Davos 2020 /tags/davos-2020 en Ƶ: All options open to OPEC+ as China virus weighs on price /node/1617946/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/225841">Reuters</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Sat, 2020-01-25 04:32</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p class="rtejustify"> DUBAI: Ƶ’s Minister of Energy Prince Abdul Aziz bin Salman Al-Saud said all options were open at an OPEC+ meeting in early March, including further cuts in oil production, Al Arabiya reported. But he added it was too early to make a call on the need for more cuts.<br /> “I can’t judge now if the market needs additional cuts because I haven’t seen the balances for January and February,” he said.<br /></p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2020/01/25/1942616-236857088.jpg" width="900" height="530" alt="" title="Ƶ’s minister of energy, Prince Abdul Aziz bin Salman Al-Saud, pictured here at the World Economic Forum at Davos, Switzerland, warned it was too early for OPEC+ to make a decision on oil supply. (Reuters)" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/category/tags/opec">OPEC</a></div><div class="field-item odd"><a href="/tags/aramco-saudi">Aramco Saudi</a></div><div class="field-item even"><a href="/tags/aramco-0">Aramco</a></div><div class="field-item odd"><a href="/tags/davos-2020">Davos 2020</a></div><div class="field-item even"><a href="/tags/coronavirus-1">Coronavirus</a></div><div class="field-item odd"><a href="/tags/aramco-ipo">Aramco IPO</a></div></div></div> Sat, 25 Jan 2020 01:38:29 +0000 malawi 1617946 at Minister: ‘Mind-blowing’ prospects for Saudi mining /node/1617926/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/161921">Frank Kane</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Sat, 2020-01-25 03:42</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> DAVOS: The opportunities presented by Ƶ’s mining industry are “mind-blowing,” the country’s minister for industry and mineral resources told Arab News.</p> <p> Speaking on the sidelines of the World Economic Forum in Davos, Bandar Alkhorayef — who was appointed to the newly created post last summer — said many of the Kingdom’s mineral resources were “untapped,” and that a multibillion-riyal investment program was now underway to find and exploit new sources of natural wealth.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2020/01/25/1942556-489527325.jpg" width="1300" height="766" alt="" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/category/tags/saudi-arabia">Ƶ</a></div><div class="field-item odd"><a href="/tags/davos-2020">Davos 2020</a></div></div></div> Sat, 25 Jan 2020 00:43:02 +0000 Mahad 1617926 at RDIF chief praises Saudi reforms, says Bezos hacking story is ‘Fake News’ /node/1617811/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/161921">Frank Kane</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even">daniel fountain</div></div></div><div class="field field-name-field-id field-type-text field-label-above"><div class="field-label">ID:&nbsp;</div><div class="field-items"><div class="field-item even">1579900908363086300</div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Sat, 2020-01-25 00:30</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> DAVOS: One of Ƶ’s biggest investment partners has reassured the global community about doing business in the Kingdom and ridiculed the Jeff Bezos accusations of phone hacking.<br /> Speaking on the sidelines of the World Economic Forum (WEF) annual meeting in Davos, Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), told Arab News that stories about the apparent hacking of Amazon boss Jeff Bezos’ phone did “not look plausible at all.<br /> “This has all the signs of being fake news put about by enemies of the Kingdom.”<br /></p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2020/01/25/1942316-1070199428.jpg" width="1200" height="665" alt="" title="Speaking on the sidelines of the World Economic Forum (WEF) annual meeting in Davos, Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF) said the Bezos phone hacking claims did not seem plausible. (WEF/File Photo)" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/business">business</a></div><div class="field-item odd"><a href="/tags/economy-1">economy</a></div><div class="field-item even"><a href="/tags/kirill-dmitriev">Kirill Dmitriev</a></div><div class="field-item odd"><a href="/tags/russian-direct-investment-fund-rdif">Russian Direct Investment Fund (RDIF)</a></div><div class="field-item even"><a href="/category/tags/saudi-arabia">Ƶ</a></div><div class="field-item odd"><a href="/tags/jeff-bezos">Jeff Bezos</a></div><div class="field-item even"><a href="/tags/amazon">Amazon</a></div><div class="field-item odd"><a href="/tags/phonehacking">Phonehacking</a></div><div class="field-item even"><a href="/tags/davos-2020">Davos 2020</a></div><div class="field-item odd"><a