INVESTMENT

Saudi, Kuwait, UAE Agree to Give Bahrain $10b

bahrain-king-khalifa
Saudi Arabia, Kuwait and the United Arab Emirates have agreed to give Bahrain $10 billion to support the country’s funding requirements as it embarks on a fiscal program aimed at eliminating its budget deficit by 2022.

Saudi Arabia

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Oil

Oil Poised for Fourth Weekly Gain as Supply Concerns Persist

Oil is heading for the longest run of weekly gains since January on concern that higher Saudi and Russian output may not prevent a supply ...

 

Banking and Finance

Lubna Olayan, first Saudi woman to chair merged SABB, Alawwal Bank

The Saudi British Bank (SABB ) and Alawwal (First) Bank have agreed to appoint Lubna Suleiman Olayan, one of the members to be nominated by ...

 

Sports

Saudi football chiefs appoint first women board members

Saudi Arabia's Football Federation (SAFF) appointed women to the board for the first time in the Kingdom's history on Wednesday, and also named a new ...

 

Economy

Change in Saudi Arabia: Towards a Knowledge-Based Economy

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KAUST

KAUST, Lockheed Martin sign Master Research Agreement

Lockheed Martin, the global security and aerospace company, Thursday signed its first international Master Research Agreement with Saudi Arabia’s King Abdullah University of Science and ...

 

Entertainment

Saudi’s Al Hokair eyes VR investment at Gulf gaming zones

Saudi-based Al Hokair Entertainment plans major move within the global virtual reality gaming sector ...

 

Saudi Aramco

What Two Years of IPO Drama Reveals About Saudi Arabia’s Future

A little over two years ago, Saudi Arabia revealed plans to IPO part of its huge state-owned national oil company, Saudi Aramco. With a potential ...

 

Saudi Airlines

Saudi Arabian Airlines celebrates arrival of new Airbus jet

Saudi Arabian Airlines (Saudia) celebrated the arrival of its 30th and last 144-seat A320ceo single-aisle plane from the manufacturers in Toulouse, France, on Wednesday. ...

 

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Regional and related topics

Energy Policy

Facing the Dual Challenge of Energy Security and Climate Change: The Oman Example

To meet the dual challenge of energy security and climate change, the Gulf Arab states need a holistic understanding of energy systems when planning an ...

 

Egypt

Egypt Feels The Squeeze Of Higher Oil Prices

The country, however, continues to depend on imports for gasoline and diesel. Under a deal for loans from the International Monetary Fund (IMF), the country ...

 

Egypt

Blast at Egypt fuel depot kills one, injures others: sources

One person was killed and at least three others injured in a blast at a fuel depot on the outskirts of the Egyptian capital Cairo ...

 

Bahrain

Bahrain promised $10 billion of support from Gulf neighbors

Saudi Arabia, Kuwait and the United Arab Emirates have agreed to give Bahrain $10 billion to support the country’s funding requirements as it embarks on ...

 

Syria Civil War

U.S. Says Russia’s New Missiles in Syria Pose ‘Greater Risk,’ but Allies Say They’re ‘Not Bad’

U.S. officials have warned that Russia's delivery of the S-300 missile system to the Syrian armed forces could prove to escalate tensions in the war-torn country, ...

 

Iran Sanctions

China: Iran’s Lifeline to Overcome Oil Sanctions

Before introducing the mechanisms that provide cover for Chinese financial transactions to take place, it is worthwhile to examine the relationship between China and Iran, ...

 

GCC Economies

Perspective: Gulf states fear competition at their peril

For the GCC, this is the time to choose between competition and the lethargic waste of state-manipulated economies. Embracing competition, rather than fearing it, is ...

 

Iran in the Region

Analysis: Iran and the GCC

While much of the Middle East leadership sees Iran as an adept foreign policy actor, which has successfully increased its influence and leverage in Syria, ...

 

Iraq

Iraq’s New Leaders Seen as Technocrats, in a Break From Sectarian Politics

Both leaders, chosen by consensus in Parliament on Tuesday, were widely seen as capable technocrats. Mr. Abdul Mahdi, who will take the top job, is ...

 

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