Another deficit is likely, but it will be in line with EU standards, say Saudi ministers keen to keep investing in the Kingdom's economic diversification away from oil and towards Vision 2030

New investments from the sovereign wealth fund and bilateral trade of $33bn means these two pivotal Arab states can continue enjoying mutually beneficial ties

Once a colonialist's playground, the world's second largest continent has a newfound confidence in its worth. This could well be Africa's century. Who it chooses to partner will be important.

In a wide-ranging interview with Al Majalla, Michael Mainelli discusses Saudi-UK ties, investments in AI and renewable energy and describes Saudi Vision 2030 as 'amazing and ambitious'

Cairo and Abu Dhabi shook hands on a huge development project on Egypt's north coast, giving it a much-needed cash injection. But is Egypt selling the family silver in desperation?

As the world moves away from oil, the region must move its national economies into a new era. But for most states, their starting position is far from ideal. Where and how should they change?

Washington has finally woken up to the importance of developing this vital region, with Nigeria showing the greatest investment potential — in the trillions.

For the 112 economies that reported data, inward FDI positions rose by an average of 7.1% in national currencies. In dollar terms, this global growth figure translates to only 2.3%.rnrn

As the move away from oil dependence changes the financial priorities of donor nations – they are becoming investors instead of writing blank cheques

The Kingdom wants to unlock the enormous competitive advantages it has – not least a geographical location linking three continents – to become a dynamic destination for investment