href="/tags/davos-0">Davos</a></div><div class="field-item even"><a href="/tags/world-economic-forum-wef">World Economic Forum (WEF)</a></div><div class="field-item odd"><a href="/tags/economy-2030">economy 2030</a></div><div class="field-item even"><a href="/tags/2030-economy">2030 Economy</a></div></div></div> Fri, 24 Jan 2020 21:22:29 +0000 rbksa 1617811 at Medical experts say health care needs ‘democratization’ during WEF cancer discussion /node/1617641/world <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/121086">Arab News</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Fri, 2020-01-24 14:30</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> Medica experts on Friday called for the democratization of healthcare globally during a World Economic Forum (WEF) discussion on “Breakthroughs in Cancer Care.”</p> <p> “There is a social aspect of cancer care. There are people who cannot get basic access to care, so we have a lot of social responsibility. We need to democratise health care,” Chairman and Managing Director of VPS Healthcare, Shamsheer Vayalil said.</p> <p> Vayalil discussed the issues many around the world who are unable to access healthcare for basic treatments.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2020/01/24/1941816-1988353608.jpeg" width="1280" height="613" alt="" title="Medica experts on Friday called for the democratization of healthcare globally during a WEF discussion. (Screen grab)" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/world">World</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/davos-2020">Davos 2020</a></div></div></div> Fri, 24 Jan 2020 11:33:38 +0000 ruaa.ameri 1617641 at AS IT HAPPENS: Davos 2020 Day Four – global economy, climate change, and digital future /node/1617581/world <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/121086">Arab News</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Fri, 2020-01-24 10:59</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> It is the last day of the World Economic Forum 2020 today in Davos, Switzerland, where world leaders are gathered to talk about global issues including technology, health, business and economics.</p> <p> Discussions on the digital world, environment, and gender are set for today. United Nations Secretary-General Antonio Guterres is speaking in one of the sessions.</p> <p> Follow our coverage here:</p> <p> <strong>16:00</strong> - Børge Brende, President of World Economic Forum, takes the podium to give his closing remarks, after four days of jampacked agenda.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2020/01/24/1941646-1150872042.jpg" width="900" height="600" alt="" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/world">World</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/davos-2020">Davos 2020</a></div></div></div> <span class="label abs-el uppercase live"> <i class="circle blink"></i> Live </span> Fri, 24 Jan 2020 08:02:35 +0000 one.diaz 1617581 at At Davos, innovative products point to a sustainable future /node/1617501/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/rbitem-author/tarek-ali-ahmad">TAREK ALI AHMAD</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Fri, 2020-01-24 01:15</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> DAVOS: The World Economic Forum is not all about the fourth industrial revolution or the rise of AI.</p> <p> You can also find all manner of strange and intriguing products on display from biodegradable plastic made from algae to wallpaper made from recycled corn husks.</p> <p> One stand titled “How do you design a tree?” is part of a conservation effort where a single tree is designed to bear 40 different types of apple.</p> <p> Another stand displays colored seaweed on a rack, showing how clothes can be dyed in a sustainable, non-chemically corrosive manner.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2020/01/24/1941431-902525458.jpg" width="1300" height="766" alt="" title="Sustainability comes in many forms at Davos, from seaweed dyes to 3D printing. (AN photo/Tarek Ali Ahmad)" /></div><div class="field-item odd"><img src="/sites/default/files/2020/01/24/1941436-1467281963.jpg" width="1300" height="766" alt="" title="Sustainability comes in many forms at Davos, from seaweed dyes to 3D printing. (AN photo/Tarek Ali Ahmad)" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/category/main-category/lifestyle/science-technology">Science &amp; Technology</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/davos-2020">Davos 2020</a></div></div></div> Thu, 23 Jan 2020 22:19:12 +0000 Mahad 1617501 at Saudi G20 faces up to global challenges /node/1617481/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/161921">Frank Kane</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Fri, 2020-01-24 00:50</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> DAVOS: The G20 summit to be held in Ƶ later this year will help the world resolve some of