Frank Kane

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

Latest published

Saudi Arabia’s methane pledge is a big step forward in fight against climate change

Amid all the razzmatazz and big policy initiatives of the Saudi Green Initiative, one item perhaps did not get the full attention it deserves.

October 24, 2021

Will Unifonic be the Middle East’s next unicorn?

It took a short while for SoftBank’s Vision Fund to make its first direct investment in a Saudi company, but it was well worth the wait.

September 17, 2021

OPEC+ unlikely to be swayed from long-term strategy

OPEC+, the oil producers’ alliance led by Saudi Arabia and Russia, meets this week for the first test of the new regime put in place at July’s meeting, and which took effect from the first of this month.

August 30, 2021

California stays laid-back despite pandemic, environmental challenges

When America sneezes, the rest of the world catches cold, goes the old adage. But it’s equally true that if California is feeling poorly, the rest of the US will also be under the weather.

August 25, 2021

Saudi PIF continues its climb up the SWF ladder

Saudi Arabia this week took a welcome step along the path to streamlining its domestic financial infrastructure with the merger of two pension and social security fund entities.

June 18, 2021

US oil trapped in a financial straitjacket

Brent crude seems to have set at least a new floor above $70, and even West Texas Intermediate — the biggest victim of the price collapse of just over a year ago — is also reaching multi-year highs. Yet US shale appears to be stuck in a rut.

June 11, 2021

Saudi tourism puts on the Ritz in Riyadh

From the vantage point of the lobby of the Ritz Carlton in Riyadh, the post-pandemic world looks an increasingly optimistic place.

May 28, 2021

The IEA and Lamborghini — straws in the wind of climate change

It has been a big week of symbolism for the energy transition, with two events that could be interpreted as landmarks on the road to the Paris Agreement’s 2050 goal of net-zero carbon emissions and a cleaner planet.

May 21, 2021

Inflation ‘bump’ spooks pumped-up stock markets

Global stock markets — the Saudi Tadawul included — suffered a surge of panic last week on the fear of higher inflation.

May 14, 2021