United Kingdom

Stephen Kalin

Business forum boosts Saudi image, but some say more rehab needed

01 Nov 2019

RIYADH Saudi Arabia's crown prince showed up only briefly this week at the kingdom's flagship investment forum, which largely drew leaders and firms with strategic interest in the Gulf state and wrapped up with relatively meagre deals and an anticlimactic finale.

Brazil president says he wants country to join OPEC

30 Oct 2019

RIYADH Brazilian President Jair Bolsonaro said on Wednesday that he wants his country to join OPEC, a move that would add the most significant new producer to the oil cartel for years but met with skepticism in Brazil's energy industry.

Finance royalty descend on Saudi forum as Aramco listing looms

30 Oct 2019

There was standing room only in the expansive halls of Riyadh's Ritz-Carlton hotel on Tuesday as the world's financial royalty attended Saudi Arabia's Future Investment Initiative (FII) conference, aimed at courting global investors.

Saudi investment forum opens; focus on global wealth disparity, technology

29 Oct 2019

RIYADH, Oct 29 World leaders and Wall Street heavy hitters gathered for an annual investment forum in Riyadh on Tuesday, with global wealth disparities, central back policy and technology in focus.

Saudi-brokered deal to include Yemen's southern separatists in government - sources

26 Oct 2019

RIYADH A preliminary deal between Yemen's Saudi-backed government and southern separatists to end a power struggle in Aden will see the separatists included in a new technocrat cabinet and both sides' forces placed under government control, sources said.

Saudi Arabia faces reality check as Wall Street heads to Riyadh

25 Oct 2019

DUBAI, Oct 25 Wall Street's heavy hitters are back in Saudi Arabia but the terms of engagement have changed.

Gulf countries climb World Bank business climate rankings, Latin America fades

24 Oct 2019

WASHINGTON/RIYADH Gulf countries led by Saudi Arabia sharply improved their rankings in the World Bank's latest Doing Business report, while Latin American countries largely lagged in reforms and New Zealand took the top spot for the fourth year in a row.

Saudi Arabia's new bankruptcy law faces key test in the courts

24 Oct 2019

RIYADH The merit of Saudi Arabia's new bankruptcy law, part of efforts to help the kingdom attract investors, should become clearer in about a year after courts handle initial cases, a World Bank representative and senior government official told Reuters.

SoftBank CEO, planning new tech fund, to attend Saudi forum: sources

24 Oct 2019

DUBAI/ABU DHABI/RIYADH SoftBank Group Corp founder and CEO Masayoshi Son will attend an investment conference in Saudi Arabia next week, two people familiar with the matter said, as the Japanese company seeks to raise funds for a second technology fund.

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