Frank Kane

Frank Kane is an award-winning business journalist based in Dubai.

Twitter: @frankkanedubai

Latest published

Will this be the year the UAE economy climbs out of the doldrums?

The UAE economy has been stuck in a rut. For most of the past couple of years, the country’s leading economic indicators have been becalmed, if not actually falling.

April 08, 2018

Rise of petro-yuan provides dilemma for Saudi Aramco

The Chinese move was an instant success, with trading volumes overtaking traditional Brent futures in London on the opening day.

April 05, 2018

London steals New York’s thunder with Saudi markets upgrade

Saudi Arabia went to New York in a bid to woo American investors to its ambitious plans to transform the Kingdom’s economy away from oil dependency, but it was London that stole the show with a shrewdly timed announcement and a flying visit by the head of the London Stock Exchange.

March 30, 2018

Saudi solar energy comes of age at the stroke of midnight in New York

The tension had been building for some hours in New York City, but when the deal finally came it was well worth the wait. The provisional agreement that was announced just before midnight could well turn out to be the tipping point in the global quest for renewable energy.

March 29, 2018

KSA and US to get down to business in New York

With the diplomacy and the statecraft nearly at an end, it is time to get down to the sharp end of business in commercial relations between the US and Saudi Arabia.

March 26, 2018

Canapes, catalogues and Abraaj patronage

I don’t know much about art, but I know what I like. And I like Art Dubai.
The event, now in its 12th year, has become the biggest art fair in the Middle East, rivaling the major art festivals in Asia.

March 22, 2018

Post-corruption era investment good despite warnings by big bad news story wolves

So what was all the fuss about? It looks as though Saudi Arabia is doing rather well in attracting money from the rest of the world, and even that the pace of foreign investment in the Kingdom has picked up since the anti-corruption drive last year.

March 19, 2018

From peak oil to pick-ups: Seven key takeaways from Texas

There was plenty of time on the 16 hour return Emirates flight from Houston to Dubai to cogitate on the events of CERAWeek by IHS Markit in the Texan oil capital last week. Here are my six key takeaways from the 2018 version of the “oil man’s Davos.”

March 14, 2018

Turbulence signs flashing again over US-Gulf skies

Return to your seats and keep your seatbelt fastened. Relations between the American and UAE airlines are about to hit another period of bumpiness and, with Donald Trump in the White House, who knows how they will emerge from the next bout of open skies confrontation.

February 23, 2018

Economists will applaud a virtuoso performance

The concert goers might see a virtuoso performer, but the economists see the multiplier effect. Investment in the entertainment industry produces broader macro-economic benefits that will add to living standards across Saudi Arabia, and in the process improve quality of life in the Kingdom.

February 22, 2018