Trump visit: US-Saudi deals to bring big business benefits on May 29, 2017The visit to Saudi Arabia by Donald J. Trump, and the series of mega deals signed, brings to mind the adage of another American president, Calvin Coolidge: The business of America is business. However, the result of the deals between Riyadh and Washington demonstrates that the business of America is Saudi Arabia and the business […]
Bond sale is another sign of a stronger Saudi economy on April 24, 2017Saudi Arabia’s economy is going from strength to strength. In just six months, the Kingdom has managed to raise nearly SR100 billion ($26.5 billion) in international bonds. Last week, it raised its first dollar-denominated sukuk for $9 billion. It was more than three times oversubscribed at a time when markets in Europe were gearing up […]
Saudi support key to Jordans economic recovery on April 10, 2017One cannot visit Jordan without hearing the latest mutterings about austerity measures. Jordan’s prime minister recently appeared on national TV, announcing a cut in public salaries and setting a salary ceiling. This was not news to the visiting Saudi monarch, King Salman, and his delegation, given the Kingdom not too long ago embarked on similar […]