Frank Kane

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

Latest published

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

The fading specter of the inflationary threat

Just as the world begins to recover from the impact of the pandemic recession, the so-called “specter” of inflation is said to be rearing its head over the global economy.

May 07, 2021

Despite India, seat belt sign is on for global economy ‘take-off’

The US economy is “ready for take-off,” American President Joe Biden said in his first speech to Congress; news the rest of the world has been waiting to hear for a long time.

April 30, 2021

California is opening up — that’s good news for the rest of the world

I boarded a Boeing 777 just over a week ago for the 16-hour flight to Los Angeles with three goals in mind.

To see my granddaughters who live in California, especially six-month-old Uma Grace, for the first time.

April 12, 2021

Why a ‘Reddit revolt’ is unlikely in the Middle East

Could the kind of mayhem that hit US markets last week make an appearance in the Middle East?

January 31, 2021