Frank Kane

Frank Kane is an award-winning business journalist based in Dubai. Twitter: @frankkanedubai

Latest published

Global oil markets are getting what they need from OPEC+

Headlines are currently screaming at readers: “Oil markets starved of essential Russian and Saudi barrels.”

July 09, 2020

Dubai’s early debt repayment will stand it in good stead

We could all do with a bit of good news amid the continuing carnage in the global economy in the wake of the COVID-19 pandemic.

July 02, 2020

NCB-Samba merger to create national champion in banking

The trend toward consolidation in Saudi Arabia’s banking system appears irresistible, whatever the post-pandemic future brings. That is a good thing.

June 30, 2020

Amlak IPO is test of Saudis’ post-pandemic investment appetite

The historic initial public offering (IPO) of Saudi Aramco at the end of last year was expected to kick off a wave of IPOs in the Kingdom, as investors got the flotation bug and markets became more liquid and more comfortable with the concept of public offerings.

June 22, 2020

Between the lines at the OPEC+ ‘Zoom comms’

The OPEC+ press conference that took place on Monday was an exercise in “Zoom communications” that deserves closer analysis.

June 10, 2020

The pandemic threat to emerging markets

Under the extreme strain of pandemic lockdowns, the tectonic plates of the global economy are shifting. It is impossible to say where those pressures will erupt, or what the landscape will look like when they end. But it is hard to see how there can be any return to the old order.

June 01, 2020

Saudi Arabia's PIF buying spree is vote of confidence in pandemic recovery

We should have seen it coming. Yasir Al-Rumayyan, governor of Saudi Arabia’s Public Investment Fund (PIF), told a virtual gathering of investors last month, “You don’t want to waste a crisis. We’re looking into any opportunities.”

May 19, 2020

US has it in its power to halt global slide to depression

It is the oldest truism in the book that the US is the most important economy in the world. “When America sneezes, the rest of the world catches cold,” goes the saying.

May 12, 2020