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January 29, 2021
January 29, 2021 04:29 Day 2 of the Future Investment Initiative: an economist’s perspective (or what it takes to build better) Cornelia Meyer January 29, 2021 04:29 Crown Prince Mohammed bin Salman inspired the audience with his vision and plan to develop Riyadh. (AFP) Short Url https://arab.news/myjwe The second day of the Future Investment Initiative (FII) investigated what the post-COVID -19 economic future might look like, and presented some bold visions. This was the logical progressio...
January 29, 2021
Future Investment Initiative: The Neo-Renaissance and ESG Cornelia Meyer Short Url https://arab.news/23bfp The topic of ESG (environment, social and governance principles) weaved its way through virtually all the sessions at the Future Investment Initiative (FII) conference. This was not surprising as the title of the conference was “The Neo- Renaissance,” inspired by the impetus to the economy and culture in 15th and 16th century Florence as the world emerged from the plague – another ...
January 28, 2021
Day 1 of the Future Investment Initiative: an economist’s perspective Cornelia Meyer January 28, 2021 04:13 All in all, the way the conference focused on the great reset was visionary, pragmatic and specific. (Reuters) Short Url https://arab.news/8t7y8 The first day of the Future Investment Initiative (FII) conference in Riyadh made for very compelling viewing, from an economist’s perspective. The theme of this year’s event, “neo-renaissance,” reflects the fact that when the global ec...
January 27, 2021
Putin tested by Navalny supporters’ show of strength Cornelia Meyer Alexei Navalny is arrested at passport control at Sheremetyevo airport in Moscow. (AFP) Short Url https://arab.news/4xcpx When Alexei Navalny returned to Russia this month, the world collectively held its breath: Would he or wouldn’t he be arrested on his return to his homeland? What many feared would happen then took place. On passing passport control, he was arrested, and now faces a Feb. 2 hearing on whether his suspende...
January 25, 2021
The PIF — audacity of purpose to forge Saudi Arabia’s economic future Cornelia Meyer Short Url https://arab.news/r737n Later this week, Saudi Arabia’s Public Investment Fund (PIF) will hold its annual investors’ conference the Future Investment Initiative (FII), which has also been dubbed “Davos in the desert.” There was a flurry of announcements leading up to the key event. Firstly, the government released third-quarter jobless figures, which were well-received, as unemployment for...
January 24, 2021
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January 24, 2021
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January 23, 2021
New US President Joe Biden has wasted little time in reversing many of his predecessor’s executive decisions. On inauguration day he signed an executive order to rejoin the Paris Agreement on Climate Change, and made good on his promise to cancel the Keystone XL pipeline that would have brought heavy oil from Canada down to the refineries on the Gulf of Mexico. Construction
January 20, 2021
Germany a key step closer to post-Merkel era Cornelia Meyer January 20, 2021 23:13 North Rhine-Westphalia’s Prime Minister Armin Laschet arrives for a news conference on coal phase-out laws in Berlin, Germany, July 3, 2020. (Reuters) Short Url https://arab.news/225tv Germany last weekend rang in the next chapter of its political future. This is the twilight of the Merkel era, as the EU’s longest-serving leader prepares to step down after the parliamentary elections this coming September. On...
January 18, 2021
Interesting times for GCC players in global bond markets Cornelia Meyer January 18, 2021 22:12 Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., April 18, 2019. (Reuters) Short Url https://arab.news/nhc8a Both corporate and government borrowers from the Gulf Cooperation Council (GCC) states are expected to tap into the international bond markets during the first half of 2021. It makes eminent sense to issue bonds on international markets while the going is good....