The deal that will see Saudi Arabia team up with the largest investment group in the world, BlackRock, is a major boost for the Kingdom’s investment scene and a springboard for significant investment in domestic infrastructure over the next decade.

Amid all the razzmatazz and big policy initiatives of the Saudi Green Initiative, one item perhaps did not get the full attention it deserves.

The surge in global gas prices has several origins, not all of them malign.

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.

It took a short while for SoftBank’s Vision Fund to make its first direct investment in a Saudi company, but it was well worth the wait.

OPEC+, the oil producers’ alliance led by Saudi Arabia and Russia, meets this week for the first test of the new regime put in place at July’s meeting, and which took effect from the first of this month.

When America sneezes, the rest of the world catches cold, goes the old adage. But it’s equally true that if California is feeling poorly, the rest of the US will also be under the weather.

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.

As the two most dynamic economies in the GCC, both Saudi Arabia and the UAE want to optimize their competitiveness in order to attract foreign direct investment and encourage trade with the rest of the world.