King Oil heading for Skyfall? Bond meets investors in Riyadh!

British spy-novel writers John LeCarre and Ian Fleming would have been flabbergasted these days, looking at the developing story surrounding the disappearance of Saudi dissident journalist Khashoggi. The current story-line, showing a possible involvement of Saudi security services, the Royal Court and possibly even reformist Saudi Crown Prince Mohammed bin Salman, is however not looking anymore something like James Bond’s Skyfall, but more an intricate new novel by Tom Clancy, the US spy novel giant known for his character Jack Ryan.

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The $50 Billion Deal That Could Revive The Aramco IPO

The Aramco IPO saga continues, with the Saudi oil giant soon to enter the international financial markets for a $50 billion loan. International sources are reporting that the world’s largest oil company will look for around $50 billion from international banks, largely to be used to finance a majority stake in Saudi Basic Industries Corporation (SABIC).

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Saudi Solar Fata Morgana shelved, nuclear and luxury resort hitting headlines. Vision 2030 reassessed?

High profile projects are not always reality, as the cancellation of the 200GW solar project of the Kingdom and Softbank are showing. After a media hype after the announcement of an agreement between Saudi Crown Prince Mohammed bin Salman and Japanese investment fund Softbank’s CEO Son in the USA, skepticism increased about the feasibility of the overall project.

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Egypt’s economy rollercoaster ride not yet over, underlying factors still worrying

Egypt’s success stories are currently impressive. The ongoing offshore Mediterranean gas adventures are presenting one success after the other. Italian oil major ENI, operator on the Zohr offshore gas field, and British oil major BP, flood the media with discoveries, on-time delivery of projects and new possible giant discoveries around the country. Egypt’s neighbors are also becoming heavily involved, as Cairo and Cyprus signed up to build an offshore gas pipeline connecting Cypriot gas fields with Egypt’s gas infrastructure and LNG export projects.

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“Davos in the Desert 2018” Riyadh to present wide-range of high-tech and investment opportunities Kingdom.
Saudi Crown Prince Mohammed bin Salman (2ND L), US journalist Maria Bartiromo (L), Masayoshi Son (3RD l), the Chief Executive Officer of SoftBank, and other participants attend the Future Investment Initiative (FII) conference in Riyadh, on October 24, 2017. The Crown Prince pledged a "moderate, open" Saudi Arabia, breaking with ultra-conservative clerics in favour of an image catering to foreign investors and Saudi youth. "We are returning to what we were before -- a country of moderate Islam that is open to all religions and to the world," he said at the economic forum in Riyadh. / AFP PHOTO / FAYEZ NURELDINE

“Davos in the Desert 2018” Riyadh to present wide-range of high-tech and investment opportunities Kingdom.

MAIN QUESTION: “WILL NW-EUROPEAN INSTITUTIONAL INVESTORS, BANKS AND HIGH-TECH COMPANIES ATTEND TOO?” The next weeks a media offensive is expected to be unleashed by US-Asian-Russian investment banks, institutional investors and high-tech companies vying for a share in Saudi Arabia’s ongoing economic diversification plans. Saudi King Salman and Crown Prince Mohammed bin Salman will courted again by the “crème de la crème” of New York, Chicago, Hong Kong, Moscow, and London financial markets.

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