hasnoor Hussain/Reuters
Syria signs first reconstruction deal valued at $7B
The deal comes weeks after US President Donald Trump decided to lift sanctions on Damascus, in a signal of a shifting regional order.
Yamam Al Shaar/Reuters
Trump bets on Gulf in unconventional Syria policy
Easing sanctions on Syria may pull Damascus into a Gulf-led regional realignment.
Israel accepts Gaza ceasefire proposal now under review by Hamas
Hopes for a pause in the conflict in Gaza have risen after a new ceasefire proposal was accepted by Israeli negotiators.
Analysis: Drones are rewriting the Gulf’s defense doctrine
An economist’s analysis of drone warfare reveals a clear strategy for the Gulf: offense is the best defense.
Ronaldo appears set to exit Saudi club Al Nassr
‘This chapter is over,’ Cristiano Ronaldo posted to X within hours of the Saudi Pro League’s season-ender.
Saudi’s AI company HUMAIN plans $10B venture fund
The firm is also planning to build out data center capacity worth as much as $77 billion, its CEO said.
The Syrian entrepreneur gunning to be Ukraine’s drone king
Khaled Alfaiomi is building a billion-euro factory and pitching combat-tested aircraft to NATO and Gulf buyers.
Qataris will finally get clarity on their holiday calendar
Qatar is the latest Gulf country to scrap the guessing game on when Islamic festivals will fall, releasing a calendar for both the public and private sectors.
Gulf airlines rake in record profits
The Gulf’s top three carriers all had record years in 2024, giving airlines confidence about where business is heading.
SolarWinds eyes Gulf growth in comeback
The Texas-based software company, which counts many government entities among its customers, is retooling for the age of AI.
Saudi Arabia launches global tourism industry event
The tourism business lacks a global platform to study trends and set priorities, Saudi Tourism Minister Ahmed Al Khateeb said during the launch of TOURISE.
Gulf’s first woman-led private equity firm closes debut fund
Aliph Capital, founded by Huda Al Lawati, raised $200 million and plans to invest in mid-sized Gulf companies.
OpenAI plans massive UAE data center project
The project is set to become one of the most powerful AI computing clusters, reaching a capacity of 1 gigawatt.