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June 19, 2023
Buoyed by a swift economic rebound post-COVID, Dubai is racing to attract people and capital to drive long-term growth, betting it can avoid past debt crises that dented its global ambitions.
June 17, 2023
Touted progress in diversifying Gulf economies beyond the fossil fuel rent comes with a caveat. Oil and gas revenues indirectly propel large chunks of the non-oil economy through public expenditures such as wages, subsidies and infrastructure spending.
May 12, 2023
Wide open for business: Russia makes play for Gulf money
May 12, 2023
Grappling with sanctions and an exodus of foreign firms, Moscow is looking to investors from oil-rich Arab Gulf states as the West locks it out over the war in Ukraine.
May 11, 2023
The electric car maker is among the biggest U.S. investments by Saudi Arabia's Public Investment Fund which has been tasked with driving the kingdom's ambitious plan to cut its reliance on oil revenue
May 11, 2023
Lucid's electric vehicles are often displayed prominently at public events and financial conferences in Saudi Arabia to symbolise its crown prince's multi-billion dollar "Vision 2030".
May 10, 2023
By Yousef Saba and Rachna Uppal DUBAI (Reuters) - Lucid's electric vehicles are often displayed prominently at public events and financial conferences...
May 10, 2023
By Yousef Saba and Rachna Uppal DUBAI (Reuters) - Lucid's electric vehicles are often displayed prominently at public events and financial conferences...
May 10, 2023
Lucid's electric vehicles are often displayed prominently at public events and financial conferences in Saudi Arabia to symbolise its crown prince's multi-billion dollar "Vision 2030".
April 1, 2023
With a multi-billion dollar economic revamp in full swing, tiny Bahrain is vying to keep pace with its Gulf neighbours after more than a decade beset by political unrest.