Tuesday, November 04, 2025

Saudi Arabia’s state oil company reports surprise $28B profit

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Saudi Arabia’s state oil company reports surprise $28B profit

The results are vital for Riyadh’s multi-trillion-dollar plan to diversify the country’s economy away from oil.
Aramco’s oil field in the Empty Quarter, Shaybah, Saudi Arabia.Hamad I Mohammed/Reuters

UAE telecom customers mine Bitcoin through phone plans

The Emirates have embraced the virtual assets industry, introducing regulations that have attracted some of the world’s biggest exchanges.

Saudi carbon market projected to double in 2026

The CEO of carbon trading platform Saudi Arabia’s Voluntary Carbon Market Co. expects 20 million credits will be traded next year.

‘Energy realism’ defines Abu Dhabi’s ADIPEC

The world is entering an era of explosive growth in energy demand, said the UAE’s Minister of Industry and Advanced Technology Sultan Al Jaber.

Microsoft expands in UAE with $15.2B in investment

The tech giant is exporting advanced Nvidia chips to the Emirates, building data centers, and training one million people in technical know-how.
 

Microsoft ships Nvidia chips to UAE after US approval

Updated Nov 3, 2025, 2:40pm PST
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US President Donald Trump meets United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan
Brian Snyder/Reuters

The US government gave Microsoft the green light to ship Nvidia AI chips to the United Arab Emirates, the first such approval after the countries struck a deal over the advanced technology in May.

The American chip giant wants Washington to allow sales of a new generation of AI chips to China, but President Donald Trump reportedly rejected that request, siding with China hawks who argue the exports threaten national security.

— J.D. Capelouto 
 
 

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EA Acknowledges Risk Of Selling To Saudi Arabia, Claims It Will Retain Creative Control
Popular comment · Doubt.
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Latest comment · "We're being bought out by one of the wealthiest and most powerful institutions on Planet Earth, who has a proven track record of violent censorship, up to and including acts of enslavement, terrorism, and mass killings, but there's no way they're going to affect us. Pinky swear." EDIT: Thanks for locking this thread mods, way to go. Did the Saudis get to you, as well?
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30+ comments · 2 hours ago
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Olympics ends Esports plans with Saudi Arabia after just one year
Popular comment · They wanted full creative control. Saying both events will still coexist is just conformation its that.
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Latest comment · It seems like something is going on organizationally that is making this not work, but regardless e-sports will always be an odd fit for the olympics. Regardless of the legitimacy of competition, e-sports are so impenetrable for the most part to people who haven't invested a significant number of hours into the game. And I know there are people who follow e-sports without playing the game, but it doesn't compare to normal sports where most viewers have casual to no experience playing the sport themselves. And it doesn't have the same kind of "wow, look at that athleticism", that you get from other technical sports that viewers don't fully understand, but still appreciate that a triple backflip is cool (it's why when being pitched to non esport viewers people often bring up how many times they click per minute, which is honestly so silly). And now we're in an era where there isn't a clear good roster of e-sports. It used to be that lol, dota, cs:go, and StarCraft were understood to be the e-sports games (plus or minus one or two more, and I guess the fighting game scene). But this isn't nearly as clear anymore, there is much more of a boom and bust cycle, and many of the games that are now more popular aren't nearly as good for spectating as the roster above (though conversely are often good spectator experiences for watching streamers where you are only interested and invested in that single player's perspective). I guess I have this weird dread about when e-sports eventually gets it's weird push to be part of a "legitimate" sporting event, and I know it's going to be odd and unpleasant for everyone involved, both fans of e-sports and not.
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160+ comments · 1 day ago
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US President Donald Trump questioned Saudi Crown Prince Mohammed bin Salman’s insistence that normalization with Israel is tied to the establishment of a Palestinian state, saying he does not believe the Saudi leader is “serious” about the condition. Spea
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