In order to wean Saudi Arabia off its dependency on crude the kingdom needs higher oil prices. A multi-trillion dollar spending push designed to diversify the economy’s sources of income will require …
Saudi Exchange announces restructuring ahead of IPO
A corporate restructuring is one of the final steps in readying Tadawul for an exchange this year. CEO Khalid Al-Hussan says the moment for listing is almost at hand.
Analysis: Saudi $7 trillion investment goal puts spotlight on oil prices
In order to wean Saudi Arabia off its dependency on crude the kingdom needs higher oil prices. A multi-trillion dollar spending push designed to diversify the economy’s sources of income will require …
Saudi Exchange announces restructuring ahead of IPO
A corporate restructuring is one of the final steps in readying Tadawul for an exchange this year. CEO Khalid Al-Hussan says the moment for listing is almost at hand.
Saudi Arabia needs higher oil prices to sustain spending
“Saudi Arabia has managed to keep cohesion in the Opec+ group so … The fiscal benefits of higher oil prices can outweigh the impact on the economy of lower oil production. A finance ministry …
Will US get out of Afghanistan?
Today is the International Day of Action on Afghanistan. This day is to remind everyone that May 1, 2021 is the deadline for the United States to pull troops out of Afghanistan, per the U.S.-Taliban …
U.S. blacklists Myanmar state-owned gems enterprise
WASHINGTON (Reuters) – The U.S. Treasury Department on Thursday imposed sanctions on a Myanmar state-owned gems enterprise in a bid to curtail the military junta’s ability to generate revenues …
IMF asks Pakistan to accelerate much-needed structural reforms
ISLAMABAD: While appreciating some recent achievements regarding reforms in government institutions, the International Monetary Fund (IMF) has asked Pakistan to accelerate much-needed structural refor …
‘We Followed Orders’ Iran’s Top Security Official Points to Bloody November
Iran’s top security official admits to the mass killing of protesters in November 2019 and the involvement of high-ranking officials in suppression, saying, “We followed orders.” …
IMF asks Pakistan to accelerate much-needed structural reforms
ISLAMABAD: While appreciating some recent achievements regarding reforms in government institutions, the International Monetary Fund (IMF) has asked Pakistan to accelerate much-needed structural refor …