Faisal Farhat

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Big banks head to Riyadh from Davos for Saudi Aramco ‘beauty parade’

Author: FRANK KANEFri, 2018-01-26 01:58ID: 1516883516969333400DAVOS: Some of the world’s leading investment bankers will go direct from Davos to …

World Economic Forum

Aramco Targets Thriftier Engines to Defuse Electric-Car Threat

While Saudi Arabia tries to wean its economy off crude, the nation’s flagship company is devising new ways to make money from the fuel.<p>Saudi Aramco, …

Oil

Saudi Arabia's financial constraints are starting to limit its ability to project power

Saudi Arabia's strategy in the Middle East has for years focused on throwing money at majority Sunni states and groups in the region to counter Iranian influence. But its fiscal constraints started to limit its ability to project power even in the Arabian Peninsula.<p>Funding Sunni jihadist groups has …

Saudi Arabia

Saudi Arabia and Burj Khalifa developer launch Gulf answer to Amazon

Online shoppers in the Middle East are about to get more choice.<p>Saudi Arabia's sovereign wealth fund and a leading Dubai property developer are joining forces to launch a new platform called Noon, based in the Saudi capital Riyadh.<p>The company will start with an initial $1 billion investment split …

eCommerce