The White House is pictured shortly after sunrise in Washington, August 1, 2007. REUTERS/Jason Reed
by John Sfakianakis | May 19, 2017 | Opinion
Saudi-US ties have never been better. Saudi Arabia will be President Donald Trump’s first stop in his first overseas tour. The Saudis have laid out a massive red carpet for Trump and his business delegation with multiple events. It’s emblematic of the importance...
by John Sfakianakis | Apr 12, 2011 | Opinion
Saudis have shown loyalty to their country and the ‘Day of Rage’ turned into a ‘Day of Unity.’ One factor ignored is that Saudis want to see King Abdullah bring change and reform. Saudis are also savvy in knowing that the violence in Libya and Yemen, uncertainty in...
by John Sfakianakis | Apr 5, 2011 | Opinion
Spending and taking additional measures to filter down the wealth by oil exporters is a necessity, not an option. As the Middle East is grappling with social unrest, Saudi Arabia has no choice but to spend and generate confidence. Handouts and the start of structural...
by John Sfakianakis | Mar 29, 2011 | Opinion
Saudi Arabia’s King Abdullah unveiled on Friday additional financial support measures estimated to cost SR350 billion. An estimated SR135 billion worth of measures were announced some three weeks ago. The latest measures (21 Royal Orders in total) are significant in...
by John Sfakianakis | Mar 22, 2011 | Opinion
Over the last few years the economies of the region witnessed growth. Tunisia and Egypt were seen as rising economies, with the stock market in Egypt even receiving emerging market status. Meanwhile the Gulf oil states boomed. Yet this economic growth was uneven,...