Not Everybody’s Buying the Saudi Story, Even as Money Gushes In
May 27, 2018

Not Everybody’s Buying the Saudi Story, Even as Money Gushes In

  • Hermes’ Greenberg wants ‘real’ change before committing
  • History suggests underperformance after upgrade, Trustus says

While tens of billions Continue reading

Saudis, SoftBank Plan World’s Largest Solar Project
April 1, 2018
  • Venture may cost $200 billion, add 100,000 jobs in the kingdom
  • Plan envisions 200GW of solar capacity in Saudi Arabia by 2030

Saudi Arabia and SoftBank Group Corp. signed a memorandum of understanding to build a $200 billion solar power Continue reading

Everyone From Goldman Sachs to HSBC Wants a Piece of Saudi Banking
November 6, 2017

Saudi Arabia’s ambitious plan to transform its economy away from oil has global banks lining up for a piece of the action.

It’s already the busiest year ever for merger and acquisitions and financing deals in the kingdom and that’s prompting the world’s Continue reading

How Saudi Arabia Is Building Its $2 Trillion Fund
October 26, 2017

Saudi Arabia is stepping up plans to turn its sovereign wealth fund into a global giant. This week, it’s holding a coming-out party of sorts for the Public Investment Fund, which is central to the government’s effort to diversify the economy away from oil, under Continue reading

Saudi Arabia Just Announced Plans to Build a Mega City That Will Cost $500 Billion
October 25, 2017

Saudi Crown Prince Mohammed bin Salman announced plans to build a new city on the Red Sea coast, promising a lifestyle not available in today’s Saudi Arabia as he seeks to remake the kingdom in a time of dwindling resources. Continue reading