Saudi Arabia and Russia have been the drivers of the production agreement.
Read More »Spending Discipline. Higher Oil Revenues to Narrow Saudi Fiscal Deficit
Short term improvement in oil prices may slowdown fiscal reforms.
Read More »Oil Tycoons Make Billions in Saudi Purge
Other analysts say the actions by MBS could undercut one of his own top priorities.
Read More »Aramco Board Targeted In Anti-Corruption Crackdown
The Vision 2030 program’s success hinges on Aramco’s IPO. scheduled for the second half of 2018.
Read More »Saudi Arabia`s `Game of Thrones` and Big Implications for Oil
Saudi rulers likely also would like to keep oil prices stable ahead of the planned IPO of state oil company Saudi Aramco expected next year.
Read More »Is This The Cure To Saudi Arabia’s Oil Curse?
The country hopes to double the number of tourists by 2020 from the 8 million expected this year.
Read More »At Riyadh Jamboree. Saudis may Struggle to Lure Foreign Funds in Recession
Austerity helped push the economy into recession in the second quarter of 2017.
Read More »Saudis Set $500 Billion Plan to Develop Zone Linked with Jordan and Egypt
Saudi Arabia will need huge financial and technical resources to build NEOM on the scale it envisages.
Read More »Saudi Aramco Denies It Is Planning to Shelve $2 Trillion Listing
The kingdom’s oil company dismisses reports it could drop huge international float in favour of private stake sales.
Read More »Is This the Geopolitical Shift of the Century?
The geopolitical reality in the Middle East is changing dramatically.
Read More »