Tag Archives: Saudi

Saudi Telecom to form $500m venture capital fund

Saudi Telecom to form $500m venture capital fund

Saudi Arabia’s largest telecommunications firm has announced that it will set up a $ 500-million venture capital fund to invest in start-up companies. As part of a wideranging economic diversification plan launched last year, Saudi Arabia is trying to promote ...

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How Saudi Arabia blundered into OPEC oil cut

How Saudi Arabia blundered into OPEC oil cut

It’s all but decided that the Organization of Petroleum Exporting Countries and Russia will extend their so-called “production cuts” at Thursday’s meeting in Vienna. It’s clear, however, that the play has been a mistake for Saudi Arabia, which initiated it. ...

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Trump's Saudi embrace, Iran disdain upend Obama's vision

Trump's Saudi embrace, Iran disdain upend Obama's vision

US President Donald Trump’s emphatic embrace of Sunni Arab regimes and his vilification of Iran mark a stark departure from the vision of his predecessor Barack Obama in the volatile region, analysts say. Pointedly delivering his first foreign speech in ...

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Video: Trump, Tillerson dance in Saudi Arabia

Video: Trump, Tillerson dance in Saudi Arabia

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Trump's visit to Saudi a 'turning point': King Salman

Trump's visit to Saudi a 'turning point': King Salman

Saudi King Salman on Monday described US President Donald Trump’s visit to the kingdom as a “turning point” in relations between the two countries. Trump on Monday concluded his landmark visit to Saudi Arabia, which he chose for his first ...

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