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Saudi Arabia , Tuesday 24 April 2018

News Saudi Arabia » Economy: Saudi Aramco international IPO delay makes sense as the oil rally looks set to continue, investor says

News channel or source: https://www.cnbc.com/2018/04/24/amwal-capital-partners-on-saudi-aramco-ipo-saudi-arabia-economy.html
Publication date: onday 23 April 2018

But what's more important is how Saudi Arabia uses the proceeds to support efforts to diversify its economy away from its reliance on oil. The oil market suffered one of its biggest losses two years ago after an increase in U.S. shale production caused ...

News Saudi Arabia » Economy: Saudi Arabia Economy in a 'Sweet Spot' Regardless of the Rising Price of Oil

News channel or source: https://www.albawaba.com/business/saudi-arabia-economy-sweet-spot-its-reform-process-regardless-rising-price-oil-1121514
Publication date: onday 23 April 2018

The Saudi Arabian economy is in a “sweet spot”, with higher oil prices allowing the Kingdom to boost spending while not having a significant impact on the country’s fiscal balance, according to Bank of America Merrill Lynch Global Research.

News Saudi Arabia » Economy: Saudi reforms should bring flood of foreign funds next year

News channel or source: https://www.reuters.com/article/us-saudi-economy-funds-analysis/saudi-reforms-should-bring-flood-of-foreign-funds-next-year-idUSKBN1HQ23N
Publication date: hursday 19 April 2018

Saudi Arabia could see $30-45 billion of portfolio inflows in the ... The most recent forecasts for the Saudi economy assume Brent oil LCOc1, now at $74 a barrel, will average at least $60 this year. If it drops much below that level, the government ...

News Saudi Arabia » Economy: Saudi Arabia Pays $40 Million to Palestinian Authority Budget

News channel or source: https://aawsat.com/english/home/article/1247556/saudi-arabia-pays-40-million-palestinian-authority-budget
Publication date: onday 23 April 2018

Saudi Arabia’s permanent delegation to the Arab League announced ... affirmed that it will continue to support the Palestinian cause on all levels, political, economic and humanitarian.

News Saudi Arabia » Economy: Saudi king to launch ‘entertainment city’

News channel or source: https://guardian.ng/news/saudi-king-to-launch-entertainment-city/
Publication date: uesday 24 April 2018

Saudi Arabia has dazzled investors with several plans for hi-tech ... when the government faces a yawning budget deficit and growth in the kingdom’s non-oil economy is only slowly gathering pace. The reform stems partly from an economic motive to ...

News Saudi Arabia » Economy: The Last Temptation of Saudi Arabia

News channel or source: https://www.bloomberg.com/gadfly/articles/2018-04-19/-100-oil-price-the-last-temptation-of-saudi-arabia
Publication date: hursday 19 April 2018

Saudi Arabia's crude oil production declined by 3.5 percent ... This is strong today, helped by economic growth and the low energy prices of recent years. Now consider what $100 oil might mean for this. U.S. gasoline demand finally regained its 2007 ...

News Saudi Arabia » Economy: Oil rebounds as Saudi, Yemeni tensions flare

News channel or source: https://www.chron.com/business/energy/article/Oil-rebounds-as-Saudi-Yemeni-tensions-flare-12857521.php
Publication date: onday 23 April 2018

So as attacks inside Saudi Arabia's borders increase ... swelling reserves of Middle East petrodollars are reinvested overseas and stimulate the global economy, Goldman Sachs Group Inc.'s head of commodities research said. Saudi Aramco, the world's ...

News Saudi Arabia » Economy: Saudi Arabia uses ancient tourist site to alter its history

News channel or source: http://www.miamiherald.com/news/business/article209520599.html
Publication date: Saturday 21 April 2018

Just outside Saudi Arabia's capital Riyadh, a group of elementary school ... Diriyah is part of a much larger national project to overhaul the country's economy and make it more resilient in the face of lower oil prices. Boosting domestic spending and ...

News Saudi Arabia » Economy: Saudi Arabia could be 'fantastically changed' even if only half of its reform plans happen, investor says

News channel or source: https://www.cnbc.com/2018/04/19/investcorp-on-crown-prince-mohammed-bin-salmans-plans-to-reform-saudi-arabia.html
Publication date: Wednesday 18 April 2018

Saudi Arabia's Crown Prince Mohammed bin Salman has set out an ambitious plan to modernize his country and diversify the economy away from its reliance on oil. "I think if the crown prince only achieves 50 percent of his vision, that country is going to be ...

News Saudi Arabia » Economy: Saudi Arabia and France sign economic MoUs worth over $18 billion

News channel or source: http://www.arabnews.com/node/1282161/business-economy
Publication date: uesday 10 April 2018

DUBAI: Twenty memorandum's of understanding (MoUs) in energy and transportation sectors worth over $18 billion were signed between France and Saudi Arabia on Monday, Saudi state-news channel Al-Ekhbariya reported. The companies involved in the MoUs were ...