its biggest challenges in geopolitics, climate change and social issues, Mohammed Al-Jadaan, the Kingdom’s finance minister, told delegates at the World Economic Forum in Davos. </p> <p> “Fortunately, the world is becoming more connected as well, and that means we can think about solutions through consensus,” he said at a special session on the Kingdom’s strategic priorities ahead of the G20. </p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2020/01/24/1941386-1217114308.jpg" width="1739" height="984" alt="" title="Mohammed Al-Jadaan, the Ƶ’s finance minister." /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/g20-riyadh">G20 Riyadh</a></div><div class="field-item odd"><a href="/category/tags/saudi-arabia">Ƶ</a></div><div class="field-item even"><a href="/tags/davos-2020">Davos 2020</a></div><div class="field-item odd"><a href="/tags/economy-2030">economy 2030</a></div><div class="field-item even"><a href="/tags/2030-economy">2030 Economy</a></div></div></div> Thu, 23 Jan 2020 21:55:48 +0000 Mahad 1617481 at Women of the WEF unite to talk gender divides at Davos /node/1617476/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/rbitem-author/jumana-khamis">Jumana Khamis</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Fri, 2020-01-24 00:40</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> DUBAI: Davos turned its attention to the topic of gender parity at a panel on Thursday, a goal that has proven elusive for many countries around the world, including those in the Arab region.</p> <p> Speaking at the World Economic Forum (WEF), in a session titled “Social mobility: getting to 50-50 gender parity,” the world’s youngest serving prime minister, Sanna Marin of Finland, highlighted the importance of age and gender diversity on the process of decision making. </p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2020/01/24/1941371-771672058.jpg" width="1300" height="766" alt="" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/davos-2020">Davos 2020</a></div></div></div> Thu, 23 Jan 2020 21:47:01 +0000 Mahad 1617476 at Former Lebanese FM Gebran Bassil comes under fire in Davos panel /node/1617326/middle-east <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/rbitem-author/tarek-ali-ahmad">TAREK ALI AHMAD</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Thu, 2020-01-23 18:32</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> DAVOS: Lebanon’s new government needs to win the confidence of the parliament, the confidence of the people, and the confidence of the international community, former Lebanese foreign minister Gebran Bassil said at the World Economic Forum in Davos on Thursday.</p> <p> In a much-anticipated panel discussion plagued by controversy and uncertainty since its announcement, Bassil appeared despite a social media campaign and petition calling for his invitation to be rescinded. </p> <p> He said the country was in its current position because of 30 years of “wrong policies.”</p> <p>  </p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2020/01/23/1940871-1498157584.jpg" width="799" height="533" alt="" title="Gebran Bassil, a hate figure for Lebanese protesters, was grilled by Hadley Gamble during a Davos panel. (WEF)" /></div><div class="field-item odd"><img src="/sites/default/files/2020/01/23/1940881-841310646.jpg" width="799" height="533" alt="" title="Gebran Bassil, a hate figure for Lebanese protesters, was grilled by Hadley Gamble during a Davos panel. (WEF)" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/middleeast">Middle-East</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/davos-2020">Davos 2020</a></div><div class="field-item odd"><a href="/tags/gebran-bassil">Gebran Bassil</a></div><div class="field-item even"><a href="/tags/lebanon">Lebanon</a></div></div></div> <span class="label abs-el uppercase special"> Special </span> Thu, 23 Jan 2020 16:49:50 +0000 jonathan.lessware 1617326 at Ƶ’s Al-Jubeir tells Iran to stop ‘meddling’ in Iraqi affairs /node/1617261/middle-east <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/121086">Arab News</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even">daniel fountain</div></div></div><div class="field field-name-field-id field-type-text field-label-above"><div class="field-label">ID:&nbsp;</div><div class="field-items"><div class="field-item even">1579794894072210200</div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Thu, 2020-01-23 19:03</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> LONDON: Iran should worry more about its own people and stop sponsoring global terrorism, Ƶ’s Minister of State for Foreign Affairs said on Thursday.<br /> Adel Al-Jubeir, speaking on a World Economic Forum panel about the situation in the Middle East, said the Islamic Republic was responsible for much of the unrest in the region and that leaders in Tehran were the ones who began escalating tensions through their interference in countries such as Iraq, Yemen and Lebanon.