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
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
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
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
The opening salvos of a full-blown global trade war are rumbling closer by the day, and indeed may already have been fired with the decision by US authorities to consider big tariffs on aluminum and steel imports.
February 18, 2018
There was less of a presence from Saudi Arabia at the World Government Summit (GWS) in Dubai earlier this week than you would have expected.
February 14, 2018
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