Saudi Arabia’s decision to delay a $200 billion solar power project with Japan’s SoftBank casts doubt on the future of the kingdom’s solar energy initiative.
Nearly a year after Neom's announcement, the futuristic Saudi megacity is still only in the early stages of development. To meet goals of opening fully by 2025, planners must overcome a key challenge: shoring up funding.
Saudi Arabia is seeing some positive news in the return on investment in its outwardly placed capital in new technology.
There have been four important changes to the kingdom's economic policies that may pave the way for increased foreign investment, though not likely immediate job growth.
Abu Dhabi Crown Prince Mohamed bin Zayed announced a new social support program for citizens in the emirate to double the number of the government's annual subsidized housing loans.
For traditional U.S. partners and allies in the Gulf and beyond, the unwinding of U.S. participation in the JCPOA will create some multidimensional consequences.
There are simultaneous efforts by Qatar and Saudi Arabia to attract investors for new bond issues this week. The “bond-off,” or race to sale, is yet a new example of the use of economic means to achieve political ends.
Though the Oil Link may be broken, the United States and Saudi Arabia remain linked by economic and investment ties, energy markets and a shared interest in global economic stability.
Saudization, or the reservation of certain jobs and sectors for Saudi nationals, is part of the government’s effort to transform its private sector.
Through its careful examination of the forces shaping the evolution of Gulf societies and the new generation of emerging leaders, AGSIW facilitates a richer understanding of the role the countries in this key geostrategic region can be expected to play in the 21st century.Learn More