FUTURE INVESTMENT INITIATIVE

The Star-Studded Line-Up of Speakers for October’s Future Investment Initiative (FII)

FII
The Saudi Arabia's Public Investment Fund (PIF) annual Future Investment Initiative conference has listed an impressive roster of confirmed speakers for the event, taking place on October 23-25 in Riyadh.

Saudi Arabia

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Saudi Aramco Investment

Aramco Weighs $1 Billion Venture Capital Fund For Tech

Aramco already invests in startups and high-growth firms in the energy space via its $500 million Saudi Aramco Energy Ventures fund and the Aramco Entrepreneurship ...

 

Saudi Oil Policy

In Response to Trump, Saudis Ramp Up Oil Exports Into the U.S.

Saudi oil shipments into the U.S. reached a four-week average of one million barrels a day last week for the first time since late 2017, ...

 

Hajj: 2018

More than a million pilgrims have left Saudi Arabia after Hajj

The General Directorate of Passports said that out of 1,758,722 foreign pilgrims, 1,001,783 had departed as of 4pm on Sept. 6, 19 days after the ...

 

War in Yemen

Saudis admit error over deaths of second group of Yemeni children

The Saudi-led coalition fighting to defeat Houthi rebels in Yemen has again admitted that its bombing campaign may have hit civilians, the second time in ...

 

Saudi Taxis

Ride-sharing apps end ‘good days’ for taxi drivers in Saudi Arabia

Abdullah Al-Mutairi, spokesman for the Public Transportation Authority (PTA), told Arab News that there are more than 250,000 Saudi drivers using ride-sharing applications, and the ...

 

Saudi Banks

Saudi Banks Capital, Reserves Jump 6.3% in 2017

The 54th SAMA Annual Report has proven the stability of the financial sector in Saudi Arabia, marking a 6.3 percent growth in the local banks' ...

 

Saudi Stock Market

Saudi extends losses on emerging market turbulence

Saudi stocks extended losses on Thursday after a 3 percent plunge a day earlier, as investors were rattled by turbulence in emerging markets, while other ...

 

Women Drivers

Safety first for Saudi women as they get behind the wheel

While carmakers in the region are gearing up to rev up sales with the influx of additional drivers, women who are embracing the opportunity seem ...

 

SANG

American pilot dies, Saudi trainee injured in chopper crash in Riyadh

An American pilot working with Saudi Arabia's National Guard was killed and his Saudi student trainee injured when their helicopter crashed in Riyadh on Thursday, ...

 

Drone Championship

Saudi to host International Drone Championship finals next week

The DRL Championships will bring top racers from around the world, including the United States, France, Germany, and the Netherlands. The participants will compete in ...

 

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Regional and related topics

U.S.-GCC

Trump shelves Gulf talks until next year

Officials say President Trump’s packed travel schedule before November’s midterm elections has forced the administration to postpone the summit, marking the second time this year ...

 

GCC Defense Spending

Gulf states’ defence budgets to hit $100bn in 2019: report

Jane's predicted defence spending by GCC countries will continue to increase in the next five years and is likely to reach $117bn by 2023. ...

 

Syria

Iran, Russia, Turkey presidents meet in a high stakes summit

The presidents of Iran, Russia and Turkey met in a high stakes summit in Tehran on Friday to discuss the future of Syria as a ...

 

Syria

U.S. has seen evidence of Syria preparing chemical weapons in Idlib – envoy

There is “lots of evidence” that chemical weapons are being prepared by Syrian government forces in Idlib in northwest Syria, the new U.S. adviser for ...

 

Syria

Commentary: The Idlib offensive could create a major refugee outflow—What should Turkey do?

In addition to its local population, Idlib is home to large numbers of civilians and rebel groups forcefully evacuated from other parts of the country ...

 

Yemen Civil War

Yemen peace talks on hold as U.N. mediator awaits Houthi team

U.N.-mediated Yemen peace talks hung in the balance as the government delegation warned that it would leave on Friday if representatives of the Houthi movement ...

 

Egypt

Egypt announces massive budget to develop Sinai

The Egyptian government announced on Aug. 28 a massive budget worth 275 billion Egyptian pounds ($15.4 billion) to carry out developmental projects in the Sinai ...

 

OPEC

OPEC, non-OPEC panel to discuss sharing oil-output boost

An OPEC and non-OPEC technical committee will next week discuss proposals for sharing out an oil-output increase, sources familiar with the matter said, a tense ...

 

Saudi-Qatar

An Unlikely Victim of Saudi Arabia’s Dispute With Qatar: TV Rights

The Saudi government has declared beoutQ illegal, and authorities have confiscated its set-top boxes, but beIN and sports organizations say not enough is being done. ...

 

Iran

Iran Vows to Reach ‘More Advanced’ Nuclear Levels if International Deal Falls Apart

“We will not return to previous levels if our counterparts leave the JCPOA [Joint Comprehensive Plan of Action – known commonly as the Iran nuclear ...

 

Africa

‘Season of Peace’ Blooms as Red Sea States Agree to Rebuild Ties

The Red Sea states of Eritrea and Djibouti agreed to normalize relations, a further sign of what Eritrea’s president called a “season of peace” in ...

 

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