If Saudi Aramco had been listed on the New York Stock Exchange on Monday at its officially estimated market value of $2 trillion, it would have lost nearly $100 billion in value between the opening and closing bells.
February 06, 2018
It is the proud boast of President Donald Trump — repeated in almost identical terms in his Davos speech and State of the Union address — that he has presided over an unprecedented period of economic growth, job creation and wealth accumulation.
February 04, 2018
With so much at stake — the IPO is the centerpiece of the Vision 2030 strategy — and so many stakeholders — government, 65,000 employees and armies of advisers — it is not surprising that there is both a need to get the share sale right and a difference of opinion about how to do that.
January 31, 2018
The World Economic Forum 2018 annual meeting in Davos was perhaps the most interesting I have attended, and a testimony to the skills of the organization that each year manages to persuade 3,000 of the most important people in the world to make the journey to the most improbable conference venue.
January 29, 2018
It's that time when I dust off the snow boots, get the overcoat back from the dry cleaner, and try to find the scarf and gloves that are used only once a year.
January 22, 2018
So Emirates Airline blinked first.
January 18, 2018
THE armies of economists who produced reams of analysis of the Saudi Arabia budget for 2018 back in December need not have bothered.
January 14, 2018
Much like the now-obsolete art of “Kremlinology” — the study of the inner workings of the Soviet political system via analysis of announcements and reports — there is now a growing field I like to call “Aramcology.”
January 13, 2018
Bond and equity markets are usually regarded as competitors for investor funds, but in Saudi Arabia’s case, policymakers regard them as complementary ways of raising cash in 2018 to help fund the economic transformation planned u
January 07, 2018
A meeting between senior Saudi Arabian business people and potential investors last autumn had been going very well, the Saudis believed.
January 06, 2018