Abu Dhabi National Energy Company has appointed former BP chief executive Bernard Looney and Blackstone president Jon Gray, alongside Sultan Ahmed Al-Jaber and other senior local figures, to the board of its new mega-venture XRG.
Issue 1195 - 18 December 2024
The start of services on the Riyadh Metro and hotel openings at the Red Sea Project are positive signs of progress in the kingdom’s ‘giga-project’ economy. But for all the hype about the government’s shift away from Saudi Arabia’s reliance on oil revenues, hydrocarbons are as vital to the economy today as they were when Crown Prince Mohammed Bin Salman launched his Vision 2030 diversification strategy in 2016. The turnover of key executives suggests the Saudi top team is unhappy with progress to date.
Issue 1194 - 28 November 2024
Search our archive for articles dating back to 2008 or explore past issues in PDF back to 1979.
Jon Marks
Editorial director
Dominic Dudley
Editor
Harry Randle Marsh
Subscriptions and sales
Tel: +44 (0)1424 721667
Gulf States Newsletter is a brand of
