MSCI INCLUSION

Potentially Lucrative Decision for Saudi Arabia on MSCI Inclusion Today

Saudi Kingdom Tower Top Economy Riyadh
Saudi Arabia will hear news regarding its inclusion into MSCI, Inc.'s highly sought-after emerging market index, expanding the asset class by as much as $600 billion for the Kingdom.

Saudi Arabia

News, analysis, and more

MSCI Inclusion

A $600 Billion Decision Looms for Saudis, Argentina on MSCI

As MSCI Inc. decides whether to promote Saudi Arabia and Argentina to emerging-market status, expanding the asset class by as much as $600 billion, it’s...

 

Yemen Civil War

Saudi-led coalition displays Yemeni arms allegedly from Iran

Officials in a Saudi-led coalition battling Shiite rebels for control of a crucial port in Yemen on Tuesday displayed weapons captured on the battlefield that...

 

OPEC

Saudi struggles for Gulf oil producers’ support ahead of OPEC meeting

Saudi Arabia is struggling to convince fellow OPEC members including Gulf allies on the need to raise oil output, sources familiar with the talks said...

 

World Cup: 2018

Optimistic Saudi bikers follow low-ranked team across Russia

The Travelers have already clocked 3,500 kilometers (2,200 miles) on their journey. Their motorcycles were flown to Frankfurt, Germany, and they rode on to Poland,...

 

World Cup

Saudis put drubbing and plane scare behind them ahead of Uruguay game

As if a 5-0 World Cup thrashing by Russia had not shaken them enough, Saudi Arabia suffered a mini plane scare as they landed in...

 

Labor

Saudi Arabia’s Economic Revamp Means More Jobs for Saudis—If Only They Wanted Them

At a soon-to-open Nobu hotel in the Saudi capital, the sushi chef is on standby and a waterfall made of sand is nearly ready. One...

 

Women Drivers

In pictures: Driving lessons for Saudi women – BBC News

Reuters photographer Ahmed Jadallah and reporter Rania El Gamal joined some of the 200 women employees being taught at Saudi Aramco Driving Center in Dhahran. ...

 

Entertainment

Vox Cinemas brings popcorn and superheroes to 80 screens across Saudi Arabia

Majid Al Futtaim (MAF), the Dubai-based operator of malls and leisure facilities, is preparing a big roll-out of new cinema screens in the Kingdom....

 

Salwa Canal

Saudi Arabia moves ahead with Salwa canal plan

Five international companies with expertise in digging canals have so far submitted their tenders for the Salwa canal inside the territories of Saudi Arabia and...

 

Saudi +

Regional and related topics

U.S. Oil Reserves

U.S. Overtakes Saudi Arabia In Recoverable Oil Reserves

The U.S. added nearly 50 billion barrels in 2017 and now has an estimated 310 billion barrels of recoverable oil, which are equal to 79...

 

War in Yemen

Saudi-led coalition seizes Yemen’s Hodeidah airport

Though the coalition pledged to try to avoid battles in densely populated urban neighborhoods, the Houthis were well dug into Hodeidah as it constitutes the...

 

Iran Deal

Iran plays waiting game on future of nuclear deal

US President Donald Trump has twice in a month repeated a claim that Iran’s regional behavior has changed in a good way. Trump sees the...

 

Labor

A Ghost Army of Workers Is Paid to Do Nothing in the Gulf

Now, after years of lower crude prices, and increasingly aware that the oil will run out one day, Gulf rulers are seeking to repair public...

 

Libya

Clashes at Libya oil ports cut output by nearly half

The Ras Lanuf and Al-Sidra terminals have been closed since Thursday when armed groups attacked oil facilities held by forces loyal to military strongman's Khalifa...

 

Careem

Careem’s Mudassir Sheikha And Magnus Olsson On What’s Next For The MENA Unicorn

In a chat with Entrepreneur Middle East, the co-founders of Careem discussed the road ahead for the company, which includes presenting more affordable options in terms...

 

Syria

Common ground emerging on Syria constitution, more talks planned: U.N.

Senior officials from Iran, Russia and Turkey held “substantive” talks on Tuesday on how Syria’s constitutional committee will be set up and will function, and...

 

Turkey

Rocket attack in southeast Turkey kills 2 soldiers

Turkish officials say a rocket attack by Kurdish rebels on a military vehicle in southeast Turkey has killed two soldiers and wounded one other....

