Via Geopolitical Futures, a look at Saudi Arabia’s increasing foreign policy and economic ambitions in Africa: Saudi Arabia is increasingly interested in building economic and diplomatic ties with Africa. Not long ago, the continent was nowhere near a priority in Crown Prince Mohammed bin Salman’s foreign policy and investment agenda. This appears to have changed, […]
Read more »Via BusinessWire, a report on a the Saudi Fund for Development’s two new MoUs with Caribbean nations: The Saudi Fund for Development (SFD) Chief Executive Officer, H.E. Sultan Al-Marshad, signed today two developmental Framework Memorandum of Understandings (MoUs) with the governments of Saint Vincent and the Grenadines, and Saint Kitts and Nevis. The signing took […]
Read more »Courtesy of The Wall Street Journal, an article on how China’s economic influence in the Middle East won’t grow endlessly as its overseas investment and energy-demand growth slow down: For most of the past decade, China’s story in the Middle East has been straightforward: endlessly rising investment, trade and influence. Having brokered a return to diplomatic […]
Read more »Via Al Monitor, an article recent agreements between Saudi Arabia and multiple African countries: Saudi Investment Minister Khalid Al-Falih said the kingdom’s sovereign wealth fund, the Public Investment Fund, will make some “game changing” investments in Africa. The Saudi Fund for Development plans to sign agreements worth some 2 billion riyals ($533 million) with African […]
Read more »Via Caixin Global, an article on growing partnership between Saudi Arabia and China around renewables: Saudi Arabia will be counting on partnerships with Chinese companies to help the Gulf country build up a renewable energy industry of its own, according to an executive at its sovereign wealth fund. “We have huge demands for renewables and […]
Read more »Via Visual Capitalist, a graphical look at the top Middle East exports by country: The Middle East is widely recognized for its significant role in the global energy market. However, countries in the region also foster other substantial industries, including metals, chemicals, and agriculture. The graphic above uses 2021 exports data from The Observatory of Economic […]
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