Saudi Arabia

Aramco’s journey reflects not just the shift in Saudi energy policy but a broader reimagining of what national oil companies can achieve on the global stage.

The Gulf Arab states are continuing their balancing game around the war in Ukraine, though their attention is being pulled to the war in Gaza.

Trump’s unrealized quest to craft a major international agreement presents significant potential opportunities for Riyadh.

Aramco is unlikely to be able to sustain its current dividend payout absent a strong rebound in oil revenue. A reduced dividend would have negative implications for the finances of the government and Public Investment Fund.

Collaborations between the Gulf Arab states and Asia underscore a growing sentiment that culturally there is more in common between the Gulf and the Far East than there is between the Gulf and the West.

The outcome of the U.S. presidential election is unlikely to have a major impact on the Saudi economy in 2025, but policy differences between the two candidates could have longer-term implications for the kingdom.

Saudi Arabia's 94th National Day reflected a new seriousness in the kingdom, alongside the celebrations.

As Gulf governments accelerate domestic development agendas, local job creation and tax revenue are measurable indicators of successful economic policymaking.