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Top related persons:
Robert Mogielnicki - 2 — - 1 it's - 1 Israel - 1 Kristian Coates Ulrichsen - 1 Ulrichsen - 1 Mogielnicki - 1 Neom - 1
Top related locs:
Saudi Dubai Saudi Arabia China Israel Gaza Iran Palestinian
Top related orgs:
Gulf States Institute - 2 Saudi - 1 Service - 1 Neom - 1 New York Times - 1 Rice - 1 Baker Institute for Public Policy - 1 Bloomberg - 1

Search resuls for: "Robert Mogielnicki"


3 mentions found


☆ Saudi Arabia needs peace in the Middle East for its $500 billion Neom megaproject to succeed
  + stars: | 2024-05-07 | by ( Beatrice Nolan | ) www.businessinsider.com   time to read: +6 min
In March 2023, Iran and Saudi Arabia brokered a deal to re-establish diplomatic relations. Related storiesThe US and Saudi Arabia are in the final steps of a new agreement on security guarantees and civilian nuclear assistance, Reuters reported last week. Many of Neom's projects aimed at capturing the luxury tourism market are located along the Red Sea coast. Set to open next year, Neom's luxury island resort of Sindalah is advertised as an "exclusive gateway to the stunning Red Sea." Saudi officials are already fighting to combat claims that Neom is facing delays and setbacks.
Persons: —, it's, Israel, Kristian Coates Ulrichsen, Ulrichsen, Robert Mogielnicki, Mogielnicki, Neom Organizations: Saudi, Service, Neom, New York Times, Reuters, Rice, Baker Institute for Public Policy, Gulf States Institute, Bloomberg, Business Locations: Saudi, Dubai, Israel, Gaza, Iran, Saudi Arabia, China, Palestinian, Israeli, Red, Jeddah
☆ Chinese investors flock to Riyadh conference seeking new markets, capital
  + stars: | 2023-06-09 | by ( Julie Zhu Aziz El Yaakoubi | Julie Zhu | Aziz El Yaakoubi | ) www.reuters.com   time to read: +4 min
The business conference will draw about 2,000 attendees from Greater China, in what will be one of the region's biggest-yet business delegation to Saudi Arabia, according to one person with direct knowledge of the matter. "From the perspective of both capital and new market, the Middle East, Saudi Arabia are really good new choices for Chinese companies and investors," said Henry Zhang, president of Hong Kong-based private equity firm Hermitage Capital. "Since late last year, a large number of Chinese funds have rushed to the Middle East looking for new investors. For the upcoming conference, Chinese entrepreneurs in attendance represent a range of industries -- from renewable energy and artificial intelligence to biotech, finance and tourism. "Previously, I had to actively pitch Chinese companies to consider Saudi Arabia as their destination of outbound investment and overseas expansion.
Persons: Xi Jinping's, Antony Blinken, Henry Zhang, Zhang, Robert Mogielnicki, Edison Gao, I've, Gao, Julie Zhu, Aziz El Yaakoubi, Sumeet Chatterjee, Michael Perry Organizations: China Business Conference, Hermitage Capital, Gulf States Institute, Ajlan, Brothers, Thomson Locations: HONG KONG, RIYADH, Riyadh, Saudi Arabia, Arab, Gulf, Beijing, Washington, U.S, Greater China, East, Hong Kong, Hermitage, China, Saudi, Rachna, Dubai
☆ Why Saudi Arabia defied the US over OPEC oil supply cut
  + stars: | 2022-10-07 | by ( Nadeen Ebrahim Abbas Al Lawati | Nadeen Ebrahim | Abbas Al Lawati | ) edition.cnn.com   time to read: +14 min
On Wednesday, OPEC+, the oil cartel led by Saudi Arabia and Russia, agreed to slash production by 2 million barrels per day, twice as much as analysts had predicted, in the biggest cut since the Covid-19 pandemic. “Saudi Arabia is looking to head off a repeat of 2008 when the market crash sent the global economy into a recession and oil prices suddenly plummeted, requiring emergency action by OPEC,” said Wald. Analysts also say Saudi Arabia cannot afford to let oil prices go below a certain level for budgetary reasons. For its budget to break even, global oil prices must be at around $79 a barrel, according to the International Monetary Fund. That was a warning sign for Saudi Arabia and other oil exporters, who depend on oil for a majority of their revenue.
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