INVESTMENT IN SAUDI ARABIA

Saudi Arabia Allows Foreign Investors into Local IPOs, Hopes to List Aramco on Tadawul

MBS-mohammed-bin-salman
Foreign investors are now able to participate in initial public offerings (IPO) on companies listed on the Nomu (Parallel) market in Saudi Arabia.

Saudi Arabia

News, analysis, and more

Mohammed Bin Salman

A new era for Saudi Arabia?

In what The Independent called “his most direct criticism of Saudi Arabia’s conservative religious establishment to date” he told Maria Bartiromo of Fox Business Network: ...

 

Vision 2030

Saudi crown prince’s modernization drive: How real is it?

Bin Salman's strategy, Vision 2030, has looked stunningly ambitious since it was unveiled last year, at a time when he was still deputy crown prince ...

 

Saudi Oil Policy

Saudi Crown Prince Backs Extending OPEC Cuts Into 2018

Saudi Arabian Crown Prince Mohammed bin Salman backed the extension of OPEC production cuts beyond March 2018, making it all but certain the cartel and ...

 

PIF

Saudi Wealth Fund Aims To Double AUM To $400 Billion By 2020 – Discovers Leverage Boosts Returns

Saudi Arabia’s sovereign wealth fund, a key engine of the kingdom’s plan to diversify the economy, on Wednesday laid out new targets for growth, saying ...

 

Saudi Aramco IPO

Saudi Exchange aspires to be exclusive venue for Aramco IPO

Saudi Arabia’s stock exchange aspires to be the exclusive venue for the listing of Saudi Aramco’s initial public offering and the market has sufficient liquidity ...

 

Neom

New Saudi mega-city will be listed publicly, crown prince says

The $500 billion mega-city planned by Saudi Arabia will be floated on financial markets alongside oil giant Saudi Aramco as part of the kingdom’s drive ...

 

Neom

Why did a video showing the Saudi crown prince holding two phones go viral?

Prince Mohammed Bin Salman was using the devices, an old and a new phone, to depict the past and present in his discussion on NEOM, ...

 

Mnuchin in Saudi

Readouts from Secretary Mnuchin’s Bilateral Meetings in Saudi Arabia

U.S. Treasury Secretary Steven T. Mnuchin met with Saudi Finance Minister Mohammed Al Jadaan and Saudi Arabian Monetary Authority Governor Dr. Ahmed al-Kholifey. During their ...

 

Saudi-Iraq

Renewed Saudi-Iraq ties ‘to rival Iran’s influence’

A recent warming of ties between Saudi Arabia and Iraq could signal a move away from Iran's influence over Baghdad, analysts say, but with Prime Minister Haider ...

 

Yemen Civil War

U.S. Joins With Saudi Arabia, Qatar on New Yemen Sanctions

Treasury Secretary Steven Mnuchin said the U.S. would impose sanctions on alleged terrorism financiers in Yemen, targeting eight individuals and an organization for supporting the ...

 

Softbank Vision Fund

SoftBank’s Masayoshi Son talks A.I. and investment on Saudi panel

SoftBank CEO Masayoshi Son said Wednesday that his company's acquisition of ARM Holdings is just the beginning of an explosion in demand for semiconductors as ...

 

FII Conference

Saudi Arabia becomes first country to grant citizen ship to a robot

A humanoid robot took the stage at the Future Investment Initiative yesterday and had an amusing exchange with the host to the delight of hundreds ...

 

Saudi +

Regional and related topics

U.S.-Iran

Corker in talks with Cardin on Iran nuclear deal

Senate Foreign Relations Committee Chairman Bob Corker (R-Tenn.) said Wednesday he is working with his Democratic counterpart in the hopes of crafting a bipartisan plan ...

 

Saudi-Iraq

Tillerson’s Remarks and Saudi-Iraqi Meeting in Riyadh Worried Tehran

While Iranian officials play down the significance of Riyadh’s outreach to Baghdad, Iranian media outlets and analysts express the worry that the United States and ...

 

Airline Security

New Screenings Start for All U.S.-Bound Airline Passengers

New security screenings for all passengers on U.S.-bound flights began on Thursday, with airlines worldwide questioning flyers about their trip and their luggage in the ...

 

China in the Region

China’s Military Shift in the Middle East

In the past three years however, China’s approach to the Middle East has shifted, and the country seems intent on having a military footprint in ...

 

Global Oil Markets

Crises in Iraq and Iran Support Higher Global Oil Prices

Geopolitical tensions in Iraq and Iran are supporting already strong oil markets led higher by seasonally robust demand and production cuts by the OPEC and ...

 

Qatar

Qatar introduces minimum wage for first time

Qatar has committed to a range of labour law reforms, including the introduction of a minimum wage. Doha's record on migrant worker rights has been under ...

 

Terrorism Financing

US and Gulf nations target Yemen ‘terrorism’ financing

The United States and six Gulf nations have targeted 13 individuals they say are al-Qaeda and Islamic State (IS) group militants, in an action intended ...

 

Neom

Egypt and Jordan look to reap benefits from planned Saudi mega city

“Jordan stands to benefit greatly as its people will find new job opportunities and Aqaba will become a hub for the building of this project,” ...

 

Middle East Relief

US will stop funding ‘ineffective’ UN Middle East relief efforts in favour of faith-based groups, says Mike Pence

The Vice President launched a scathing attack on UN agencies at an annual dinner held by a Christian human rights organisation, saying they "often failed ...

 

Egypt

Egypt: Population jumps 16m people after 2011 revolution

Egypt’s population has increased by 16 million people after the 2011 revolution, the state-run Central Agency for Public Mobilization and Statistics (CAPMAS) revealed today. ...

 

United Nations

Saudi-Syrian Shouting Match Overshadows Iran Human Rights Report

A United Nations official threatened to call in security guards to calm a committee meeting on Iran’s human rights violations after delegates from Saudi Arabia ...

 

Power Passport

The world‘s most powerful passports: Singapore ranks number one, Germany number two

Singapore’s is now the world’s most powerful passport, according to Passport Index, a ranking compiled by global financial advisory firm Arton Capital. Singapore was previously ...

 

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