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Watch: Saudi 2019 growth at 2.2% but consumer spending falling in $billions
FIM Partners CEO and CIO Hedi Ben Mlouka discusses the Saudi Arabia economy. He speaks on "Bloomberg Markets: Middle East." The latest revision from the IMF says that changes in Saudi spending will...
View ArticleWatch: How will $100bn netted from Saudi corruption probe be spent?
Citigroup Chief Economist Middle East Farouk Soussa weighs in on the Saudi Arabian corruption crackdown. He speaks on “Bloomberg Markets: Middle East.” As the Saudi probe winds down, how will the...
View ArticleA second wave of Saudi graft probe coming: $100bn netted is just a start!
FIM Partners CEO and CIO Hedi Ben Mlouka said it best to Bloomberg: “The Saudi probe has a short-term negative effect, and ending it will have a long-term positive outcome but people outside of the...
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Watch: Is Saudi Prince Alwaleed’s deal among 5 who settled at the Ritz?
Saudi Prince Alwaleed bin Talal's whereabouts are still unclear. Some say he's still hold up at the Ritz, while others claim he is in prison or in an entirely separate location. Bloomberg's Alaa...
View ArticleFear of Saudi crackdown gone: Buinesses drooling at $100bn Aramco IPO
As the world gravitates around Saudi’s Vision 2030 and the promise of business prosperity that many vision-associated projects bring, the Saudi corruption probe becomes a positively salient point of...
View ArticleMBC falls to Saudi anti-corruption committee in return for release of founder
The Financial Times (FT) said that the Waleed bin Ibrahim al-Ibrahim, founder of media group MBC who was caught up in the corruption crackdown led by Prince Mohammed bin Salman, is soon to be released....
View ArticleSoon to be freed Saudi Prince Alwaleed’s parting words to media: ‘All lies’
As it turns out, Saudi Prince Alwaleed Bin Talal bears no grudge towards Saudi authorities and Saudi Crown Prince Mohammed Bin Salman. He will not surrender any part of his $10bn Kingdom Holding as a...
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Watch: Saudi Prince Alwaleed at the Ritz: From tennis shoes to Ketshup
Reuters released a video of Saudi Prince Alwaleed Bin Talal showing his suite at the Riyadh Ritz Carlton and discussing his case in brief terms. Reuters conducted an extensive and exclusive interview...
View ArticleDoes the Saudi Kuwait crisis have a sporting chance of being averted?
A recent spat took place when Saudi blasted a Kuwaiti sports delegation to Qatar, a country currently fueding with the Kingdom, but also with the UAE and Bahrain. The head of Saudi Arabia’s sports...
View ArticleCurtain on $100bn Saudi probe falling: Have the tables turned on the kingdom?
Saudi officials have been saying time and time again that in the kingdom, everyone is equal, and that no amount of wealth could help shelter corruption. And that rooting out corruption is a necessary...
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Watch: How are flat Saudi company sales a good sign for investors?
ADS Securities Head of Asset and Wealth Management Ryan Lemand discusses the winding down of the Saudi Arabian corruption probe. He speaks on "Bloomberg Markets: Middle East." "We remain very positive...
View ArticleRitz cleared of detainees: Saudi Bakr bin Laden asked not to travel?
Saudi Bin Laden Group (SBG) is not picking up their phones. Ameinfo tried to no avail. Since reports surfaced that the Riyadh Carlton Ritz no longer had any detainees, we wanted to find out if SBG’s...
View Article4 signs Saudi is putting the anti-corruption probe behind it
“The worst has already passed.” This is the message that Saudi authorities and officials are trying to convey to the international community after the anti-corruption probe that swept the kingdom since...
View ArticleA Saudi detainee, no one is talking about, to pay $billions before release
The Ritz is empty of Saudi detainees. Saudi Prince Alwaleed bin Talal, owner of Kingdom Holding, Waleed bin Ibrahim al-Ibrahim, founder of media group MBC, and a host of high profile detainees...
View ArticleWhat to expect from Saudi Crown Prince’s upcoming Europe and US trips
Saudi Crown Prince Mohammed bin Salman is being touted as the most powerful man in the region. Two new significant business developments are making headlines to reinforce that fact. But as he prepares...
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Bitcoin in all kinds of trouble: Saudi watches ‘perfect storm’ from sidelines
There are still Bitcoin evangelists who believe and preach faith in the cryptocurrency saying it is bound to hit, $25,000, $50,000, $100,000 and even $1million per coin. For now, Bitcoin owners are...
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Watch how Nissan is putting Saudi women in the driving seat (literally!)
Nissan’s latest campaign targeting Saudi women is another move toward capturing the burgeoning female consumer market in the country where it leads the midsize car segment. The video features Saudi...
View ArticleShifting sands: How Saudi is transforming before the world’s eyes
Saudi is lifting a veil of secrecy under which the country’s natural treasures hid. The kingdom is a young country with nearly 70% of its population under 30. A new future for them is being painted on...
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Watch: $100bn in settlements from Saudi probe will impact economy, but how?
Tarek Fadlallah, chief executive officer at Nomura Asset Management, discusses Saudi Arabia and his investment thoughts. He speaks on "Bloomberg Markets: Middle East." A recent Fitch Report showed...
View ArticleWhere and who is detained Saudi chairman of ADG, Amr al-Dabbagh?
On February 2017, just 1 year ago, the Global Federation of Competitiveness Councils (GFCC) honoured Amr Al-Dabbagh, former head of the Saudi Arabian General Investment Authority (SAGIA), Chairman and...
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