 

Iran

Perspective: Iran Telegram Ban Strangles Country Amid Struggling Economy, Protests

The disruption to millions of people’s daily lives in Iran caused by the Iranian Judiciary’s blocking of the popular Telegram messaging app on May 1,...

 

Cyber Security

Most Major US Agencies Are Now Feeding the Federal Cyber Threat Dashboard

A Homeland Security Department dashboard designed to collect and analyze cybersecurity information from across the government is now receiving data from 20 out of 23...

 

Global Oil Markets

Saudi Arabia, Russia, other oil producers face ‘dicey’ decision that could rock oil market

OPEC is expected to ultimately agree to raise production along with Russia and other producers after they meet this week, and analysts expect to see...

 

Iraq

Commentary: Iraq’s al-Sadr turns to Iran-backed rival in bid to end vote fraud crisis

Divisions among Iraqi politicians over how to deal with voting fraud and irregularities during May’s parliamentary elections appear to have prompted Shia cleric Muqtada al-Sadr...

 

Oman

Year-On-Year Expat Population in Oman Reduces by 43,000

The biggest demographic change was seen in the number of expatriates living in Oman, which fell by over 43,000 to 2,035,952 or 44.1 per...

 

Israel-Iran

Israel charges ex-minister Gonen Segev with spying for Iran

Shin Bet alleged that he had given the handlers information relating to Israel's energy sector, security sites in Israel, and officials in political and security...

 

Turkey

Turkish air strikes kill 26 militants in southeast Turkey, Iraq — army

Turkish air strikes killed 26 militants and destroyed their gun positions, shelters and ammunition stores in southeast Turkey and northern Iraq this week, Turkey’s military...

 

U.S.-Israel Relations

Trump reportedly signed secret pledge to protect Israel’s nukes

President Trump signed a secret letter last year pledging not to pressure Israel to give up its nukes after a contentious White House meeting with...

 

Migration Crisis

A Record Number Of People Were Displaced In 2017 For 5th Year In A Row

A record number of people have been forcibly displaced by war, violence and persecution, according to a new report from the U.N. High Commissioner for...

 

Global Oil Markets

Commentary: It’s Trump Sanctions, Not OPEC, That Are Boosting Oil

It is the fear that the world is about to lose as much a million barrels a day of Iranian crude oil exports by the...

 

U.S. Middle East Policy

Trump’s aid cuts to the Middle East draw sharp criticism from US Congress

US President Donald Trump’s cuts in aid to the Middle East came under strong attack from supporters and opponents in the US Congress who say...

 

Afghanistan

Afghan soldiers test cease-fire with visit to Taliban strongholds

On the second day of unprecedented mutual cease-fires, Afghan soldiers convoyed to a village that for months was deemed too dangerous to visit — the...

 

Housing

A Home of One’s Own: Subsidized Housing as a Key Lever of Gulf Domestic Policy

Despite massive real estate development and the construction of new cities and urban commercial landscapes, affordable housing remains a critical problem across the Gulf states,...

 

Anti-ISIS Campaign

US-backed Syrian fighters capture key village from IS

The Kurdish-led Syrian Democratic Forces said on Sunday that its fighters captured Dashishah in the northeastern province of Hassakeh, a major crossing point between Iraq...

 

Egypt

Egypt increases fuel prices, as part of austerity measures

Egypt announced Saturday steep increases in fuel and cooking gas prices as part of the country’s economic reforms and austerity measures designed to overhaul the...

 

USAID

Under pressure from Pence, U.S. aid is directed to Christian, Yazidi communities in Iraq

The premier U.S. aid agency is poised to send millions of dollars directly to Christian and Yazidi communities in Iraq under a rarely used, streamlined...

 

War in Yemen

UAE’s campaign for Yemen port city a test of ‘Little Sparta’

"From our perspective, three years of war is enough. It is time for the political process," Emirati Minister of State for Foreign Affairs Anwar Gargash...

 

OPEC

Iran can block OPEC agreement, but Saudi can bypass veto

That’s exactly what happened 18 years ago, when Iran rejected a Saudi-backed plan to boost output. Back then, eight countries joined the Saudis, resulting in...

 

Syria

Press statement by United Nations Special Envoy for Syria, Staffan de Mistura

As announced yesterday, I have invited senior officials from Iran, Russia and Turkey to meet with me here at UN Headquarters in Geneva early next...

 

Israel-Palestine

Israeli jets strike nine Gaza targets in response to ‘explosive kites, balloons’

Israeli jets struck nine targets belonging to the Islamist Hamas group in the northern Gaza Strip early on Monday in response to incendiary kites and...

 

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