Prince Abdulaziz Bin Salman appointed deputy oil minister King Salman has retained long-serving foreign, finance and oil ministers in a cabinet and government reshuffle announced on 29 January. Sons of the late King Abdullah have been replaced as governors of…
Month: January 2015
Dubai real estate market has stabilised: JLL
The Dubai real estate market, which boomed before and after the announcement in November 2013 that Dubai had been named to host the World Expo 2020, is showing signs of stabilising, according to the fourth quarter Dubai Real Estate Market…
Will the GCC and the US be masters of the new world energy order?
A new world energy order may be emerging where the masters will be the GCC, the world’s biggest energy exporters, and the US, the world’s largest energy consumer. In an interview with Middle East Economic Survey (MEES) in December, Saudi…
GCC prepares for leadership change and the new world energy order
Whether history is the product of turning points or incremental change, 1 January 2015 feels like it’s a new start for the Middle East and the GCC in particular. On the horizon are generational leadership transition in the GCC and a…