Omar Al-Ubaydli
Omar Al-Ubaydli

Omar Al-Ubaydli is a researcher at Derasat, Bahrain. He tweets @omareconomics.

Why are investors so interested in Saudi Arabia?

The New York Times editorial board recently published an editorial bemoaning corporations’ continued interest in investing in Saudi Arabia. The article highlighted a few reasons for Saudi...

How big a deficit should the Saudi Arabian government run?

Saudi Arabia is planning on operating a fiscal deficit of approximately $35 billion (just over five percent of GDP) for the year 2019. Once it has issued the debt required for funding this deficit,...

Should the government stop the Uber-Careem acquisition deal?

In late March 2019, the global ride-hailing giant Uber announced its acquisition of its Middle-Eastern competitor, Careem, for $3.1 bln, subject to antitrust approval by the countries in which the...

How Saudi entrepreneurs can benefit from a 1950s Italian-US agreement model

In order to boost entrepreneurship, Saudi Arabia should consider following a 1950s plan used to improve the Italian economy, which was done in partnership with the US, a recent paper by Michela...

Venezuela proves Gulf prosperity should not be taken for granted

As the political crisis unfolding in Venezuela seizes the headlines, analysts frequently draw attention to the fact that the South American country has the largest oil reserves in the world. The...

Does the US want high or low oil prices?

The US economy has traditionally been a heavy importer of oil, making it unquestionably a fan of low oil prices. Meanwhile, the shale oil revolution has transformed the US oil industry, and driven net...