Both Saudi Arabia and Qatar have demonstrated their interests in investing in Uzbekistan’s economy and infrastructural projects in different fields. Doha and Riyadh’s investments in the Uzbek market confirms how Central Asia has become attractive for Gulf Arab monarchies since the region plays a strategic role in connecting Europe and Asia.
Iran and Saudi Arabia have taken significant steps towards improving their diplomatic relations by appointing respective ambassadors to Tehran and Riyadh. This development marks a historic milestone in the restoration of relations between the two countries.
The progression of Saudi Arabia’s nuclear energy initiative has prompted speculation within the international community. As the world’s foremost petroleum producer, the nation’s decision to engage with nuclear power facilities may seem unanticipated.
Oil transactions between Saudi Arabia and China could be denominated in the Chinese yuan, a significant development in the evolving international economic and geopolitical landscape. If this move happens, it could have far-reaching implications for the US dollar's status as the dominant global currency, as well as for US-Saudi relations and broader regional dynamics in the Middle East.
Recent negotiations between Saudi Arabia and Uzbekistan on investment cooperation confirmed Riyadh's strategy in Central Asia based on financial support to local governments' infrastructural projects and humanitarian aid.
Iran and Saudi Arabia, longtime regional rivals, have agreed to resume friendly diplomatic relations and reopen their embassies after Chinese-led negotiations in Beijing. The two governments announced the agreement via their respective state media agencies and China's Xinhua News Agency.
Chinese President Xi Jinping is paying an official visit to Saudi Arabia to affirm Beijing's influence in the Gulf and contrast the U.S. presence in the region.
The forthcoming first Arab – China summit scheduled in Saudi Arabia confirms Beijing's interests in the Gulf Arab monarchies and the Middle East and Riyadh's strategy of diversifying its political and commercial partners and decreasing its dependence on the United States.
The recent phone conversation between the President of Russia and the Crown Prince of Saudi Arabia might be interpreted as the Kremlin's move to counter the recent U.S. President Joe Biden's official visit to Riyadh.
Recent events in the Gulf underlined that while Saudi Arabia is focusing on the al-Mahrah province on the border with Oman to ease its access to the Indian Ocean, the UAE is getting hold of the essential Yemenite islands, with the most relevant being Socotra.