archive - Al Arabiya English

OPEC: In the shadow of NOPEC

Saturday, 23 June 2018

After a tense few days, the OPEC Vienna June meeting concluded on a successful note with all parties – Russia and Saudi Arabia on the one hand and Iran, Venezuela, and Iraq on the other – claiming that they can live with the final agreement made. However, the devil is in the details and the final communiqué was a masterful document in ambiguity. All things considered, Saudi Arabia with Russian support did a pretty impressive job in the messaging of OPEC meeting to satisfy ...

Dr. Mohamed A. Ramady

Saudi-Russian energy cooperation: A balancing act

Sunday, 18 June 2017

While current Qatar related regional tensions are dominating the headlines, there are some long-term Saudi strategic realignments taking place. President Trump’s visit to Saudi Arabia certainly seemed to herald a new military and economic bond that had been temporarily shaken under the previous US Administration. In another bold move, the Kingdom has also moved swiftly to cement an evolving relationship that is just as important as the mega defence deals with the USA, which will help to ...

Dr. Mohamed A. Ramady

Amazon sale is a disappointment or celebration?

Sunday, 2 April 2017

When Souq.com first started in 2005, it had five employees. Fast-forward 10 years and it was valued at $1 billion as it received the largest e-commerce funding in the region’s history. One year later, Dubai-based Emaar and US-based Amazon put forward bids to acquire the company, and the latter won. Neither party has disclosed the actual size of the deal, but public reaction has definitely been to throw a party. Over the region, entrepreneurs, start-ups, and the tech industry are ...

Yara al-Wazir