World’s Largest Fund Manager BlackRock Opens Office in Saudi Arabia

Kingdom Tower
BlackRock Inc, the world’s largest fund manager, has opened an office in Saudi Arabia, pushing ahead with plans to capitalize on the government’s ambitious reform agenda.

Saudi Arabia

News, analysis, and more

Aramco IPO

A look at Saudi Aramco’s much anticipated, delayed IPO

As Aramco moves toward a possible IPO in the coming years, a new board chairman was named this week in an effort to put distance ...


Oil Markets

Saudis Lean on Oil-Trading Contacts in Push to Become Big in LNG

Saudi Aramco, the world’s most profitable company, is trying to break into the fledgling market for liquefied natural gas trading. To do so, the state-owned ...


Saudi Oil Policy

Analysis: What Is Saudi Arabia’s Best Oil Strategy?

While Saudi Arabia may interpret signs of fragility on the US oil patch as evidence of the success of its policies, the tendency has been ...


KSA Sports

A ‘kingdom of sports’ is underway in Saudi Arabia, with the help of the U.S.

In July, GSA announced that the country will be providing a $650-million-boost to the sector. In a statement on the matter, officials said the financial and ...



Extreme-sports star hails the transformation of Saudi Arabia

The tourism mega projects that are underway in Saudi Arabia will change the world’s perception of the Kingdom, according to extreme-sports athlete Jokke Sommer. The ...


M&A in KSA

Overview of Public Merger & Acquisition Regulations in the Kingdom of Saudi Arabia

Since the introduction by the Capital Market Authority (the “CMA”) of the Kingdom of Saudi Arabia (the “Kingdom”) of the amended Merger and Acquisition Regulations ...


Saudi Aramco IPO

Saudi Aramco signs MoU with China’s Zhejiang Free Trade Zone

Oil producer Saudi Aramco signed a memorandum of understanding (MoU) with China’s Zhejiang Free Trade Zone in eastern China to expand downstream investment, the company ...


Back to School

It’s back to school for 6 million students

About six million students in all the 13 administrative regions of the Kingdom will go back to schools tomorrow (Sunday) after a lengthy summer vacation ...


Youth Exchange

US exchange a ‘turning point’ for Saudi students

The Saudi students, the 14th group to take part in the scheme, will be hosted by families in states including Tennessee, North Carolina, Georgia, Illinois, ...



Fund manager BlackRock opens office in Saudi Arabia

BlackRock, with oversight of more than $6.4 trillion in assets, is widely followed by investors and economists for its influence at many of the world’s ...


Saudi +

Regional and related topics

Yemen Civil War

Yemen’s government starts indirect talks with southern separatists in Saudi Arabia – officials

“Indirect talks have started between the government and the STC (Southern Transitional Council separatists) via the Saudi side,” a senior Yemeni official, who declined to ...


Taliban Talks

Mike Pompeo Declines to Sign Risky Afghan Peace Deal

But the deal doesn’t ensure several crucial things, those familiar with the discussions tell TIME. It doesn’t guarantee the continued presence of U.S. counterterrorism forces ...



US-Turkey ‘safe zone’ in Syria off to a good start, says Kurdish official

The creation of a so-called “safe zone” in northeastern Syria has gotten off to good start, with U.S.-backed Kurdish-led forces pulling back from a small, ...


'Rewards for Justice'

US offers cash to tanker captains in bid to seize Iranian ships

According to US officials, the US has recently started using the programme in its efforts to target Iran’s Islamic Revolutionary Guard Corps, and will offer rewards ...


Iran Sanctions

US dismisses French plan to ease Iran tension and piles on economic pressure

The US state department has shrugged off a French initiative aimed at defusing tensions with Iran, and stepped up economic pressure once more, offering a ...



Turkey plans to return 1 million Syrians, warns of new migrant wave in Europe

Turkey plans to resettle one million refugees in northern Syria and may reopen the route for migrants into Europe if it does not receive adequate ...


Yemen Civil War

Australia may be complicit in war crimes if it supports Saudi-led coalition in Yemen

A UN panel of experts has published a list of 160 politicians and military officers who could face war crimes charges, including from Saudi Arabia, ...



Ghani Accepts Afghan Security Chief’s Resignation, Vows ‘Zero Tolerance For Civilian Casualties’

President Ashraf Ghani says he has "regretfully" accepted the resignation of the head of Afghanistan's main intelligence agency after four members of a family were ...


Taliban Talks

Taliban suicide bombing kills 10 near US Embassy in Kabul

A Taliban suicide car bomb rocked Kabul on Thursday, killing at least 10 civilians in a busy diplomatic area that includes the U.S. Embassy — ...


Arms Sales

US ratchets up focus on incentivizing arms exports to allies

The move follows a new policy by the Trump administration aimed at pulling countries still using Soviet-era equipment into the United States’ sphere of influence ...



‘Allergic’ to High Rates, Erdogan Locks In on 5% Aim for Economy

Erdogan, who advocates an unorthodox theory that high interest rates cause rather than curb inflation, made clear that easier monetary policy will be the centerpiece ...



Opinion: A US-Iran deal may play a role in Israel’s election and Netanyahu’s future

There has been some speculation in Israel that Netanyahu may be willing to go along with a Trump-Rouhani bargain of some sort if Trump signals ...


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