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Latest articles in Saudi Arabia

Iran and Israel conflict worsens as each tries to shape the next US nuclear deal

Israel's cyberattack against the Natanz nuclear facility in Iran, maritime attack against the Saviz vessel in the Red Sea, and airstrikes against Iranian-linked assets in Syria all point to a more intense phase of conflict with Iran that coincides wi...
Tellimer Research Hasnain
Hasnain Malik @ Tellimer Research 12 April 2021
Iran and Israel conflict worsens as each tries to shape the next US nuclear deal
Iran and Israel conflict worsens as each tries to shape the next US nuclear deal

Saudi's massive investment program does not fix key problem of low productivity

The program risks undermining the key driver attracting local investors into listed equities: very high dividends compared with real interest rates. If capex projects were not considered value-creative before by corporate management, will the combina...
Tellimer Research Hasnain
Hasnain Malik @ Tellimer Research 31 March 2021
Saudi's massive investment program does not fix key problem of low productivity
Saudi's massive investment program does not fix key problem of low productivity

Israel's alternative to Egypt's Suez Canal for Saudi and GCC oil transit

We have written before on the potential inflationary impact on commodity prices, eg the 1.4mbpd of blocked northbound crude transit is 40% larger than the unilateral Saudi output in January which sparked this year's rally in oil prices. Geopolitical ...
Tellimer Research Hasnain
Hasnain Malik @ Tellimer Research 29 March 2021
Israel's alternative to Egypt's Suez Canal for Saudi and GCC oil transit
Israel's alternative to Egypt's Suez Canal for Saudi and GCC oil transit

Suez Canal blocked: 7 charts on impact on Oil & Gas, Food & Fertilizer, Egypt

The thought of a grounded container ship blocking the northbound lane of the Suez Canal evokes memories of the scene in Austin Powers when he is frantically trying to turn his buggy around in an impossibly tight space, and the picture of a minuscule ...
Tellimer Research Hasnain
Hasnain Malik @ Tellimer Research 26 March 2021
Suez Canal blocked: 7 charts on impact on Oil & Gas, Food & Fertilizer, Egypt
Suez Canal blocked: 7 charts on impact on Oil & Gas, Food & Fertilizer, Egypt

Oil price rally turns GCC fiscal balances positive for now, reform still a must

However, the oil price rally does not herald a new paradigm on which to base an investment strategy over the next one to three years: OPEC+ discipline is fragile (and highly dependent on Saudi), demand recovery post-Covid is likely to be a stuttering...
Tellimer Research Hasnain
Hasnain Malik @ Tellimer Research 8 March 2021
Oil price rally turns GCC fiscal balances positive for now, reform still a must
Oil price rally turns GCC fiscal balances positive for now, reform still a must

Khashoggi report will not derail US-Saudi relations or Crown Prince's succession

Those relations have already been reset by the Biden administration's well-flagged intention to resurrect the Iran Nuclear Deal (and its association with the cooling of relations between the US and Saudi Arabia during the Obama-era) and the bipartisa...
Tellimer Research Hasnain
Hasnain Malik @ Tellimer Research 25 February 2021
Khashoggi report will not derail US-Saudi relations or Crown Prince's succession
Khashoggi report will not derail US-Saudi relations or Crown Prince's succession