Tag: Saudi Arabia

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Cobweb that beclouds proposed Saudi Arabia $25b investment in Nigeria

By Kingsley Jeremiah,Some stakeholders have expressed cautious optimism about the reported proposed Saudi Arabia $25b investment in Nigeria’s oil and gas industry, especially in...

Nigeria and Saudi Arabia sign MoU on oil and gas sector investments, Knowledge transfers

By John Ofikhenua, AbujaNigeria and the Government of the Kingdom of Saudi Arabia have signed a pact on oil and gas sector investments.The cooperative...

Inside plan for incredible OXAGON megacity – the ‘world’s largest floating structure’ as part of $500bn Neom project

By Anthony BlairFURTHER plans for a remarkable eight-sided floating city which if built would be the world's largest floating structure have been unveiled.The futuristic...

These exclusive satellite images show that Saudi Arabia’s sci-fi megacity is well underway

By Mark HarrisIn early 2021, Crown Prince Mohammed bin Salman of Saudi Arabia announced The Line: a “civilizational revolution” that would house up to...

The economics of building big in the Middle East

By Andrew J. Masigan We’ve all heard about “The Line,” a 170-kilometer desert city to be built by the Saudi Arabian government at a cost...

An economist explains why Saudi Arabia and China are looking to ditch the dollar in a new oil deal — and where Beijing could...

By Phil Rosen Reports of a Saudi oil deal priced in China's currency could signal unease with reliance on the US dollar, according to an...