INVESTMENT

Report Looks at Surging Role of Sovereign Wealth Funds in GCC Economies

swf-growth-gcc
A recently-released joint publication from the Sovereign Wealth Fund Institute (SWFI) and Marmore Mena Intelligence examines the growing role of sovereign wealth funds (SWFs) in GCC economics.

Saudi Arabia

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Saudi Stock Market

The “Halo Effect” of Saudi Arabia’s EM Arrival

To date, the MENA region has accounted for approximately 1.8% of the MSCI EM Index, through the United Arab Emirates (UAE), Qatar and Egypt. With Saudi ...

 

ETF Activity

Saudi Arabia on Track to Outpace India at Top of ETF Ranking

Inflows to Saudi shares are expected to keep growing as MSCI Inc. and FTSE Russell add some of the kingdom’s biggest companies to their main ...

 

Oil Reserves

BP raises Saudi oil reserves 12% in first big change in 30 years

BP has raised estimates for Saudi Arabia’s crude oil reserves by 12%, marking the first major change to the country’s estimated reserves since 1989. ...

 

Houthi Attack

Houthi missile attack on Saudi airport ‘injures 26’

The Saudi-led military coalition vowed to respond firmly to a missile attack by Yemeni Houthi forces on a civilian airport in southern Saudi Arabia on ...

 

Saudi Aramco

Saudi Aramco reports 2018 net income of $111.1 billion

Saudi Aramco reported on Wednesday a net income attributable to shareholders of $111.1 billion in 2018, up from $75.9 billion the year before, according to ...

 

Oil Exports

Saudis Heed China Request for More Oil as Supplies Squeezed

The world’s biggest oil exporter seems willing for now to satisfy Chinese requests for extra crude as supplies are squeezed elsewhere. At least one Chinese customer ...

 

U.S.-Saudi Relations

Trump’s arms deals benefiting Saudi Arabia to face their first test in Congress

House Democrats on Wednesday will launch their bid to block the Trump administration from completing 22 arms sales largely benefiting Saudi Arabia, but hurdles in ...

 

Jamal Khashoggi

U.S. pushes for Saudi progress on Khashoggi probe before anniversary of killing

The Trump administration is pressing Saudi Arabia to show “tangible progress” towards holding to account those behind the killing of Saudi journalist Jamal Khashoggi and wants ...

 

Defense

The Saudi-Made Smart Bomb and Riyadh’s Quest for an Independent Defense Industry

Taken together, these deals could drastically enhance Saudi’s indigenous defense industry, combining specialized knowledge with manufacturing capacity. A self-reliant military industry would Saudi obvious economic ...

 

Telecom

Buying Craze for Saudi Telecom Stocks Has Analysts Frowning

Two Saudi Arabian telecom stocks have delivered the best returns in the nation’s equity market this year in a rally spurred by retail investors betting ...

 

Cyber Security

Saudi Arabia’s cybersecurity industry to be valued at $5.5bn by 2023

This year alone will witness the rise of the cybersecurity market value to $3 billion as more investments are being made in the sector. ...

 

Saudi Workforce

25% increase in Saudi workforce in retail and wholesale business

The total number of employees in this sector were 2,049,245 consisting of 1,609,401 expatriates including 28,520 women. ...

 

Saudi Oil Reserves

BP raises Saudi oil reserves 12% in first big change in 30 years

BP said Saudi Arabia’s proved oil reserves were revised to 297.7 billion barrels at the end of 2018 from 266.2 billion a year earlier, only ...

 

Saudi +

Regional and related topics

OPEC+

OPEC Still Gridlocked on Meeting Date Amid Iran-Saudi Schism

Whether the group decides to gather at the end of this month or in July, there are currently no challenges to reaching an agreement, with ...

 

Digital Transformation

The Political Ramifications of the Gulf’s Digital Transformation

Artificial intelligence, blockchain, and financial technology, or fintech, are now viewed as promising pathways toward alleviating cost and budget pressures and supporting economic diversification. ...

 

Energy Technology

Anything That Can Be Digitized Will Be. The Oil and Gas Industry Should Be On Alert.

As many as 10 distinct technologies are likely to disrupt the oil and gas sector: analytics, artificial intelligence, augmented/virtual reality, mobility, robotics, cloud computing, the ...

 

Sudan

Envoy says Sudan talks to resume as strike suspended

Sudan’s military and opposition groups have agreed to resume talks on the formation of a transitional council, an Ethiopian envoy said on Tuesday, as an ...

 

Turkey

Russia plans to deliver S-400 missiles to Turkey within weeks

Russia said on Tuesday it plans to deliver its S-400 missile defense systems to Turkey in July, setting the clock ticking on a U.S. threat ...

 

Peace and Prosperity Conference

Egypt, Jordan, Morocco to attend US-led Palestinian conference

Egypt and Jordan’s participation is considered especially important since historically they have been key players in Israeli-Palestinian peace efforts and are also the only Arab ...

 

DOD Policy

Mideast Strategy Should Heed Global, Regional Needs, Defense Official Says

Any changes in the U.S. posture in the greater Middle East will hew to the National Defense Strategy and will be "globally mindful while being ...

 

Iran

Japan PM Shinzo Abe in Tehran to defuse US-Iran tensions

Shinzo Abe arrived in Tehran on a mission to ease tensions between Iran and the U.S., becoming the first Japanese prime minister to visit since ...

 

Yemen Civil War

Cholera surge stalks Yemen’s hungry and displaced

In the last two weeks Dr Asmahan Ahmed has seen a surge in suspected cholera cases arriving at her health center in Abs, a small, ...

 

Israel

How the battle of bra-baring waitresses and ultrareligious protesters explains Israel’s political crisis

Military exemptions for the Haredim have been around since the birth of Israel. In 1949, the country’s founder, David Ben- Gurion, granted them for 400 religious ...

 

Syria

Syria says Israel hit military position in country’s south

Syria’s state-run news agency says Israel has attacked a military position in southern Syria, causing material damage. SANA said that during the Wednesday morning attack on ...

 

Bahrain

Bahrain is sinking a Boeing 747 for an underwater theme park

What's the most extreme theme park in the world? There are quite a few that can be added to the list. Bahrain however, wants to ...

 

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