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Sport
Formula E puts new grid spot up for sale as it tests electric racing demand
..., Saudi Arabia, the UK and the US....
April 5, 2024
Telefonica SA
Telefónica shares jump after Spain announces plan to buy 10% stake
...The United Arab Emirates telecoms group e& already has a stake in Vodafone....
December 20, 2023
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Middle Eastern finance
Abu Dhabi steps in to ease Egypt’s currency crisis with $35bn investment
...The official rate has been held at around E£31 to the dollar since March 2023, but it has been trading on the black market at more than twice that value....
February 23, 2024
LexOil & Gas industry
US oil production: record output at low prices a troubling combination Premium content
...As Saudi Arabia makes production cuts, its US oil rivals make hay. American production, recently measured at 13.2mn barrels a day, has hit an all-time high....
December 6, 2023
Moral Money
Is synthetic natural gas any better than the real thing? Premium content
...“All we’re trying to do is, within that world of e-fuels, trying to pick who the winners are,” Alverà said....
April 3, 2024
Houthi movement
Three killed in Houthi attack on cargo ship off Yemeni coast
...The Houthis’ official spokesman, Yahya Sare’e, claimed the attack, calling the True Confidence an “American ship”....
March 7, 2024
FT Live
Business of Football Summit
The global gathering of leaders in football and finance
Wednesday, 26 February 2025In-Person & Digital | London
Middle Eastern politics & society
Yemen’s Houthis claim responsibility for Norwegian tanker missile attack
...The French defence ministry also said a French frigate “intercepted and destroyed” a drone threatening the ship.Houthi military spokesperson Yahya Sare’e claimed responsibility for the attack in a televised...
December 12, 2023
Middle Eastern politics & society
Saudi Arabia invites Iranian president to visit in latest sign of rapprochement
...“Both Iran and Saudi Arabia twisted each other’s ears [but] now it’s time for co-operation.”...
June 17, 2023
News in-depthGames industry
Saudi Arabia spends billions in drive to dominate global games industry
...global hub for the games and e-sports sector” in just seven years....
June 13, 2023
News updates from September 5: Oil rises above $90 a barrel, Spanish women’s football manager sacked
Saudi telecoms group STC acquires 9.9% stake in Spain’s Telefónica
...Saudi Arabia’s STC Group has acquired a 9.9 per cent stake in Spain’s Telefónica valued at €2.1bn, in the latest foray by Gulf state telecom companies into the European market.The Saudi company, which is...
September 5, 2023
Due Diligence
The private equity reckoning has begun Premium content
...Kirkland & Ellis is opening a new office in Riyadh, Saudi Arabia led by corporate partner Kamran Bajwa....
November 1, 2023
Stuart Kirk
We are all hypocrites on corporate governance
...Likewise foreign direct investment into Saudi Arabia almost quadrupled between 2011 and 2021....
January 27, 2024
LexTelefonica SA
Telefónica/STC: Spanish deal spreads risks and builds soft power Premium content
...STC is following in the footsteps of rival e&. Last month, the United Arab Emirates business announced it wanted to increase its stake in UK group Vodafone to 20 per cent....
September 6, 2023
Climate change
UAE state energy company brings forward net zero target to 2045
...Gulf rival Saudi Aramco emits about 10kg of CO₂e/boe, while BP emits about 15kg of CO₂e/boe....
July 31, 2023
FT Schools
Economics class: teaching ideas
...oil volatility Supply and demand: chip prices Exchange rates/balance of payments: depreciation dangers Price determination: vanilla Subsidies: UK farmers prepare for Brexit Technological innovation: e-scooter...
April 22, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Telecoms
Spain to defend ‘strategic interests’ after Saudi telecoms group buys Telefónica stake
...The neighbouring United Arab Emirates investment group e& increased its stake in Vodafone to 14.6 per cent in April, up from 9.8 per cent in 2022....
September 6, 2023
Europe Express
Nerve-testing times pose question of European nuclear deterrent Premium content
...He lists these as, in Asia, Japan and South Korea; in Europe, Poland and Ukraine; and in the wider Middle East, especially if Iran became a full-blown nuclear power, Saudi Arabia and Turkey....
April 13, 2024
Due Diligence
The media litigator getting into the PR game Premium content
...element of soft power in Saudi Arabia’s smaller, passive stake, Spain can remain sanguine....
September 7, 2023
Due Diligence
A tale of two hedge funds Premium content
...Saudi Arabia levels up its gaming ambitions There’s nothing subtle about Saudi Arabia’s ambitions these days, whether it’s building a $500bn futuristic city, assuming control over one of the world’s premiere...
June 14, 2023
Thailand
Thai PM Srettha faces hard sell with $14bn stimulus handout
...Prommin Lertsuridej, Srettha’s chief economic adviser, said in an interview that blockchain technology would be built into Pao Tang — a popular mobile app for e-services including banking and healthcare...
December 5, 2023
Scoreboard
Path clear for Saudi World Cup Premium content
...The World Anti-Doping Agency has added semaglutide — the generic name for Ozempic and similar drugs (i.e. Wegovy, Rybelsus) — to its monitoring list for 2024....
October 7, 2023
The rise of the middle powers
China capitalises on US sanctions in fight to dethrone dollar
...“China has pilot projects to settle bilateral trade in e-yuan with Thailand and the UAE [United Arab Emirate],” said Demarais....
August 24, 2023
Disrupted Times
UK and eurozone housebuilding hit by ‘perfect storm’
...Oil prices topped $90 for the first time this year as Saudi Arabia and Russia extended production cuts....
September 6, 2023
FirstFT
FirstFT: US to investigate chips used in Huawei’s new smartphone
...The Big Read More than 100 countries are exploring the idea of a central bank digital currency, ranging from China’s “e-yuan” to the UK’s “digital pound”....
September 6, 2023
Scoreboard
Cricket set for a Hollywood return Premium content
...The PGA Tour has begun a formal process to evaluate outside investor interest, even as it still works to formalise a framework deal with the Saudi Arabia Public Investment Fund....
October 14, 2023

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