<br /></p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2020/01/23/1940836-1507519442.png" width="1200" height="725" alt="" title="Adel Al-Jubeir, speaking on a World Economic Forum panel about the situation in the Middle East, said the Islamic Republic was responsible for much of the unrest in the Middle East. (Screenshot: WEF)" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/middleeast">Middle-East</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/middle-east">Middle East</a></div><div class="field-item odd"><a href="/tags/iran">Iran</a></div><div class="field-item even"><a href="/category/tags/saudi-arabia">Ƶ</a></div><div class="field-item odd"><a href="/tags/davos-2020">Davos 2020</a></div><div class="field-item even"><a href="/tags/davos-0">Davos</a></div><div class="field-item odd"><a href="/tags/adel-al-jubeir">Adel Al-Jubeir</a></div><div class="field-item even"><a href="/tags/world-economic-forum-wef">World Economic Forum (WEF)</a></div><div class="field-item odd"><a href="/tags/wef-2020">WEF 2020</a></div></div></div> Thu, 23 Jan 2020 16:04:37 +0000 rbksa 1617261 at Aramco chief sees demand for oil staying above 100m barrels /node/1617246/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/121086">Arab News</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even">Zaynab Khojji</div></div></div><div class="field field-name-field-id field-type-text field-label-above"><div class="field-label">ID:&nbsp;</div><div class="field-items"><div class="field-item even">1579793812072106900</div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Thu, 2020-01-23 18:36</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> DAVOS: Aramco CEO Amin Nasser said he expected global oil demand to stay above the 100 million barrels threshold as the rise of the global middle class spurred demand for energy.<br /> A panel on the global energy outlook at the World Economic Forum in Davos heard that renewable energy alone would not be able to meet rising demand for power as more people moved into the middle class.<br /> “There will be additional demand and the only way to meet it is if you continue to provide affordable, reliable and viable energy to the rest of the world,” said the Aramco CEO.<br /></p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2020/01/23/1940801-385492868.jpg" width="1024" height="660" alt="" title="Aramco CEO Amin Nasser said he expected global oil demand to stay above the 100 million barrels threshold as the rise of the global middle class spurred demand for energy. (File/AFP)" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/aramco-0">Aramco</a></div><div class="field-item odd"><a href="/tags/davos-2020">Davos 2020</a></div><div class="field-item even"><a href="/tags/aramco-ipo">Aramco IPO</a></div><div class="field-item odd"><a href="/tags/saudi-aramco-ipo">Saudi Aramco IPO</a></div></div></div> Thu, 23 Jan 2020 15:41:41 +0000 rbksa 1617246 at Riyadh to host next World Economic Forum regional summit /node/1617161/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/161921">Frank Kane</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Thu, 2020-01-23 15:02</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> DAVOS: Ƶ will host the next Middle East summit of the World Economic Forum, the first time the Kingdom has staged the prestigious meeting of world leaders, it was announced in Davos on Thursday.</p> <p> Borge Brende, the WEF president, told delegates: “The next Middle East summit will be held in Ƶ on the 5 and 6 of April this year.”</p> <p> The theme of the meeting will be the place of the region in the fourth industrial revolution, according to a posting on the official WEF website.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2020/01/23/1940576-1549704912.jpg" width="900" height="600" alt="" title="The announcement was made at a special meeting at Davos to consider the strategic priorities for Ƶ as it prepares to stage the G20 meeting of world leaders in the Kingdom in November. (File/AFP)" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/world-economic-forum-wef">World Economic Forum (WEF)</a></div><div class="field-item odd"><a href="/tags/davos-2020">Davos 2020</a></div><div class="field-item even"><a href="/tags/economy-2030">economy 2030</a></div><div class="field-item odd"><a href="/tags/2030-economy">2030 Economy</a></div></div></div> Thu, 23 Jan 2020 12:11:25 +0000 farah.heiba 1617161 at Frank Kane’s Davos diary: Food for thought as Aramco’s Amin Nasser hosts Davos /node/1617151/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/161921">Frank Kane</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Thu, 2020-01-23 13:53</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> DAVOS: Rapidly becoming a highlight of the hectic Davos calendar is the Saudi Aramco reception and dinner, held for the past two years now at the InterContinental Hotel on the outskirts of the Alpine resort.