Showing results for "homaidan al-turki"

Learning from the painful lessons of Algosaibi

  • After 12 years, legal actions across three continents, and hundreds of millions of dollars in fees for professional services, the final phase of the Algosaibi saga came on Sunday with the formal ruling from a court in Dammam that a settlement had been reached and could be implemented. The cou...
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4IR technology can help solve climate change challenge

  • The Fourth Industrial Revolution (4IR), a concept developed by Klaus Schwab of the World Economic Forum (WEF) as a roadmap for the 21st century, has applications across all aspects of human life, from the way we communicate with each other to our relationship with the physical world. The 4IR f...
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Saudi tourism puts on the Ritz in Riyadh

  • From the vantage point of the lobby of the Ritz Carlton in Riyadh, the post-pandemic world looks an increasingly optimistic place. While not as bustling as when the famed hotel and King Abdulaziz Conference Center is packed to the gunwales for the Future Investment Initiative (FII), the event...
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The business case for Riyadh is a no-brainer

  • Which should business executives prioritize when making a strategic decision about office location: Potential for doing business or quality of lifestyle? It’s a tricky question, because as we all know a happy and contented executive, with a lifestyle that goes with the high-flying status, is g...
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Tadawul passes 2020 test with flying colors

  • At Tadawul, the Saudi Stock Exchange, they might be forgiven for asking: “Crisis? What crisis?” While the world struggled to deal with the economic impact of the COVID-19 pandemic, and Saudi Arabia in particular with the resulting fall in oil revenues, the Kingdom’s stock market had one of it...
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UAE leaving OPEC? A storm in an oil barrel

  • The oil world was abuzz at the end of last week on speculation that the UAE might be on the verge of pulling out of the Organization of Petroleum Exporting Countries (OPEC). It was an entertaining sideshow to the heavyweight meetings of the OPEC+ ministerial committee that monitors output and...
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Riyadh Initiative is key to meaningful WTO reform

  • The race to become director general of the World Trade Organization (WTO) is getting to the final lap, and to the sharp end of business. Over the next six weeks, each of the five candidates will have the opportunity to persuade the 164-strong membership that he or she has the unique qualities t...
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Libya might resume oil exports. Will we notice?

  • If all goes well for war-torn Libya, sometime in the next few days the oil tanker Delta Hellas will load 1 million barrels of oil from the eastern terminal port of Hariga and head off toward the Suez Canal en route to China with its cargo, worth about $42 million. But there are so many big if...
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Dubai’s early debt repayment will stand it in good stead

  • We could all do with a bit of good news amid the continuing carnage in the global economy in the wake of the COVID-19 pandemic. Dubai supplied it earlier this week in the form of an announcement that it had repaid the last tranche of debt left over from the 2009 existential threat at the heig...
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Amlak IPO is test of Saudis’ post-pandemic investment appetite

  • The historic initial public offering (IPO) of Saudi Aramco at the end of last year was expected to kick off a wave of IPOs in the Kingdom, as investors got the flotation bug and markets became more liquid and more comfortable with the concept of public offerings. The pandemic crisis has ensur...
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