Gulf’s sovereign wealth funds snap up US stocks

The sovereign wealth funds of Saudi Arabia (PIF) and Qatar (QIA) are planning to capitalise on…

Aramex buys way in to Vision 2030

In a further statement of its intent to capitalise on Saudi Arabia’s  Vision 2030 initiative, the…

Riyadh and Tehran draw up new ‘soft power’ battle lines at Basra

More than a quarter of a century after the road to Basra briefly became short hand…

Saudi Prince arrives in UK with charm offensive and $90bn in trade deals

The UK and Saudi Arabia this week agreed to boost mutual trade and investment between the…

Russia and China set to join forces in Saudi Aramco IPO

A joint Russia-China investment fund  is gearing up to participate in Saudi Aramco’s forthcoming IPO, the CEO of…

Russia looks to invest in Saudi Aramco as bonds with Riyadh grow ever deeper

Russian pension funds are considering investing in Saudi Aramco when it lists its stock in a…

Coals to Newcastle*?: Putin offers to sell LNG from Yamal to Saudi Arabia

In the latest twist in the complex and sometimes bizarre tale of Eurasian geopolitics, Russian President…

Saudi purge casts doubt over plans for Saudi Aramco IPO

Last weekend’s spate of arrests orchestrated by Saudi Arabia’s Crown Prince Mohammed bin Salman that has…

Saudis pump $500bn into high-tech city as ‘baby boomers’ head for job market

Saudi Arabia is planning to invest $500bn in a  futuristic city run entirely on alternative sources…

Promise of $3bn Saudi investment on table as Salman lands in Moscow

Russia and Saudi Arabia are expected to announce the launch of two  $1bn investment funds  this…

Qatar blockade puts 2022 World Cup under threat

The very real possibility of Qatar facing a long-term blockade of its sea and land routes…

Saudi-led rift with Qatar casts shadow over China’s Silk Road ambitions

This week’s  decision by a  number of Arab states led by Saudi Arabia to cut all…

China looks to Saudi Arabia to protect Maritime Silk Road route

This March, the Saudi Monarch King Salman embarked on a six-week tour of Asia, the highlight of…

Saudi wealth fund commits $20bn to US infrastructure as Trump slams Iran

Ties between Washington and Riyadh moved up a notch this week during the course of US…

Saudi Vision 2030 ‘could attract $1trn in FDI over next 15 years’ – OECR

Saudi Vision 2030,  the KSA’s plan to diversify the kingdom’s oil-dependent economy could attract up to…

Saudi Aramco to woo Chinese with IPO

Saudi Aramco has asked JPMorgan Chase & Co and Morgan Stanley to help with what, at $100bn,…

Saudis to launch $30bn renewable energy programme within weeks

Saudi Arabia is getting ready to launch a 15-year, $30-50bn renewable energy program as it prepares…

Trade with Iran surges – but tensions in Gulf threaten to spoil Tehran’s party

Trade with Iran: Germany became the latest country to report  a jump in exports to Iran yesterday…

Oil prices slide back as Doha talks collapse

Doha talks: The price of crude oil fell by as much as 7% in early trading…

Saudis pull back from Doha oil deal as Iran refuses to freeze output

Doha oil deal: The meeting between OPEC and non-OPEC oil producers on an agreement to freeze output…

Saudi Arabia and Egypt revive $4bn Red Sea causeway project

Saudi Arabia and Egypt are planning to build a giant causeway across the Red Sea  connecting the Sinai…

Prince shares vision of new $2trn Saudi sovereign wealth fund and Aramco sale

Saudi sovereign wealth fund: Saudi Arabia preparing for the life after oil by creating the world’s largest sovereign…

Europe switches to Saudi Arabian oil as cheaper option to Russian

Saudi Arabian oil: Oil  refiners throughout Europe have begun cutting their longstanding use of Russian crude in favour…

Saudi Arabia and Russia agree $10bn investment programme

Saudi Arabia’s and Russia’s  state-run investment finds last month sealed a deal which will see the two…