</p> <p> The egg-shaped InterConti is one of the bigger and newer establishments here, very different in style from most of the other traditional Swiss hotels. It exudes corporate power and influence and is a fitting venue for the most valuable company in history to host friends, clients and would-be partners for a few informal hours.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2020/01/23/1940686-1285686299.jpg" width="1024" height="576" alt="" title="Saudi Aramco CEO Amin Nasser at the World Economic Forum in Davos, Switzerland on Jan. 23, 2020. (Saudi Aramco)" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/aramco-0">Aramco</a></div><div class="field-item odd"><a href="/tags/davos-2020">Davos 2020</a></div><div class="field-item even"><a href="/tags/aramco-ipo">Aramco IPO</a></div></div></div> Thu, 23 Jan 2020 11:14:19 +0000 farah.heiba 1617151 at AS IT HAPPENED: Davos 2020 Day Three – G20, AI, gender balance and health top the bill /node/1617031/world <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/121086">Arab News</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Thu, 2020-01-23 09:32</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> DAVOS, Switzerland: Thursday saw Day Three of the 2020 World Economic Forum get underway, which included government ministers from Ƶ speaking ahead of the Kingdom hosting the high-profile G20 Riyadh summit in November.</p> <p> There were also discussions about health technology, digital economy, gender equality, and the disability movement among many other global issues.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2020/01/23/1940181-1595165942.jpg" width="900" height="564" alt="" title="The World Economic Forum 2020 will run until Jan. 24. (File/AFP)" /></div><div class="field-item odd"><img src="/sites/default/files/2020/01/23/1940856-235016391.png" width="1364" height="824" alt="" title="Adel Al-Jubeir, speaking on a World Economic Forum panel about the situation in the Middle East, said Iran should stop ‘meddling’ in Iraqi affairs and worry about its own people. (Screenshot: WEF)" /></div><div class="field-item even"><img src="/sites/default/files/2020/01/23/1940971-1802699736.jpg" width="670" height="447" alt="" title="Gebran Bassil - one of the targets of angry Lebanese protesters in recent months - was involved in a very awkward interview during Day Three of WEF. (WEF/Flickr)" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/world">World</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/davos-2020">Davos 2020</a></div><div class="field-item odd"><a href="/tags/world-economic-forum-2020">World Economic Forum 2020</a></div><div class="field-item even"><a href="/tags/world-economic-forum">World Economic Forum</a></div><div class="field-item odd"><a href="/tags/wef-2020">WEF 2020</a></div></div></div> <span class="label abs-el uppercase live"> <i class="circle blink"></i> Live </span> Thu, 23 Jan 2020 06:40:03 +0000 one.diaz 1617031 at Ƶ a ‘pioneer’ in energy transformation, minister tells Davos /node/1616771/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/161921">Frank Kane</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even">FRANK KANE</div></div></div><div class="field field-name-field-id field-type-text field-label-above"><div class="field-label">ID:&nbsp;</div><div class="field-items"><div class="field-item even">1579713930063436900</div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Wed, 2020-01-22 20:26</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> DAVOS: Saudi Energy Minister Prince Abdulaziz bin Salman mounted a strong defense of the Kingdom’s record on climate change and clean energy production at a special event during the annual meeting of the World Economic Forum in Davos.</p> <p> On a panel titled, “The Future of Fossil Fuels,” with other energy industry leaders, the prince told delegates that Ƶ was a “pioneer” in many areas of clean energy production and usage, and that it had taken big steps toward diversifying its energy mix.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2020/01/22/1939471-1556893004.jpg" width="750" height="500" alt="" title="Prince Abdulaziz bin Salman told delegates that Ƶ was a &#039;pioneer&#039; in many areas of clean energy production and usage, and that it had taken big steps toward diversifying its energy mix. (AFP)" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/wef-2020">WEF 2020</a></div><div class="field-item odd"><a href="/tags/davos-2020">Davos 2020</a></div><div class="field-item even"><a href="/tags/prince-abdul-aziz-bin-salman">Prince Abdul Aziz bin Salman</a></div><div class="field-item odd"><a href="/tags/economy-2030">economy 2030</a></div><div class="field-item even"><a href="/tags/2030-economy">2030 Economy</a></div></div></div> <span class="label abs-el uppercase special"> Special </span> Wed, 22 Jan 2020 22:37:41 +0000 rbksa 1616771 at