News Clip2:47
Curated Video

Saudi Aramco share prices to be announced

9th - Higher Ed
Saudi Arabia says it will use the income from this public listening to diversify its economy.
News Clip2:47
Curated Video

Saudi activists dispute official narrative on al-Hwaiti killing

9th - Higher Ed
Abdul Rahim al-Hwaiti was shot dead by security forces after refusing to give up his property for a mega-project.
News Clip2:11
Curated Video

Saudi announces new austerity drive

9th - Higher Ed
Kingdom to triple VAT, halt monthly handout payments in tough measures amid low oil prices and virus-led economic slump.
News Clip2:57
Curated Video

Saudi Arabia to impose 'painful' austerity measures, triple VAT

9th - Higher Ed
Spending cuts come amid a plunge in oil prices that are hurting the government's finances.
News Clip0:59
Bloomberg

Saudis Get World Cup 2034 Crowning MBS Bid for Sport Empire

Higher Ed
Mohammed bin Salman's sports empire continues to grow, with Saudi Arabia announced as the host of the 2034 FIFA World Cup.
News Clip3:35
Bloomberg

Saudi Non-Oil Activities to Keep Growing: Alibrahim

Higher Ed
Saudi Minister of Economy and Planning Faisal Alibrahim tells Bloomberg Television he expects non-oil activities to increasingly contribute to the kingdom's economic growth, as they passed the 50% mark as a percentage of total real GDP. ...
News Clip5:15
Bloomberg

ACWA CEO: Saudi Arabia Will Invest $100s of Billions for Power by 2030

Higher Ed
Saudi Arabia will need to invest hundreds of billions of dollars this decade on renewable energy and natural gas-fired electricity to meet its generation capacity targets, according to the head of Riyadh-based ACWA Power Co. The project...
News Clip2:57
Bloomberg

Saudi Aramco Raises Oil Payout, While China Imports Drop

Higher Ed
Saudi Aramco raised its dividend, in a move that's likely to help the kingdom's government balance its budget this year. The company remains bullish about demand in China, even as the Asian nation saw its imports of oil slump in July....
News Clip3:40
Bloomberg

Saudi to Ease Stock Market Rules as Tadawul Plans IPO

Higher Ed
May 4 -- Saudi Arabia is taking more steps to open up its stock market. It's easing the rules to attract foreigners as it pushes to join the index of developing nation equities. Bloomberg's Matthew Martin reports on "Bloomberg Markets...
News Clip2:50
Bloomberg

Bechtel Among Bidders to Manage Saudi Projects

Higher Ed
July 26 -- Several international companies are bidding to manage a new initiative that's aimed at streamlining Saudi's state spending. The National Project Management Office was created to increase efficiency as the world's largest oil...
News Clip2:55
Bloomberg

Saudi's Efforts to Boost Liquidity Are Failing

Higher Ed
Aug. 30 -- Saudi Arabia's liquidity issues worsened last month with its loan to deposit ratio worsening and its three month interbank rate ratcheting higher in its longest rising streak in over seven months. Bloomberg's Matthew Martin...
News Clip3:49
Bloomberg

Saudi Scales Back on Renewable Energy

Higher Ed
June 8 -- Saudi Arabia is dialing back on its pledges for renewable energy. Riyadh has reduced its targets from 50% of the energy mix to just under 10% amid plans to burn more natural gas. Bloomberg's Anthony DiPaola reports on...
News Clip9:16
Bloomberg

SAMA's Alkholifey on Monetary System, Economy, Inflation

Higher Ed
Oct.26 -- Ahmed Abdulkarim Alkholifey, governor of the Saudi Arabian Monetary Authority, discusses Saudi Arabia's monetary system, raising the repo rate, the economy, inflation, the impact of an excise tax, international banking...
News Clip1:21
Bloomberg

Saudi Arabia Seen Meeting Budget Target

Higher Ed
Nov.20 -- Saudi Arabia is on course to meet its end-of-year budget targets after reporting an 80% jump in non-oil revenue in the third quarter. Bloomberg Economics' Ziad Daoud discusses the economy on "Bloomberg Markets: Middle East."
News Clip4:24
Bloomberg

Saudi Arabia Seeks Foreign Investment

Higher Ed
Sept. 6 -- Part of Saudi Arabia's bold reform plans is to give foreign investors more access to its stock market. The reality is at the moment only 1% of total shares are owned by foreigners. Bloomberg's Yousef Gamal El-Din sat down with...
News Clip7:23
Bloomberg

Mobily CEO: Expect Current Strategy to Improve Company’s Performance

Higher Ed
Jul.22 -- Salman Albadran, chief executive officer at Mobily, discusses reaching financial break-even, 2Q earning, the health of the Saudi economy, the share price and his business strategy. He speaks on “Bloomberg Daybreak: Middle East.”
News Clip4:24
Bloomberg

Saudi Arabia Tackles Budget Deficit

Higher Ed
Sept. 6 -- Bloomberg Editor-in-Chief John Micklethwait discusses Saudi Arabia's plan to trim its budget deficit. He speaks with Bloomberg's David Gura and Vonnie Quinn on "Bloomberg Markets."
News Clip7:03
Bloomberg

KAEC Has Strong Financial Position: CEO

Higher Ed
Nov. 15 -- Fahad Al Rasheed, managing director and chief executive officer of King Abdulah Economic City, discusses the KAEC project in Saudi Arabia, the financing of the project, global trade and their focus on tourism. He speaks to...
News Clip5:25
Bloomberg

Saudi's U.S. Treasury Holdings Fall for Fifth Month

Higher Ed
Aug. 17 -- Mazen Al-Sudairi, group head of sell-side research at Alistithmar Capital, discusses Saudi Arabia unwinding its treasury holdings and the outlook for the economy. He speaks to Yousef Gamal El-Din and Haidi Lun on "Bloomberg...
News Clip1:43
Bloomberg

Saudi Banks Attract Bargain Hunters

Higher Ed
Oct. 11 -- The Saudi price to book ratio for a stock index for 12 lenders is now at the lowest level since Bloomberg started tracking the data in 2006. So, what's behind the selloff and what kind of money can be made in this trade?...
News Clip3:04
Bloomberg

Saudi Outlook: How Healthy Is the Economy?

Higher Ed
Aug. 1 -- Ahmed Badr, chief executive officer at Renaissance Capital Dubai, discusses Saudi Arabia's economy, their reform plan and his investment strategy for the kingdom. He speaks to Yousef Gamal El-Din and Rishaad Salamat on...
News Clip6:56
Bloomberg

Foreign Labor Stranded by Saudi Slowdown

Higher Ed
Aug. 9 -- John Sfakianakis, director of economic research at Gulf Research Center, discusses the slowdown in the Saudi economy, its impact on foreign workers and the health of the banking sector. He speaks to Yousef Gamal El-Din and...
News Clip3:16
Bloomberg

Alinma Bank CEO Sees Highest Quarter in Bank's History

Higher Ed
Apr.18 -- Abdul Mohsen Al-Fares, chief executive officer and managing director at Alinma Bank, discusses the company's latest round of earnings and the health of the Saudi economy. He speaks to Bloomberg's Yousef Gamal El-Din and Shery...
News Clip2:42
Bloomberg

Saudi May Cancel $20B of Government Projects

Higher Ed
Sept. 7 -- Saudi Arabia could cancel $20B worth of government projects in an effort to shrink the largest budget deficit among the world's 20 biggest economies. Bloomberg's Alaa Shahine reports on "Bloomberg Markets Middle East."