Is Miami’s FII the hottest conference for billionaires? ‘It’s way better than Davos’
On Wednesday night in Miami, billionaires and royals waited in line to get a seat for President Trump’s speech at the Saudi Arabia-backed Future Investment Initiative (FII) summit. Everyone from Trump’s former Treasury Secretary Steve Mnuchin to former Google CEO Eric Schmidt to WeWork founder Adam Neumann queued to get a seat in the conference hall,
Oil prices extend slide on tariff worries, OPEC+ production plans
Oil prices fall after Opec+ confirms crude production increase
Opec+ said it would proceed with a plan to increase oil production from April, in an unexpected move by the cartel that sent crude prices tumbling. Saudi Arabia and seven other members of the Opec+ group had previously delayed a plan to unwind long-standing output cuts several times and traders had widely expected it to be postponed again.
Oil falls as market eyes OPEC+ output increase, US tariffs
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Saudi Arabia looks to Manhattan’s urban plan for ‘The Line’
Saudi Arabia’s upcoming vertical metropolis – The Line – looks to Manhattan’s pedestrian template in terms of accessibility, according to remarks made by NEOM’s Chief Development Officer Denis Hickey at a recent presentation in Davos, Switzerland.