Saudi Arabia is hoping to boost foreign direct investment into the country as it embarks on a post-oil era and ambitious mega projects. » Read More
By: Holly Ellyatt
With more than half the population of the Gulf Cooperation Council (GCC) under the age of 30, engaging, educating and employing the region's young people has never been more important. » Read More
By: David Reid
Washington is canceling the plane maker’s license to sell aircraft to Iran. » Read More
China's Belt and Road Initiative (BRI) is an ambitious supply chain plan to boost connectivity and cooperation between East Asia, Middle East, Europe and East Africa.
The U.S. trade deficit with China in goods and services reached $566 billion in 2017, a 12 percent increase on the previous year.
The Saudis would likely welcome the presence of U.S. firms, according to Stuart Jones, regional president for Europe and Middle East at Bechtel.
Bahrain is well positioned to benefit from an expected trade boost brought about by the liberalization and economic growth of Saudi Arabia, a minister said.
Sheikh Mohammed bin Khalifa Al Khalifa, Bahrain's oil minister, said markets are mostly balanced but U.S. shale is still an unknown factor that could affect the price.
Bahrain's Minister of Industry, Commerce and Tourism, Zayed Al Zayani, insisted the country would not be distracted from its economic reforms by the find.
We’re creating a place where prosperity can be gained, says NEOM's Chief Executive Klaus Kleinfeld.
Bahrain is among several Gulf nations attempting to diversify their economies away from oil dependency in the aftermath of the 2014 drop in global oil prices.
Balancing and maintaining economic growth with fiscal consolidation is no easy or popular task, particularly in the Gulf as it undergoes an economic transformation.
We have seen a 50 percent growth in foreign investment, says Ibrahim Al-Omar, governor of the Saudi Arabian General Investment Authority.
"We all stand to benefit," Zayed R. Alzayani, Bahrain's minister of industry, commerce and tourism, told CNBC of the prospect of a more liberal and accessible Saudi Arabia.
Wars and conflicts in the Middle East are nothing new and the Gulf region has still managed to be a success, ministers and chief executives said during an investment forum in Bahrain.
Bernard Dunn, the president of Boeing for the Middle East, North Africa and Turkey, speaks to CNBC about the company's future investments in Iran and other opportunities.
A dramatic uptick in oil prices over recent months was cited as a drag on the company's latest figures.
There is a lot of opportunity for business in Saudi Arabia's civilian nuclear energy plans, says Stuart Jones, regional president for Europe and the Middle East at Bechtel.
Al Rumaihi's comments come after President Donald Trump said the U.S. would withdraw from the Iranian nuclear deal.
Bahrain will be a very good place to set up a hub of our investment activities, said Yong Kwek Ping, the CEO of Inventis Investment Holdings.