While officially confirming to have received $1 billion from China as safe deposits after paying back to Saudi Arabia, Pakistan has received a total $5.688 billion external loans during the first six …
UAE’s Empower eyes overseas expansion as profit surges to $245.50mln
Empower is on track to expand its operations into other emirates while seeking to enter new market including Saudi Arabia, Egypt and Bahrain …
Egypt and Qatar agree on resuming diplomatic relations – Cairo
Egypt and Qatar have agreed to resume diplomatic relations, the Egyptian foreign ministry said on Wednesday. The move follows an agreement between Saudi Arabia, United Arab Emirates, Bahrain and Egypt …
How Saudi Arabia is leading a new Gulf investment charge in the US
Middle East sovereign wealth funds directly invested $14.7bn in the US last year, more than double the previous year …
In Saudi Arabia, Quiet Changes May Ease Tensions With Biden
The new president is a Saudi critic, but he takes office as the kingdom scales back beheadings, removes hate speech from text books and limits prison terms for activists.
Analysis: Saudi Overtures to Wary Biden Team Driven by Worries Over Iran, Economy
Saudi Arabia’s Crown Prince Mohammed bin Salman speaks during the Gulf Cooperation Council’s (GCC) 41st Summit in Al-Ula, Saudi Arabia January 5, 2021. Bandar Algaloud/Courtesy of Saudi Royal …
Saudi Arabia’s Oil-Market Pessimism Vindicated
For Saudi Arabia, bad news in the oil market has rarely been such a vindication.Two weeks ago, the world’s biggest crude exporter stunned energy traders by announcing that — rather than restore …
How the UAE, Saudi Arabia are stepping up plans to attract more foreign investment
Abu Dhabi Investment Office chief confident of retaining ‘competitive advantage’ as competition in the Gulf heats up …
Qatar blockade ends; what could it mean for businesses?
A three-year rift that cut ties between Saudi Arabia, UAE, and Bahrain on one side and Qatar on the other ended on January 5, with Saudi kicking off AlUla summit with an announcement of restoring ties …
Saudi Arabia’s Alswaha Discusses Neom and Vision 2030
Abdullah bin Amer Alswaha, Minister of Communications and Information Technology in Saudi Arabia discusses Neom and Vision 2030. He speaks with Manus Cranny on “.” (Source: Bloomberg) …