OIL MARKETS

End of U.S. Waivers on Iranian Oil Looms Large on Future OPEC Output Quotas, Jadwa Says

Organization of the Petroleum Exporting Countries along with Russia and its allies will curb oil output by a collective 1.2 million barrels a day.
A recently released report by Jadwa Investment examines the potential impact of the decision by the Trump administration to not extend all waivers on Iranian oil beyond May 2nd.

Saudi Arabia

News, analysis, and more

FDI

Saudi Arabia Plans Further Market Deregulation to Boost Foreign Inflows

Mohammed bin Abdullah Elkuwaiz, chairman at Saudi Capital Market Authority, discusses plans to boost foreign inflows into Saudi Arabia's stock market, including the next stage ...

 

Investment

Wall Street is looking for opportunities in Saudi Arabia says Mohammed Al-Jadaan

The finance minister of Saudi Arabia told CNBC that a recent fall off in foreign investment to his country will end as Wall Street money ...

 

Vision 2030

Implementing Saudi Arabia’s Vision 2030: An Interim Balance Sheet

Some of the most visible progress has been in improved governance, including the increased efciency of government agencies. ...

 

National Oil Companies

New data on governance of national oil companies: Why transparency and oversight matter

Decisions about how to manage NOCs matter a lot; economies in resource rich countries can rise or fall based on what these companies do and ...

 

Debt Finance

Saudi Arabia further extends debt curve with new 30-year sukuk

Saudi Arabia has further extended its domestic debt curve with a debut issuance of riyal-denominated sukuk, or Islamic bonds, with a 30 year maturity, its ...

 

Venture Capital

Saudi General Investment Authority Launches Venture Capital Platform

The Saudi Arabian General Investment Authority (SAGIA) launched on Wednesday VENTURE by Invest Saudi, a new initiative aimed at attracting global venture capital firms to ...

 

Economy

Saudi Arabia’s Dream Of $85 Oil Is Closer Than Ever

Things are starting to look good financially for Saudi Arabia again - very good. The de facto OPEC leader and world’s largest oil exporter said ...

 

United Nations

U.N. rights boss condemns Saudi Arabia’s beheading of 37 men

The U.N. human rights chief on Wednesday condemned the beheadings of 37 Saudi nationals across the kingdom this week, saying most were minority Shi’ite Muslims ...

 

Riyadh Renewal

Hill Int’l wins two of King Salman-backed $23bn Riyadh projects

Hill International, which counts King Abdullah Financial District and Muscat International Airport among its portfolio, is focusing much of its GCC resources on Saudi Arabia ...

 

BlackRock

BlackRock to Open Saudi Office as Fink Scouts for Mideast Deals

BlackRock Inc. plans to open an office in Saudi Arabia as the world’s largest asset manager seeks investment opportunities in the kingdom and wider Middle ...

 

Banking Licenses

Credit Suisse granted Saudi banking licence

"The last three licenses, one of which today was announced by the minister of finance, took less than a month," Ahmed Alkholifey said at a ...

 

Spanish Football

Spanish FA considers playing Super Cup in Saudi Arabia

This year's Italian Super Cup was played in Saudi Arabia as part of a multi-year deal worth more than 20 million euros ($22 million). ...

 

Saudi +

Regional and related topics

U.S.-Iran

Iran’s foreign minister believes Trump does not want war, but could be ‘lured into one’

Zarif said a so-called “B-team,” including Trump’s national security adviser John Bolton, an ardent Iran hawk, and conservative Israeli Prime Minister Benjamin Netanyahu could goad ...

 

IRGC

US grants exemptions to sanctions on elite Iranian military unit

The State Department on Wednesday put in place two carve-outs to the recently announced sanctions against Iran’s Revolutionary Guard Corps (IRGC) that mean foreign governments, ...

 

ME Security Agreements

Cooperative Security in the Middle East: History and Prospects

As Administration officials continue to consult with regional partners on the formation of MESA, many obstacles appear to exist, including ongoing disputes among its prospective ...

 

Belt and Road

Belt and Road forum: China’s ‘project of the century’ hits tough times

The three-day forum starting on Thursday is meant to promote Chinese leader Xi Jinping’s “project of the century”, a foreign policy initiative launched in 2013 ...

 

Anti-ISIS Campaign

Iraq Proposes “Pay-To-Prosecute” for IS Foreign Fighters

Iraq has detained an estimated 20,000 persons in connection with IS since 2014, most of them since 2017, and half of that number have at ...

 

Islamic State

Factbox: After ‘caliphate’ defeat, Islamic State is down but not out

Its involvement is not always proven, but even if the link is ideological rather than operational, Islamic State still poses a security threat in many ...

 

Iran Sanctions

Hezbollah Donation Boxes Show Trump’s Sanctions Are Hurting Iran

The International Monetary Fund says Iran is staring at its deepest recession since 2012, when U.S. sanctions imposed under Barack Obama peaked. ...

 

Softbank

Saudi-backed SoftBank invests $125 million in Alphabet venture to put cellphone antennas in the sky

A SoftBank Corp. business seeking to find a way to fly cellphone antennas high in the atmosphere to provide internet in underserved areas said on ...

 

UAE

Opinion: The UAE evolves into a ‘smart’ power

These Asia-Africa strategies have glued together commercial, diplomatic and security interests, marking a new chapter in the UAE’s diplomatic journey. ...

 

France

Inquiry opens into leaked classified ‘French weaponry in Yemen’ note

French authorities have opened an investigation into the leaking of a classified military note which revealed French weapons are being used by the United Arab ...

 

Egg Incubators

The Egyptian Egg Ovens Considered More Wondrous Than the Pyramids

Aristotle and Diodorus were referring to Egyptian egg incubators, an ingenious system of mud ovens designed to replicate the conditions under a broody hen. ...

 

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