Tag "King Salman"
Egypt-Saudi islands deal comes amid structural economic issues
Protests against deal with Saudi Arabia over Tiran and Sanafir islands highlight structural economic issues and political tensions in Egypt.
Saudi Arabia budget 2016: domestic and regional effects
The Kingdom of Saudi Arabia has released their budget forecasts for the next financial year, and the numbers are worrying. The oil-dependent economy has run a record deficit of around
Weekly Risk Outlook
US Secretary of State sells Iran deal to the GCC. Ukraine granted second tranche of IMF bailout. GOP candidates struggle with Donald Trump in first Republican debate. Stocks to plunge
Yemen conflict reveals shortcomings of Saudi Arabia’s foreign policy
With its vast oil riches and status as custodian of Islam’s holiest sites, Saudi Arabia has long practiced conservative and discreet foreign relations. But since his ascent to the throne, King Salman has
Saudi Arabia’s new foreign policy is assertive, but risky
When King Salman assumed the throne in January, most regional commentators expected continuity in Saudi Arabia. The Saudi-led airstrikes against the Houthi rebels in Yemen shows, however, that Riyadh is
Despite low oil price, Saudi Arabia stays course in opening stock markets
Saudi Arabia is set to stay the course in opening up its stock markets to foreign investment despite the change in leadership and fluctuations in the price of oil. In
In Saudi Arabia, new king Salman seeks stability
The formal succession of power in Saudi Arabia brings former Crown Prince Salman to the throne of the Arab world’s largest economy. When news broke of the death of King